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Regulation

Philippines: PH-IGM, Gameloot, Vertex Evo Trading hit with SEC warnings
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23 December, 2022

Philippines: PH-IGM, Gameloot, Vertex Evo Trading hit with SEC warnings

The SEC blacklisted PH-IGM, Gameloot, and Vertex Evo Trading, for breach of securities law and operating like a Ponzi scheme.
Dutch central bank warning targets KuCoin over unregistered services offering
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20 December, 2022

Dutch central bank warning targets KuCoin over unregistered services offering

The DNB alleges that KuCoin does not comply with the Anti-Money Laundering and Anti-Terrorist Financing Act; it also claims that...
Australia’s financial watchdog sues Finder Wallet over ‘unlicensed’ financial services
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20 December, 2022

Australia’s financial watchdog sues Finder Wallet over ‘unlicensed’ financial services

After ASIC's notification that Finder Wallet's Finder Earn violated the law, the firm terminated the offering and returned all funds...
France may stiffen rules for digital asset firms aiming to obtain licenses
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20 December, 2022

France may stiffen rules for digital asset firms aiming to obtain licenses

Herve Maurey, a member of the French Senate’s finance commission, is pushing for an amendment of a law allowing virtual...
Hong Kong’s securities watchdog warns of losses from digital asset saving and deposit products
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20 December, 2022

Hong Kong’s securities watchdog warns of losses from digital asset saving and deposit products

The Securities and Futures Commission clarified that it doesn’t regulate the industry and urged caution from investors, reminding them they...
Germany’s financial regulator calls for global-scale digital asset regulation
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19 December, 2022

Germany’s financial regulator calls for global-scale digital asset regulation

BaFin president Mark Branson says that regulators have tried a hands-off approach to regulations, and judging by recent collapses, it...
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