An unlicensed BTC dealer has been charged in Singapore for facilitating money laundering, could face three years in jail. It’s the first action under new laws.
The Ministry of Justice is the latest to criticize a digital currency ban proposed by the central bank that would make it illegal for Russians to own Bitcoin.
After taking a hard stance against Telegram for years, the Russian government has finally lifted a ban on the app, citing its cooperation in stopping terrorism.
India’s digital currencies industry is once again looking at a possible permanent ban after the Finance Ministry called for consultations on a new law.
Estonian authorities are cracking down on digital currency firms as they strive to clean up following Europe’s largest ever money laundering scandal.
A Russian ministry has stood up for the digital currency industry against a proposed blanket ban. It urged the gov’t to consider regulating instead of banning.
The Gibraltar financial services regulator has warned against four trading platforms that offer digital currency trading and falsely claim to be regulated.
Louisiana’s Senate is considering a bill that seeks to license digital currency businesses. The license will cost $2,000, with an annual renewal fee of $1,000.
The Cypriot regulator has sounded a warning against 11 brands that it says aren’t licensed to operate in Cyprus. The 11 deal with digital currencies and FX.
Myanmar’s central bank has made its anti-digital currencies stand known, banning them in the country. But the citizens believe it has no legal right to do this.
Iran has clamped down on the digital currency industry even further, with new laws requiring that all digital currency exchanges be licensed by the central bank.