Maltese regulator warns against 2 unlicensed digital currency firms
The Maltese financial regulator has issued two warnings against two platforms that have been offering digital currencies without the required authorization.
Latest Regulations News
CFTC to develop a holistic framework for digital currencies by 2024
The CFTC has unveiled its strategic plan for 2020-2024. The plan includes creating a holistic framework to promote responsible innovation in digital assets.
Unlicensed BTC dealer charged under Singapore’s new laws
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.
Yet another Russian ministry criticizes digital currency ban
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.
Russia finally lifts ban on Telegram
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 proposed law may lead to lasting ban on digital currencies
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.
Estonia strips 500 digital currency firms of licenses
Estonian authorities are cracking down on digital currency firms as they strive to clean up following Europe’s largest ever money laundering scandal.
Russia’s Ministry for Economy: Regulate, don’t ban digital currencies
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.
Gibraltar regulator warns against 4 digital currency trading platforms
The Gibraltar financial services regulator has warned against four trading platforms that offer digital currency trading and falsely claim to be regulated.
Louisiana’s digital currency licensing bill sails through to state Senate
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.
Cyprus issues warning against 11 forex, digital currency platforms
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 central bank confirms digital currency ban amid rising demand
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.