Tag: Rules

Indonesia’s Futures Regulator Issues New Rules for Crypto Assets

Indonesia’s Futures Regulator Issues New Rules for Crypto Assets Indonesia’s Futures Exchange Supervisory Board (Bappebti) has announced new regulations on the implementation of physical markets for crypto assets in futures trading. The rules focus on good governance for cryptocurrency tradèrs, legal certainty and consumer protection. They will also require the […]

Localbitcoins to Introduce New User Verification Rules

Localbitcoins to Introduce New User Verification Rules Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals […]

Venezuela’s New Cryptocurrency Rules Enter Into Force

Venezuela’s New Cryptocurrency Rules Enter Into Force The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale, use, distribution, and exchange of cryptocurrencies and related products. It also mandates a registration system and details audit procedures, penalties […]

British Regulators Ruminate on Crypto Rules While Standing Firm on Crypto Taxation

British Regulators Ruminate on Crypto Rules While Standing Firm on Crypto Taxation The bear market has given British regulators more time to consider crypto legislation, but not necessarily less reason to take a hard line, especially in terms of taxation Cointelegraph.com News

Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx

Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled that the bank acted in compliance with laws […]

Estonia to Tighten Rules for Licensed Crypto Companies

Estonia to Tighten Rules for Licensed Crypto Companies Estonia, one of Europe’s most crypto-friendly nations, plans to tighten its licensing regime for cryptocurrency companies. The financial authorities in Tallinn want to introduce stricter regulations for fintech businesses registered in the Baltic country.   Also read: Binance Terminates Services for Users […]

Isle of Man Updates Registration Rules for Cryptocurrency Businesses

Isle of Man Updates Registration Rules for Cryptocurrency Businesses The financial regulator of the Isle of Man recently introduced changes to its policy governing the registration of companies in the cryptocurrency industry. The British Crown dependency in the Irish Sea is also tightening rules applicable to projects that conduct initial […]

Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a […]