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AML / KYC
Malaysia Issues AML/CTF Policy for Cryptocurrency Exchanges
By Manesh Samtani | 01/03/2018
Cryptocurrency exchanges are required to fully identify all customers and monitor for money laundering and terrorist financing activities.
Crypto / Digital Assets
S.Korea to ‘Encourage’ Banks to Deal with Crypto Exchanges
By Manesh Samtani | 22/02/2018
FSS governor says government will support ‘normalised trading’ of cryptocurrencies, requiring interaction of banks and crypto exchanges.
Crypto / Digital Assets
Japan FSA to Empower Self Regulatory Body for Cryptocurrency
By Manesh Samtani | 19/02/2018
Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.
Crypto / Digital Assets
S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency
By Manesh Samtani | 14/02/2018
The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.
Crypto / Digital Assets
Thailand Banks Banned from Cryptocurrency Activities
By Manesh Samtani | 14/02/2018
Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.
Crypto / Digital Assets
Australia Won’t Follow US, UK Credit Card Bans for Crypto
By Manesh Samtani | 09/02/2018
ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.
Crypto / Digital Assets
Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS
By Manesh Samtani | 07/02/2018
The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.
Fintech / Regtech
China Blocks Domestic Investors from Accessing Cryptocurrency Overseas
By Manesh Samtani | 06/02/2018
Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.
Crypto / Digital Assets
Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide
By Manesh Samtani | 05/02/2018
All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.
Crypto / Digital Assets
How GDPR Could Deflate the Blockchain Hype
By Bradley Maclean | 05/02/2018
Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.
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