Bitcoin News / Bitcoin.com - 1 year ago
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the...
Cryptocoins News / CoinJournal - 1 year ago
Exchanges with specific asset levels must obtain an Australian Financial Services License
The draft legislation is expected to go out by 2024.
A consultative process seeks input from stakeholders and the public on 32 key regulatory themes.
In a sig...
Cryptocoins News / The Cointelegraph - 1 year ago
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could...
by COINS NEWS - 1 year ago
The Australian Treasury’s newly released consultation paper will require crypto exchanges to apply for financial services licence from the local financial regulator....
Cryptocoins News / Blockchain - 1 year ago
The disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. T...
Cryptocoins News / The Cointelegraph - 1 year ago
The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August. The United Kingdom’s financial markets regulator, The Financ...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement officials and financial regulators in Hong Kong have teamed up to better identify illegal activities on cryptocurrency exchanges. The initiative, which comes in the wake of the crackdown on the JPEX exchange, seeks to improve coordina...
by COINS NEWS - 1 year ago
Ever wondered what really happens when you "stake" your coins on an exchange? When you hit that ‘Stake’ button on many exchanges, instead of genuinely staking your coins, it’s often just a visual JavaScript representation and SQL record. Es...
Bitcoin News / Bitcoin.com - 1 year ago
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digi...
Cryptocoins News / Blockchain - 1 year ago
Taiwan's major crypto exchanges form an industry association to align with upcoming regulations by the Financial Supervisory Commission. The association aims to serve as a unified voice for the industry and facilitate effective communication with the...
by COINS NEWS - 1 year ago
Conspiracy post incoming. With a death-grip on the crypto industry and the undying fear of loss of power and authority in the space, the powers-that-be (government, tradFi, banks etc) are attempting, with exceeding ferver and desperation, to erode th...
Cryptocoins News / The Cointelegraph - 1 year ago
Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan. Taiwan’s Financial S...
Cryptocoins News / CoinJournal - 1 year ago
Taiwan’s regulator, the Financial Supervisory Commission (FSC) has announced new guidelines for virtual asset service providers (VASPs).
The agency published the VASP guidelines on Tuesday, which includes exchange registration, segregation of...
Cryptocoins News / The Cointelegraph - 1 year ago
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. As Taiwan regulat...
Bitcoin News / Bitcoinist - 1 year ago
XRP has defied all expectations of a bearish outlook to become the most traded altcoin on crypto exchanges in the United States. The cryptocurrency has overtaken prominent cryptocurrencies like Solana, Litecoin, and Shiba Inu, despite being blacklist...
Bitcoin News / Bitcoinist - 1 year ago
In a stern message to the crypto industry, David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent.
Hirsch’s declaration comes as the Securities and Exchange Commission g...