# Regulation News

Canonical URL: https://www.tokenpost.com/news/regulation?page=103
Page 103 of 123. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Crypto has value but won’t likely replace USD for oil trading, says Putin](https://www.tokenpost.com/news/insights/9293)

By Mark Jason Alcala | Regulation
Published: 2021-10-18T04:40:14.000Z
Updated: 2021-10-18T04:40:14.000Z

While Bitcoin and other crypto have their proven use cases, the Russian President is not yet convinced that crypto could be used for settlements in international oil transactions.

[Full text](https://www.tokenpost.com/news/insights/9293.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9293.json)

## [Adoption of crypto such as Bitcoin as legal tender carries ‘significant risks,’ says IMF](https://www.tokenpost.com/news/regulation/9289)

By Mark Jason Alcala | Regulation
Published: 2021-10-14T10:49:56.000Z
Updated: 2021-10-14T10:49:56.000Z

The IMF said that “cryptoization,” or the use adoption of cryptocurrency as a national currency, might not be the best route for countries wanting to boost their economies.

[Full text](https://www.tokenpost.com/news/regulation/9289.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9289.json)

## [Russia won’t likely restrict citizens from trading in Bitcoin and other cryptos](https://www.tokenpost.com/news/regulation/9286)

By Mark Jason Alcala | Regulation
Published: 2021-10-13T09:26:01.000Z
Updated: 2021-10-13T09:26:01.000Z

While Russia bans crypto payments, the country won’t follow the footsteps of China and won’t issue a sweeping ban on crypto trading.

[Full text](https://www.tokenpost.com/news/regulation/9286.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9286.json)

## [Sri Lanka sets up committee on blockchain and crypto mining](https://www.tokenpost.com/news/regulation/9283)

By Mark Jason Alcala | Regulation
Published: 2021-10-11T16:34:27.000Z
Updated: 2021-10-11T16:34:27.000Z

The newly established committee will study the regulations and initiatives of other countries such as Dubai, Malaysia, the Philippines, the EU, and Singapore, etc., and propose a suitable framework for Sri Lanka.

[Full text](https://www.tokenpost.com/news/regulation/9283.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9283.json)

## [Russian plans to limit crypto trading for non-accredited retail investors](https://www.tokenpost.com/news/regulation/9275)

By Mark Jason Alcala | Regulation
Published: 2021-10-07T12:21:12.000Z
Updated: 2021-10-07T12:21:12.000Z

The planned restriction on crypto purchases is aimed at protecting retail investors from potential losses due to “emotional” crypto purchases.

[Full text](https://www.tokenpost.com/news/regulation/9275.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9275.json)

## [El Salvador residents enjoy a $0.20 per liter fuel subsidy if they pay in Bitcoin using Chivo crypto wallet](https://www.tokenpost.com/news/regulation/9267)

By Mark Jason Alcala | Regulation
Published: 2021-10-04T09:15:20.000Z
Updated: 2021-10-09T04:55:26.000Z

To promote the use of Bitcoin among its residents, the government has introduced a fuel subsidy for locals who use BTC to pay for their petrol.

[Full text](https://www.tokenpost.com/news/regulation/9267.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9267.json)

## [South Korea’s conflict of interest rule prohibits VASP staff from trading in their tokens](https://www.tokenpost.com/news/business/9265)

By Mark Jason Alcala | Regulation
Published: 2021-10-04T01:04:54.000Z
Updated: 2021-10-04T01:04:54.000Z

Crypto firms are required to set up their own internal processes to monitor potential breaches of the conflict of interest rule within one month.

[Full text](https://www.tokenpost.com/news/business/9265.md) | [Citation metadata](https://www.tokenpost.com/news/business/9265.json)

## [Bitcoin miner manufacturer Bitmain to suspend sales to Chinese crypto miners](https://www.tokenpost.com/news/business/9264)

By Mark Jason Alcala | Regulation
Published: 2021-09-30T09:24:26.000Z
Updated: 2021-09-30T09:24:26.000Z

Bitmain, one of the largest Bitcoin mining equipment manufacturers in the world, is reportedly planning to exit from the Chinese market.

[Full text](https://www.tokenpost.com/news/business/9264.md) | [Citation metadata](https://www.tokenpost.com/news/business/9264.json)

## [FINMA grants first Swiss crypto custody license to SEBA](https://www.tokenpost.com/news/business/9261)

By Mark Jason Alcala | Regulation
Published: 2021-09-29T10:37:49.000Z
Updated: 2021-09-29T10:37:49.000Z

SEBA Bank AG just became the first financial institution to gain the approval of a Swiss crypto custody license. The Swiss-based crypto services-focused bank announced that it secured the approval of a CISA license fr…

[Full text](https://www.tokenpost.com/news/business/9261.md) | [Citation metadata](https://www.tokenpost.com/news/business/9261.json)

## [Crypto exchange Binance to stop some of its offerings to Singapore users](https://www.tokenpost.com/news/business/9257)

By Mark Jason Alcala | Regulation
Published: 2021-09-27T13:48:54.000Z
Updated: 2021-09-30T14:03:12.000Z

Starting October 26, Singapore-based users will no longer be able to access fiat deposit services, liquid swap, crypto spot trading, and buy crypto through fiat channels on its website.

[Full text](https://www.tokenpost.com/news/business/9257.md) | [Citation metadata](https://www.tokenpost.com/news/business/9257.json)

## [Bitcoin slides as Chinese authorities ban crypto trading and tighten mining restrictions](https://www.tokenpost.com/news/regulation/9254)

By Mark Jason Alcala | Regulation
Published: 2021-09-26T09:41:11.000Z
Updated: 2021-09-26T09:41:11.000Z

The total value of the crypto market fell by 9 percent to a low of around $1.8 trillion on Friday at 7:15 a.m. EDT losing $188 billion within three hours after China’s recent crackdown on crypto mining and trading.

[Full text](https://www.tokenpost.com/news/regulation/9254.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9254.json)

## [Binance to cease crypto derivatives trading for existing Australian users in 90 days](https://www.tokenpost.com/news/business/9252)

By Mark Jason Alcala | Regulation
Published: 2021-09-24T08:32:16.000Z
Updated: 2021-09-24T14:27:08.000Z

Crypto exchange Binance will no longer offer futures, options, and leveraged tokens to Australian clients.

[Full text](https://www.tokenpost.com/news/business/9252.md) | [Citation metadata](https://www.tokenpost.com/news/business/9252.json)

## [Dozens of crypto exchanges in South Korea could suspend trading this week](https://www.tokenpost.com/news/regulation/9246)

By Mark Jason Alcala | Regulation
Published: 2021-09-20T09:22:09.000Z
Updated: 2021-09-20T09:22:09.000Z

To continue operating in the country, crypto exchanges must secure approval and be registered with the Financial Intelligence Unit (FIU), which operates under the Financial Services Commission (FSC).

[Full text](https://www.tokenpost.com/news/regulation/9246.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9246.json)

## [South Korea’s crypto tax code will be implemented next year, says finance minister](https://www.tokenpost.com/news/regulation/9245)

By Mark Jason Alcala | Regulation
Published: 2021-09-20T08:03:59.000Z
Updated: 2021-09-20T08:03:59.000Z

Minister Hong Nam-ki expressed his opposition to the proposed postponement and wants the crypto tax code to take into effect as originally planned.

[Full text](https://www.tokenpost.com/news/regulation/9245.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9245.json)

## [Foreign Bitcoin investors would be exempt from taxes on BTC profits in El Salvador](https://www.tokenpost.com/news/investing/9243)

By Mark Jason Alcala | Regulation
Published: 2021-09-14T13:01:43.000Z
Updated: 2021-09-14T13:01:43.000Z

El Salvador will reportedly exempt foreign investors from paying any income tax as well as capital gains tax on Bitcoin earnings to encourage foreign investments.

[Full text](https://www.tokenpost.com/news/investing/9243.md) | [Citation metadata](https://www.tokenpost.com/news/investing/9243.json)

## [Crypto bill legalizing Bitcoin gets approval from Ukraine Parliament](https://www.tokenpost.com/news/regulation/9240)

By Mark Jason Alcala | Regulation
Published: 2021-09-13T01:44:28.000Z
Updated: 2021-09-13T01:44:28.000Z

The crypto bill, which was first set into motion in 2020, is now being forwarded to President Volodymyr Zelenskyy for signing.

[Full text](https://www.tokenpost.com/news/regulation/9240.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9240.json)

## [India should accept crypto as an asset class, says former RBI exec](https://www.tokenpost.com/news/regulation/9239)

By Mark Jason Alcala | Regulation
Published: 2021-09-09T11:28:00.000Z
Updated: 2021-09-09T11:28:00.000Z

Former RBI Deputy Governor Rama Subramaniam Gandhi acknowledged that crypto is anonymous and independent in nature by design but opined that every society can make its own rules as far as taxation and traceability are…

[Full text](https://www.tokenpost.com/news/regulation/9239.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9239.json)

## [Crypto promoter pleads guilty to fraud charges for his role in a $2B Ponzi scheme](https://www.tokenpost.com/news/regulation/9236)

By Mark Jason Alcala | Regulation
Published: 2021-09-03T11:18:41.000Z
Updated: 2021-09-03T11:18:41.000Z

The BitConnect scheme, described as a “textbook Ponzi scheme,” defrauded over $2 billion from investors globally.

[Full text](https://www.tokenpost.com/news/regulation/9236.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9236.json)

## [Businesses won’t be forced to accept Bitcoin if they don’t want to, says El Salvador President](https://www.tokenpost.com/news/regulation/9228)

By Mark Jason Alcala | Regulation
Published: 2021-08-24T11:24:31.000Z
Updated: 2021-08-24T11:24:31.000Z

El Salvador President Nayib Bukele confirmed in a Twitter post that accepting Bitcoin is not mandatory.

[Full text](https://www.tokenpost.com/news/regulation/9228.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9228.json)

## [UnionBank to pilot crypto custody service, enters into partnership with Hex Trust](https://www.tokenpost.com/news/regulation/9218)

By Mark Jason Alcala | Regulation
Published: 2021-08-19T06:31:30.000Z
Updated: 2021-08-19T06:31:30.000Z

The bank’s new crypto custody service is aimed at the growing institutional and retail interest for digital assets in the country.

[Full text](https://www.tokenpost.com/news/regulation/9218.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9218.json)

## [UK police recover $22M in crypto including $9.5M of Ethereum from online scammers](https://www.tokenpost.com/news/regulation/9217)

By Mark Jason Alcala | Regulation
Published: 2021-08-18T12:38:49.000Z
Updated: 2021-08-18T12:38:49.000Z

Authorities arrested two persons allegedly involved in the scam, which led to the discovery of the storage device containing Ether.

[Full text](https://www.tokenpost.com/news/regulation/9217.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9217.json)

## [Spain’s CNMV warns crypto exchanges Huobi, Bybit, and 10 other entities not authorized to provide investment services](https://www.tokenpost.com/news/regulation/9216)

By Mark Jason Alcala | Regulation
Published: 2021-08-18T06:09:09.000Z
Updated: 2021-08-18T06:09:09.000Z

Ghe National Securities Market Commission (CNMV) issued a warning to the public on 12 entities including crypto exchanges Huobi and Bybit, saying that the entities are not registered with the regulator.

[Full text](https://www.tokenpost.com/news/regulation/9216.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9216.json)

## [Grayscale believes it’s only a matter of time before the SEC approves a Bitcoin ETF](https://www.tokenpost.com/news/regulation/9204)

By Mark Jason Alcala | Regulation
Published: 2021-08-11T10:39:15.000Z
Updated: 2021-08-11T10:39:15.000Z

Grayscale Investments views the statement made by SEC Chairman Gary Gensler as a positive development.

[Full text](https://www.tokenpost.com/news/regulation/9204.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9204.json)

## [CFTC commissioner says crypto is a commodity and should not be regulated by the SEC](https://www.tokenpost.com/news/regulation/9194)

By Mark Jason Alcala | Regulation
Published: 2021-08-06T08:45:24.000Z
Updated: 2021-08-06T08:45:24.000Z

CFTC commissioner Brian Quintenz declared that cryptocurrencies are commodities and should fall under CFTC’s jurisdiction just as securities should be regulated by the SEC.

[Full text](https://www.tokenpost.com/news/regulation/9194.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9194.json)

## [Uruguay senator wants crypto payments legalized in the country](https://www.tokenpost.com/news/regulation/9192)

By Mark Jason Alcala | Regulation
Published: 2021-08-05T12:37:46.000Z
Updated: 2021-08-05T12:37:46.000Z

Unlike El Salvador’s case, the bill is not proposing the use of any crypto such as Bitcoin as legal tender.

[Full text](https://www.tokenpost.com/news/regulation/9192.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9192.json)

## [Crypto for mortgage payments proposed in Spain](https://www.tokenpost.com/news/regulation/9190)

By Mark Jason Alcala | Regulation
Published: 2021-08-04T15:49:30.000Z
Updated: 2021-08-04T15:49:30.000Z

The proposed bill will allow homeowners to use crypto for paying their mortgages while allowing the real estate sector to use their own crypto to invest in mortgage pools.

[Full text](https://www.tokenpost.com/news/regulation/9190.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9190.json)

## [11 crypto exchanges in South Korea might not get regulatory approval](https://www.tokenpost.com/news/regulation/9184)

By Mark Jason Alcala | Regulation
Published: 2021-08-03T06:02:31.000Z
Updated: 2021-08-03T06:02:31.000Z

Industry sources claim that it will be impossible for these crypto exchanges to get the FSC’s approval for the continued operations of their businesses in the country.

[Full text](https://www.tokenpost.com/news/regulation/9184.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9184.json)

## [Crypto just another payment method, says FinCEN’s Michele Korver](https://www.tokenpost.com/news/regulation/9181)

By Mark Jason Alcala | Regulation
Published: 2021-08-02T04:37:01.000Z
Updated: 2021-08-02T04:37:01.000Z

While critics have argued about crypto’s potential use in criminal activities, Michele Korver ultimately views digital currencies as just another means of payment.

[Full text](https://www.tokenpost.com/news/regulation/9181.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9181.json)

## [Israel’s crypto community opposes proposed bill requiring holders with $61K or more in digital currencies to file a report](https://www.tokenpost.com/news/regulation/9175)

By Mark Jason Alcala | Regulation
Published: 2021-07-29T12:16:22.000Z
Updated: 2021-07-29T12:16:22.000Z

The Israeli Bitcoin Association (IBA) pointed out that other assets are not subject to such reporting requirements.

[Full text](https://www.tokenpost.com/news/regulation/9175.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9175.json)

## [41% of Russians do not want to receive their salaries in the digital ruble, says survey](https://www.tokenpost.com/news/technology/9168)

By Mark Jason Alcala | Regulation
Published: 2021-07-28T14:23:06.000Z
Updated: 2021-07-28T14:23:06.000Z

The survey revealed that 11 percent said that they were ready to receive digital ruble for the salaries.

[Full text](https://www.tokenpost.com/news/technology/9168.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9168.json)

## [Kazakhstan to officially recognize crypto trading by allowing investors to open bank accounts for crypto transactions](https://www.tokenpost.com/news/regulation/9163)

By Mark Jason Alcala | Regulation
Published: 2021-07-27T16:03:49.000Z
Updated: 2021-07-27T16:03:49.000Z

Kazakhstan contributes between six to eight percent of the world’s mining volume, becoming the third-largest source of newly-minted digital currencies such as Bitcoin in the world.

[Full text](https://www.tokenpost.com/news/regulation/9163.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9163.json)

## [SEC receives DeFi-focused ETF application from Goldman Sachs](https://www.tokenpost.com/news/business/9162)

By Mark Jason Alcala | Regulation
Published: 2021-07-27T13:00:05.000Z
Updated: 2021-07-27T13:00:05.000Z

Goldman Sachs’s DeFi exchange-traded fund will target public companies and offer them exposure in decentralized finance (DeFi) and blockchain.

[Full text](https://www.tokenpost.com/news/business/9162.md) | [Citation metadata](https://www.tokenpost.com/news/business/9162.json)

## [South Korea wants access to tax evaders’ personal crypto wallets by revising its tax codes](https://www.tokenpost.com/news/regulation/9157)

By Mark Jason Alcala | Regulation
Published: 2021-07-26T14:23:37.000Z
Updated: 2021-07-26T14:23:37.000Z

With the revisions, authorities will be able to access even those cryptocurrencies directly stored in their digital wallets starting next year.

[Full text](https://www.tokenpost.com/news/regulation/9157.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9157.json)

## [The number of countries exploring CBDC rose by 131% since last year to 81](https://www.tokenpost.com/news/insights/9152)

By Mark Jason Alcala | Regulation
Published: 2021-07-26T03:46:58.000Z
Updated: 2021-07-26T03:46:58.000Z

Only 35 countries were considering a CBDC last year, according to a report released by the Atlantic Council in May 2020.

[Full text](https://www.tokenpost.com/news/insights/9152.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9152.json)

## [Brazilian authorities seize $33M in crypto money laundering case involving Bitcoin](https://www.tokenpost.com/news/regulation/9151)

By Mark Jason Alcala | Regulation
Published: 2021-07-25T15:45:31.000Z
Updated: 2021-07-25T15:45:31.000Z

The police said that the crypto exchanges sold Bitcoin to fictitious and disreputable companies and facilitated their creators access to the country’s banking system.

[Full text](https://www.tokenpost.com/news/regulation/9151.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9151.json)

## [Nigeria’s central bank digital currency pilot set for October 1](https://www.tokenpost.com/news/regulation/9148)

By Mark Jason Alcala | Regulation
Published: 2021-07-23T13:30:11.000Z
Updated: 2021-07-23T13:30:11.000Z

The monetary authority made its announcement on Thursday during a webinar where it presented its digital currency initiative.

[Full text](https://www.tokenpost.com/news/regulation/9148.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9148.json)

## [Beijing responds to U.S. senators’ concerns over digital yuan’s usage by American athletes](https://www.tokenpost.com/news/regulation/9147)

By Mark Jason Alcala | Regulation
Published: 2021-07-23T08:41:53.000Z
Updated: 2021-07-23T08:41:53.000Z

Beijing wants the U.S. senators who raised concerns over digital yuan’s use by U.S. athletes in next year’s Winter Olympics to “stop making trouble.”

[Full text](https://www.tokenpost.com/news/regulation/9147.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9147.json)

## [China’s leading insurer issues first digital yuan insurance policies in the city of Shenzhen](https://www.tokenpost.com/news/technology/9142)

By Mark Jason Alcala | Regulation
Published: 2021-07-22T08:37:22.000Z
Updated: 2021-07-22T08:37:22.000Z

The new insurance policy is tailored for medical workers in the Nanshan district of Shenzhen and offers compensation for COVID19 diagnosis or death caused by the coronavirus.

[Full text](https://www.tokenpost.com/news/technology/9142.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9142.json)

## [U.S. athletes must not use China’s CBDC during the Winter Olympics, according to 3 lawmakers](https://www.tokenpost.com/news/regulation/9135)

By Mark Jason Alcala | Regulation
Published: 2021-07-21T08:14:56.000Z
Updated: 2021-07-21T08:14:56.000Z

The lawmakers sent a letter urging Olympic officials to prohibit athletes from using the CBDC during the Beijing Winter Olympics next year due to potential privacy issues.

[Full text](https://www.tokenpost.com/news/regulation/9135.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9135.json)

## [Crypto exchange WazirX receives notice from Indian regulator for potential FEMA violations](https://www.tokenpost.com/news/regulation/9131)

By Mark Jason Alcala | Regulation
Published: 2021-07-20T09:27:41.000Z
Updated: 2021-07-20T09:27:41.000Z

The ED is demanding that the Mumbai-based crypto exchange explain transactions worth 2,790.74 crores (around $372 million).

[Full text](https://www.tokenpost.com/news/regulation/9131.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9131.json)

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