The Securities and Exchange Board of India (SEBI) collaborated with regulatory authorities in Japan, Switzerland, and the United Kingdom to study cryptocurrencies and initial coin offerings (ICOs). In its Annual Repor…
Japan’s Financial Services Agency (FSA) has introduced a stricter screening process for companies seeking to become registered cryptocurrency exchanges, according to Japan Times. The agency ramped up its oversight of …
The Reserve Bank of India (RBI) this week released its Annual Report 2017-18 which includes a section on “Cryptocurrency: Evolving Challenges.” In April, the central bank issued circular prohibiting banks from extendi…
California state legislature has passed a bill that calls for the establishment of a working group focused on blockchain technology. The bill, AB 2658, has passed both houses of the legislature and will now be sent to…
The National Internet Finance Association of China (NIFA), a self-regulatory organization in the field of internet finance, has implemented a feature on its platform to help governmental authorities in their clampdown…
In a joint statement, Chinese regulatory authorities have issued a warning against illegal fundraising and trading activities in the name of blockchain. The warning has been issued by the Banking Regulatory Commission…
Chinese financial regulators are continuing with their crackdown on crypto businesses in the country and are now targeting foreign cryptocurrency exchanges offering trading services in China. Referring to a report fro…
South Korean blockchain experts have announced plans to launch the Blockchain Law Society to study the legal issues surrounding this emerging technology, Yonhap News reported. The study group will invite experts from …
Amid recent governmental efforts to foster blockchain ecosystem in South Korea, an extraordinary session of the country’s National Assembly has commenced which will focus on the emerging blockchain and cryptocurrency …
Leading cryptocurrency exchange platforms have joined the Virtual Commodity Association (VCA) working group. In March, Gemini proposed setting up an industry-sponsored self-regulatory organization (SRO) for the U.S. v…
The Cambodia Fintech Association (CFA) was officially launched last week with the mission of positioning Cambodia as the leading country for fintech innovation and investment in the Indochina region. The launch event …
The Financial Industry Regulatory Authority (FINRA) has issued a warning against investments in digital assets, such as initial coin offering (ICO) tokens and cryptocurrencies. In an online post dated August 16, the r…
Saudi Arabia has officially declared that trading in digital currencies such as bitcoin is illegal in the country. A standing committee comprising of Saudi Arabian regulators this stated that “the unauthorized virtual…
The HCM City Customs Department has said that domestic businesses and individuals have stopped importing bitcoin mining equipment since the beginning of July, Viet Nam News reported. Last month, reports suggested that…
The government of India is considering allowing crypto tokens for facilitating financial transactions in the country, while maintaining its ban on cryptocurrencies, DNA India reported. Sources familiar with the matter…
The South Korean island of Jeju is seeking to become a hub for the blockchain industry, according to Korea Joongang Daily. During a meeting last week, Governor Won Hee-ryong requested the central government to designa…
FinCEN, a bureau of the United States Department of the Treasury, is going to launch an exchange program focused on cryptocurrencies to help facilitate engagement with the industry. Speaking at the 2018 Chicago-Kent B…
The number of projects interested in applying for licenses to conduct initial coin offerings (ICOs) and to operate digital asset exchanges has surged after the digital asset licensing went into effect in Thailand, the…
Japan’s Financial Services Agency (FSA) is planning to impose stricter regulations on cryptocurrencies, The Japan Times said in a new report. The regulator is considering stricter rules in order to curb the use of cry…
The UK Financial Conduct Authority (FCA), together with 11 global financial regulators and related organisations, has announced the formation of the Global Financial Innovation Network (GFIN). The initiative builds on…
The U.S. Department of the Treasury released a report earlier this week which highlights the improvements needed in the regulatory landscape to better support nonbank financial institutions, embrace financial technolo…
The Dubai International Financial Centre (DIFC) Courts, in partnership with Smart Dubai, has announced its plans to create the world’s first Court of the Blockchain. The project, aimed at creating a blockchain-powered…
The Cyprus Securities and Exchange Commission (CySEC) has established an Innovation Hub in order to address and explore fintech and regtech developments. Expected to become operational in September, the Innovation Hub…
The Swiss Financial Market Supervisory Authority FINMA has announced that it has begun enforcement proceedings against blockchain startup Envion AG for possible violation of financial market law in relation to an ICO.…
The government of Iran is making efforts to launch its own cryptocurrency in a bid to bypass international financial sanctions, Bitcoin.com reported referring to Iran’s Press TV. The move resembles similar such initia…
The Indian state of Telangana is going to sign memorandum of understandings (MoUs) with blockchain players to adopt the technology in some government applications, the Press Trust of India reported. The state governme…
Google has banned cryptocurrency miners on the Play Store in its updated Play Store developer policy, according to Android Police. Earlier this year, the search engine giant banned crypto mining extensions from the Ch…
Blockchain startup Nucleus Vision is going to co-host India’s largest-ever blockchain conference with the state governments of Telangana and Goa, and the government think tank National Institution for Transforming Ind…
