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Asian authorities stepping up crypto regulatory efforts

Asian financial authorities have begun stepping up on regulatory efforts aimed at effectively overseeing the crypto industry in their respective jurisdictions. Notably, Hong Kong and Taiwan have championed these efforts, as they look to bring crypto under greater scrutiny. Hong Kong to regulate stablecoins, set up licensing regime Hong Kong is gearing up to establish […]
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Banks cut crypto ties amid regulatory scrutiny

U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. These measures could force more crypto businesses to move offshore to jurisdictions with friendlier cryptocurrency regulations. Unbanking crypto Crypto firms in the U.S. are in danger of becoming largely unbanked. This is […]
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Australia cracks down on crypto scams, boosts regulatory team

1. Australia cracks down on crypto scams, boosts regulatory team

As part of a three-stage plan to regulate cryptocurrency and ensure proper risk disclosure from crypto companies and cryptocurrency and investment scams, the Australian government is strengthening its market regulator’s digital asset team. Australia cracks down on crypto scams, boosts regulatory team The new measures are intended to protect customers dealing with cryptocurrencies, according to […]
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The global crypto regulatory outlook in 2023

The crypto winter and the FTX saga have led to fast-paced crypto regulation efforts in 2023. Globally, regulators are under pressure from governmental bodies and crypto investors to create clear guidelines overseeing digital asset trades. To protect consumers, several countries and regions have announced plans for new regulatory laws that will take place this year […]
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Binance receives regulatory approval from Swedish FSA 

After months of constructive engagements with Swedish financial authorities (FSA), Binance Nordics AB on Jan.11 announced that it had been granted registration, as a virtual currency trading and financial management platform.  The latest registration status of the world’s largest crypto exchange now gives Swedish residents access to a wide range of crypto trading and web3 […]
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