Coinbase Says DEXes Cannot Be Regulated as Centralized Exchanges
It is impossible to regulate decentralized exchanges (DEX) like centralized exchanges due to the lack of clear congressional authorization.
Bitstamp is Registered by the UK’s FCA
Bitstamp, one of the oldest crypto exchanges, received approval from the Financial Conduct Authority (FCA) in the UK to operate on June 13, making it the latest addition to the FCA’s crypto register.
The OECD Releases Reporting Rules for Crypto Assets
The Organization for Economic Co-operation and Development (OECD) has published a reporting system for crypto assets and amendments to the Common Tax Information Exchange Standard (CRS).
Hong Kong and UAE Will Work Together in Crypto Regulations
The Hong Kong Monetary Authority (HKMA) last week partnered with the Central Bank of the United Arab Emirates (UAE) in efforts to exchange knowledge and ensure transparency and security of digital currency transactions.
Coinbase CEO Criticizes US for Lack of Crypto Regulation
The CEO of Coinbase has published an article in which he has again criticized the US leadership, which is delaying the legalization of the cryptocurrency market.
Gemini Plans to Get Licensed in UAE
Gemini, the crypto exchange owned by the Winklevoss twins, has started the application process for obtaining a service license in the United Arab Emirates (UAE).
UAE to Implement AML Rules to Digital Assets
By the end of June, the Central Bank of the United Arab Emirates (CBUAE) will enact rules requiring licensed financial institutions to verify the identities of customers.
