Coinbase Gets Licensed in Singapore
The Monetary Authority of Singapore has awarded the company with a Major Payment Institution license, following an in-principle approval given last year.
SEC Postpones its Decision on Sevetal Bitcoin ETFs
The SEC has pushed back its ruling on multiple Bitcoin spot ETF proposals from ARK Invest and 21Shares to January 10, 2024.
EU Says Non-EU Countries Should Implement Stricter Crypto Regulation
According to a report by the European Parliamentary Research Service (EPRS), countries outside the Schengen area should strengthen their oversight of the cryptocurrency industry.
UK’s FCA Warns Unregistered Crypto Firms About Lack of Engagement
The UK’s Financial Conduct Authority has issued a warning to unregistered cryptocurrency firms for their lack of interaction with the regulator in preparation for the new financial promotions regime.
Coin Center Urges US Congress for Clearer Crypto Regulations
Coin Center has been lobbying Senators Wyden and Crapo, from the Senate Finance Committee, to create clearer regulations for cryptocurrencies concerning taxation.
India’s Supreme Court Criticizes Lack of Crypto Regulation
India’s Supreme Court on July 27 criticized the government for delaying the development of a regulatory framework for digital assets in the country.
Peru Introduces Mandatory Registration of Crypto Exchanges
Peru has recently signed a decree that will be part of its anti-money laundering regulations, which require companies that provide virtual currency storage and exchange services to report user transaction information to the Financial Intelligence Unit.
