Regulation


Financiën

Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays

A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts.

Credit: Shutterstock/Andrew Stripes

Financiën

Iran Issues License for Nation's Biggest Bitcoin Mining Operation

A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.

Tehran, Iran

Markten

BitMEX Restricts Access to Japanese Residents, Citing Changes to Local Law

New BitMEX users in Japan will be unable to open positions after the exchange restricted some accounts in accordance with new regulations.

Arthur Hayes, former CEO of BitMEX

Beleid

Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan

While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors.

OKCoin Japan's team (OKCoin Japan)

Beleid

The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms

The announced closure of one-man bitcoin startup Bittr may be the first of many in the Netherlands as contentious new AMLD5 regulations come into effect.

The Hague. (Credit: Shutterstock)

Markten

Bittrex Exec Joins Mortgage Giant Fannie Mae After Crypto Exchange's Brush With NYDFS

Reversing the pattern of government veterans jumping to crypto startups, Bittrex US’ former chief compliance and ethics officer has moved to mortgage finance giant Fannie Mae.

John Roth (Credit: Bittrex)

Beleid

Blockchain Now Officially Part of China's Technology Strategy

An influential government authority responsible for planning China's economy has said blockchain will form an integral part of the country's data and technology infrastructure.

Shenzhen, China. (Credit: Shutterstock/fuyu liu)

Beleid

US Lawmaker Calls Libra's Revamp Insufficient

Rep. Sylvia Garcia's comments suggest libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics.

LIBRA WHO? "There are simply too many questions left unanswered regarding why Facebook is even developing a cryptocurrency," says Rep. Sylvia Garcia. (Credit: Wikimedia Commons)

Beleid

EPAM Joins Effort to Help Cryptocurrency Exchanges Comply With FATF 'Travel Rule'

EPAM Systems has joined forces with OpenVASP, pledging to use its programming expertise to help crypto businesses comply with FATF guidance.

Credit: Shutterstock/Pra Chid

Beleid

G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins

National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.

(Shutterstock)