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Regulation
Taiwan Lawmaker Pitches AML Rules Update to Cover Crypto
Taiwanese congressman Jason Hsu has proposed an amendment to the nation's money laundering laws to include cryptocurrencies.

Crypto Fund Wins License From Swiss Markets Watchdog
Switzerland's financial markets regulator FINMA has issued an asset management license to a crypto investment fund.

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019
After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.

European Securities Regulator to Report on ICO Rules by 2019
ESMA intends to report on how it may regulate ICOs by the end of 2018, chair Steven Maijoor told a European Parliament committee.

United Arab Emirates to Allow ICOs as Corporate Funding Option
The U.A.E. plans to introduce regulations that would permit initial coin offerings to be used as a means of fundraising for domestic companies.

Venezuelans Forced to Use Petro Cryptocurrency to Pay for Passports
Venezuelans must now pay for passports with the country's controversial petro token, according to a report.

CFTC Meeting Hears Renewed Calls for Crypto Self-Regulation
Panelists at a CFTC meeting explained that stronger regulations or self-enforcement may help protect crypto investors.

SEC Asks for Additional Comment on Rejected Bitcoin ETFs
The SEC is asking for further comment on nine different bitcoin exchange-traded fund rule change proposals currently under review.

EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech
The EU's financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.

Another US Indictment Links Bitcoin to Covert Russian Intelligence Activity
Russian intelligence agents allegedly used cryptocurrencies to help fund an "influence and disinformation" effort, the U.S. government said Thursday.
