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VASPs
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
The finding, termed a "call to action" by T. Raja Kumar, emerged from a report that explored which jurisdictions have adhered to the FATF's recommendations.
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.
First Mover Asia: Bitcoin Opens the Week Testing $25K
ALSO: Hong Kong unveils its crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.
Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
Hong Kong's Securities and Futures Commission (SFC) wants to expand its team to deal with licensing applications for the incoming VASP regime.
Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
After crypto firms have left the city, the regulator says it’s now moving with the market and industry.
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
The Financial Action Task Force responded to a report that it is preparing to conduct annual compliance checks, saying it has not changed the way it monitors crypto assets or the process for adding countries to its "gray list."
Hong Kong Government Reconsiders Stance on Virtual Asset ETFs, Tokenized Securities, Retail Investors
The government says it's ready to engage with virtual asset service providers and invite them to the city.
Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
The firm will now be able to work with local bank and financial institutions.
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
The Bangko Sentral said it will conduct a reassessment based on market developments.
OKX Secures License in Dubai and Plans to Open Regional Hub
The exchange has followed in the footsteps of FTX and Kraken in securing a license in the UAE.
