January 24, 2020 Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says Oksana Markarova, Ukraine’s Finance Minister, names the local authority that will be able to track the sources of origin of crypto funds. Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says.Oksana…
January 24, 2020 Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes. The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody.The…
January 24, 2020 Week Two of RBI Vs. Crypto at the Supreme Court of India The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses.On…
January 22, 2020 SEC Charges $600,000 ICO Project Opporty for Fraudulent Security Offering A comparatively small initial coin offering project is charged by the SEC for an unregistered security offering, in addition to allegations of fraudulent claims. The Securities and Exchange Commission (SEC) has charged Sergii Grybniak, the founder of the initial coin offering (ICO) project Opporty, according to a Jan.…
January 21, 2020 Deribit Releases Specifics of New KYC Policy Following Move to Panama Deribit, a crypto futures and options exchange moving from the Netherlands to Panama to avoid new E.U.…
January 21, 2020 FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020 As the FCA looks to shake things up under their new AML regime, how will the U.K.…
January 21, 2020 Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC A crypto advocacy group, the Chamber of Digital Commerce, provided its arguments on how a U.S.…
January 21, 2020 Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook's controversial stablecoin Libra.In…
January 20, 2020 Raiz to Offer Bitcoin Fund to Australian Retail Investors in 2020 Australian micro-investment startup Raiz is said to have cleared all legal hurdles for the introduction of a Bitcoin-exposed investment product for retail users. Australian micro-investment startup Raiz is set to bring Bitcoin (BTC) fund options to its users, Australian Financial Review (AFR) reports on Jan.…
January 20, 2020 Thai SEC Grants License to Asia-Pacific Crypto Exchange Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex. Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex.According…
January 20, 2020 South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies South Korea’s finance ministry is considering imposing a 20% income tax on cryptocurrency transactions. South Korea’s Ministry of Economy and Finance is considering imposing a 20% tax on income from cryptocurrency transactions.According…
January 19, 2020 Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto. Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v.…
