Plan includes penalties for noncompliance, rooting out of foreign investors and minors, but no trading ban in the short term.
Ripple chief says technology can speed up cross-border transactions from days to second, save banks trillions in collateral held against settlement risks.
The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.
Korea carries out bank inspections, China power cut on Bitcoin miners, Japan scrutinises banks' cryptocurrency activities.
Deputy prime minister says no major AML lapses have been found at Singapore banks when asked about ‘Russian Laundromat’ probe.
Exchanges to be recognised by central bank once regulations are in place; draft guidelines on reporting obligations to come into force early 2018.
Traders can only use real names to open cyptocurrency accounts, must be authenticated by banks under state regulatory jurisdiction.
The start of bitcoin futures may increase speculation and international regulatory risks as countries rein in credit.
Government has made abrupt about turn to legitimize cryptocurrencies by bringing them under greater regulatory purview.
Australia joins Japan in recognising cryptocurrencies as a store of value, international transactions of $7,500 or more must be reported.
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