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Reporting on regulatory frameworks, enforcement actions, adoption trends, and risks associated with decentralised digital currencies like Bitcoin and Ethereum.
Cryptocurrency
Thailand to Legalise Cryptocurrency by Royal Decree
By Manesh Samtani | 14/03/2018
Cryptocurrencies will be classified as assets and regulated by SEC; capital gains from trading to be taxed at 10 percent.
Cryptocurrency
Japan FSA Orders Business Improvement, Closures at Crypto Exchanges
By Manesh Samtani | 10/03/2018
Five exchanges including recently-hacked Coincheck ordered to improve internal controls; two exchanges ordered to halt services.
Cryptocurrency
China Advisor Urges Creation of National Cryptocurrency Exchange
By Manesh Samtani | 07/03/2018
Top political advisor says national exchange and cryptocurrency approval system should be jointly overseen by central bank and securities regulator.
Cryptocurrency
Thailand Edges Closer to Cryptocurrency Regulation
By Manesh Samtani | 05/03/2018
Securities regulator to propose regulations for initial coin offerings and other forms of cryptocurrency investment.
Cryptocurrency
China Targets Cryptocurrency Facilitators
By Manesh Samtani | 02/03/2018
Regulators are targeting firms that allow Chinese citizens to trade cryptocurrencies with local bank and online-payment accounts.
Cryptocurrency
S.Korea to ‘Encourage’ Banks to Deal with Crypto Exchanges
By Manesh Samtani | 22/02/2018
FSS governor says government will support ‘normalised trading’ of cryptocurrencies, requiring interaction of banks and crypto exchanges.
Cryptocurrency
Japan FSA to Empower Self Regulatory Body for Cryptocurrency
By Manesh Samtani | 19/02/2018
Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.
Cryptocurrency
S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency
By Manesh Samtani | 14/02/2018
The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.
Cryptocurrency
Thailand Banks Banned from Cryptocurrency Activities
By Manesh Samtani | 14/02/2018
Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.
Cryptocurrency
Australia Won’t Follow US, UK Credit Card Bans for Crypto
By Manesh Samtani | 09/02/2018
ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.
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