Digital Assets

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.

Cryptocurrency

Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS

By Manesh Samtani | 07/02/2018

The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.

Cryptocurrency

China Blocks Domestic Investors from Accessing Cryptocurrency Overseas

By Manesh Samtani | 06/02/2018

Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.

Cryptocurrency

Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide

By Manesh Samtani | 05/02/2018

All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.

Data Privacy

How GDPR Could Deflate the Blockchain Hype

By Bradley Maclean | 05/02/2018

Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.