The FSC says thirteen relevant bills on digital asset investor protection are currently pending at the National Assembly.
May 26, 2022As banks and asset managers increase exposure to crypto, substantial activity is still concentrated in lightly regulated crypto exchanges.
May 19, 2022The directions require crypto exchanges, custodians and wallet providers in India to retain KYC information for five years and report cyber incidents to CERT-In.
May 3, 2022The February version of the bill proposed to only allow crypto to be used as an investment vehicle. A digital ruble will be ready next year.
April 23, 2022From 1 May, crypto businesses have to submit reports to customers within one day after a transaction is complete, allowing them to view records going back 18 months.
April 8, 2022A report will be submitted to the incoming president's transition committee requesting that banks be allowed to engage in the crypto sector.
April 7, 2022Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.
March 30, 2022Thai banks will be allowed to invest up to 3 percent of capital in digital asset businesses. Such investment must also be ring-fenced from core banking operations.
March 28, 2022Starting today, VASPs can be subject to cautions, warnings or corrective orders if violations of travel rule requirements are found.
March 25, 2022The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.
March 22, 2022