All posts tagged "crypto"
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103AML / KYCKorea Extends AML Compliance Deadline for Crypto Sector
The extension is primarily being allowed to ensure regulators can process applications received before the 24 September deadline.
June 21, 2021 -
91ChinaChina’s Weibo Blocks Selected Crypto Influencer Accounts
The move follows joint action by three state-backed associations to bar their members from providing crypto-related services to customers.
June 9, 2021 -
154Capital RegulationBCBS to Consult on Capital Rules for Banks’ Crypto Exposures
The proposed consultation builds on an earlier paper which outlined an approach that would subject direct crypto exposures to full deductions from CET1 capital.
June 9, 2021 -
120AML / KYC
FSC Korea Meets Crypto Exchanges Over Regulatory Reforms
The meeting focused on the operational difficulties faced by firms as they try to meet new regulatory requirements by a 24 September deadline.
June 7, 2021 -
98AML / KYC2018 Circular Prohibiting Crypto Dealings Not Valid, RBI Clarifies
The RBI has clarified that its 2018 circular prohibiting cryptocurrency dealings is no longer valid, and should not be cited or quoted from.
June 2, 2021 -
134ChinaInner Mongolia Government Threatens Punishment for Crypto Mining
A new notice warns telecoms, big data centres and cloud computing companies of severe punishment if they engage in or facilitate crypto mining activities.
May 28, 2021 -
130AML / KYCKorean Crypto Exchanges Face “Existential Crisis” – Report
Crypto exchanges have until 24 September to partner with banks on real-name accounts as a requirement for a business licence from the FSC.
May 28, 2021 -
139Big PictureInfrastructure Critical for Successful CBDC Development – Report
A new report analyses the four axes of consideration for the design features of all CBDCs, as proposed by the IMF, and the implications each choice has on infrastructure.
May 22, 2021 -
274Fintech / RegtechRBI Asks Banks to Cut Ties With Cryptocurrency Exchanges
The unofficial guidance comes as Indian lawmakers look to introduce a ban on cryptocurrencies and penalise anyone dealing in them.
May 17, 2021 -
68EnforcementKorea: Police Raid Crypto Exchange, Freeze $214m in Assets
Crypto exchange V Global is alleged to have engaged in an illegal multi-level marketing scheme to lure investors.
May 9, 2021
