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Tag: virtual asset service providers

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Recto: Dept. of Finance, SEC to Coordinate to Draft Crypto Guidelines | BitPinas

DOF Secretary Ralph Recto revealed a collaboration with the SEC to formulate thorough guidelines for overseeing cryptocurrency registration and trading. Recto emphasized the importance of...

CryptoPH Weekly News Roundup Mar. 25 – 31, 2024 | BitPinas

We start the roundup with an announcement about our upcoming event – #CryptoPH Conversations. Silliman University Dean Florin Hilbay, distinguished lawyer and the most prominent...

Hong Kong Crypto Exchange HKVAEX Announces Phased Shutdown

HKVAEX, a Hong Kong-based cryptocurrency exchange, has initiated a phased suspension of their services, leading to a complete shutdown by May 1, 2024. HKVAEX,...

[FEATURE] ‘Legalization Of The Cryptocurrency Industry In Korea Falls Behind’ – CryptoInfoNet

Yulchon’s Head of IP & Technology Practice Group Son Do-il, center, speaks during an interview with The Korea Times at the law firm’s headquarters...

Sumsub and Binance to Streamline Travel Rule Compliance in Crypto Transactions – Fintech Singapore

Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solution through the Global Travel...

European Nations Enact Cryptocurrency Regulations In Competition With MiCA – CryptoInfoNet

Member states of the European Union are implementing new laws to facilitate the regulation of cryptocurrencies within the bloc. Lithuania is looking to strengthen...

Uzbekistan taps Tether to boost crypto, blockchain development and regulation

Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop...

Advancing Cryptocurrency Regulation in Nigeria: A Critical Necessity

Adedeji Owonibi advocates for Nigerian cryptocurrency regulation to combat financial crimes and ensure the industry's security and scalability, addressing the complexities of tracking illicit...

WeMade Dismisses Coin Over-Issuance Fraud Claims Amid Investigation

South Korean game developer WeMade counters fraud allegations by the Seoul Southern District Prosecutors, asserting compliance exemptions for its digital asset systems and Phoenix...

Small But Growing Fraction Of Total Flows: US Treasury Report Identifies Crypto Use In Illicit Financial Activity – CryptoInfoNet

The U.S. Treasury Department announced on Feb. 8 that its latest risk assessments indicate that virtual assets currently make up only a small part...

Fact Check: Did a PH Senator Announce Binance Ban Date? | BitPinas

Editing and additional reporting by Michael Mislos. Viral TikTok videos featuring Senator Francis Tolentino announcing a regulatory body’s plans to ban the global cryptocurrency...

Global Regulatory Outlook for Cryptocurrencies 2024 | BitPinas

Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...

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