Regulation News
Ukraine Bans Citizens From Buying More Than $3,400 Crypto Per Month
Shortly after Russia’s invasion of Ukraine, crypto donations poured in from around the globe to help fund the war effort, eclipsing US...
Bahamas to Allow Citizens to Pay Taxes with Digital Assets
Citizens of the Bahamas will be able to pay their taxes using cryptocurrency, as per this week’s release of a white paper from the Bah...
Australian Regulator Lays Out Crypto Industry Regulatory Roadmap
The Australian Prudential Regulation Authority (APRA) this week revealed its preliminary risk management expectations for regulated entities...
AUSTRAC Releases Guide to Detect and Prevent Illicit Crypto Activity
The Australian Transaction Reports and Analysis Centre (AUSTRAC) published two guides this week with hopes of helping Aussies detect and pre...
Australian Blockchain Start-Up ‘Lygon’ Secures $12.75 Million from Major Banks
‘Lygon‘, a blockchain start-up created as a joint venture between three of Australia’s ‘Big Four’ banks, IBM, ...
Brazil Inches Closer to Passing Historic Bitcoin Bill
Brazil has edged one step further to regulating Bitcoin and cryptocurrencies. The South American country will be overseen by a more complete...
Australian Crypto ETF Stalled by High Collateral Requirements
The creation of Australian-based spot Bitcoin ETFs is being hampered by what some fund managers regard as excessively high collateral requir...
Australia and Singapore Create New FinTech Bridge to Grow Digital Finance
The Monetary Authority of Singapore (MAS) and the Australian Treasury have come together to sign the Australia-Singapore FinTech Bridge Agre...
Crypto Lender Celsius Halts Interest Accounts for Retail Investors Amid Regulations
Effective April 15, non-accredited US retail investors will no longer be paid rewards on any new deposits into Celsius interest accounts. Th...
Nasdaq Reveals 72% of Financial Advisers Will Use Crypto After Spot ETF Approval
A survey of financial advisers commissioned by Nasdaq has found that 72 percent would be more likely to invest client assets in crypto if a ...
Australian Opposition Party Called Out for Lack of Clear Crypto Policy
With the starter’s gun for the 2022 Australian federal election having been fired on the weekend, the Labor Opposition party is alread...
Aussie Regulator Asks Banks to ‘Proceed with Care’ Over Crypto
The Australian Prudential Regulation Authority (APRA) is in the final stages of drafting a letter to Australia’s financial institutions th...