licenses

Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry

March 12, 2022 Bitcoin.com

ACT

Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML policies. Government of Estonia Creates Stricter Regulatory Environment for […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela

January 27, 2022 Bitcoin.com

bitcoin.com

Sunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with current regulations. The announcement was made by Joselit Ramirez, superintendent of Sunacrip, who also mentioned the exchanges that are approved by the institution, leaving some big names like Binance off of the list. Sunacrip Tightens Compliance Requirements […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

January 4, 2022 Bitcoin.com

bill

The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

December 26, 2021 Bitcoin.com

application

Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto Trading Platforms and Token Issuers File for Licenses in Serbia Authorities in Serbia […]

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Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

November 26, 2021 Bitcoin.com

Bitcoin

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade digital currencies […]

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Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

November 2, 2021 Bitcoin.com

bitcoin.com

Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]

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Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

October 16, 2021 Bitcoin.com

AML

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, […]

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Singapore to License Digital Payment Providers, Approves Crypto Exchange

August 8, 2021 Bitcoin.com

Authority

The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto hub, industry observers say. Digital Payment Service Providers to Be Authorized […]

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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange

July 3, 2021 Bitcoin.com

Assembly

Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market. Draft Law Prohibits Crypto Payments in Islamic Republic Members of the Islamic Consultative […]

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Bitcoin Bull Market May Drive Russian Miners Underground

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

June 27, 2021 Bitcoin.com

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Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, […]

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Bitcoin Bull Market May Drive Russian Miners Underground