Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says

May 10, 2023 Bitcoin.com

bitcoin.com

Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms. Crypto Hub Hong Kong Has No Intentions to Adopt ‘Light-Touch’ Regulations Hong […]

Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet

Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

January 16, 2023 Bitcoin.com

Abu Dhabi Commercial Bank

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have […]

Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet

Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

January 13, 2022 Bitcoin.com

$POWER

A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local utility are taking on the issue of dealing with power shortages in the mountainous region of Svaneti. With Tourism Hit by Pandemic, People in Georgia […]

Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet

Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

October 21, 2021 Bitcoin.com

Australia

A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting some of its own crypto firms. Senate […]

Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet

UK Regulator Extends Temporary Registrations Regime as Crypto Firms Fail to Meet AML Rules

June 4, 2021 Bitcoin.com

AML

Many companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing number of crypto firms that are withdrawing their applications. FCA Extends Temporary Registrations Regime Till End of March 2022 The Financial Conduct Authority (FCA) announced […]

regime

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