Thailand launches regulatory sandbox to test crypto services

Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.

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Taiwan proposes tougher AML measures for crypto service providers

Taiwans Ministry of Justice proposed four amendments to the countrys AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.

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Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment

On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory policy. CCTV’s Coverage of Hong Kong’s Crypto Regulations Sparks Excitement, Says Binance CEO; Nanxin University Launches Metaverse

The post Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment appeared first on BTC Ethereum Crypto Currency Blog.

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SEC Warns Public Against Unregistered and Unlicensed Cryptocurrency Exchanges in Philippines

The SEC is reminding the public to exercise caution or stop dealing with crypto exchanges not licensed in the Philippines.

The post SEC Warns Public Against Unregistered and Unlicensed Cryptocurrency Exchanges in Philippines appeared first on BitPinas.

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DA5 is the New BSP-Licensed VASP (Crypto Exchange), Plans to Launch SurgePay Wallet

Direct Agent 5 is planning to launch SurgePay - a blockchain wallet to make remittances coursed through the firm cheaper.

The post DA5 is the New BSP-Licensed VASP (Crypto Exchange), Plans to Launch SurgePay Wallet appeared first on BitPinas.

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VASP-Licensed Bexpress Publishes Position on Digital Assets Act of 2022

Bexpress, operating as Bexpress/Bexpro is a licensed virtual assets service provider (VASP) in the Philippines.

The post VASP-Licensed Bexpress Publishes Position on Digital Assets Act of 2022 appeared first on BitPinas.

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List of Firms With Both VASP and EMI Licenses in the Philippines

With Binance intending to purchase a single firm with both EMI and VASP licenses, which companies in the Philippines have them both?

The post List of Firms With Both VASP and EMI Licenses in the Philippines appeared first on BitPinas.

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Binance PH to Acquire a Single Firm That Has Both BSP VASP and EMI Licenses

Crypto exchange giant Binance announced that it plans to have a PH firm counterpart to be able to acquire a VASP License from the Central Bank.

The post Binance PH to Acquire a Single Firm That Has Both BSP VASP and EMI Licenses appeared first on BitPinas.

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BSP Cautions the Public Against Engaging with Unregistered and Foreign Virtual Asset Service Providers (VASPs)

BSP urges the public not to deal with Virtual Asset Service Providers (VASPs) that are either unregistered or domiciled abroad.

The post BSP Cautions the Public Against Engaging with Unregistered and Foreign Virtual Asset Service Providers (VASPs) appeared first on BitPinas.

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BSP Imposes Ban on VASP License Application

The Bangko Sentral ng Pilipinas will not approve any new virtual asset service providers (VASPs) in the next three years.

The post BSP Imposes Ban on VASP License Application appeared first on BitPinas.

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[Exclusive Video] Wen Coins Token? Coins.ph CEO Wei Zhou Reveals Web3 Plans to BitPinas

Wen Coins Token? In this exclusive interview, Wei Zhou, the new CEO of Coins.ph reveals a more web3 future for the licensed crypto company.

The post [Exclusive Video] Wen Coins Token? Coins.ph CEO Wei Zhou Reveals Web3 Plans to BitPinas appeared first on BitPinas.

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UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022. (Read More)

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Estonia to Strengthen Supervision of Virtual Asset Service Providers

Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers. (Read More)

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Argentina to Regulate Cryptocurrency Exchanges With Executive Order

The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local securities watchdog. Argentina Reportedly Set to Regulate Cryptocurrency Service Providers by [...]

The post Argentina to Regulate Cryptocurrency Exchanges With Executive Order appeared first on Crypto Breaking News.

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Quick Take: BSP Outlines What Crypto Users Should Do If They Have Concerns Against Licensed VASP

BSP-licensed VASPs, the regulator said, are required to follow strict policies that protect consumers.

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Crypto Exchange Okx Gets MVP Preparatory License From Dubai Regulator

Crypto exchange platform Okx Global has been granted the minimal viable product (MVP) preparatory license by the Dubai regulator, the Virtual Assets Regulatory Authority (VARA). The latest VARA license has been granted almost a year after Okx received the “provisional virtual assets license.” Crypto Exchange to Increase Dubai Office Staff The Dubai digital assets regulator, [...]

The post Crypto Exchange Okx Gets MVP Preparatory License From Dubai Regulator appeared first on Crypto Breaking News.

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List of Seven Notable Crypto Regulations in the Philippines

Stay informed about the evolving regulatory landscape of the cryptocurrency and digital asset market in the Philippines.

The post List of Seven Notable Crypto Regulations in the Philippines appeared first on BitPinas.

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Exclusive: Financial Auditor Flags 2.5B Capital Gap, XRP and Crypto Deficits at Coins.ph

Coins.ph's 2023 audited financial statements reveal a 2.5 billion capital deficiency, a 192 million XRP reserve shortfall, and a 'going concern' warning from its auditor.

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Taiwans new AML laws put crypto firms on notice

The Taiwanese FSC has released new Anti-Money Laundering laws that will replace its current regulations and require full compliance of VASPs. 

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BSP Grants VASP Status to One Digital Bank, Removes Four Other Firms in Crypto License List

Meanwhile, Appsolutely, and more companies are removed from the BSP VASP List.

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