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Category crypto firms

Hong Kong Warns Crypto Firms Against Misusing ‘Bank’ Label

Hong Kong Warns Crypto Firms Against Misusing ‘Bank’ Label

The Hong Kong Monetary Authority has warned crypto firms against misusing the term "bank" in their marketing, emphasizing that only licensed instit...
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital ass...
Hawaii Exempts Crypto Firms From Money Transmitter License

Hawaii Exempts Crypto Firms From Money Transmitter License

Hawaii eliminated the need for money transmitter (MT) licences on June 28, but federal regulation still applies to Hawaiian cryptocurrency companie...
Ripple President Says SEC on ‘Warpath’ With Crypto Industry

Ripple President Says SEC on ‘Warpath’ With Crypto Industry

The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizi...
New York Tightens Customer Service Regulations for Crypto Companies

New York Tightens Customer Service Regulations for Crypto Companies

The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement cust...