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Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers

Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers

In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the...
May, 09, 2024
2 min read
by Cryptonews
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring ...
Apr, 26, 2024
by Bitcoin News
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) Presiden...
Mar, 28, 2024
by CoinDesk
Nigeria SEC To Hike VASP Registration Fees Under New Regime – Details

Nigeria SEC To Hike VASP Registration Fees Under New Regime – Details

Nigeria’s Securities and Exchange Commission has proposed to raise the registration fees for virtual asset service providers (VASP) seeking an oper...
Mar, 17, 2024
2 min read
by Bitcoinist
Dubai’s virtual asset regulatory authority to onboard the Financial sector

Dubai’s virtual asset regulatory authority to onboard the Financial sector

In a recent interview with the CEO of Dubai’s virtual asset regulatory authority, Mathew White, he discusses the need to bring the UAE Banking sect...
Mar, 07, 2024
3 min read
by CryptoPolitan