The new regulations that will govern the trading of digital assets in the United Kingdom will come into force on October 8. The Financial Conduct Authority (FCA) has stressed that companies that do not adhere to the rules will face penalties of up to two years in prison.
The regulatory body…
Read More...
Browsing Tag
licenses
Thailand will have virtual banks
The Bank of Thailand revealed that it plans to allow virtual bank operations by 2025, supported by companies that make a living in the world of finance.
The publication of the "Consultation document on the framework for granting licenses…
Siemens would work on reconstruction of power plants in Venezuela
The Venezuelan government, according to the Bloomberg news agency, would be in talks with the giant Siemens Energy to take charge of the recovery of power plants in the South American country.
According to what was reported in this medium,…
Central Bank of Cuba approves regulation of cryptocurrencies
Official Gazette No. 43 Ordinary, released on Tuesday, April 26, published the resolution approved by the Central Bank of Cuba, where Bitcoin (BTC) and other cryptocurrencies services and platforms are authorized on the island.
The…
Paraguay will regulate the digital assets industry
Deputy Carlos Rejala and Senator Fernando Silva Facetti presented a legislative proposal called "Law that regulates the industry and commercialization of virtual assets and crypto assets". The law will regulate all activities related to…
Huawei focuses on Latin America to launch its blockchain service
Chinese telecommunications hardware company Huawei studies the Latin American market as a scenario for the expansion of its blockchain service, according to a report recently published in Brazil.
It has been hinted that Huawei's products…
Cottonwood receives license to operate with ATMs
The government agency of the New York Department of Financial Services (NYDFS) announced that it granted the necessary licenses to Cottonwood Vending to operate with digital currencies.
The bitcoin ATM operator (BATM) will now be able to…
The Netherlands will require licenses to crypto exchanges
The Central Bank of the Netherlands will now require cryptocurrency service providers to acquire a license to continue their operations in the country.
This new resolution will be applied to prevent the assets obtained through the exchange…
Estonia has granted permits to more than 900 cryptocompanies
Estonia recently started the delivery of some 900 licenses for the cryptocurrency sector, showing a more favorable position towards this world.
The country has also been one of the first nations to request jurisdictions before the European…
Philippines delivered 19 licenses to exchanges
On Wednesday, the Cageyan Economic Zone Authority (CEZA) granted licenses to 19 companies to operate with cryptocurrencies in the Philippines.
In the recently published list, companies like Financial Technology Solutions and Offshore…
Blockchain technology reaches the online gaming segment
FunFair Technologies is a solution for the online gaming sector, aimed at casinos, players, developers and companies associated with this segment of the entertainment industry.
Its creators, Jez San Obe (CEO), Jeremy Longley (CTO) and…
Ukraine studies cryptocurrency regulation
Ukraine, located in Eastern Europe, has taken an important step towards the possible acceptance of cryptocurrencies as financial instruments in their economic system.
The recent discussion of the concept for the regulation of digital…