The Reserve Bank of India (RBI) has completely withdrawn the banking facilities to the cryptocurrency exchanges. As a result, most of the cryptocurrency exchanges are not able to operate in the country. Recently, the reserve bank of India told the Supreme Court that they are regulating the cryptocurrency markets to...
The cryptocurrency exchanges in India are ready to abide by strict regulations. In a recent statement, released by the cryptocurrency exchanges, they clearly stated that they were ready for greater scrutiny by RBI. According to a statement by RBI on April 5, 2018, it has directed all the banks to...
The Japanese Financial Services Agency (FSA) has 5 new rules for all crypto exchanges. All new and existing exchanges must follow these rules. According to Nikkei, The FSA aims to protect the assets of the customers. Also to promote compliance for crypto exchanges. This is all due to the recent...
Financial Services Regulatory Authority (FSRA) in Abu Dhabi published a document today. A bill to regulate the trade in cryptocurrencies. This has been already been announced in mid of February. This announcement of the FSRA is released through the Abu Dhabi Global Market (ADGM). This ensures that this legal framework...
Most of the countries are focusing on stricter regulations in the cryptocurrency area. As we have seen several recent news related to cryptocurrency regulation. Recently The European Parliament declared to enforce stricter regulations on cryptocurrency sector. They also said that Cryptocurrency exchanges and wallets must include customer identity verification. As...
