The CEO of Independent Reserve says Hong Kong’s “friendly” licensing regime makes it a worthy destination to set up shop, but there are other factors to consider.
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Hong Kong outlines upcoming crypto licensing regime
Hong Kong’s Securities and Futures Commission is calling for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors.
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UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region. UAE Prepares to Regulate Crypto Sector Nationwide The United […]Powered by WPeMatico
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter […]Powered by WPeMatico
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, […]Powered by WPeMatico
Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan
The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins. The document also calls for regulating crypto mining and smart contracts. Also read: No License […]
The post Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan appeared first on Bitcoin News.
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No License Needed to Mine Cryptocurrencies in Ukraine
Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of […]
The post No License Needed to Mine Cryptocurrencies in Ukraine appeared first on Bitcoin News.
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