Month: January 2020

KyberSwap is Leaving Europe Over 5AMLD Concerns

by

Regulation can affect a lot of companies in very different ways. The recently introduced AMLD change in Europe is causing plenty of headaches for crypto service providers. It is evident that European officials want to put an end to money laundering. KyberSwap is Moving out of Europe To do so, they will introduce the fifth … Read more

New Guidelines Subject Canadian Crypto Exchanges to Securities Laws

by

Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also … Read more

FATF Holds Global Forum to Discuss Crypto Supervision

by

The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing that cryptocurrencies are global products. Also read: Regulation Roundup: EU-Wide Crypto Regulations, New Rules in … Read more