financial intelligence unit – DIGIT INFO

Kosovo receives guidance from Council of Europe on crypto crime tracing

DIGIT — Wed, 25 Sep 2024 07:52:22 +0000

Kosovo’s Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies.

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Binance Goes Live in India: Full Access for Indian Users

DIGIT — Sat, 17 Aug 2024 01:30:40 +0000

Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […]

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Binance Hit With $87 Million Tax Bill in India

DIGIT — Tue, 06 Aug 2024 15:16:23 +0000

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees […]

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Bitget in ‘active discussions’ to receive licensing in India

DIGIT — Wed, 03 Jul 2024 09:08:06 +0000

Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.

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Binance obtains FIU approval for India return

DIGIT — Fri, 10 May 2024 13:41:07 +0000

Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year.

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Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges

DIGIT — Sat, 20 Aug 2022 02:30:12 +0000

The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can be imposed,” the regulator said. 16 Foreign Crypto Exchanges Flagged by South Korean […]

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Korean financial watchdog to block tens of unregistered exchange websites

DIGIT — Thu, 18 Aug 2022 13:06:17 +0000

Korea’s Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.

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South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

DIGIT — Thu, 22 Jul 2021 16:49:55 +0000

Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents. Korean Financial Intelligence Unit Notifies Foreign […]

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South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently

DIGIT — Sat, 28 Jul 2018 06:45:47 +0000

South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, […]

The post South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently appeared first on Bitcoin News.

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