Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says

Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority SaysCompanies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms. Crypto Hub Hong Kong Has No Intentions to Adopt ‘Light-Touch’ Regulations Hong […]

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Coinbase met with Australian banking regulators over local crypto regulations

Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts.

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Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into ForceA new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew periodically. President Tokayev Sings Law Regulating Crypto Assets Mining and Exchange in […]

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Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Kazakhstan Launches Consultation on Proposals to Improve Crypto TradingFinancial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, […]

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Uzbekistan Collects Over $300,000 From Crypto Sector

Uzbekistan Collects Over $300,000 From Crypto SectorWhile operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan Pays Over $10,000 a Month to the State Coffer […]

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Bank of France Governor Calls for Mandatory Licensing for Crypto Companies

Bank of France Governor Calls for Mandatory Licensing for Crypto CompaniesFrance has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration for Crypto Firms in France, Governor Galhau Says Banque de […]

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Uzbekistan Licenses 2 Crypto Exchange Service Providers

Uzbekistan Licenses 2 Crypto Exchange Service ProvidersThe regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan Uzbekistan’s National Agency […]

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