providers – DIGIT INFO

Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands

DIGIT — Sun, 09 Apr 2023 04:15:04 +0000

Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added. Cryptocurrency Exchanges Have to Report to Russian Authorities, Chief Prosecutor Says Crypto service providers should […]

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Metamask Launches Ethereum Staking Services via Lido and Rocketpool

DIGIT — Fri, 13 Jan 2023 23:30:54 +0000

On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s […]

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Thailand Adopts Rules Restricting Cryptocurrency Payments From April

DIGIT — Wed, 23 Mar 2022 19:30:35 +0000

Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues Regulations Limiting Use of Digital Assets for Payments Financial regulators in Thailand […]

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Dubai to Create Crypto Zone, Binance Joins Effort

DIGIT — Thu, 23 Dec 2021 09:00:38 +0000

The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate Crypto Space Authorities in the United Arab Emirates […]

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Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

DIGIT — Mon, 08 Nov 2021 07:00:24 +0000

The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back Law Concerning Crypto Services in Kazakhstan Members of the upper house in Kazakhstan’s parliament, the […]

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Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers

DIGIT — Thu, 26 Aug 2021 15:52:53 +0000

The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last year. The process, which started in April, gives these service providers until […]

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Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges

DIGIT — Fri, 21 May 2021 15:30:26 +0000

The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court. DNB Takes a Step Back on Unlawful KYC Requirements De Nederlandsche […]

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