Tassat will be able to launch Bitcoin swaps after all, says CFTC
The fintech firm was supposed to reinstate its CFTC registration after 12 months of no trading but will not have to face an enforcement action. Go to Source Powered by WPeMatico
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Forex Strapped Nigeria Designates Crypto Assets as Securities
The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s investment and securities laws of 2007. In a statement released Sept. 14, the SEC … Read more
Where does the next Japanese prime minister stand on crypto?
Yoshihide Suga is set to replace retiring PM Shinzo Abe. Go to Source Powered by WPeMatico
State-by-state licensing for crypto and payments firms in the US just got much easier
New money transmitter licensing promises to roll 40 states into a single exam and license. Go to Source Powered by WPeMatico
Binance sued for allegedly facilitating money laundering with ‘lax KYC’
Binance’s lax KYC requirements are creating more legal problems for the exchange. Go to Source Powered by WPeMatico
Nigeria regulators recognize digital assets in stunning new statement
‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said. Go to Source Powered by WPeMatico
How banks are integrating crypto AML software for compliance
Virtual asset service providers (VASPs) are looking for effective cryptocurrency compliance solutions as new regulations are introduced globally to combat illicit activity on the blockchain. What solutions are available to them? Go to Source Powered by WPeMatico
Iran’s crypto mines could be used to help fund car imports
It seems that the private sector is not satisfied with the country’s local fiat money. Go to Source Powered by WPeMatico
FATF hints at Binance as example of an exchange avoiding regulation
The FATF doesn’t seem to like frequent jurisdiction hoppers, notably Binance. Go to Source Powered by WPeMatico
Rapper TI Cryptocurrency Fraud: Charged and Fined $75,000 by SEC
Rapper TI and four other people, including film producer Ryan Felton, have been charged by the U.S. Securities and Exchange Commission (SEC) over fraudulent token sales. TI, or Tip as the rapper is also known, is also fined $75,000 by the securities regulator. Rapper TI and Film Producer Charged The SEC announced Friday the charges … Read more