securities commission – DIGIT INFO

Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange

DIGIT — Sun, 07 Jul 2024 11:30:24 +0000

The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed. Latoken Users Trading Derivatives, Not Crypto Assets On July 3, the British Columbia Securities […]

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SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

DIGIT — Mon, 26 Dec 2022 05:30:47 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of […]

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Binance Obtains Registration as Crypto Service Provider in Cyprus

DIGIT — Sat, 22 Oct 2022 08:00:50 +0000

Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance to Comply With Cyprus Crypto Regulations Binance, the world’s leading crypto exchange in […]

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Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules

DIGIT — Tue, 20 Sep 2022 21:30:41 +0000

Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law […]

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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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Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’

DIGIT — Fri, 30 Jul 2021 17:00:31 +0000

The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through its platforms and to withdraw all their investments immediately.” Malaysia Issues Public Reprimand Against […]

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Manitoba Regulator and Police Warn of Increase in Bitcoin Scams

DIGIT — Thu, 26 Mar 2020 05:38:00 +0000

Manitoba’s securities regulator has issued a warning against crypto scams after an increasing number of locals have been victimized by virtual currency fraud

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Malaysia Announces Digital Asset Guidelines

DIGIT — Sun, 19 Jan 2020 14:35:06 +0000

The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. The guidelines also detail the obligations of approved platforms as well as the requirements token issuers must meet. Also […]

The post Malaysia Announces Digital Asset Guidelines appeared first on Bitcoin News.

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Malaysia Begins Approving Crypto Exchange Registrations

DIGIT — Wed, 05 Jun 2019 06:10:36 +0000

Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements. Meanwhile, 19 crypto exchanges have been told to cease operations. Also read: Indian Supreme Court Postpones Crypto […]

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Malaysia Starts Regulating Cryptocurrencies Today

DIGIT — Tue, 15 Jan 2019 05:08:24 +0000

Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]

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