Regulations

Crypto Exchange Binance Joins Expert Center at Russian Banks Association

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Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they…

Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

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On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force…

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

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The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry…

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils

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A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the…

Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

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ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead…

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

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The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A…

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

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Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally….

Dubai to Create Crypto Zone, Binance Joins Effort

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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…

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

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Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading…

Russia’s Federation Council to Set Up Working Group on Crypto Regulations

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The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members of the country’s expanding crypto industry, will join the body. Federation…