18 January 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

According to the report by Reuters, the financial crime unit under the US Treasury Department is taking actions to enforce anti-money laundering policies among the cryptocurrency exchanges both inland and overseas.

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15 January 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

According to Korean media reports, governmental authorities in South Korea issued a ruling to enforce introduction of identification for cryptocurrency accounts and discontinue anonymous deals with the digital assets. The report noted that the investors trading cryptocurrencies in the country should link their virtual accounts to their identities, otherwise they will be facing penalties imposed by the authorities.

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29 December 2017 | Mobile commerce | Mobile payments | News | Regulatory news

According to the report published by Financial Times, regulators in China are introducing the regulation to impose restrictions on mobile payments made with the use of scanning features, which may have adverse effect on the business of Alipay and Tencent, largest mobile payment services operators in the country.

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28 December 2017 | Blockchain techs | Cryptocurrency | News | Regulatory news

Latest reports from Reuters indicate that the central bank of Israel may consider the decision to introduce cryptocurrency trading to boost the speed of payments nationwide. Reuters cited unnamed source from the bank, saying that Israel would like to minimize its reliance on cash and improve payment experience with the final decision still to be approved by the Bank of Israel.

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8 December 2017 | Blockchain techs | Cryptocurrency | News | Regulatory news

Bank Indonesia, the central bank of the country, has adopted the new rules for the fintech startups that go live starting January 1, 2018, within the framework whereof there is a strict prohibition for them to use and operate all cryptocurrencies nationwide. The ban, however, does not affect trading of Bitcoin.

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