Hong Kong’s ZA Bank becomes first virtual bank to get SFC license crypto.news 30 September 2024 13:56, UTC ZA Bank becomes the first Hong Kong digital-only bank to gain a license from the Securities and Futures Commission for Type 1 regulated activity. According to Hong Kong news outlet HKEJ, on Sept. 30 a ZA…
Japan’s FSA to reclassify crypto in upcoming rule review: report crypto.news + 1 more 30 September 2024 10:52, UTC Japan’s Financial Services Agency is set to review its crypto regulations, potentially leading to lower taxes and allowing domestic funds to invest in tokens. Japan is preparing to review its cryptocurrency regulations, which could result…
SEC News: Gensler Refuses to Comment on Trump’s Bitcoin Reserve, Affirms Bitcoin Isn’t a Security crypto-news-flash.com 29 September 2024 23:42, UTC SEC chair Gary Gensler has reiterated that Bitcoin isn’t a security, reminding investors that they can now buy into the crypto through exchange-traded products. Gensler refused to comment on Donald Trump’s plan for…
South Korea to Tackle Crypto Insider Trading with Legal Amendment coinedition.com 30 September 2024 07:05, UTC Democratic Party lawmaker Kim Young-hwan introduced an amendment to South Korea’s Improper Solicitation and Graft Act to combat crypto insider trading and bribery. The amendment would expand the definition of “improper solicitation” to include virtual assets and insider…
Moscow probes Cryptex, UAPS just days after US sanctions crypto.news 02 October 2024 18:02, UTC Russia has launched a criminal case against the founders of the anonymous payment system UAPS and Cryptex just days after OFAC imposed sanctions. Russian authorities have opened a criminal probe into the founders of the anonymous payment system UAPS…
Mehmet Şimşek Gave the Good News! "No Tax on Cryptocurrencies!" en.bitcoinsistemi.com 02 October 2024 10:01, UTC While the issue of taxation of cryptocurrencies is being closely followed by Turkish investors, Treasury and Finance Minister Mehmet Şimşek stated that stock market and cryptocurrency taxes are off the agenda. Speaking to the Economy newspaper, Mehmet Şimşek…
Starling Bank banned crypto but left financial system ‘open to criminals’ protos.com 02 October 2024 12:38, UTC Starling, the online bank that previously banned all crypto-related transactions, has been fined £29 million ($38.5 million) by the UK’s Financial Conduct Authority (FCA) for its “shockingly lax” sanction controls. Starling banned crypto transactions in 2022, describing…
