Tag: fsc

Dec 07 2021

New York Lawmaker Gives Reason For Holding No Crypto, Urges Colleagues To Do Same

Dec 07 2021 Published at Coingape under tags  alexandria ocasio-cortez aoc bitcoin fec fsc

Popular New York lawmaker Alexandria Ocasio-Cortez, also known as AOC, has revealed that she doesn't own or hold Bitcoin. Well known for her somewhat unique political beliefs and stances, the Democrat has shared her opinion about members of the U.S Congress owning cryptocurrencies. According to her, it is “absolutely wild” and unethical for U.S. representatives The post New York Lawmaker Gives Reason For...

Nov 15 2021

Taiwan regulators list Crypto under new category to impose stricter policies

Nov 15 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

Taiwan authorities have struck back after a long haul, changing the game for crypto businesses in the area. At the latest Cabinet meeting, Taiwan's Ministry of Economic Affairs (MOEA) announced the switch, changing the crypto businesses' category, further listing them under "finance, insurance, and real estate" as "virtual currency platforms and trading businesses", after removing The post Taiwan regulators list Crypto under new...

Nov 05 2021

South Korea Will Not Regulate NFTs — FSC

Nov 05 2021 Published at Coingape under tags  fatf fsc regulation news regulations south korea

The Financial Services Commission (FSC) in South Korea has insisted that nonfungible tokens (NFTs) are not classified as virtual assets, and hence will not be regulated. The financial regulator said this in a public statement issued earlier today. South Korea Decides 'No Regulation' For NFTs FSC's decision not to regulate NFTs follows shortly after reviewing The post South Korea Will Not Regulate NFTs...

Sep 29 2021

South Korea Crypto: Watchdog bans VASP from trading their native tokens

Sep 29 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The latest development in the South Korean crypto crackdown saw the South Korean Financial Services Commission (FSC) ban Virtual Asset Service Providers (VASP) and their employees from trading their platforms’ Native tokens. The government has introduced this ban using the conflict-of-interest rule, followed by proposing a revision to the Enforcement Decree of the Act on The post South Korea Crypto: Watchdog bans VASP...

Sep 25 2021

S.Korea Regulations: Here’s the List of Crypto Exchanges that Made the Final Cut

Sep 25 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

The final deadline for registration for crypto exchanges in South Korea came to an end on September 24. And out of 40 odds crypto exchanges left in the country, only four made the final cut. South Korea's latest AML guidelines which came into effect in January require crypto exchanges to do away with shadow banking The post S.Korea Regulations: Here's the List of...

Aug 02 2021

11 Mid-Size South Korean Crypto Exchanges Face Closure Amid Fear of Legal Action

Aug 02 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The implementation of new regulatory policies for crypto exchanges in South Korea continues to haunt small and medium-sized crypto exchanges. As per a recent report from Korea Herald, a total of eleven mid-sized crypto exchanges may shut their operations amid growing regulatory scrutiny. The local report indicated that the country's top regulatory watchdog Financial Services The post 11 Mid-Size South Korean Crypto Exchanges...

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