6 Insurers Initiate New Cryptocurrency Investment Positions: Report
Insurance firms have increased their interest in crypto investments in recent months.
Regulator Extends South Korean Crypto Exchanges’ AML Window by 6 Months
South Korean crypto exchanges have been given a short extension in their race to get anti-money laundering (AML) protocols in place – although the nation’s top regulator has promised to…
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the…
Tanzania’s president is now calling for Bitcoin and crypto adoption
In what appears to be the latest move by a sovereign country to embrace cryptocurrency, Tanzania’s President Samia Sulhulu has asked the country’s Central Bank to start exploring the crypto…
CPB head wants to ban cryptocurrencies
TL;DR Breakdown • Pieter Hasekamp, ​​CPB head, indicates that the cabinet should ban cryptocurrencies.• Cryptocurrencies could suffer an inevitable collapse, which is a huge risk for investors and the government.
Cryptocurrency Exchanges in South Korea to Be Classified as Highly Risky
Cryptocurrency exchanges operating in South Korea will be classified as highly risky organizations, the local regulator has decided.
Unstoppable Crypto Still Needs ‘Safeguards’: Italian Securities Regulator
The chairman of Italy’s securities regulator thinks crypto is far too risky to keep waiting for the EU to release rules, suggesting Italy may have to go its own way.
South Africa to revise its stance on crypto amid surging retail interest
South Africa’s financial watchdogs are gearing up to introduce a crypto regulation framework in the country. A report unveiled this news on June 14, citing a position paper published by…
South Korea’s small crypto exchanges face increasing regulatory heat
Stringent regulatory policies in South Korea could force many small- and medium-sized crypto exchanges out of the country.
Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator
The continued spread of cryptocurrencies without consistent regulation is a cause for concern, according to the head of Italy’s stock market regulator. The post Spread of Unregulated Crypto a ‘Cause…
