Business
Two MAS-regulated Bitcoin funds launch in Singapore
Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS). The new funds, the Fintonia
South Korean regulator proposes strict new rules for token issuers
South Korea’s Financial Services Commission (FSC) has issued a report outlining its new definition of cryptocurrencies, along with proposed procedures for token issuers and punishments
New German government cites crypto in coalition agreement
The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.†Three
Thai lawmakers urged to approve tourism crypto to entice digital nomads
A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The
Australian Tax Office says it can’t rely on crypto users’ own records
The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most
UK Law Commission affirms English and Welsh laws apply to smart contracts
The U.K. Law Commission, tasked with monitoring the laws in the United Kingdom and recommending reforms, has said England and Wales do not need statutory
European Council approves two digital asset proposals
The European Union’s planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU’s political
Crypto poses no big risk to economy so far, Bank of Canada official says
Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada’s
Spanish regulator raises alarm on Binance promo by soccer star Iniesta
A major financial regulator in Spain has put out a warning regarding soccer star Andrés Iniesta for promoting major cryptocurrency exchange Binance. Iniesta, a prolific
Finnish regulators tighten the screw on digital currency marketing
Hot on the heels of the rising cryptocurrency hype, Finnish regulators have dropped a formal notice. On Wednesday, the Finnish Financial Supervisory Authority (FSA) stated: