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

Business

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

Business

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

Business

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

Business

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

Business

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

Business

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

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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

Business

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

Business

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: