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Russian State-Owned Holding Giant Suggests Employing DLT For All Gov’t Data Systems
Rostec, a Russian state-owned holding company, proposes a roadmap for applying blockchain to all government data systems. This was reported by Kommersant , local financial newspaper , on May 24,…
US SEC Approves Blockstack’s Token Offering Under Regulation A+
The United States Securities and Exchange Commission (SEC), gives a thumbs-up to Blockstack, a blockchain-based startup, in order to conduct a $28,000,000 public token offering under Regulation A+. According to…
Philippines To Announce Final Draft For The Regulation Of Cryptocurrencies Soon
According to The Manila Times, the proposed legal structure could allow cryptocurrency exchanges operate as trading platforms. EphyroLuis Amatong, Commissioner of Philippine Securities and Exchange Commission, previously stated that a…
Securities Regulator Of Malaysia Registers Three Cryptocurrency Exchanges
According to a press release dated June 4, the Securities Commission (SC of Malaysia) registers three cryptocurrency exchanges Luno Malaysian, Sinegy Technologies, and Tokenize Technology. They are allowed up to…
Spain to Oblige Investors to Report Their Overseas Crypto Holdings
The Spanish Congress of Deputies has voted in favor of a law that requires Spaniards to report their overseas cryptocurrency holdings through tax filings. According to an official announcement made…
Canadian Regulator Alleges Poloniex Violated Ontario Securities Law
The Ontario Securities Commission (OSC) accused the cryptocurrency exchange Poloniex of breaking its securities law through its platform. The regulator argues that crypto asset products offered by the company are…
Thailand Mandates Physical ID Checks of Crypto Investors
The Thailand government is making the regulations around crypto exchanges more strict as it mandated the verification of customer identities using a ‘dip-chip’ machine, which requires the physical presence of…
Seychelles Regulator Takes Down Warning against Huobi Global Limited
UPDATE 14:35 GMT: Huobi informed Finance Magnates that the Seychelles regulator took down the warning after consultation with the crypto exchange. The Seychelles’ Financial Services Authority (FSA) has issued a…
Thailand Regulator Withdraws Proposal of Harsh Crypto Investment Rules
Thailand’s Securities and Exchange Commission (SEC) has scrapped its new crypto regulations draft after it received massive backlash from the local community for setting a high bar for investors. According…
Thailand Plans to Mandate Income Proof for Crypto Traders
With the spike in the retail demand for cryptocurrency investments, Thailand is considering to impose new rules under which traders need to prove their income and assets before opening an…
