BitFlyer Implements “Travel Rule” to Enhance Security and Compliance Measures
The platform introduces the so-called "travel rule." It comes after a million-dollar fine from the U.S. Japan's largest crypto exchange BitFlyer has introduced the so-called "travel rule.". It went into effect on May 30. This means users will not be able to se ...
Japan Strengthens Anti-Money Laundering Laws for Cryptocurrencies
The country will adopt tougher laws against money laundering in cryptocurrencies The rules will take effect on June 1 Japanese lawmakers have decided to tighten anti-money laundering (AML) measures to track cryptocurrency transactions. Parliament on Tuesday, M ...
IOSCO Publishes Recommendations for Digital Asset Regulation, Seeks Feedback from Regulators
University of Jos in Nigeria has expressed its willingness to accept the digital Nigerian naira (e-Naira) to pay for its educational programs. Top Manager of the Central Bank of Nigeria (CBN), Tinat Esther Catherine, said this during a visit to the University of Jos (UNIJOS ...
IOSCO Publishes Recommendations for Digital Asset Regulation, Seeks Feedback from Regulators
The Commission has published a set of recommendations for other regulators Feedback on the document is open until July 31 The International Organization of Securities Commissions (IOSCO) published its rulebook on Tuesday, May 23, regarding regulation of the digit ...
G7 Supports Stricter Crypto Regulation and Global Regulatory Framework for Cryptoassets
This rule requires service providers to share customer data The FATF believes this will solve the problem of tax defaulters The bloc is expected to present a draft global regulatory framework for cryptoassets in June The Group of Seven (G7) met in Nii ...