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June 5, 2023

Hong Kong and UAE Will Work Together in Crypto Regulations

The Hong Kong Monetary Authority (HKMA) last week partnered with the Central Bank of the United Arab Emirates (UAE) in efforts to exchange knowledge and ensure transparency and security of digital currency transactions.

News
June 2, 2023

Coinbase CEO Criticizes US for Lack of Crypto Regulation

The CEO of Coinbase has published an article in which he has again criticized the US leadership, which is delaying the legalization of the cryptocurrency market.

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June 1, 2023

Gemini Plans to Get Licensed in UAE

Gemini, the crypto exchange owned by the Winklevoss twins, has started the application process for obtaining a service license in the United Arab Emirates (UAE).

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May 31, 2023

UAE to Implement AML Rules to Digital Assets

By the end of June, the Central Bank of the United Arab Emirates (CBUAE) will enact rules requiring licensed financial institutions to verify the identities of customers.

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May 30, 2023

Bali Authorities Initiate Campaign Against Cryptos in Tourism Sector

The provincial government of Bali, Indonesia, has announced that they will no longer allow digital assets to be used for payments in hotels, restaurants, shopping centers, and other establishments.

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May 24, 2023

US Crypto Exchange Coinbase Files a New Complaint Against the SEC

In a new petition, representatives from Coinbase state that the SEC has already decided to reject its request and that they do not have the right to sue the regulator.

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May 19, 2023

SEC Believes Filecoin Could Be a Security

The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.

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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

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