Indonesia to Require Cryptocurrency Exchanges to Register with Country’s National Digital Asset Bourse

Indonesia to Require Cryptocurrency Exchanges to Register with Country’s National Digital Asset Bourse

Image Source: Pixabay The Indonesian government has announced that all cryptocurrency exchanges operating within the country will be required to register with the newly established Commodity Future Exchange (CFX). Launched earlier this... Read more »

What Is KYC, and Why Do Crypto Exchanges Require It?

When you arrange an account with a crypto trade, you will usually be requested to undergo the know-your-customer (KYC) course of. This is a regular id verification that main exchanges require for... Read more »

Facebook exec says stablecoins ‘probably’ require more regulation

SEC Chair Gary Gensler put ahead a wide-ranging view of potential cryptocurrency regulation at a Senate listening to this week, saying {that a} kind of digital asset referred to as stablecoins could... Read more »

US Treasury may require crypto transfers over $10K to be reported to the IRS

As central banks discover digital currencies, governments are rallying for elevated oversight of mercurial crypto property. A significant a part of the regulatory quagmire over digital cash considerations taxes. This yr, the... Read more »

Taiwan to Require Crypto Sector to Comply with AML Rules

Crypto exchanges and buying and selling platforms may have to comply with AML necessities for typical banks beginning 1 July. Taiwan’s FSC (Financial Supervisory Commission) has announced it’s going to introduce new... Read more »