Regulation

Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets.Binance Applies For License in SingaporeThe largest cryptocurrency exchange by trading volume has applied for an operating license in Singapore. Binance CEO, CZ, confirmed the news in a phone interview with Bloomberg. He said that the local...

The Reddit r/bitcoin forum doesn’t seem to be mentioning the bitcoin price much, these days.Reddit Isn’t Helping BTC Much, AnymoreThe bitcoin subreddit has come a long way since 2013. At the time of writing, it’s up to 1.3 million subscribers, which is more than double than the numbers seen during the time of bitcoin’s 2017 all-time high.Nic Carter – a partner at Castle Island Ventures – asked a few years ago on Twitter:Does anyone else remember the ‘bitcoin: magic internet money’ MS Paint ad...

Place/Date: Estonia - February 14th, 2020 at 1:21 pm UTC · 2 min read Contact: Instacoins, Source: Instacoins Estonia OÜ Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal...

Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal activities in connection with crypto-currencies and licensing virtual currency service providers.  Following these measures,...

[PRESS RELEASE]Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging a virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal activities in connection with crypto-currencies and licensing virtual currency service providers.  Following...

So much for having a crypto-loving president. Andrew Yang, who over the last year has garnered a reputation as being the “crypto presidential candidate,” has dropped out of the 2020 race.Andrew Yang Ends His Bid for PresidentAndrew Yang has long pushed himself as the man who would potentially revamp all crypto regulations when he got into the White House. One of his big claims to fame was that he was going to make all present laws and rules regarding cryptocurrency readable and...

When it comes to investments, especially in cryptocurrencies, the United States authorities are very strict in protecting investors from risks and losses. For this reason, crypto companies often exclude US residents from their offerings due to strict regulatory policies Although no laws are banning Americans from using margin trading, the regulations remain unclear. Thus, to avoid breaching any of these rules, exchanges like Binance don’t offer leverage services to users in the US, leaving...

Cryptocurrency regulations are taking a front-row in high-end governmental discussions. Steven Mnuchin, Secretary of the Treasury of the US, noted that FinCEN is working on introducing several new requirements to counter possible illegal financial activities.FinCEN To Apply New RequirementsYesterday, the U.S. Senate held a hearing to cover the 2012 budget. While addressing many different financial issues, the discussion also touched on cryptocurrencies and their role in the U.S. market.The...

ePayments Systems Ltd had to suspend online payment operations after the Financial Conduct Authority (FCA) order due to AML concerns.The Financial Conduct Authority (FCA) has ordered ePayments Systems Ltd to suspend all its operations based on a lapse in its anti-money laundering set procedures. This action will see thousands of registered account holders with the electronic money institution frozen and not able to transact until it meets the set standards by FCA.The news was conveyed through...

Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing results, he felt convinced that they wouldn’t win the race, thus deciding to end his campaign in advance.Yang Drops Out Of the 2020 Presidential RaceAndrew Yang is an American author, lawyer, and entrepreneur, who was also running for the presidential seat in the upcoming 2020 elections. Speaking in New Hampshire earlier today,...