Regulation Page 2

The US SEC has filed charges against 3 executives of Bitcoiin2Gen of defrauding investors for $11.4 million through a B2G ICO.

US regulator SEC is preparing to sue Ripple as it demands to recognize the XRP token as a security, & to impose a fine for unauthorized sale.

The UK’s Financial Conduct Authority (FCA) today published a notice on its updated position limits for certain commodity derivative contracts.

A new regulatory initiative has emerged in Ghana for domestic forex trading. This new law brings joy to domestic forex traders in Ghana.

The FCA has warned against a clone firm, Fidelity International/Fidelity plc which claims to be an authorized firm but scams potential victims in the UK.

Kazakhstan is advocating for the introduction of regulation of the Forex market as Kazakhstanis complain more often about forex brokers.

Bafin has announced that all crypto ATM providers are required to receive a license from the regulator to operate in Germany.

CySEC has blacklisted yet another number of FX & cryptocurrency websites it says were illegally promoting trading products in the country.

FINMA grants OSIF and OSFIN the first authorizations as supervisory bodies which will be responsible for monitoring asset managers and trustees.

Cyprus Securities and Exchange Commission (CySEC) has reached a settlement agreement of €160,000 with Indication Investments Ltd.

ASIC has cancelled the AFS licence of Australian Golden Securities Ltd. The AFS licence cancellation came into effect on 21 May 2020.

Following on from consultations, ASIC has released its new regulatory framework for FFSPs providing financial services to Australian wholesale clients.

As local investments in cryptocurrency continue to rise, Myanmar Central Bank has issued a warning that Bitcoin transactions are illegal in the country.

Dutch crypto firms must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday.

Cayman Islands have proposed new legislation to regulate crypto exchanges and the proposed regulations are based on FATF guidelines.

Ripple's native token, XRP, was the underperforming large-cap token in 2019, and 2020's performance isn't much better so far.

The Financial Action Task Force (FATF) has rated US’ steps against money laundering and terror financing with cryptocurrency as “largely compliant.”

The Australian Securities & Investments Commission (ASIC) has announced a new regulation for foreign financial service providers (FFSP) in Australia.

ASIC has suspended AFS Licence of RVM Capital for failing to present its annual financial statements for three consecutive years.

Instacoins announced Tuesday that it has received licensing approval in Estonia from the Financial Intelligence Unit (FIU) as a crypto broker.