MiCA scams are drawing closer scrutiny across the European Union after the Markets in Crypto-Assets framework took full effect on July 1. The change forced more than 1,700 unlicensed crypto platforms to stop serving EU customers and point them toward…
How will South Africa crypto rules govern offshore use?
South Africa crypto oversight moved forward on Monday after the National Treasury and the South African Reserve Bank released a draft rulebook for cross-border transactions. The proposal says crypto sent offshore would have to move through an authorized provider and…
Hungary crypto rules ease following MiCA authorization
Hungary crypto policy moved in a less restrictive direction after parliament repealed a validator requirement for certain conversions and CoinCash secured authorization under the European Union’s Markets in Crypto-Assets framework. The repeal removes an additional transaction-level approval step that had…
Will Australia Senate Back New Crypto Rules for Firms Now?
The australia senate has released a committee report supporting new laws to bring digital-asset platforms and custody providers under the country’s existing financial-services system. The findings from the Senate Economics Legislation Committee endorse a bill that would extend established licensing,…
Will South Korea tighten crypto rules after $40bn Bithumb slip?
South Korea is moving toward stricter oversight of digital assets after a major mishap at local cryptocurrency exchange Bithumb exposed weaknesses in trading systems and regulatory safeguards. The Financial Supervisory Service (FSS) and other authorities are using the incident, which involved an…
