Home > Approves

Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

The Financial Supervisory Authority (FME), Iceland’s sole financial regulator, has approved the first blockchain-powered e-money firm in the country, as the organization announced on June 14.Reykjavik-based Monerium, backed by blockchain software company ConsenSys, has reportedly been approved by the Icelandic financial watchdog to provide fiat payment services using ethereum

Read More

Strict Malaysian Regulator Approves Three Cryptocurrency Exchanges

By CCN: Malaysia’s Securities Commission (SC) has registered three cryptocurrency exchanges allowing them nine months to achieve compliance with regulatory standards.Malaysia has been strict with its regulation of cryptocurrency exchanges previously. These three are the first, and only, registered to operate in Malaysia legally.The three exchanges registered are Luno Malaysia,

Read More

Japan Officially Approves Bill to Amend National Legislation Governing Crypto Regulation

The Japanese House of Representatives has officially approved a new bill to amend national laws that govern crypto regulation, Cointelegraph Japan reported on May 31.The bill — which had been prepared by Japan’s Financial Services Agency (FSA) and accepted by the House in mid-March of this year — has

Read More

Chinese Regulator Approves First 197 Blockchain Firms, Including Tencent, Alibaba, Baidu

China’s cyberspace administration has released the first list — 197 companies long — of registered blockchain service providers, according to their March 30 notice.Chinese initiatives by internet giants such as Baidu Blockchain Engine, Alibaba Cloud Blockchain-as-a-Service (BaaS), Tencent BaaS (TBaaS) and the BaaS platform owned by e-commerce giant JD.com

Read More

Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin

The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27.Per the CBC, Innisfil, in partnership with cryptocurrency payment processing project Coinberry Pay, will allow its residents

Read More

Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April

Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. In the other, it postponed the second reading of the crypto bill draft law to April.Ducking

Read More

Swiss Federal Assembly Approves Instructions on Cryptocurrency Regulation

The legislative body of the Swiss government, the Federal Assembly, has approved a motion to instruct the Federal Council to adapt existing legislation for cryptocurrency regulation. Coitelegraph auf Deutsch reported on the development on March 20.The motion introduced by Liberal assemblyman Giovanni Merlini intends to instruct the Federal Council

Read More