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Malaysia has a relatively favorable stance on cryptocurrencies, it is crucial for investors and exchanges to comply with the regulatory framework set by the SCM. The country's approach balances the need for innovation with the requirement for investor protection and financial stability. Malaysia is crypto-friendly in the sense that it allows regulated crypto trading, but it also imposes strict regulations to ensure that the market operates transparently and securely.
The all-new national AML/CFT strategy of the UAE, the settlement between Uniswap and CFTC and India’s move to allow several crypto exchanges in the country. The highlight of the past week.
Indonesia has officially recognized cryptocurrencies as commodities, allowing their trading on specialized exchanges while prohibiting their use as legal tender. The country has a unique crypto regulation and it is the only one globally which established a state-owned crypto exchange. Our new article about evolving crypto landscape in one of the crypto-pioneering countries.
The Abu Dhabi Global Market regulatory proposals for fiat-backed tokens, a shift of MakerDAO to a more regulatory compliant ecosystem and a summary of three years of bitcoin adoption in El Salvador. The highlight of the past week.
China’s highest court’s statement to treat cryptocurrency as mean of money laundering, Tether’s plans to launch dirham-backed stablecoin and the detention of Telegram founder in France. The highlight of the past week.
The Philippines has taken a cautious yet open approach towards cryptocurrencies. While the country has not fully embraced cryptocurrencies as legal tender, the government and regulators have been working to create a balanced regulatory framework that fosters innovation while protecting consumers.
The Dubai Court’s ruling allowing salary crypto payments, International Monetary Fund’s report highlighting environmental concerns associated with cryptocurrency mining and new proposals to regulate crypto in Ghana. The highlight of the past week.
Cryptocurrency regulation in Thailand has evolved significantly over the past few years, reflecting both the growing popularity of digital assets and the need for a robust regulatory framework. This article provides an overview of the current situation regarding cryptocurrency in Thailand, including market development, regulatory measures, the status of exchanges, mining, taxation, and future plans for digital currency.
Turkey has revealed a list of crypto exchanges applying for a license to operate in the county, Thailand’s new crypto sandbox and the forthcoming options trading for crypto-ETFs in the USA. The highlight of the past week.
The introduction of the Bill to make a strategic bitcoin reserve in the USA, Russia’s new crypto legislation and Qatar’s plans to lift its ban on crypto. The highlight of the past week.
The U.S. Senators’ proposals to integrate BTC as a strategic reserve asset for the Federal Reserve, India’s plans to release its stance on crypto and Switzerland’s new guidelines for stablecoin issuers. The highlight of the past week.
Ethiopia initially took a cautious stance towards cryptocurrencies, with the central bank banning their use for transactions in the country in 2022. However, in a shift in strategy, the Ethiopian government has since moved towards regulating cryptocurrencies rather than outright banning them. In this article, we will explore the current state of cryptocurrency regulation in Ethiopia.