Sep 15, 2018 at 11:15
United Arab Emirates Considers ICO Regulation and the Nature of a Token
The UAE government has taken a significant step in understanding the general principles on which the fintech is based. Last Sunday, the UAE Securities and Commodities Authority (SCA) officially agreed to regulate ICOs and recognize tokens as securities for the welfare of the nation.
Aug 13, 2018 at 10:40
The Thai Securities and Exchange Commission to Go Hard on Domestic ICOs
According to the SEC of Thailand, there has been an enormous attention to details of getting a license for operating on the country’s crypto market. At least 50 initial coin offering ventures confirmed their willingness to go legal after the Finance Ministry had introduced a draft regulating digital assets.
Georgia Sees Blockchain as a Solution for Reducing Administrative Costs
Blockchain technology has become very popular not only among a wide variety of companies but also governments of large countries. The Finance Minister of Georgia Mamuka Bakhtadze assures that blockchain can make administrative costs smaller and increase citizens access to the public service.
More than Half of Cryptocurrency Exchanges Have no Full KYC Compliance
Recent research examining 25 of the world’s crypto exchanges has shown that 68% of crypto exchanges are failing to comply with “Know Your Customer” (KYC) policies. Non-compliant companies have a lot of work to do as new anti-money laundering regulations will come into force next year.