guidelines

Embracing the True Spirit of Decentralization: Shiba Classic – Your New Haven!

The idea of decentralization has taken front stage in the fast-paced world of cryptocurrencies, promising a more equitable, inclusive, and transparent financial environment. Not all projects, nevertheless, have adhered to these guidelines. Enter Shiba Classic (SHIBC), a game-changer with a team that has a track record of success taking projects from $0 to $100 million. Shiba Classic is an example of what decentralization stands for. The Shiba Classic crew is now all in and prepared to cause a stir in the DeFi community. Unveiling Shiba Classic - A True Beacon

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023. VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country's financial services watchdog. Anchored Coins is launching a Swiss Franc-backed stablecoin (ACHF) and a Euro-backed stablecoin (AEUR), and will be issued on the Ethereum and BNB Chain blockchains. DCS Card Centre in Singapore is planning to issue credit cards collateralised by AEUR and ACHF. ZURICH, SWITZERLAND, Aug 16,

Japan Industry Partners Launch Trials to Strengthen Cybersecurity Against Threats in the Telecoms Industry

TOKYO, Aug 1, 2023 - (JCN Newswire) - Japan KDDI Corporation, KDDI Research, Inc., Fujitsu Limited, NEC Corporation, and Mitsubishi Research Institute, Inc. (MRI), today announced that they will embark on a series of trials exploring the introduction of Software Bill of Materials (SBOM)(1), a list of programs that comprise software, into the communications field including 5G and LTE network equipment with the aim of strengthening cybersecurity, on August 1, 2023. The five companies plan to establish a framework to manage this project and start a survey to address different

The Fight for Financial Freedom

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Navigating the Regulatory Landscape: KARM Legal Releases a Report Assessing Regulatory Framework for Virtual Assets

The UAE's Pioneering Efforts in Blockchain and Crypto are Shaping the Future of Finance. March 8, 2023, Dubai, The United Arab Emirates- KARM Legal Consultants, a leading law firm specializing in Blockchain, Cryptocurrency, Web3 & Fintech in the UAE has, in collaboration with prominent legal experts – Mr. Eric Hess (Hess Legal Counsel), Mr. Jonathan Geen, Mr. Andreas Glarner (MME) and Mr. Thomas Nagele (Nagele Attorneys) and the regional Blockchain Ecosystem Crypto Oasis, published a new report analyzing the regulatory landscape for virtual assets in various jurisdictions. The report was

Why should a Finn choose a licensed online casino?

Finnish players have several good reasons to choose a licensed online casino. A licensed casino offers security and reliability, which is why it is one of the most popular options for Finnish players. Granting a license requires the casino to commit to strict rules and guidelines that create a safe gaming environment for all players. When you choose a licensed online casino, you can be sure that it follows legal agreements and that the results of the games are random and fair. Licenses also guarantee that your money is always

Komainu Secures MVP Licence from Dubai’s Virtual Assets Regulatory Authority

Dubai, United Arab Emirates, [22  November] 2022 - Komainu (Custodian), a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP licence means that Komainu can offer an approved range of virtual asset related services to institutional investors in Dubai within an internationally benchmarked legislative framework for virtual asset service providers (VASPs) following completion of its readiness requirements. 

GBA Releases Blockchain Maturity Model

March 29, 2022: Washington, DC. The Government Blockchain Association (GBA) will release the world premier blockchain assessment standard called the Blockchain Maturity Model (BMM), available April 30th, 2022. The Key Takeaways: Governments need blockchain solutions, but do not know how to judge a viable blockchain solution from a less mature one. Therefore, governments will always resort to traditional government contractors, leaving emerging blockchain companies behind.The BMM offers a set of industry standards, providing governments and others the information needed to evaluate blockchain solutions.The Blockchain Maturity Model (BMM) will help blockchain

This Country is promoting Crypto businesses, but here is the Catch

The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Binance halts spot trading, fiat deposit services among others, in Singapore

dditionally, no user will be able to purchase cryptocurrencies through fiat channels and liquid swaps. The development comes after Binance made further changes to comply with the Monetary Authority of Singapore [MAS], by ceasing all related trades. Now, Binance has asked its Singapore users to withdraw fiat assets and redeem tokens by Wednesday, 26 October, 04:00 AM UTC to avoid potential trading disputes. Earlier this month, the country’s central bank had ordered Binance to stop soliciting trades for Singapore’s resident customers. Following this, the exchange had stopped offering SGD trading pairs

Indian crypto investors may not be charged this tax

India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of Bihar about data concerning crypto exchanges and their investors in the country. Sitharaman noted that the current administration did not collect any such information. Earlier reports stated that the tax department was analyzing whether the equalization tax will be applicable on the purchase of digital assets from overseas exchanges. This was because the country has expanded the