The regulator meanwhile said the development of this framework had been done in order to ensure the country’s virtual asset industry adheres to the FATF recommendations. virtualasset regulation
Regulator Says UAE 'Closer to Issuing the Regulatory and Supervisory Framework' for VASPs
The regulator meanwhile said the development of this framework had been done in order to ensure the country’s crypto industry adheres to the Financial Action Task Force ’s recommendations. As a result, licensed exchanges “can apply for a license for virtual assets exchange subject to the approval and complying to all regulations and procedures of the Authority.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges – Regulation Bitcoin NewsThe regulator's warnings have forced some crypto exchanges operating in the country to terminate certain services. regulation cryptocurrency exchange
Read more »
FinCEN Issues 'Red Flags' on Potential Sanctions Evasion Using Cryptocurrency – Regulation Bitcoin NewsFinCEN has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags.
Read more »
US Lawmakers Introduce Bill to Sanction Russia's Gold – Regulation Bitcoin NewsFour U.S. senators are introducing a bill to place sanctions on Russia's gold. 'This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,' the senators explained.
Read more »
US Lawmakers Introduce Bill to Sanction Russia's Gold – Regulation Bitcoin NewsFour U.S. senators are introducing a bill to place sanctions on Russia's gold. 'This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,' the senators explained.
Read more »
Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March – Regulation Bitcoin NewsThe European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament.
Read more »
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities – Regulation Bitcoin NewsPresident Joe Biden's executive order 'lays out a national policy for digital assets across six key priorities.” crypto cryptocurrency bitcoin $BTC
Read more »