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VASPs

FATF President T. Raja Kumar addressing a press conference in Paris, France, in October 2022. (Amitoj Singh/CoinDesk)
Policy
Regulations
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
The finding, termed a "call to action" by T. Raja Kumar, emerged from a report that explored which jurisdictions have adhered to the FATF's recommendations.
FATF President T. Raja Kumar addressing a press conference in Paris, France, in October 2022. (Amitoj Singh/CoinDesk)
By Amitoj Singh
Mar 28, 2024 at 9:24 a.m. UTC
Mar 28, 2024
RegulationsFATFVASPsTravel RuleCryptoglobal crypto industryFinancial Action Task ForceVirtual Asset Service ProvidersAnti-Money LaunderingTerrorist FinancingExclusive
(DALL-E/CoinDesk)
Policy
Tron
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.
(DALL-E/CoinDesk)
By Fran Velasquez
Mar 1, 2023 at 8:53 p.m. UTC
Mar 1, 2023
TronJustin SunCoinDesk TVVASPsHong KongWeb3HuobiCrypto ExchangeChina
(Mark Dadswell/Getty Images)
Markets
Asia pacific
First Mover Asia: Bitcoin Opens the Week Testing $25K
ALSO: Hong Kong unveils its crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contra...
(Mark Dadswell/Getty Images)
By Sam Reynolds
Feb 20, 2023 at 2:54 a.m. UTC
Feb 20, 2023
Asia PacificBitcoinEtherAltcoinsFirst Mover AsiaHong KongVASPs
Hong Kong (Yiu Yu Hoi/Getty Images)
Policy
Regulations
Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
Hong Kong's Securities and Futures Commission (SFC) wants to expand its team to deal with licensing applications for the incoming VASP regime.
Hong Kong (Yiu Yu Hoi/Getty Images)
By Lavender Au
Feb 6, 2023 at 3:17 p.m. UTC
Feb 6, 2023
RegulationsHong KongSFCVASPsFunds
Christopher Hui speaking at 2022 Hong Kong FinTech Week. (Information Services Department of HKSAR)
Policy
Hong kong
Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
After crypto firms have left the city, the regulator says it’s now moving with the market and industry.
Christopher Hui speaking at 2022 Hong Kong FinTech Week. (Information Services Department of HKSAR)
By Lavender Au
Jan 10, 2023 at 5:00 a.m. UTC
Jan 10, 2023
Hong KongFintechCryptoVASPsExchange-Traded ProductsSingapore
The FATF says it has not changed the way it monitors crypto. (Yuichiro Chino/Getty Images)
Policy
Regulations
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
The Financial Action Task Force responded to a report that it is preparing to conduct annual compliance checks, saying it has not changed the way it monitors crypto assets or...
The FATF says it has not changed the way it monitors crypto. (Yuichiro Chino/Getty Images)
By Sandali Handagama
Nov 8, 2022 at 9:14 a.m. UTC
Nov 8, 2022
RegulationsFATFAMLVASPs
Hong Kong FSTB Secretary Christopher Hui talks to co-founder of Animoca Brands Yat Siu at Hong Kong FinTech Week. (Lavender Au/CoinDesk)
Policy
Hong kong
Hong Kong Government Reconsiders Stance on Virtual Asset ETFs, Tokenized Securities, Retail Investors
The government says it's ready to engage with virtual asset service providers and invite them to the city.
Hong Kong FSTB Secretary Christopher Hui talks to co-founder of Animoca Brands Yat Siu at Hong Kong FinTech Week. (Lavender Au/CoinDesk)
By Lavender Au
Oct 31, 2022 at 5:38 a.m. UTC
Oct 31, 2022
Hong KongHong Kong Monetary AuthorityETFRetailVASPsExchange-Traded Products
(Carl & Ann Purcell/Getty Images)
Policy
Regulations
Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
The firm will now be able to work with local bank and financial institutions.
(Carl & Ann Purcell/Getty Images)
By Sandali Handagama
Sep 22, 2022 at 11:59 a.m. UTC
Sep 22, 2022
RegulationsIsraelVASPs
Manila, Philippines (Alexes Gerard/Unsplash)
Policy
Philippines
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
The Bangko Sentral said it will conduct a reassessment based on market developments.
Manila, Philippines (Alexes Gerard/Unsplash)
By Jamie Crawley
Aug 11, 2022 at 11:51 a.m. UTC
Aug 11, 2022
PhilippinesCentral BankVASPsRegulation
Dubai (David Rodrigo/Unsplash)
Finance
Okex
OKX Secures License in Dubai and Plans to Open Regional Hub
The exchange has followed in the footsteps of FTX and Kraken in securing a license in the UAE.
Dubai (David Rodrigo/Unsplash)
By Oliver Knight
Jul 14, 2022 at 8:24 a.m. UTC
Jul 14, 2022
OKExDubaiUAEVASPsLicensing