News with the tag "Financial regulations"

The Australian financial services regulator has sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections.

Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.

The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.

In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers abou...

Dubai’s Financial regulator has joined other regulators around the world as they debate how to regulate the crypto market. While Singapore seeks to restrict, the role of ordinary investors and the U.S. cracks down on crypto businesses due to previous market downturns, countries like Dubai and Hong K...