All cryptocurrency exchanges in Australia now must comply with the new regulation developed to prevent money laundering and criminal attacks.
With states and financial institutions turning their attention towards cryptocurrency and blockchain assets as a new asset class, regulatory concerns have now become of paramount importance to proliferating tokenized securities on the Ethereum blockchain.
In response to the recent regulatory guidance concerning token sales, Ambisafe has created an innovative self-regulating token class to assist with the management of securities on the Ethereum blockchain.
The perceived reluctance by government and regulatory bodies towards cryptocurrencies is largely due to the relative anonymity that surrounds the entire crypto ecosystem among other reasons.
China will likely resume cryptocurrency trading after licensing exchanges as measures for cryptocurrency market regulation.
BTC-e trading platform announced its official rebranding and the new exchange domain Wex.nz on September 15. In its welcome statement the company shares the details of the reopening assuring they are fully AML/KYC compliant.
The public often feels somewhat split about the new advances in technology – they can be both exciting and daunting. Some inventions enter the mainstream almost overnight, and for others, it takes time to adjust and adopt. One example of such harder to comprehend innovations can be seen in the phenomenon of cryptocurrencies and their rise as a medium of exchange.