SEC Publishes Crypto Custody Guidelines For Retail Investors
The US government continues to advocate for cryptocurrency adoption after the Securities and Exchange Commission published a retail investor guide centered around various means of custody. In the bulletin released on Friday, the SEC provides a detailed education on the available ways investors can safeguard their cryptocurrency investments and the associated risks. Related Reading: Tether […]
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Today, the fifth biggest retail bank in the nation, U.S. Bank, is expected to announce that its Bitcoin custody services are available to fund managers.
OKCoin, one of China’s so-called ‘Big Three’ bitcoin exchanges, has published new guidelines to adhere to AML requirements by regulators and authorities. The announcement, published on its China-based and international websites, comes amid the ongoing withdrawal freeze of bitcoin and Litecoin enforced by Chinese exchanges due to regulatory pressure from the People’s Bank of China, the country’s central bank. The guidelines read nearly identical for Chinese and international users. Roughly translated, the Chinese announcement begins: Considering from the perspectives of national Anti-Money....
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”
India’s Crypto Ad Guidelines Published
The Advertising Standards Council of India (ASCI) published Wednesday “guidelines for advertising and promotion of virtual digital assets and services.”
The guidelines are applicable to all advertisements....
Huobi Tech, a fund manager in Hong Kong has plans to introduce a cryptocurrency tracking exchange-traded fund (ETF), especially for retail investors. This move comes after the city released its recent guidelines for the sale of virtual assets, there was a relaxation concerning retail ownership of foreign ETFs. Due to the relaxation, Huobi Tech furthered […]
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money and as highly hazardous for retail investors,” said the central bank chief. New Rules May Be Coming to Retail Crypto Investors in....