SG crypto platform Coinhako gets MAS nod for digital token services
Founded in 2014 by Eng and Yusho Liu, Coinhako is a digital asset wallet provider and offers fiat-to-crypto and crypto-to-crypto trading services, among others
Category: Regulations
China catches fraudsters using CBDC for money laundering
In China, fraudsters use similar methods to what they’d try for a debit or credit card scam but adapted for the digital yuan
Cryptocurrency cannot be stopped but must be regulated, concludes Parliamentary Standing Committee
The panel, headed by Jayant Sinha, also discussed the importance of ensuring “security of investors’ money”, one member also expressed concern over the publication of full-page ads on cryptocurrencies that appear in national dailies.
What does cryptocurrency regulations look like in India?
However, despite the huge investor interest, cryptocurrencies are currently unregulated in India. Industry bodies are using Codes of Conduct to ensure compliance with tax and other laws by members, while some regulations control cryptocurrency advisory.