South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022
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The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized…
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FTX and its sister firm Alameda faced the largest crypto-related enforcement by US regulators, with a staggering $12.7 billion in combined settlement charges. According to CoinGecko’s findings, this amount tops the list of penalties imposed on cryptocurrency companies, highlighting the regulatory focus on the now-bankrupt exchange. Meanwhile, Binance’s $4 billion…
A significant regulatory process affecting the cryptocurrency market is beginning in South Korea. The South Korean National Assembly will begin substantive legislative discussions regarding cryptocurrency spot ETFs in February. The discussions will focus on draft amendments to the Capital Markets Law that would create a legal framework for local financial…
The Donald Trump-inspired World Liberty Financial is exploring plans to create a publicly traded crypto vehicle to hold its WLFI tokens. Notably, World Liberty Financial is already pitching the idea to top Wall Street investors and targets $1.5 billion in fundraising to create and launch the company, Bloomberg reported on August…