Tag: new rules

ESMA - Did they go too far?
April 04, 2019 BY Valentina Kirilova

ESMA - Did they go too far?

It has now been nearly a year since ESMA (in its infinite wisdom) ruling on leverage came into effect - and its been very harsh on many of us brokers, as well as traders. The logic behind why ESMA did this is fair, there was too much risk in the market from both the broker…

Read more
regulations
April 01, 2019 BY Mariela Naydenova

Pakistan has new cryptocurrency regulations

Pakistan is one of the countries that has not been quite "pro-crypto". Just on the contrary, the country has been quite strict when it comes to the use of cryptocurrencies. For example, some time ago, the central bank of the country warned all financial institutions and banks that the use of virtual currencies is highly…

Read more
G20 group adopts tough FATF KYC/AML rules: Debate is how to implement
February 06, 2019 BY Mariela Naydenova

The Philippines create new regulatory framework for DATO

The Philippines are moving forward with their regulatory framework regarding digital asset token offerings (DATO). The information comes from ABACA, or the Asia Blockchain and Crypto Association. The regulations are released by the Cagayan Economic Zone Authority (CEZA) and aim to protect investors and regulate the whole cryptocurrency space in the country. Under the new regulations, issues…

Read more