Final week, virtually all main digital asset markets in Asia acquired updates from native regulators. Japanese lawmakers determined apply stricter anti-money laundering measures hint cryptocurrency transactions since June 1.
In line with stories, a key function of the brand new measures is Implementation of the “Journey Rule”. to permit for extra correct monitoring of proceeds of crime. It requires any monetary establishment that processes a cryptocurrency switch of greater than $3,000 handy over buyer data to the receiving trade or establishment. The info ought to embody the sender’s and receiver’s title, deal with and account data.
In line with IOSCO, the cryptocurrency ought to mimic the principles of TradFi
Montenegrin prosecutors have appealed Do Kwon’s bail
Norway may go its personal means on cryptocurrency asset regulation
Proceed studying Coin Telegraph.
