Hong Kong’s Legislative Council has approved new amendments to its anti-money laundering (AML) and terrorist financing regime to include virtual asset service providers. The new law will establish a new licensing system for virtual asset service providers that will take effect on June 1, 2023. The new amendment will subject crypto exchange service providers to … Read more
South Korea’s Financial Intelligence Unit is cracking down on 16 foreign currency cryptocurrency exchanges operating illegally in the country. “Illegal business activities by unregistered entities may result in a maximum of 5 years in prison or a fine of up to KRW 50 million,” the regulator said. 16 was suggested by the South Korean inspector … Read more
Following the recent agreement between the two crypto exchanges, Bit2m2gether has announced plans to tap 100,000 crypto investors. In the year On July 10, Spanish cryptocurrency exchange 2Co shut down its free trading service, citing its inability to justify related operating costs due to the crypto winter. Instead, the users would pay 20 euros as … Read more
The text below is an ad article written by Cryptonews.com journalists. As a beginner investor in many exchanges, such as spot trading, I plan to invest in the future and make more profit, as we have just joined the crypto sector and tried entry-level products. Future trading. Today, let’s explore how I opened up the … Read more