Tag: Regulations

Russian Lobby Group to Tender New Bill on Digital Assets

A working group under the Russian Union of Industrialists and Entrepreneurs (RUIE), consisting of influential magnates and heavyweights in Russia, is currently devising an alternative crypto regulation bill that is meant to remove the contradictions in the state draft law “On Digital Financial Assets.” This is coming from a recent report by Forklog.

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Mexican Apex Bank Promises More Stringent Regulations on Crypto Exchanges

The Bank of Mexico (Banxico) has revealed its intention to impose stricter rules and regulations on the cryptocurrency sector. This includes compulsion of crypto exchanges and banks in the business of cryptocurrency in the country to obtain a permit from the apex bank. Banxico published this via a circular in Diario Oficial de la Federación, the official daily of the Mexican authorities.

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