What is RBI? Simply put, RBI stands for the Reserve Bank of India and is responsible for regulating India’s financial markets and maintaining economic stability. Established by the Reserve Bank of India Act 1934, and commencing operations on 1 April […]
What is Japan’s FSA? Japan’s FSA (Financial Services Agency) is the principal regulatory body responsible for the stability of Japan’s financial system. Originally created in 1998 as an administrative wing of the Prime Minister’s Office, Japan’s Financial Services Agency (FSA) […]
What Is The Reserve Bank Of New Zealand (RBNZ)? The Reserve Bank Of New Zealand (RBNZ) works to maintain the stability of New Zealand’s monetary and financial system and provides regulatory oversight for banks and other financial institutions. The RBNZ […]
Asia is the world’s largest trading market for cryptocurrency, and it has one of its most diverse regulatory environments. Crypto regulations in Asia fall across a spectrum. While many territories have paved the way for the adoption of cryptocurrencies, others […]
Regulations in Hong Kong: The Hong Kong Monetary Authority What is HKMA? As the central banking institution, the Hong Kong Monetary Authority is responsible for maintaining the city’s monetary and banking stability. The Hong Kong Monetary Authority (HKMA) was established […]
What is the Monetary Authority of Singapore (MAS)? The Monetary Authority of Singapore (MAS) was established in 1970 by act of government, beginning operations as the country’s central bank, and financial regulatory authority, on 1 January 1971. Prior to its […]
Is cryptocurrency legal In Australia? Cryptocurrencies: Legal, treated as property Cryptocurrency exchanges: Legal, must register with AUSTRAC In Australia, cryptocurrency, digital currencies, and cryptocurrency exchanges are legal. In addition to this, Australia cryptocurrency regulations and laws are also progressive. The […]
Is Cryptocurrency Legal In India? Cryptocurrency in India: Not legal tender Cryptocurrency exchanges: Regulations being considered Cryptocurrency is not legal tender in India. While cryptocurrency in India can be exchanged due to the absence of a robust regulatory framework, a […]
Is Cryptocurrency Legal in China? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Illegal The People’s Bank of China (PBOC) banned financial institutions from handling Bitcoin transactions in 2013 and went further by banning ICOs and domestic cryptocurrency exchanges in 2017. In […]
Is Cryptocurrency Legal in South Korea? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, must register with FSS Currently, South Korea cryptocurrency regulation means that crypto is not considered legal tender. Exchanges, while legal, are part of a closely-monitored regulatory system. […]
Is cryptocurrency in Japan legal Cryptocurrencies: Legal, treated as property Cryptocurrency exchanges: Legal, must register with the Financial Services Agency Japan currently has the world’s most progressive regulatory climate for cryptocurrencies and recognizes Bitcoin and other digital currencies as legal […]
Is Cryptocurrency Legal In Singapore? Cryptocurrencies: Not legal tender Cryptocurrency exchanges: Legal, registration with the Monetary Authority of Singapore required In Singapore, cryptocurrency exchanges and trading are legal and the city-state has taken a friendlier position on the issue than […]
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