Consumer Protection

This Singapore Banking Giant May Offer Crypto Services Soon

Source Node: https://coingape.com/this-singapore-banking-giant-may-offer-crypto-services-soon/

Time Stamp: November 19, 2021 6:08 AM - Modified On: November 19, 2021 - Published By:

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Amid Singapore’s ongoing effort to establish itself as a key player in the global crypto economy by laying out a clear regulatory framework, one of the country’s leading banking institutions, Oversea-Chinese Banking Corp. (OCBC) is considering the incorporation of crypto services by setting up a crypto exchange. The Chief Executive Officer at OCBC, Helen Wong told Bloomberg in an exclusive interview that the bank is researching the subject of starting a crypto exchange. However, she noted that OCBC’s intent to explore the decentralized industry is not driven by its popularity,

Malaysia Launches Enforcement Action Against ‘Illegally Operating’ Binance

Source Node: https://decrypt.co/77233/malaysia-regulator-takes-enforcement-action-against-binance-for-illegal-operations

Time Stamp: July 30, 2021 6:59 AM - Modified On: July 30, 2021 - Published By:

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Republished By Plato

In brief Malaysia's financial services regulator has taken enforcement action against Binance. The Securities Commission has said Binance is still operating illegally despite being listed on an alert list since July 2020. The Malaysia Securities Commission (SC) has today taken enforcement action against Binance for allegedly operating illegally in the country. The SC claims the crypto exchange is operating illegally as a Digital Asset Exchange, without the requisite registration requirements found in Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007. “Accordingly, the SC has issued a public

Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

Source Node: https://cointelegraph.com/news/blockchain-tracing-the-cannabidiol-supply-chains-will-help-define-legal-standards

Time Stamp: August 15, 2020 1:17 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD, products gain popularity, federal agencies are proceeding with caution around regulatory measures for cannabis products. In order to address regulatory concerns, policymakers in different regions are looking toward using blockchain technology as a solution that can provide transparency into the complex cannabis supply chain. Ensure CBD becomes a novel food in EuropeMost recently, the Cannabinoid Association

Visa And MasterCard Taking Big Steps For Mass Crypto Adoption

Source Node: https://insidebitcoins.com/news/visa-and-mastercard-taking-big-steps-for-mass-crypto-adoption

Time Stamp: August 1, 2020 9:16 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Visa and Mastercard stand as global leaders in the payment services industry, and have been taking steps to accelerate crypto payment processor support. They did this through opening up new options for its global user base in regard to payment. Both Visa and MasterCard announced their own projects and collaborations for the use of cryptocurrencies back in July, which is driving crypto adoption to new heights. The Giants Starting To Take Notice With two of the world’s largest traditional payment processors holding a positive sentiment for crypto payment platforms and

Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

Visa And MasterCard Taking Big Steps For Mass Crypto Adoption

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