Compulsory

Russia Moves Closer to Implementing Compulsory CBDC Pension System, Says Economist

Wyatt NewsonJan 14, 20242 min read

Russian Economist Predicts CBDC Pension Payments for the Elderly A Russian economist, Alexander Razuvaev, has stated that the adoption of a central bank digital currency (CBDC)…

Compulsory Declaration of Cryptocurrency Holdings Imposed on 290,000 South Korean Public Sector Workers

Wyatt NewsonJan 3, 20242 min read

South Korean Public Sector Workers Must Declare Crypto Holdings A new rule in South Korea will require around 290,000 public sector workers, including their spouses and…

Compulsory Crypto Holdings Disclosure Imposed on Senior Public Officials in South Korea

Cyrus DaileyDec 27, 20232 min read

South Korea’s Ministry of Personnel Management has announced that high-ranking public officials will be required to disclose their cryptocurrency holdings starting in 2024. This is part…

China imposes strict regulations on game currency trading and makes CBDC wallets compulsory

Fin BoldomDec 22, 20233 min read

China Introduces New Rules for Online Video Games Chinese regulators have recently announced new draft rules for online video games, with a focus on players’ spending…

SEC Acknowledges Mistakes in Enforcement Actions, Introduces Compulsory Training for Staff in 2024

Cino GaperiDec 22, 20232 min read

SEC Admits Missteps The U.S. Securities and Exchange Commission (SEC) has acknowledged errors in a recent enforcement proceeding, expressing “serious and deep regret” over procedural missteps.…

Bitget Unveils Compulsory KYC Policy Alongside Rewards for Early Adoption in Crypto Trading

Benito CormiDec 14, 20233 min read

Bitget Implements New KYC Policies The cryptocurrency exchange Bitget has recently announced its decision to introduce comprehensive Know Your Customer (KYC) policies across its platform. These…

Bitcoin Spot ETF Applicants to Implement Compulsory Cash Redemption Structure

Newt BettecDec 14, 20232 min read

SEC Implements New Regulatory Standard for Bitcoin ETF Applicants Recent reports have revealed that the United States Securities and Exchange Commission (SEC) has implemented a “new…

Improving Transparency: Basel Committee Calls for Compulsory Reporting of Cryptocurrency Exposure by Banks

Insa MonroeOct 22, 20233 min read

The Importance of Disclosing Banks’ Exposures to Crypto Assets The Basel Committee on Banking Supervision, based in Basel, Switzerland, is emphasizing the need for banks to…

The Importance of Compulsory Crypto Exposure Reporting for Banks

Wyatt NewsonOct 18, 20232 min read

The Basel Committee on Banking Supervision Calls for Greater Transparency in Crypto Exposures The Basel Committee on Banking Supervision has emphasized the need for standardized reporting…

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