Mandatory

Kraken Implements Mandatory Verification for UK Users with Self-Custodial Crypto Wallets

Noah RyptonFeb 14, 20241 min read

Kraken Requires U.K. Users to Verify Self-Custodial Wallets Crypto exchange Kraken is now enforcing a requirement for its users in the U.K. to verify their self-custodial…

US Government Explores Mandatory Energy Data Disclosure for Bitcoin Miners

Bitro ConwellFeb 2, 20243 min read

Crypto Miners Required to Provide Energy Use Details The United States Department of Energy (DOE) has announced that it will collect energy use data from crypto…

Mandatory Registration for Cryptocurrency Exchanges with Indonesia’s National Digital Asset Bourse

Wyatt NewsonDec 28, 20232 min read

The Indonesian Government Mandates Registration for Crypto Exchanges The Indonesian government has implemented a new requirement that all cryptocurrency exchanges operating within the country must register…

Mandatory Crypto Disclosure Imposed on Senior Officials in South Korea

Owen PatterDec 28, 20233 min read

New Legislation Requires Disclosure of Cryptocurrency Holdings by High-Ranking Public Officials South Korea is taking steps to increase transparency and integrity within its public sector. The…

South Korea Introduces Mandatory Crypto Asset Reporting for Government Employees

Gapster InnesDec 27, 20233 min read

South Korea Implements Cryptocurrency Disclosure for Government Officials The South Korean government has mandated that approximately 6,000 public officials must disclose their cryptocurrency holdings starting from…

Enhanced Security Measures: Bitget Introduces Mandatory KYC for Users

Noah RyptonDec 14, 20232 min read

Bitget Implements Comprehensive KYC Requirements Bitget, one of the world’s largest cryptocurrency exchanges, is introducing Know Your Customer (KYC) requirements for all English-speaking users. This move…

Mandatory Reporting of Overseas Cryptocurrency Holdings Imposed on Spanish Residents

Blair ConnollyNov 29, 20233 min read

New Reporting Deadline for Spanish Citizens Spanish residents holding crypto assets on international exchanges are now required to disclose their holdings by March 31, 2024, according…

Mandatory Crypto Exposure Disclosure by Banks Imposed by BIS from 2025

Noah RyptonOct 17, 20232 min read

Financial Institutions May Soon Have to Disclose Crypto Exposure The Basel Committee on Banking Supervision, a conglomerate of bank supervisors from 28 jurisdictions, including the U.S.,…

Australia Implements Mandatory Licenses for Crypto Exchanges to Address Risks of Regulation

Bitro ConwellOct 16, 20233 min read

Australian Government Taking Proactive Approach to Regulating Crypto Exchanges The Australian federal government is actively working towards establishing comprehensive regulatory frameworks for the cryptocurrency sector, with…

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