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The Finance Ministry, in a notice, said that anti-money laundering legislation has been applied to crypto trading, safekeeping, and related financial services. India Imposes Money Laundering Provisions on Cryptocurrency Sector.
Alex Mashinsky is the co-founder of bankrupt crypto lender Celsius Network. He portrayed himself as a modern-day Robin Hood and showcased his company as a safe alternative of banks
Brazil’s markets regulator says it wants “transparency” in crypto and claims it is preparing a set of industry guidelines. The body is working in conjunction with the nation’s Economy Ministry – in a possible further setback for MPs hoping to regulate the sector.
The National Bank of Georgia is taking steps to regulate the crypto market in the country, its governor revealed in a recent interview.