#licensing regime

"Asks 30 Days, But Not in Jail," Border Cities Star. April 20, 1934. Page 3. ---- Samuel Mock Wants Time to Pay His License Fee ---- "GIVE me 30 days," pleaded Samuel Mock, of 613 Elliott street, when he appeared in Magistrate Smith's court at East Windsor to-day.

The request caused a chuckle in the courtroom, but it wasn't actually, as it might have sounded to the spectators, a plea for a standard-length jail term. Mock was charged with peddling without a license and he wanted time to get the license money together.

The European Union has introduced a new crypto licensing regime called Markets in Crypto-Assets (MiCA), making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The EU also voted in favor of a Transfer of Funds regulation that requires crypto operators to identify their customers in a bid to halt money laundering. (Read More)

Independent Reserve, an Australia-based cryptocurrency exchange, is exploring opportunities to expand its business in Hong Kong following the city’s recent proposal of a licensing regime for crypto exchanges. The company sees Hong Kong as a potential friendly jurisdiction for its business expansion in Asia. (Read More)

Hong Kong’s Securities and Futures Commission calls for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors.