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regulation

Nigerians demand clear digital asset regulations
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18 July, 2024

Nigerians demand clear digital asset regulations

Industry leaders, startup founders and the country’s Minister of Finance have joined calls for the country’s securities regulator to issue...
South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
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17 July, 2024

South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms

The FSCA has now licensed 138 VASPs from an initial 383 applications, and the FATF has warned that 97% of...
EU, UK regulators launch consultations on digital asset data reporting and wallets
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17 July, 2024

EU, UK regulators launch consultations on digital asset data reporting and wallets

The call for information is open until September 13; after that, the regulators will analyze all responses received and provide...
COPIED Act proposed in US to protect content creators
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16 July, 2024

COPIED Act proposed in US to protect content creators

The COPIED Act would require AI content to come with watermarks and prohibit AI companies from using content with provenance...
Decentralization a spectrum, regulation a necessity: Responses to France’s DeFi discussion paper
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16 July, 2024

Decentralization a spectrum, regulation a necessity: Responses to France’s DeFi discussion paper

The AMF received 34 responses from various players in the DeFi ecosystem, centralized players from the digital asset sector and...
Vietnam mandates facial recognition for digital payments above $390
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15 July, 2024

Vietnam mandates facial recognition for digital payments above $390

As the fifth most prone country for theft and cybercrime, Vietnam is moving to make its security more robust, requiring...
China scores diplomatic win following AI resolution passage at UN
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14 July, 2024

China scores diplomatic win following AI resolution passage at UN

The AI resolution, supported by over 140 nations, seeks to leverage the technology to create equal opportunities worldwide and speed...
North Carolina governor vetoes anti-CBDC bill
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9 July, 2024

North Carolina governor vetoes anti-CBDC bill

The North Carolina Governor said the bill was "premature, vague and reactionary and proposes an end result on important monetary...
Nigeria demands VASPs have local offices, CEO
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9 July, 2024

Nigeria demands VASPs have local offices, CEO

Nigeria’s SEC has given VASPs 30 days to register, and among the requirements is for the CEO or managing director...
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
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8 July, 2024

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...
South Korean exchanges to step up monitoring as global fraud, exploits surge
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8 July, 2024

South Korean exchanges to step up monitoring as global fraud, exploits surge

With blockchain-based scams on the rise, South Korea will go ahead with the operation of its monitoring system this mid-July...
China planned 50 new AI standards by 2026 to cover LLM training, safety, and industrial applications
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8 July, 2024

China planned 50 new AI standards by 2026 to cover LLM training, safety, and industrial applications

Chinese authorities plan to launch 50 new AI standards to encourage standardization across the ecosystem, targeting a tentative launch date...