regulation Archives

Judges in England, Wales given guidance on AI use

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14 December, 2023

Judges in England, Wales given guidance on AI use

As AI gradually becomes mainstream, the United Kingdom is laying out guidelines to ensure its proper use, including in the...

EU agrees ‘historic’ deal to regulate AI

Business

James Field

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12 December, 2023

EU agrees ‘historic’ deal to regulate AI

Legislators in the European Union reached an agreement on the Artificial Intelligence Act, which aims to ensure that "fundamental rights,...

Taiwan in exploratory phase on digital asset ETFs, regulator says

Business

Steve Kaaru

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12 December, 2023

Taiwan in exploratory phase on digital asset ETFs, regulator says

The Financial Supervisory Commission is considering allowing a ‘crypto’ ETF, but it’s waiting to see how other markets develop, including...

US defense appropriations bill leaves out digital asset provisions

Business

James Field

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11 December, 2023

US defense appropriations bill leaves out digital asset provisions

Amidst the scandals that rocked the 'crypto' space in recent months, the U.S. has yet to pass a meaningful regulation...

Kenyan lawmakers back digital asset taxation bill

Business

Steve Kaaru

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11 December, 2023

Kenyan lawmakers back digital asset taxation bill

The bill which received the backing of the finance committee in the Kenyan parliament categorizes digital assets as securities and...

Cantons of Basel, Zurich settle digital bonds with wholesale CBDCs

Business

Wahid Pessarlay

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10 December, 2023

Cantons of Basel, Zurich settle digital bonds with wholesale CBDCs

Swiss cities of Basel and Zurich are pioneering the use of wholesale CBDCs from the Swiss National Bank to settle...

ICMA reviews risk factors, disclosures in blockchain bond offering documents

Business

Wahid Pessarlay

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9 December, 2023

ICMA reviews risk factors, disclosures in blockchain bond offering documents

ICMA's report examines risks in blockchain-based bond offerings, highlighting technological, legal, and liquidity challenges, and advocates for improved transparency in...

New Jersey bill eyes classification of digital assets as securities

Business

James Field

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8 December, 2023

New Jersey bill eyes classification of digital assets as securities

While the proposed bill would not impact how the U.S. Securities and Exchange Commission oversees the digital asset space, its...

US House committee passes bill promoting blockchain competitiveness

Business

James Field

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8 December, 2023

US House committee passes bill promoting blockchain competitiveness

In a sign of cementing blockchain's limitless abilities, the U.S. House Committee on Energy and Commerce passed a new proposed...

South Korea on the hunt for unlicensed digital asset exchanges

Business

Steve Kaaru

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7 December, 2023

South Korea on the hunt for unlicensed digital asset exchanges

The Financial Intelligence Unit has partnered with South Korea’s five leading exchanges to solicit reports on any unlicensed exchanges, after...

China 3-year Action Plan involves deploying metaverse in key sectors of the economy

Business

Wahid Pessarlay

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7 December, 2023

China 3-year Action Plan involves deploying metaverse in key sectors of the economy

China reveals a Three-Year Action Plan to integrate the metaverse, emphasizing cultural, educational, and entertainment sectors, aiming to set global...

South Africa weighs licenses for 36 VASPs

Business

Steve Kaaru

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6 December, 2023

South Africa weighs licenses for 36 VASPs

Of the 128 applications it has received, only 36 had met all the conditions and their licensing would be considered...

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