regulation Archives

Laser Digital opens new hub in Japan after wins in Dubai, Abu Dhabi

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8 October, 2023

Laser Digital opens new hub in Japan after wins in Dubai, Abu Dhabi

Laser Digital, backed by Nomura, expands to Japan after its success in the United Arab Emirates, offering global digital currency...

Jamie Dimon: AI will be integrated into every JPMorgan process

Business

Wahid Pessarlay

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8 October, 2023

Jamie Dimon: AI will be integrated into every JPMorgan process

The JPMorgan CEO Jamie Dimon noted that the firm is experimenting with artificial intelligence in trading and research, with the...

Uzbekistan limits BTC mining to legal entities, solar power

Tech

Steve Kaaru

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6 October, 2023

Uzbekistan limits BTC mining to legal entities, solar power

The new government rules only allow miners to tap the grid in special cases, forbid the mining of dark coins...

UK plans to launch Digital Securities Sandbox in 2024

Business

James Field

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6 October, 2023

UK plans to launch Digital Securities Sandbox in 2024

Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as...

Hong Kong securities regulator to roll out framework on tokenizing investment assets

Business

Wahid Pessarlay

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5 October, 2023

Hong Kong securities regulator to roll out framework on tokenizing investment assets

The Securities and Futures Commission will soon release a framework centered on tokenizing investments, including stocks and bonds, in support...

Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’

Business

Steve Kaaru

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4 October, 2023

Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’

An ad-hoc committee probing Worldcoin called on the country’s regulators to shut down the project within seven days, including blacklisting...

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

Business

Steve Kaaru

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4 October, 2023

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb...

IMF proposes framework for assessing systemic risk of digital assets

Business

James Field

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4 October, 2023

IMF proposes framework for assessing systemic risk of digital assets

A paper from the International Monetary Fund outlines a framework for understanding and tracking systemic risks stemming from digital assets,...

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

Business

Steve Kaaru

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4 October, 2023

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies,...

ECB inches forward with plans for wholesale CBDC

Business

Wahid Pessarlay

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4 October, 2023

ECB inches forward with plans for wholesale CBDC

The European Central Bank explores blockchain technology for CBDC settlements, plans trial in 2024 while progressing toward digital euro with...

Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown

Business

James Field

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3 October, 2023

Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown

House Financial Services Chair McHenry reiterates commitment to stablecoin regulation amid shutdown threat, highlighting bipartisan support for 2023's Clarity for...

India, Australia to collaborate on blockchain and AI regulatory approaches

Business

Wahid Pessarlay

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1 October, 2023

India, Australia to collaborate on blockchain and AI regulatory approaches

India and Australia unite to shape global blockchain and AI regulations, focusing on ethical frameworks and uniform standards for 6G...

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