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regulation

South Korea financial regulator wants digital asset firms to disclose holdings
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19 July, 2023

South Korea financial regulator wants digital asset firms to disclose holdings

The new disclosure requirement is geared toward creating "more consistent and clear information about companies that issue or hold virtual...
UK bill designed to keep children safe online should cover metaverse
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18 July, 2023

UK bill designed to keep children safe online should cover metaverse

U.K. spokesman for the digital economy Timothy Clement-Jones argues that failing to include environments such as the metaverse in the...
Proposed Digital Asset bill would weaken protections and open door to unregistered players: lobby letter
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17 July, 2023

Proposed Digital Asset bill would weaken protections and open door to unregistered players: lobby letter

Signatories of the DAMS Draft bill argue that the proposed legislation would slash regulatory oversight of the highly volatile digital...
UK digital asset regulation: Gambling or finance?
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17 July, 2023

UK digital asset regulation: Gambling or finance?

Proposals to integrate digital assets into U.K. financial regulation were briefly plunged into doubt by the Treasury Select Committee in...
China updates draft rules governing generative AI platforms
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16 July, 2023

China updates draft rules governing generative AI platforms

The latest changes in the initial rules seek to control the use of AI platforms that are reportedly not in...
EU financial regulator publishes first post-MiCA proposals for digital asset service providers
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14 July, 2023

EU financial regulator publishes first post-MiCA proposals for digital asset service providers

MiCA will come into force in 2024, but the June 11 consultation is further evidence of a ramping up of...
South Korea: Financial regulator wants staff to disclose digital currency holdings
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14 July, 2023

South Korea: Financial regulator wants staff to disclose digital currency holdings

South Korea’s Financial Services Commission move is in response to the request of the country’s Anti-Corruption and Civil Rights Commission.
BitOasis license in Dubai suspended over non-compliance
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13 July, 2023

BitOasis license in Dubai suspended over non-compliance

Dubai's VARA announced on July 10 that the conditional license issued to BitOasis will remain "non-operational" until the exchange regularizes...
UK: Bulk of digital currency firm license applications rejected by FCA
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12 July, 2023

UK: Bulk of digital currency firm license applications rejected by FCA

The financial regulator argues that its AML/CFT laws on "crypto assets" would help bring extra credibility to the U.K., a...
Philippines steps up digital asset regulation to boost investment hub bid
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12 July, 2023

Philippines steps up digital asset regulation to boost investment hub bid

The Philippines securities regulator is banking on heightened digital asset regulations to boost its capital markets as it tries to...
Bittrex charged in Florida over failure to segregate customer assets before bankruptcy
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11 July, 2023

Bittrex charged in Florida over failure to segregate customer assets before bankruptcy

The Florida financial watchdog charged the exchange in April, but Bittrex wanted the charges dropped, and in return, it would...
Namibia passes bill to regulate local digital currency industry
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10 July, 2023

Namibia passes bill to regulate local digital currency industry

Under the new law, the country’s finance minister has the power to appoint entities to serve as the regulatory authority,...