regulation Archives

EU consultation on MiCA implementation launching in July

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19 June, 2023

EU consultation on MiCA implementation launching in July

The consultation set for July regarding the provisions contained within MiCA will revolve around data needed to obtain a permit,...

Business

Jerry Chan

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19 June, 2023

SEC and ‘crypto’—the first domino

With the latest SEC lawsuits, Binance and other exchanges are in hot water, legally and business-wise, as most reasonable investors...

Brazil’s new law appoints central bank, securities watchdog as digital asset regulators

Business

Steve Kaaru

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19 June, 2023

Brazil’s new law appoints central bank, securities watchdog as digital asset regulators

The CVM and Brazil's central bank will regulate tokens considered to be securities and VASPs, respectively, as Brazil seeks to...

Hong Kong wants public’s input on stablecoin regulation

Business

Wahid Pessarlay

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18 June, 2023

Hong Kong wants public’s input on stablecoin regulation

Hong Kong’s Undersecretary for Financial Services and the Treasury, Joseph Chan Ho-lim, said the public consultation will form the basis...

EU Parliament passes AI Act with member states set to iron out details

Business

Wahid Pessarlay

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17 June, 2023

EU Parliament passes AI Act with member states set to iron out details

The majority of MEPs backs the proposed AI Act, which if passed, would help the AI industry in Europe comply...

SEC v Ripple: No smoking gun in Hinman docs

Business

Jordan Atkins

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16 June, 2023

SEC v Ripple: No smoking gun in Hinman docs

Ripple execs are hyping up the U.S. SEC communications relating to a speech given by Bill Hinman in 2018, in...

House Committee tackles draft bills to redefine regulation, enforcement of digital assets and stablecoins

Business

James Field

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16 June, 2023

House Committee tackles draft bills to redefine regulation, enforcement of digital assets and stablecoins

U.S. House Committee members give differing takes on two proposed bills focused on regulating digital assets amid the tug-of-war between...

Banks are finally showing interest in permissionless public blockchains

Business

Gavin Lucas

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16 June, 2023

Banks are finally showing interest in permissionless public blockchains

From crypto, authorities are now looking to enforce rules on public blockchains amid growing interests among banks to use the...

Nigeria’s 10% digital asset tax gets mixed reactions

Business

Steve Kaaru

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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

Business

Wahid Pessarlay

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15 June, 2023

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

NAFCU argued that regulatory guidelines for a digital dollar could only be achieved in consultation with Congress and stakeholders, including...

OECD rolls out new tax standards for digital currencies and CBDCs

Business

Wahid Pessarlay

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14 June, 2023

OECD rolls out new tax standards for digital currencies and CBDCs

Dubbed the Crypto-Asset Reporting Framework, the new tax reporting standard by the Organization for Economic Cooperation and Development received input...

Philippines eyes digital banks as key to achieving financial inclusion

Business

Ana Peligro

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14 June, 2023

Philippines eyes digital banks as key to achieving financial inclusion

Leading experts in the financial and banking sectors convene for the FinTech Revolution Summit to discuss other areas the government...

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