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Bloomberg: Hong Kong's New Crypto Rules Pave Uncertain Path to Digital Asset Hub
2.6.2023
Hong Kong's financial regulator finally implemented its new regulatory framework for crypto on the first of June.
Under the new rulebook, the city-state will allow retail investors in the city to trade specific “large-cap tokens” on licensed exchanges, given that safeguards such as knowledge...
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
2.6.2023
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
1.6.2023
The stablecoin is issued by a registered trust owned by First Digital
Hong Kong and UAE central banks collab on crypto rules, fintech development
31.5.2023
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’
19.5.2023
It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...
Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
18.5.2023
Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
16.5.2023
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant
Binance leaves Canada amidst new crypto rules
15.5.2023
Binance holds a prominent position across the globe in terms of crypto exchange platforms. Needless to say, the community expects things to work out in its favor every time, no matter the geographical region. However, if the recent announcement by the platform is anything to go by, then it appears...
Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation
23.4.2023
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions....
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
17.4.2023
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
5.4.2023
Lucy Gazmararian, an advisory board member to Hong Kong's securities regulator said its crypto rules may present short-term challenges to crypto startups
French Regulator Working to Clarify New Crypto Rules, Align With EU
1.3.2023
Don’t tar all crypto with the FTX brush, the head of the Financial Market Authority told lawmakers
Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings
25.2.2023
Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB)
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
Binance Recruits Brussels Lobbyist as EU Develops Crypto Rules
9.2.2023
The leading crypto exchange is seeking to extend influence as the company extends its push into the increasingly regulated bloc
Dubai Prohibits Privacy Coins Under New Crypto Rules
8.2.2023
The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate's new regulations for digital assets
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
3.2.2023
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
1.2.2023
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like...