Key Takeaways U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger emphasized the need for standardized crypto regulations. She was giving a speech at the North American Blockchain Summit on November 21. Mersinger pointed to recent enforcement efforts, such as…
Key Takeaways On October 28, the Hong Kong Financial Services and Treasury Bureau (FSTB) announced new guidelines designed to enhance the integration of artificial intelligence (AI) within the financial services sector. During a keynote address at Fintech Week, Christopher Hui,…
Key Takeaways On October 9, Dubai’s Virtual Assets Regulatory Authority (VARA) announced it had issued fines and cease-and-desist orders to seven crypto businesses for violating marketing regulations and operating without proper licenses. The crypto watchdog, however, has not revealed the…
Key Takeaways The South Korean Ministry of Economy and Finance is evaluating new measures to regulate cross-border transactions involving stablecoins and other virtual assets. The ministry highlighted that while stablecoins are currently used mainly within the cryptocurrency ecosystem, they could…
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) is preparing to grant additional licenses to cryptocurrency businesses by the close of 2024, according to an October 7 report from local news outlet Hong Kong 01. This comes after…
Key Takeaways Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs). As per the announcement, the policy grants institutional investors, high-net-worth individuals, and other professionals the ability to…
Key Takeaways The Canadian Securities Administrators (CSA) have extended the deadline for cryptocurrency trading platforms to comply with updated stablecoin regulations. Initially set for October 31, 2024, the new deadline is now December 31, 2024. The extension was granted due…
Key Takeaways Australian regulators are preparing new legislation that will require cryptocurrency exchanges to obtain financial services licenses. The move comes as part of a broader effort by the Australian Securities and Investments Commission (ASIC) to align the growing crypto…
Key Takeaways The Hong Kong Securities and Futures Commission (SFC) has granted a digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) on August 27. This approval comes even though the official deadline for submitting applications passed…
The OECD crypto reporting system is set to be implemented with a new proposal from the Minister of Revenue in New Zealand.
