Australian Regulator Developing Outcome-Based Crypto Policies
The ASIC will concentrate on the intended regulatory results as it approaches developing and implementing several regulatory reforms for the crypto industry.
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Latest firstUK Regulator to Intensify Crackdown on Crypto Market Abuse
The FCA of the UK will strengthen its capacity to combat market abuse in the crypto space and support the implementation of a reasonable market abuse policy.
IMF Urges Pakistan to Tax Crypto Profits for $3B Bailout Fund
Key Takeaways The International Monetary Fund (IMF) has made significant recommendations for tax reforms in Pakistan, aiming to enhance revenue generation and stabilize the economy amidst multifaceted challenges. Among these proposals is the expansion of the Capital Gains Tax (CGT)…
Nigeria’s SEC Aims to Increase Crypto Exchange Registration Capital Requirement
Key Takeaways Nigeria’s Securities and Exchange Commission (SEC) is proposing significant amendments to crypto regulations, aiming to raise registration fees for crypto exchanges substantially. The proposed increase would see the registration fee spike from 30 million naira ($18,620) to 150…
Dubai’s DIFC Enacts New Digital Assets Law, New Securities Law
Key Takeaways The Dubai International Financial Centre (DIFC) has introduced a pioneering set of laws aimed at regulating digital assets, marking a significant development in the global financial landscape. The newly enacted Digital Assets Law, along with the Security Law…
South Africa’s FSCA Goes on Crypto Exchange Licensing Spree
Key Takeaways South Africa’s Financial Sector Conduct Authority (FSCA) has given the green light to 59 license applications from cryptocurrency platforms, marking a significant step in regulating digital assets in the country. Since the introduction of its new framework last…
FDIC Urges Enhanced Digital Asset Policy to Conserve US Influence
In a speech on March 11, the US FDIC warned that if blockchain technology regulation is handled poorly, bank clients and the US economy may lose out on prospects.
Wyoming Passes Law Granting Legal Framework to DAOs
Key Takeaways Wyoming Governor Mark Gordon has signed a groundbreaking bill into law, laying the groundwork for the establishment and management of decentralized autonomous organizations (DAOs). This move marks a significant step forward in the state’s embrace of blockchain technology.…
US Senator Cynthia Lummis Proposes Legislation to Regulate Stablecoins
US Senator Cynthia Lummis is drafting legislation on stablecoins, a kind of cryptocurrency whose value is based on real-world assets to maintain price stability.
Arizona Senate Considers Bitcoin ETFs for State Retirement Systems
Key Takeaways The Arizona State Senate is currently mulling over a proposal that could potentially shake up the investment landscape for the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS). This proposal suggests delving into…