Namibia’s Landmark Crypto Assets Bill Gets Signed As Law
The bill, which aims to supervise and regulate virtual asset service providers and related activities, was officially signed by President Hage Geingob on July 14
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Latest firstRussia Takes a Step Forward with Digital Ruble as Putin Signs CBDC Bill into Law
Key Takeaways In a significant move towards modernizing its financial landscape, Russian President Vladimir Putin has signed the digital ruble bill into law. The enactment grants legal authority to the country’s central bank, the Bank of Russia, to issue its…
US Congressman Calls for Swift Ban on CBDCs, Compares Them To Death Stars
Davidson argued that CBDCs could become tools for coercion and control, paving the way for a dark future that violates data privacy rights and undermines individual freedoms.
US Senate Introduces Bipartisan Bill to Regulate DeFi and Address Crypto Security Risks
Bipartisan legislation that would tighten KYC, AML, and Sanctions standards for DeFi was presented to the Senate with support from US Senator Jack Reed.
Kuwait Implements Ban on Crypto and Virtual Assets
Key Takeaways Kuwait’s financial landscape underwent a significant transformation on July 18, 2023, as the Capital Markets Authority (CMA), the main financial regulator in the country, issued a circular addressing the supervision and issuance of virtual assets. The circular confirmed…
Global Crypto Framework: FSB Finalizes Recommendations for Regulation
The FSB has developed a global regulatory framework for cryptocurrency.
South Korea’s FSC Mandates Crypto Holding Disclosures for Companies
The South Korean government continues to create stricter regulations for the crypto business.
Dubai’s VARA Takes Enforcement Action Against BitOasis
VARA stated that BitOasis will not be eligible to apply for the Full Market Product License until it successfully meets all the necessary condition
Danish Regulator Halts Saxo Bank’s Crypto Trading Activities
Saxo Bank has been ordered by the Danish Financial Supervisory Authority (Danish FSA) to liquidate every cryptocurrency it owns.
UK Bill to Seize Crypto in Criminal Cases Moves Closer to Law
The bill aims to enhance law enforcement agencies ability to seize and freeze crypto assets linked with money laundering activities.