Pakistan’s top digital asset regulator is calling for a more nuanced approach to evaluating cryptocurrency under Islamic law, following a meeting with one of the country’s most influential religious scholars whose recent ruling cast doubt on the legitimacy of crypto-based…
Key Takeaways The U.S. Commodity Futures Trading Commission (CFTC) on Thursday announced a “Crypto Sprint” initiative to accelerate the implementation of policy recommendations for digital asset markets. Acting Chairman Caroline D. Pham said the initiative will focus on turning the…
Key Takeaways Leading messaging app, Telegram, held $400 million in digital assets as of the end of last year, according to its 2023 financial statement. This latest development comes amid its founder, Pavel Durov, facing arrest in Paris. Incorporated in…
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…
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.
Saudi Aramco and SBI Holdings of Japan are contemplating collaborating on initiatives related to semiconductor manufacturing and digital asset investing.
Reports from the local community state that the FSS of South Korea is working on laws to add to the Virtual Asset Users Protection Act completed earlier this year.
The bill mandates that crypto companies operating in California must obtain a license.
The FBI seized digital assets worth about $1.7 million between March and May.
Oman is getting closer to implementing its virtual asset rules; the body in charge of the financial markets is now looking for feedback from the general public.
