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.
The FSC chairman highlighted the legislation's upcoming markup to provide legal certainty for digital assets.
Retail virtual asset trading will be available in the administrative region thanks to ZA Bank, a Hong Kong-based company.
U.S. lawmakers unveiled a bill that, in part by using the newly invented term "investment contract asset," seeks to explain how digital assets are labeled.
A law requiring bitcoin exchanges to maintain reserves sizable enough to satisfy any client debts was approved by the Texas House of Representatives.
After several unsuccessful attempts, the South Korean National Assembly is now anticipated to approve its regulation of the digital asset market in April, according to a report.