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Business

Seychelles’ new bill requires VASPs to have local offices, directors
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23 August, 2024

Seychelles’ new bill requires VASPs to have local offices, directors

Seychelles parliament has unanimously approved the new bill, making the Financial Services Authority the sector’s regulator and requiring VASPs to...
ICMA clarifies repurchase agreement for digital assets
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23 August, 2024

ICMA clarifies repurchase agreement for digital assets

The digital assets annex, developed in partnership with the ICMA and ISLA, provides a standardized framework for digital cash and...
‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch
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23 August, 2024

‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch

Public Citizen consumer advocacy group released a report titled ‘Big Crypto, Big Spending’ that showed ‘crypto corporations’ poured $119 million...
Ghana issues draft digital asset guidelines
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23 August, 2024

Ghana issues draft digital asset guidelines

The new guidelines require VASPs to obtain licenses from the SEC, abide by AML rules and report crimes while entitling...
Jamaica’s largest bank casts doubt on CBDC
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23 August, 2024

Jamaica’s largest bank casts doubt on CBDC

The National Commercial Bank, the only Jamaican bank that currently offers a CBDC wallet, says that while its digital banking...
Grab records impressive growth in Singapore after takeover row with local regulators
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23 August, 2024

Grab records impressive growth in Singapore after takeover row with local regulators

An overview of the report reveals that Singapore is responsible for a chunk of the positives trailing Grab's Q2 financials,...
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