Namibia unveils new legal framework for digital asset providers
Namibia has enacted the Namibia Virtual Assets Act 2023 to regulate virtual asset service providers (VASPs), indicating a shift from the prior digital currency ban.
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South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual currencies and CBDC and should not be used interchangeably.
New Jersey bill seeks to regulate digital currency firms
The Digital Asset and Blockchain Technology Act seeks to bring digital currencies under the oversight of the state’s Department of Banking and Insurance.
5 ICO projects may soon launch in Thailand, regulator says
The SEC is poised to approve five ICO projects to register for fundraising procedures as soon as the organic law of Thailand's digital asset decree takes effect in late June.