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Regulation

Hong Kong issues warning against digital asset firms claiming to be banks
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20 September, 2023

Hong Kong issues warning against digital asset firms claiming to be banks

The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with...
Brazilian regulators join group of nations in creating comprehensive AI rules
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19 September, 2023

Brazilian regulators join group of nations in creating comprehensive AI rules

Brazil's Senate Commission on AI embarks on a plan for comprehensive AI regulations, initiating the rollout of inaugural AI law...
IMF’s CBDC blueprint calls for ‘paced and iterative’ approach among banking regulators
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19 September, 2023

IMF’s CBDC blueprint calls for ‘paced and iterative’ approach among banking regulators

IMF seeks to guide banking regulators on CBDCs for local economies, emphasizing phased, iterative, and jurisdiction-specific approaches.
CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
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19 September, 2023

CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi

In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets...
EU parliament passes DAC8 digital asset tax reporting rule
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18 September, 2023

EU parliament passes DAC8 digital asset tax reporting rule

The DAC8, which is expected to come into force in 2026, aims to provide EU tax authorities with the right...
The Swiss DLT: Making the case for amendments, not overhaul
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18 September, 2023

The Swiss DLT: Making the case for amendments, not overhaul

The Swiss DLT Act doesn't address all aspects of blockchain or digital assets but provides a legal foundation for integrating...
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