Regulation

Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...
EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling
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15 May, 2023

EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling

Two committees in the European Parliament voted for the amended AI Act to crack down on biometric surveillance, emotion recognition,...
EU to extend tax data-sharing rules to digital assets
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15 May, 2023

EU to extend tax data-sharing rules to digital assets

Under the proposed DAC8, entities and individuals seeking to provide digital asset services in the EU would be mandated to...
Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators
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15 May, 2023

Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators

Web3 investment firm CoinFund announced a white paper outlining a proposed way forward for digital asset regulation in the United...
FCA continues to crack down on unregistered digital currency ATMS in UK
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14 May, 2023

FCA continues to crack down on unregistered digital currency ATMS in UK

The regulator conducted a joint operation with United Kingdom’s local police departments in Exeter, Nottingham, and Sheffield, where it uncovered...
India supports blockchain but insists digital currency should be regulated: Nirmala Sitharaman
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13 May, 2023

India supports blockchain but insists digital currency should be regulated: Nirmala Sitharaman

India's Finance Minister Nirmala Sitharaman clarified that despite the country's tough stance on digital currency, the government would continue to...
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