Regulation

China’s Hainan urges service providers to seek approval from regulators amid renewed interest in NFTs
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2 February, 2023

China’s Hainan urges service providers to seek approval from regulators amid renewed interest in NFTs

NFT firms in China are mandated to register before offering their products to the public—a move claimed will prevent the...
Yuval Harari and Craig Wright—a comparison regarding data
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1 February, 2023

Yuval Harari and Craig Wright—a comparison regarding data

Once data enters Bitcoin, it becomes public; yes, we can encrypt it, but we keep track of it because Bitcoin...
Panama Supreme Court to rule over the applicability of digital currency legislation
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31 January, 2023

Panama Supreme Court to rule over the applicability of digital currency legislation

If approved, the new virtual currency legislation aims to make Panama "compatible with the digital economy, blockchain, crypto assets, and...
SEC commissioner urges private placement reform after FTX failures
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31 January, 2023

SEC commissioner urges private placement reform after FTX failures

A private placement is the sale of securities to pre-selected, accredited investors as opposed to an offering on public markets...
EU wants banks to back every digital asset held with fiat in new prohibitive measures
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30 January, 2023

EU wants banks to back every digital asset held with fiat in new prohibitive measures

EU legislators voted in favor of a draft bill that seeks to impose new prohibitive measures to curtail banks’ involvement...
85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says
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30 January, 2023

85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says

The FCA revealed that 5% of firms that had applied for authorization were accepted on the first attempt, while 85%...
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