Regulation

South Korea to launch a Digital Assets Committee in continued reaction to Terra’s collapse
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7 June, 2022

South Korea to launch a Digital Assets Committee in continued reaction to Terra’s collapse

The Digital Assets Committee is an initiative of the ruling People's Power Party as it intends to reorganize and broaden...
India digital currency consultation paper with IMF and World Bank coming soon
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5 June, 2022

India digital currency consultation paper with IMF and World Bank coming soon

The paper is a result of consultations made both with local digital currency industry key players and international organizations like...
Basel Committee to set new digital assets banking standards by end of 2022
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4 June, 2022

Basel Committee to set new digital assets banking standards by end of 2022

In a statement, the body said that it is currently working towards issuing its second consultation paper on the prudential...
Germany: BaFin reminds firms of digital securities license registration guidelines as deadline looms
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4 June, 2022

Germany: BaFin reminds firms of digital securities license registration guidelines as deadline looms

In a recently published leaflet by BaFin, the regulator stated that the for application for licenses would close on June...
UK Treasury proposes regulations to protect stablecoin users
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4 June, 2022

UK Treasury proposes regulations to protect stablecoin users

Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a...
Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated
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3 June, 2022

Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated

The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that...
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