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Regulation

EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
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20 February, 2024

EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC

EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it...
EU AI Act paves the way for regulatory clarity—what does it mean?
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19 February, 2024

EU AI Act paves the way for regulatory clarity—what does it mean?

While critics think that the European Union is over-regulating again with its AI Act, others see this as an advantage...
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
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18 February, 2024

South Korea to ban unfit exchanges as it ramps up digital asset scrutiny

A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew...
MiCA’s treatment of systemic stablecoins is counterproductive for EU: report
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16 February, 2024

MiCA’s treatment of systemic stablecoins is counterproductive for EU: report

Under MiCA, a stablecoin is regarded as of systemic importance if it has over 10 million holders, has over €5...
Isle of Man weighs tougher digital asset regulations
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15 February, 2024

Isle of Man weighs tougher digital asset regulations

The island is considering including ‘crypto’ under the definition of investment, which would subject virtual asset service providers (VASPs) to...
Kenya’s IT industry rejects robotics and AI bill
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14 February, 2024

Kenya’s IT industry rejects robotics and AI bill

Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful...
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