European Union finalizes law for DLT-backed tokenized securities pilot regime
The European Parliament and Council have finalized laws that will regulate a planned pilot project to test the use of blockchain technology for tokenized securities.
The European Parliament and Council have finalized laws that will regulate a planned pilot project to test the use of blockchain technology for tokenized securities.
Galymzhan Pirmatov notes that the institution is carefully studying the digital currency market and is set to unveil some of its plans before 2022 ends.
The Securities and Futures Commission stated that NFT issuers in Hong Kong or those targeting its investors must acquire a license if their tokens meet specific criteria.
The digital asset community must face the fact that so long as Binance continues to act as the poster boys for ‘crypto’ criminality, mainstream acceptance just isn’t going to happen.
CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. recently joined Rob Kientz on Gold Silver Pros to talk about Bitcoin, the digital currency markets, regulations, stablecoins, and much more.
IRA Financial has sued Gemini, claiming the exchange is to blame for the February hack in which its customers lost $21 million in BTC and $15 million in ETH.
The Digital Assets Committee is an initiative of the ruling People's Power Party as it intends to reorganize and broaden the Special Committee on Virtual Assets created in May as an emergency response to Terra's UST and LUNA tokens' crash.
The paper is a result of consultations made both with local digital currency industry key players and international organizations like the IMF and the World Bank.
In a statement, the body said that it is currently working towards issuing its second consultation paper on the prudential treatment of banks' digital assets exposure.
In a recently published leaflet by BaFin, the regulator stated that the for application for licenses would close on June 10, 2022.
Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a threat to financial stability should systemic failures occur.
The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that they must be regulated.