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Search Results for: Virtual Assets Regulatory Authority

South Korea’s first digital asset law comes into force after year of finessing
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22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Singapore heightens risk factor of exchanges to counter terrorist financing
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5 July, 2024

Singapore heightens risk factor of exchanges to counter terrorist financing

While the Monetary Authority of Singapore has elevated the risk factor for digital asset exchanges, it noted that there are...
SEC sues Consensys over unregistered securities as Supreme Court defangs federal agencies
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2 July, 2024

SEC sues Consensys over unregistered securities as Supreme Court defangs federal agencies

The SEC filed a civil complaint against Consensys Software Inc. for failing to register as a securities broker and for...
Dubai appoints 22 Chief AI Officers for government offices to streamline operations
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1 July, 2024

Dubai appoints 22 Chief AI Officers for government offices to streamline operations

The 22 newly appointed CAIOs will be deployed to different government agencies in Dubai, leading across several sectors, including health,...
Nomura subsidiary Laser Digital obtains license to operate in the UAE
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26 June, 2024

Nomura subsidiary Laser Digital obtains license to operate in the UAE

The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...
Block reward mining activity remains legal in UAE but not on farm lands
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28 May, 2024

Block reward mining activity remains legal in UAE but not on farm lands

Adafsa calls block reward mining on farms a misuse of land, threatening a hefty penalty for those involved in the...
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