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📡 Latest Regulation News

Binance Secures Full Virtual Asset Service Provider License in Dubai

Binance Secures Full Virtual Asset Service Provider License in Dubai

April 18, 2024 Dubai VARA Binance

Binance, the world's largest crypto exchange by trading volume, has been granted a full virtual asset service provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks a major step forward for both Binance and Dubai's growing virtual asset ecosystem, as

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

Dubai's VARA Looks to Simplify Compliance for Small-Scale Virtual Asset Operators

April 17, 2024 Dubai VARA Virtual Assets

Dubai's Virtual Asset Regulatory Authority (VARA) is taking steps to make it easier for smaller virtual asset companies to operate in the emirate. The regulator plans to reduce the financial burdens these firms face in an effort to create a more supportive environment for their operations. Speaking at

Singapore Enhances Framework for Virtual Assets and Expands Payment Services Oversight

Singapore Enhances Framework for Virtual Assets and Expands Payment Services Oversight

April 3, 2024 Singapore Virtual Assets Stablecoin

The Monetary Authority of Singapore (MAS) has announced sweeping amendments to the Payment Services Act. The expanded scope of regulated payment services in Singapore aims to provide a clear and supportive framework for the rapidly evolving virtual asset ecosystem, while safeguarding the interests of consumers and businesses. Key Amendments to

Virtual Asset Regulations Worldwide

Virtual Asset Regulations Worldwide: A Comprehensive Overview

April 1, 2024 Virtual Assets Cryptocurrency Regulation

Explore the global landscape of virtual asset regulations, including stablecoin policies and licensing requirements across various jurisdictions.

New SEC Rule Raises Concerns for DeFi

New SEC Rule Raises Concerns for DeFi

March 25, 2024 DeFi Market Maker Liquidity Provider

"How Can a Software Protocol Register as a Dealer?" The SEC has announced a new rule that amends the definition of securities "dealer" in a way that may impact DeFi.

As World Awaits Decision on Ethereum ETFs, ETH Faces Regulatory Scrutiny

As World Awaits Decision on Ethereum ETFs, ETH Faces Regulatory Scrutiny

March 21, 2024 Ethereum Ethereum ETF ETF

SEC probes Ethereum Foundation and crypto companies to determine if Ethereum should be classified as a security. Spot Ether ETF approvals in doubt as SEC delays decision until May 26 deadline. Classification as a security would subject Ethereum to stricter regulatory oversight

90 Jurisdictions Open Their Doors to Virtual Assets

90 Jurisdictions Open Their Doors to Virtual Assets

March 14, 2024 Virtual Assets VASP Regulation

The virtual asset landscape is evolving, with 151 jurisdictions worldwide making significant decisions about the future of cryptocurrencies and Virtual Asset Service Providers (VASPs). Survey Overview: Virtual Assets The global stance on virtual assets and VASPs is largely secure, with 90 jurisdictions opting to permit and regulate the use of

Dubai International Financial Centre Announces New Digital Assets Law

Dubai International Financial Centre Announces New Digital Assets Law

March 14, 2024 Dubai DIFC Virtual Assets

The Dubai International Financial Centre (DIFC) has enacted new legislation to provide a comprehensive legal framework for digital assets. The DIFC Digital Assets Law, which was announced March 13, 2024, is the first law globally to define the legal status of digital assets and regulate their use. Key points of

Hong Kong Launches Stablecoin Sandbox

Hong Kong Launches Stablecoin Sandbox

March 13, 2024 Hong Kong Stablecoin Virtual Assets

The Hong Kong Monetary Authority (HKMA) has launched a regulatory sandbox for stablecoin issuers. The sandbox launch ties in with the recently concluded public consultation on implementing a regulatory regime for stablecoin issuers in Hong Kong.

VARA's CEO on Virtual Assets in Dubai: Investment Brakes Come Off

VARA's CEO on Virtual Assets in Dubai: Investment Brakes Come Off

March 8, 2024 VARA Dubai Virtual Assets

* On VARA's Strategic Role: Matt White explains the importance of having "the right brokers, right custodians, and enabling them to have the right suite of products to service a virtual assets market," highlighting the necessity of a well-equipped market infrastructure. * Regarding Expansion into New Market Segments:

Cayman Islands Using GitHub for Virtual Asset Legislation

Cayman Islands Using GitHub for Virtual Asset Legislation

March 6, 2024 Cayman Islands Virtual Assets VASP

The Cayman Islands, a global hub known for financial services, is charting a novel course in legislative process and public engagement. In a move emblematic of its innovative spirit, the Ministry of Financial Services is leveraging GitHub, a platform at the heart of software development, to facilitate public consultation on

South Korea and SEC's Gensler to Discuss Virtual Assets

South Korea and SEC's Gensler to Discuss Virtual Assets

February 27, 2024 South Korea Virtual Assets NFTs

In the rapidly evolving finance sector, South Korea is leading with pioneering innovations and regulations in the virtual asset domain. As we navigate the expanding virtual landscape, South Korea is gearing up for pivotal decisions that will significantly influence the future of virtual assets, including non-fungible tokens (NFTs) and Bitcoin