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UK's Bank Regulator to Propose Rules for Digital Asset Issuance

UK's Bank Regulator to Propose Rules for Digital Asset Issuance

The Prudential Regulatory Authority (PRA) in the United Kingdom is set to propose rules for issuing and holding digital assets, according to Vicky Saporta, executive director of the Prudential Policy Directorate at the Bank of England. The rules will be developed in compliance with the Basel III rules and the Financial Services and Markets (FSM) bill currently being considered by Parliament.

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

Russia’s Central Bank Will Ban Crypto Issuance and Trading in Upcoming “Digital Financial Assets” Bill

Russia’s Central Bank Will Ban Crypto Issuance and Trading in Upcoming “Digital Financial Assets” Bill

Alexey Guznov, head of the legal department at Bank of Russia, says that the new version of the delayed bill on “Digital Financial Assets” will include a ban on issuance and selling of cryptos in the country.

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Japan’s government seeks to appoint crypto-friendly leader Ryozo Himino as the next commissioner of the country’s Financial Services Agency.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges

South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.

India’s Crypto Bill Hearing Postponed by Supreme Court

India’s Crypto Bill Hearing Postponed by Supreme Court

The Indian supreme court has set a new date to hear the crypto case, which was originally scheduled for July 23. The purpose of the hearing was to address the writ petitions against the central bank’s crypto restriction.

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Senator Andrew Bragg: Blockchain Can 'Rebuild Confidence' in Financial Services

Australian Liberal Senator Andrew Bragg has expressed optimism on the potential of blockchain technology to help ‘Rebuild Confidence’ in the financial services sector

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