Australia Introduces Classification for Crypto Assets
Australia’s national regulators have identified four major products in the crypto sector.
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Indonesia Delays Launch of National “Crypto Stock” Exchange
Indonesian government delays launch of the controversial “crypto stock” exchange until risks are properly mitigated.
Montenegro to Create CBDC with Ripple
The southeastern European country has partnered with Ripple to develop its own CBDC.
RegTech Konsentus Launches in Saudi Arabia
Open Ecosystem RegTech provider, Konsentus, launches in its first MENA regional market – Saudi Arabia – to offer open data infrastructure and technology services to regulators and FS providers
ISDA Addresses Crypto Risks
The International Swaps and Derivatives Association (ISDA) is working on two papers to inform crypto market participants of legal risks pertinent to the cryptocurrency market and offer guidance
Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares
The private bank has partnered with digital assets platform Taurus to issue and manage its tokenized shares.
Binance Is Now Fully Compliant With Polish Crypto Regulations
Binance branch in Poland is now fully compliant with local regulatory standards for virtual asset service providers
Over 1% of Binance Tokens Just got Burned
BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.
Binance Launches Institutional Trading Platform
Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.
Thai SEC Introduces Crypto Custody Requirements
The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies
EU Postpones MiCA Crypto Regulation Vote to April
EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions
Updates On Case Deciding the Future of Crypto
The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]
ECB Executive Urges to Assimilate Crypto with Gambling
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
Meta Disputes $400M Fine over Personalised Ads
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
Indonesia to Create a National Crypto Exchange in 2023
Indonesia makes moves to reform national regulation of the crypto industry, aims to create a crypto exchange this year
UK Offers Tax Exemption for Foreign Crypto Investors
Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax
