by Theresa Joy Lacatan | Sep 3, 2024 | Blog News, Crypto News
On 20 August, 2024, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) issued Consultation Paper No. 7, proposing a regulatory framework for the issuance of Fiat-Referenced Tokens (FRTs). This paper outlines regulations for these...
by Theresa Joy Lacatan | Sep 3, 2024 | Blog News, Crypto News
The Hong Kong Monetary Authority (HKMA) has concluded its investigation into WeChat Pay Hong Kong Limited (WPHK), resulting in a HK$875,000 penalty for violations under the Payment Systems and Stored Value Facilities Ordinance (PSSVFO). The penalty was imposed for...
by Theresa Joy Lacatan | Sep 3, 2024 | Blog News, Crypto News
On 29 August 2024, the Commodity Futures Trading Commission (CFTC) granted Kalshi Klear LLC an Order of Registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA). Kalshi’s affiliate, KalshiEx LLC, was already registered as...
by Theresa Joy Lacatan | Sep 2, 2024 | Blog News, Crypto News
On 29 August 2024, the Bank of Latvia extended an invitation to crypto-asset service providers (CASPs) and consulting service providers to engage in pre-licensing consultations as they prepare to comply with the forthcoming European Union (EU) Markets in Crypto-Assets...
by Theresa Joy Lacatan | Aug 30, 2024 | Blog News, Crypto News
On 28 August, 2024, the Hong Kong Monetary Authority (HKMA) officially launched the Project Ensemble Sandbox today, for the practical adoption of tokenisation within the financial industry. The launch ceremony introduced four key themes for the initial round of...
by Theresa Joy Lacatan | Aug 30, 2024 | Blog News, Crypto News
On 28 August, 2024, the U.S. Securities and Exchange Commission (US SEC) announced new amendments to reporting requirements for certain registered investment companies, aimed at improving transparency and regulatory oversight. These changes, which affect Form N-PORT...
United States CFTC Issues No-Action Relief for QCX Event Contracts
United States SEC Institutes Administrative Proceedings Against Agri-Fintech Holdings for Filing Delinquencies
US CFTC and SEC Staff Clarify Rules on Trading of Spot Crypto Asset Products
United States SEC and CFTC Issue Joint Staff Statement on Spot Crypto Asset Trading
United States CFTC Issues Advisory Clarifying FBOT Registration for Non-U.S. Exchanges