Regulatory Updates
Russian regulator registers nation’s first digital asset manager 4 February 2022
The Bank of Russia has announced its registration of Atomyze, a tokenisation service, making it the country’s first registered digital asset...
China pilots nationwide blockchain development 31 January 2022
The Cyberspace Administration of China (CAC) has announced efforts to expedite blockchain development and innovation across 15 zones and 164...
South Korea completes first phase of CBDC pilot 24 January 2022
The Bank of Korea, the Republic of Korea’s central bank, has successfully completed the first phase of its central bank digital currency (CBDC)...
Singapore restricts public crypto advertising 17 January 2022
The Monetary Authority of Singapore (MAS) issued a new set of guidelines for digital payment token (DPT) providers on 17 January. The new...
Bank of Jamaica plans CBDC roll out in 2022 3 January 2022
The Bank of Jamaica (BoJ) has successfully completed testing of its central bank digital currency (CBDC). Having conducted initial CBDC prototype...
Russia may impose blanket crypto ban in 2022 17 December 2021
Speaking at a press conference on 17 December, the Russian Central Bank governor raised the possibility of a blanket ban on cryptocurrency-related...
South Africa plans to adopt crypto regulation to protect investors 10 December 2021
South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), is reportedly planning to introduce a regulatory framework...
Reserve Bank of Australia reports on Wholesale CBDC Research Project 8 December 2021
The Reserve Bank of Australia, Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys, with input from King & Wood Mallesons, have...
Singapore’s regulator suspends crypto exchange’s licence over misleading promotion 6 December 2021
The Monetary Authority of Singapore has suspended the licence of Bitget, the Singapore-based crypto exchange following a dispute over its promotion...
US Congress will hold a hearing on digital assets with CEOs of major crypto firms 2 December 2021
The chair of the House Committee on Financial Services of the US Congress has announced that the chief executive officers of several major US crypto...
The EU moves towards crypto regulation 25 November 2021
The European Council has taken a position on two proposals that are part of its digital finance package: the Regulation on Markets in Crypto Assets...
Israel adopts new AML rules for crypto 17 November 2021
According to local news agencies, Israel has adopted new regulations for the cryptocurrency industry aimed at combatting illegal activities such as...