Regulatory Updates

Thailand’s Securities and Exchange Commission (SEC) is seeking public comments on draft regulation prohibiting operators of digital asset businesses...

A bill providing for stricter licensing rules for new cryptocurrency firms has been passed by the French National Assembly and Senate and now needs...

The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use...

Hong Kong’s Securities and Futures Commission (the SFC) is hiring more staff to supervise crypto industry activities. According to its 2023-24...

The UK Treasury has published a consultation paper on the “Future financial services regulatory regime for cryptoassets” setting out proposals for...

The Central African Republic (CAR) has set up a 15-member committee to draft a bill on the use of cryptocurrencies and tokenisation in the country....

The Bank of Thailand has disclosed plans to allow virtual banks to operate in the country. It is expected that the first virtual banks will be...

TAt the end of December, the Italian senate approved its budget for 2023, which included an increase in taxation for crypto investors. A new tax at...

The UK Treasury is reportedly finalising a package of guidelines that will increase regulatory scrutiny of the crypto industry and enable the...

The Chamber of Deputies, a national Parliament of Brazil, has approved a bill that legalises the use of cryptocurrencies as a payment method within...

The Reserve Bank of India (RBI) is going to conduct the retail pilot of the “digital rupee”, having previously tested the wholesale usage of its...

The Financial Secretary of Hong Kong, Mr. Paul Chan, called for a stronger focus on transparency and proper supervision when dealing with virtual...