Regulatory Updates
HKEX is the first exchange to list an ETF investing in metaverse-linked stocks 20 February 2022
CSOP Asset Management, a Hong Kong-based investment manager, launched its Metaverse Concept exchange-traded fund (ETF) on 21st February making it...
India plans to issue its CBDC and tax private crypto 14 February 2022
The Finance Minister of India, Nirmala Sitharaman, said recently that discussions are being conducted with the Reserve Bank of India (RBI) on...
Russia will regulate Bitcoin as currency 9 February 2022
The Russian government and the Central Bank of Russia have agreed on their approach to regulating cryptocurrencies after months of speculation about...
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...