Source: Cointelegraph The bill includes licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protections. Hong Kong’s proposed Stablecoins Bill has entered the Legislative Council, moving the region closer to forming a comprehensive regulatory regime for stablecoins. On Dec. 6, the Hong Kong government published the bill in the special administrative region’s… Continue reading Hong Kong Stablecoins Bill Advances to the Legislative Council
Tag: Regulation
Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Source: Cointelegraph The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others. Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing. The ETF seeks… Continue reading Trump-linked Strive Files for ‘Bitcoin Bond’ ETF
Big victory in Tornado Cash case as judge says OFAC exceeded authority
Source: Cointelegraph A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN. Tornado Cash users have scored a major victory in a United States appeals court after a three-judge panel found the Treasury’s sanctions against the crypto mixer’s immutable smart contracts… Continue reading Big victory in Tornado Cash case as judge says OFAC exceeded authority
Denmark Tax Council recommends bill to tax unrealized crypto gains
Source: Cointelegraph Denmark’s Tax Law Council has recommended introducing a bill that would tax unrealized gains and losses on crypto assets beginning as early as 2026. Denmark’s Tax Law Council recommended introducing a bill that could potentially tax unrealized gains and losses on crypto assets held by Danish crypto investors beginning as early as 2026.… Continue reading Denmark Tax Council recommends bill to tax unrealized crypto gains
Zanzibar’s new blockchain sandbox aims to drive tech startup growth
Source: Cointelegraph The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July. The government of Zanzibar has opened a blockchain sandbox to encourage tech startups, according to a local press report. The semi-autonomous region of the United Republic of Tanzania is calling its sandbox the National Blockchain Sandbox. The… Continue reading Zanzibar’s new blockchain sandbox aims to drive tech startup growth
UK believes trial to embrace digital securities can protect ‘market integrity’
Source: Cryptoslate FCA and Bank of England detail new policy changes and flexible firm-specific limits for Digital Securities Sandbox participants. The UK’s Financial Conduct Authority (FCA) and the Bank of England have officially launched the next phase of their Digital Securities Sandbox (DSS), enabling firms to explore distributed ledger technology (DLT) and tokenized securities within… Continue reading UK believes trial to embrace digital securities can protect ‘market integrity’
Join this Insightful Panel “BDO and HKSA Joint event – Panel Discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024
Source: Coinstreet LinkedIn Join us for an insightful panel “BDO and HKSA joint event – Panel discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024 on the exciting world of virtual assets! As traditional security participants in Hong Kong, you won’t want to miss this opportunity to explore… Continue reading Join this Insightful Panel “BDO and HKSA Joint event – Panel Discussion: Virtual Assets – Business Opportunities and Challenges for Traditional Security Participants” on 1 August 2024
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
Source: Cointelegraph The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox. A day after winding up the consultation period on stablecoin issuer regulations, the Hong Kong Monetary Authority (HKMA) announced the first participants in its stablecoin issuer sandbox. They are a company linked to a large Chinese e-commerce… Continue reading Animoca, Standard Chartered team up in HKMA stablecoin sandbox
European Central Bank releases first CBDC progress update
Source: Cointelegraph The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. The European Central Bank (ECB) released its first progress report on developing a central bank digital currency (CBDC) in a June 24 update. Privacy provisions were a main focus, with the ECB promising pseudonymization, hashing functions,… Continue reading European Central Bank releases first CBDC progress update
Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’
Source: Cointelegraph The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its controversial “Dealer Rule” expansion, arguing it threatens the digital asset industry and innovation. The Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT) revealed a new lawsuit against the United States Securities and Exchange Commission (SEC)… Continue reading Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’
