ARGENTINA CONSIDERS STRENGTHENING ITS CRYPTO REGULATIONS |1300 HKT | 0600 UKT | 8 February 2023

by Александр Пирогов | Feb 8, 2023 | Blog News

The National Securities Commission (CNV) of Argentina is working on the regulation on crypto companies with its central focus on exchanges. CNV President Sebastian Negri revealed that the regulation will come into effect progressively after the congressional bill...

UK REGULATOR PREPARES TO LAUNCH FINANCIAL PROMOTIONS REGIME FOR CRYPTO INDUSTRY |1300 HKT | 0600 UKT | 8 February 2023

by Александр Пирогов | Feb 8, 2023 | Blog News

UK Financial Conduct Authority has issued a statement on 6 February following the government’s consultation response regarding the proposed regulations for cryptoasset financial promotions. If the new regime is approved by Parliament, all domestic and overseas crypto...

DUBAI PUBLISHES FULL MARKET PRODUCT REGULATIONS FOR VASPS |1300 HKT | 0600 UKT | 8 February 2023

by Александр Пирогов | Feb 8, 2023 | Blog News

Virtual Asset Regulatory Authority (VARA), the regulator for virtual assets in Dubai, has issued Full Market Product Regulations covering four compulsory rulebooks and activity-specific rulebooks for virtual asset service providers operating within Dubai. The VARA...

SOUTH KOREA REGULATOR PUBLISHES GUIDANCE ON DEFINING SECURITY TOKENS |1300 HKT | 0600 UKT | 7 February 2023

by Александр Пирогов | Feb 7, 2023 | Blog News

South Korea’s Financial Services Commission (FSC) published a press release on 6 February to provide guidance on classifying certain digital assets as security tokens. For instance, it includes a token that represents an equity interest in the business operation,...

UK CONTINUES ITS WORK ON THE POSSIBLE LAUNCH OF THE COUNTRY’S DIGITAL POUND |1300 HKT | 0600 UKT | 7 February 2023

by Александр Пирогов | Feb 7, 2023 | Blog News

The UK Treasury and Bank of England are working on a possible launch of digital pound backed by the country’s central bank by the end of this decade. The digital pound issued will be backed by the Bank of England and stored in a digital wallet account operated by...

BINANCE INVESTS IN SOUTH KOREAN CRYPTO EXCHANGE GOPAX TO HELP SECURE CUSTOMERS’ WITHDRAWALS |1300 HKT | 0600 UKT | 7 February 2023

by Александр Пирогов | Feb 7, 2023 | Blog News

Crypto exchange Binance announced on 3 February that it had acquired a majority stake in the South Korean crypto exchange Gopax. The acquisition is part of its Industry Recovery Initiative to support industry players negatively influenced by the crypto turmoil last...