Regulatory Updates
Bitcoin Soars 25% to One-Year High as BlackRock Announces The Launch of Bitcoin
Bitcoin experienced a surge of about 25% to reach a high not seen in over a year on 23 June, hitting $31,458. The rise of Bitcoin price has been...
Belgium’s FSMA Demands Immediate Halt to Binance’s Crypto Services in The Country
Amid rising global regulatory scrutiny, Binance, the world’s largest cryptocurrency exchange, was instructed by Belgium's Financial Services and...
Crypto.com Gains Spain’s Central Bank Approval to Offer Crypto Services
Crypto.com, the Singapore-based crypto exchange, has reportedly gained a virtual asset service provider registration from the Spain’s central bank....
French Firm Melanion Capital Launches Bitcoin Equities ETF on Euronext Amsterdam Stock Exchange
Melanion Capital, a French investment firm, has reportedly launched the Bitcoin Equities ETF on the Euronext Amsterdam Stock Exchange. This new fund...
Japan Crypto Exchange Association Urges Relaxation of Margin Trading Rules of Crypto
The Japan Virtual and Crypto Assets Exchange Association (JVCEA), a self-regulated body of crypto exchanges in the country, is calling for a...
Caceis Obtains AMF’S Approval to Register as a Digital Asset Service Provider
Credit Agricole and Santander’s asset servicing branch CACEIS has reportedly registered with the French market’s regulator AMF as a Digital Asset...
Singapore Publishes a White Paper on Standards for Digital Money
The Monetary Authority of Singapore (MAS) has issued a white paper proposing a common protocol with conditions for the use of digital money...
Bank of China Issues First Tokenised Notes in Hong Kong
Bank of China became the first Chinese financial institution to issue a tokenised security in Hong Kong. BOCI - Bank of China's offshore invest bank...
EU Signs Markets in Crypto-Assets Framework Into Law
The European Union (EU) has signed the Markets in Crypto-Assets (MiCA) bill into law following final approval from finance ministers. The framework...
Hong Kong Starts its E-HKD Pilot Programme
The Hong Kong Monetary Authority (HKMA) announced the commencement of the first round of its e-HKD Pilot Programme in which 16 firms from the...
Bis Publishes a Paper on Offline CBDC Payments
The Bank for International Settlements (BIS) has published a comprehensive handbook exploring how CBDCs could work for offline payments. Titled...
Nigeria to License Exchanges Listing Asset-Backed Tokens But Not Crypto
As reported by Bloomberg, the Nigerian Regulator, the Securities and Exchange Commission (SEC), plans to allow licensed digital exchanges to list...