Malta’s flop: a blockchain framework, no licenses, departing crypto firms

Tags:

FATF finds US largely compliant with Recommendation 15 (virtual currencies)

Tags:

FINMA carried out approx. 60 ICO investigations in 2019, opening enforcement against 3 of them

Tags:

Russia may introduce a regulatory sandbox for digital technologies and crypto industry

Tags:

US recommend creation of digital dollar as part of Corona stimulus bills

Tags:
US

IOSCO issues report analyzing regulatory issues arising from the use of global stablecoins

Tags:

Singapore recommends to trace previous transactions of tokens as far back as necessary (AML)

​ 
Tags:

Hawaii introduces regulatory sandbox for digital firms

Tags:
US

Russia may ban crypto issuance and circulation

​  
Tags:

Zimbabwe introduces regulatory sandbox for cryptofirms

​ 
Tags:

New York State Department of Financial Services requires pandemic readiness plans from cryptofirms

​ 
Tags:
US

BoE releases CBDC discussion paper, weighting pros and cons - including on DLT as underlying tech

​ 
Tags:
UK

US Congressman introduces a Crypto-Currency Act that distinguishes crypto- commodities, -currency and -securities

​ 
Tags:
US

South Korea introduces a framework for cryptocurrency and exchange regulation

Tags:

Japan’s FSA launched blockchain governance initiative to promote sustainable development

Tags:

EU to facilitate use of cryptoassets by SMEs, investors and intermediaries

​ 
Tags:
EU

France (Court of Nanterre) recognizes legally bitcoin as legitimate form of currency

​  
Tags:

India lifts the banking ban on the crypto industry

Tags:

German BaFin clarified cryptoregulation and the services subject to licensing requirements

Tags:

The BoE speculates that crypto stablecoins could materially weaken bank lending

Tags:
UK

FATF releases guidance on digital ID

​ 
Tags:

French AMF recommends creating a EU sandbox to study security tokens

Tags:

Libra to be recasted as a multiple coins payment system

Tags:

BIS recognizes the payment system technological disruption and its key role in shaping policy response

Tags:
BIS

BIS releases research paper sketching out key technological design considerations for retail CBDC

​ 
Tags:
BIS

Australian Court agrees cryptos can be used as security for legal costs

Tags:

US SEC rejects the last outstanding BTC ETF proposal

Tags:
US

South Korea’s policy for 2020 focuses on promoting FinTech growth

Tags:

Malta’s MFSA reports that EU central depository rules prevent the rise of STOs

Tags:

G20 push FATF crypto standards implementation and reiterate conservative stance on stablecoins

​ 
Tags:

UK’s BoE worried that private companies could dominate the digital currency scene before CBs

Tags:
UK

New Jersey (US) proposes bill requesting each virtual asset company to obtain license before operating

​ 
Tags:
US

Half of the projects in the Cyprus sandbox are DLT-based

​ 
Tags:

FATF prioritises virtual assets ML prevention, including in relation to stablecoins

Tags:

FSB to prioritise issuance of a report on stablecoins regulatory issues

Tags:
FSB

Sweden CB kicks off a DLT-based pilot e-krona project

Tags:

US government plans to return the US Secret Service on crypto crimes

​ 
Tags:
US

US SEC unlikely to approve the last outstanding BTC ETF application

​ 
Tags:
US

US Presidency candidate Bloomberg pledges to provide clear rules of the game to crypto

​ 
Tags:
US

Belgium poised to develop an articulated digital asset legal framework

Tags:

Russia’s CB completes blockchain tokenization pilot; results will impact digital asset draft bill

Tags:

US government’s combating terrorism strategy focuses on upgrading regulation of digital assets

​ 
Tags:
US

IOSCO releases report on crypto asset trading platforms

Tags:

FATF confirms Switzerland’s largely compliant rating regarding virtual asset service providers

​ 

US FinCEN to introduce new rules reinforcing crypto AML

Tags:
US

Europe urges Gibraltar to improve AML practice

Tags:

Australia introduces a regulatory sandbox

Tags:

Belgium urges for crypto regulation to counter potential fraudulent activities

Tags:

Italy’s CONSOB shut down crypto exchanges on illegality grounds

Tags:

Ukraine does not plan to regulate or oversee crypto mining

Tags:

Swiss FINMA proposes lowering the KYC threshold from CHF 5,000 to CHF 1,000 for crypto (to adapt to FATF)

​ 
Tags:

SEC proposes “rule 195” to provide legal certainty to digital assets before being subject to Howey Test

​ 
Tags:
US

Former Banque de France governor expects digital wholesale payments pretty soon

Tags:

UK FCA moved the registration fee for crypto businesses from flat to income-based

​ 
Tags:
UK

Singapore’s MAS licensed a sandbox digital securities exchange

Tags:

Cambodia poised to issue its own CBDC within months

​ 
Tags:

Lithuania believes it is the task of the official sector to introduce CBDCs

Tags:

BIS issues overview of policy responses to fintech, evidencing a dynamic policy framework

Tags:
BIS

India consults on national blockchain strategy which includes recommendation for RBI to issue a CBDC

Tags:

MAS commences the Payment Services Act, extending the perimeter in an activity- and risk-based way

Tags:

Iran has licensed over 1’000 cryptocurrency mining farms since it regulated the industry last year

Tags:

WEF assembles public and private sectors experts to assist developing crypto guidance and regulation

Tags:
WEF

US: Hawaii State Senate proposes requirements allowing digital assets custodial services by banks

Tags:
US

Japan’s lawmakers focus on CBDC to counter China’s work towards issuing digital Yuan

Tags:

German CB and exchange analysis benefits of DLT for collateral management

Tags:

BIS survey shows extensive Central Banks work on CBDC

Tags:
BIS

WEF launched a CBDC Policy-maker Toolkit

Tags:
WEF

BIS creates group of CBs to assess CBDC use cases (Canada, UK, Japan, Switzerland, Sweden, ECB)

​ 

South Korea may subject crypto gains to 20% tax rate

​ 
Tags:

FSB’s report on non-bank financial intermediation includes crypto-based lending and STO

​ 
Tags:
FSB

FATF held first forum to discuss crypto asset supervision

Tags:

OECD releases thorough analysis of asset tokenisation

Tags:

US SEC urges investors to use caution before investing in so-called “initial exchange offerings”

Tags:
US

OECD establishes experts group to develop high-level blockchain policy principles

Tags:

Australia develops blockchain roadmap and blockchain standards

Tags:

German BaFin ready to license digital assets custody services

Tags:

EU ESMA prioritises the establishment of a sound legal framework for crypto-assets

Tags:

ECB supports private stablecoin regional initiatives

Tags:

ECB looking at issuing CBDC to respond to demand for quick & cheap cross-border means of payments

Tags:

SEC includes crypto in its compliance examinations 2020

Tags:
US

Singapore’s digital banking license records 11 confirmed and 13 unconfirmed applications

Tags:

South Korea on the way to institutionalize cryprocurrencies following the Swiss model

Tags:

Turkey poised to develop crypto-friendly regulation in response to market demands

Tags:

Qatar bans the use of virtual assets of any kind in 2020

Tags:

China completed design, formulation, functional research and testing of its CBDC

Tags:

ECB assesses advantages and problems associated with CBDC

Tags:

Italy’s CONSOB issued a report on crypto finance, contributing to the regulatory debate in Italy

​ 
Tags:

China implements a password law which eases the issuance of DLT-based digital RMB

Tags:

South Korea confirms that profits derived from crypto trading are not taxable

​  
Tags:

Singapore’s MAS consults on incorporating FATF’s VASP standards in the AML regulation

Tags:

Swiss President holds Libra as failed because CBs won’t accept the underpinning basket of currencies

​ 
Tags:

Russia opens a stablecoins sandbox to allow companies to test them

​ 
Tags:

Bahamas launches CBDC test pilot

​ 
Tags:

Malaysia consults on a licensing framework for virtual banks

Tags:

Paraguay develops cryptoregulation on the back of compliance to FATF’s VASPs rules

​  
Tags:

2019, year of CBDC, with over 18 CBs being developing or having launched a digital currency

​ 
Tags:

ECB issued DLT PoC project Eurochain focused on wholesale banking

​ 
Tags:

US SEC BTC ETF approval saga continues; over 20 applications rejected or delayed in last two years

​ 
Tags:
US

US to consider Cryptocurrency Act in 2020 (definition of digital assets & regulatory governance)

​ 
Tags:
US

EU consults on a regulatory framework for crypto-assets

Tags:
EU