Lack of Regulation Limits Australian Crypto Market to Token Sales Only ➡️ Read All : https://lnkd.in/ePpVYVtk Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates a negative stigma around industry companies,” asserted the co-founder of... [...] #CryptoRegulation #BlockEarner #ASIC #CryptoIndustry #CryptoInAustralia #Crypto #Legal #NBTC
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The Stablecoin Saga Continues with New Legislation Initiatives ➡️ Read All : https://lnkd.in/eY9Ghueb American Senators Kirsten Gillibrand and Cynthia Lummis have formally introduced a new legislative proposal aimed at regulating stablecoin operations. After several months of anticipation, the... [...] #StablecoinRegulation #RippleStablecoin #USDbackedCrypto #GlobalCryptoLaws #UKCryptoRegulation #Crypto #Legal #NBTC
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New Stablecoin Bill Might Bring Some Relief to Investors ➡️ Read All : https://lnkd.in/erZrf8SM United States Senators Kirsten Gillibrand and Cynthia Lummis have unveiled a significant legislative proposal aimed at establishing a comprehensive regulatory framework for stablecoin issuers and... [...] #StablecoinRegulation #DigitalAssets #GillibrandLummisBill #CryptoLegislation #USDCryptoControl #Crypto #Legal #NBTC
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Binance Is Having an Odd Time ➡️ Read All : https://lnkd.in/e_iB_8PA Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month... [...] #Binance #GovernmentCrackdown #CryptoRegulation #TaxEvasion #NigeriaDetention #Crypto #Legal #NBTC
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Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules ➡️ Read All : https://lnkd.in/e396fpiv Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected... [...] #LithuaniaCryptoRegulation #CryptoLicensing #AML #MiCA #DigitalAssetFirms #Crypto #Legal #NBTC
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Singapore Enacts Licencing Requirements for Crypto Custody Services and Others ➡️ Read All : https://lnkd.in/eUGRjtzm Singapore is now seeking licensing requirements for entities providing custodial and some other services. The changes were passed in parliament in 2021 but Singapore’s central... [...] #SingaporeCryptoRegulation #CryptocurrencyLicensing #PaymentServicesAct #CryptoCustodyServices #AntiMoneyLaundering #Crypto #Legal #NBTC
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Nigeria to tighten crypto regulation in wake of Binance disputes ➡️ Read All : https://lnkd.in/eQazwg3b The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. New regulations The... [...] #NigeriaSEC #CryptoRegulations #BinanceControversy #DigitalAssetOperators #CryptoFine #Crypto #Legal #NBTC
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Namibia’s new crypto law sets out licensing requirements for firms and mandates the appointment of a regulator to oversee the sector. Although the law lacks clarity on how crypto will be treated by regulators, the framework will help usher in more comprehensive laws, lawyers in the country say. https://trib.al/EbzEwS6 #Namibia #Crypto #Law #Regulation
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Nigeria’s SEC-Crypto License ➡️ Read All : https://lnkd.in/eUuJPxDJ In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required... [...] #NigeriaCryptoRegulation #CryptoDialogue #CryptoLicense #CryptoTrust #CryptoInvestment #Crypto #Legal #NBTC
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Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief https://lnkd.in/dydmb9JG #CBDCs #LegalFrameworks #FinancialPolicy #DigitalCurrency #BISChief #CryptoNews #FinancialRegulation #W3A #Web3 #Web3community #Web3Africa #Africa #Web30Africa
Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
coindesk.com
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Practicing Chartered Accountant |CFO| ACA(India), MIPA(Aust.), AFA(IFA-UK), ASA (Aust.)
Turkish Parliament Passes Amendment To Capital Markets Law Introducing New Cryptocurrency Regulations According to Foresight News, the Turkish Parliament has passed an amendment to the Capital Markets Law, introducing new regulations concerning cryptocurrencies. As per the new law, cryptocurrency service providers must obtain permission from the Capital Markets Board (SPK) before setting up and operating. Individuals and legal entities operating as cryptocurrency service providers without authorization will face imprisonment ranging from 3 to 5 years. If the crime involves fraudulent activities related to embezzlement, the offender could face 14 to 20 years of imprisonment. Judicial fines will not be less than three times the damage caused to the service providers and their clients. This move by the Turkish Parliament is seen as a significant step towards regulating the use and operation of cryptocurrencies in the country. #SEC #ETF #DeFi #Metaverse #crypto #compliance #news #virtualcurrency #law #USA #India #Tokenization Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
