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Switzerland Begins Consultation Before Finalizing its Proposed Blockchain Law Amendments

Switzerland Begins Consultation Before Finalizing its Proposed Blockchain Law Amendments

Switzerland announced it has initiated a consultation process ahead of its plans to effect amendments in its extant laws to accommodate blockchain technology

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

The SFC supports the industry-led public consultation on a code of conduct for ESG ratings and data product providers.

SFC Proposes Abolition of Mixed Media Offers

SFC Proposes Abolition of Mixed Media Offers

The SFC has initiated a consultation on proposals to abolish mixed media offers, aiming to streamline the investment process.

IOSCO to Consult on Crypto Regulation

IOSCO to Consult on Crypto Regulation

The International Organization of Securities Commissions (IOSCO) plans to launch a consultation for its crypto asset regulation report in Q2 2023. The final recommendations are expected to be published by the end of 2023, with separate workflows dedicated to crypto assets and decentralized finance.

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

The EBA is requesting input on draft guidelines for liquidity stress tests for crypto assets, aiming to improve market resilience and comply with data protection regulations until February 8, 2024.

Canadians Consulted on Digital Currency

Canadians Consulted on Digital Currency

The Bank of Canada has opened a public consultation until June 19 to gauge what features Canadians would like to see included in a digital Canadian dollar. The bank clarified it was not beginning work on a CBDC or replacing cash but was looking to explore the concept.

European Central Bank is Consulting the Public on CBDC

European Central Bank is Consulting the Public on CBDC

The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.

MAS Proposes New Regulations to Tighten Crypto Business Activities

MAS Proposes New Regulations to Tighten Crypto Business Activities

The Monetary Authority of Singapore (MAS) has published a consultation paper proposing a new set of regulations that may stiffen the emergence and activities of crypto industries in the country. Despite the proactive strides of the MAS towards the development of the country’s central bank digital currency (CBDC), the apex bank is set to reinforce its regulations on digital currencies.

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland Opts For Better and Fair Blockchain Regulations

The Federal Council of Switzerland has opted for better and fair regulations for blockchain and distributed ledger technology (DLT) in the country, which is believed will minimize risk, increase legal certainty and abort blockages, which will prevent the possible applications of blockchain/distributed ledger technology.

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

Coinbase CEO Advises New Crypto Investors to Carefully Evaluate Market Risk and Crypto Volatility

As Bitcoin breaks $21,000, it may be easy for new investors to want to join the crypto bandwagon before evaluating risks associated with this asset class.

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