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Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

SFC Releases Guides on Licensing for Visiting and Returning Professionals

SFC Releases Guides on Licensing for Visiting and Returning Professionals

The SFC has issued new guides to inform visiting and returning professionals about pragmatic licensing options in Hong Kong.

Manhattan, Kansas Enhances Regulatory Services with Oracle's OPAL Solution

Manhattan, Kansas Enhances Regulatory Services with Oracle's OPAL Solution

The City of Manhattan, Kansas partners with Oracle to implement a cloud-based permitting and licensing system, improving regulatory efficiency and citizen experience.

ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product

ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product

The Australian Securities and Investments Commission (ASIC) has appealed a federal court ruling that found Finder Wallet's "Earn" product compliant with Australian financial laws, raising concerns about consumer protections.

California Gov Vetoes Digital Currency Licensing Bill

California Gov Vetoes Digital Currency Licensing Bill

California Governor Gavin Newsom has vetoed Bill 2269 proposed by State Congressman Tim Grayson on grounds that a more flexible approach is needed to address crypto regulations.

DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure

DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure

DTCC announces its strategic acquisition of digital asset infrastructure specialist, Securrency. This move will bolster DTCC's digital asset offerings and streamline the integration of blockchain technology.

Crypto.com Receives In-Principle Approval Tokens Permit from the MAS

Crypto.com Receives In-Principle Approval Tokens Permit from the MAS

Digital currency trading platform Crypto.com has been granted the In-Principle Approval token permit from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License.

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

The Dubai economy has gone live on the UAE KYC (Know-Your-Customer) blockchain platform making instant bank accounting functionality, secure digital customer onboarding, and sharing of verified data between financial institutions and licensing authorities possible.

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain

During a live webinar, as part of the UK FinTech Week, Clara Chiu, the Head of Fintech Unit & Director of Licensing at the SFC explicitly stated that Hong Kong does not have the mandate to create a large regulatory regime for cryptocurrencies or to attract more investors or players in the crypto field. Rather than promoting the crypto sector, Hong Kong is rather focused on protecting investors and promoting new regulations for the same reason. Is focusing on licensing enough for the city?

The Thrill Behind Non-Fungible Tokens

The Thrill Behind Non-Fungible Tokens

A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.

UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals

UK's Tax Authority Ready to Invest Up to $130,000 in Blockchain Analytics Tool to Track Crypto Cybercriminals

The UK tax authority HM Revenue and Customs (HMRC), is looking for an analytics tool using blockchain to enhance the process of identifying criminals who are trading in cryptocurrencies online.

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU

Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).

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