regulatory frameworks
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Sean Patrick Maloney's OECD Role Amidst Crypto Advisory Background
Sean Patrick Maloney, after serving in the U.S. House and on Coinbase's Advisory Council, faces scrutiny over potential conflicts in his OECD ambassador role, signaling a pivotal moment for crypto regulation.
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
G20 Agency Warns Countries of Systemic Risks Posed by Global Stablecoins
The Financial Stability Board (FSB), the G20 body that advises on ways to improve the global financial system, has published a study on the challenges, which stablecoins pose for the global economy. The FSB stated that regulatory frameworks have already covered several activities associated with stablecoins, although there are other risks that many national regulators could be left unprepared for.
European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks
The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.
New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets
The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market
IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work
The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.
Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled
Oleksandr Lutskevych is the Co-founder and CEO at CEX.IO LTD, a successful London-based holding company consisting of the CEX.IO Bitcoin Exchange. Established in 2013 as the first cloud mining provider, CEX.IO is a multi-functional regulated cryptocurrency exchange, registered as a Money Business Service (MSB) by US regulator FinCEN.
New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain
Australia’s New South Wales is proposing a flexible regulatory reform to accommodate the thriving blockchain and cryptocurrency ecosystem
Ripple Swell 2020: Clear Regulations and CBDC Will Drive Cryptocurrency Adoption Forward
Financial leaders virtually discussed the regulatory framework for crypto assets and how crypto adoption could be driven forward.
Ripple Expands Global Regulatory Team and Joins Blockchain Association
Ripple, the San Francisco-based blockchain startup, just announced its inclusion of four new members into its global regulatory team in Washington D.C.
Traversing Through the Crypto Regulatory Landscape in 2019
Blockchain and crypto regulation has seen its ups and downs in 2019, with endless regulators evolving along with the realm of the new technology development and use cases. From countries that view blockchain as a threat to learning to embrace the technology; let’s have a look at some of the major regulatory changes in 2019.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.