Licensed financial institutions (LFI) willing to work with crypto companies in the UAE will be required to obtain special permission from the Central Bank of the United Arab Emirates (CBUAE) […]
Competition for blockchain compliance specialists has increased among European financial institutions catering to cryptocurrency companies. The demand for other Web3 specialists is also growing. In Europe, FinTech companies related to […]
Mainland Chinese authorities talked about crypto adoption in Hong Kong on national television. Approximately 1 billion people watched the broadcast. Amid this backdrop, large companies are actively promoting the development […]
The International Organization of Securities Commissions (IOSCO) released a set of global regulatory recommendations related to crypto regulation. The IOSCO’s Fintech Task Force presented a report outlining key legislative and […]
Distributed ledger technology (DLT) in traditional financial markets could yield significant benefits. The potential savings could reach $100 billion annually. According to a joint report by the Global Financial Markets […]
The European Council adopted an updated DAC8 tax directive that expands reporting requirements for crypto-asset transfers. The new rules come immediately after EU Finance Ministers voted unanimously to pass the […]
The first cryptocurrency became the preferred asset for hedging risks in case of a possible U.S. default, along with gold and treasuries, ahead of the U.S. dollar, the Japanese yen, […]
The G7 held a meeting in Japan to discuss the role of central bank digital currencies (CBDC) and crypto regulation in the global economy. In particular, officials supported the controversial […]
Worldcoin, the “global” cryptocurrency project (WDC), could soon receive an additional $100 million in funding, with the project’s blockchain network scheduled to launch within six weeks. OpenAI CEO, Sam Altman, […]
The Canton Network project will create a “network of networks,” uniting previously siloed systems in financial markets under a single infrastructure. Several major corporations such as Goldman Sachs, BNP Paribas, […]