The Ukrainian government plans to legalize cryptocurrency in Q1 2025, applying the same tax rules for digital assets as for securities. A working group of the Verkhovna Rada, with support…

German FinTech company 21X obtained a European license to operate the first fully regulated blockchain-based trading platform. 21X received approval from Germany’s Federal Financial Supervisory Authority (BaFin) to operate a…

Brazil’s central bank initiated public consultations on several matters related to the regulation of virtual asset service providers.  Banco Central do Brasil (BCB) proposed amendments to the regulations governing virtual…

Hong Kong authorities intend to subsidize companies issuing tokenized bonds. Moreover, several tax incentives for institutional investors, including exemptions on capital gains from digital asset transactions, are being discussed. The…

The United Kingdom’s financial regulator studied the behavior of crypto users and updated the roadmap for introducing comprehensive industry regulation, planned for 2026. The Financial Conduct Authority (FCA) published results…

Morocco’s central bank is planning to legalize all cryptocurrencies as the population actively uses them, despite a total ban on digital assets introduced in the country in 2017. Bank Al-Maghrib,…

The Consumer Financial Protection Bureau (CFPB) in the U.S. is tightening federal oversight of major nonbank entities that provide digital payment services. The CFPB finalized updated rules for supervising leading…

European financial regulators set common standards for compliance with restrictive measures for financial institutions in the EU, including specific guidance for payment service providers (PSP) and crypto-asset service providers (CASP). …

The Bank for International Settlements (BIS) made progress in automating compliance for cross-border transactions through Project Mandala.  The BIS officials updated the page for Project Mandala, which is exploring automated…