On January 17, 2025, the Digital Operational Resilience Act (DORA) came into force across the European Union, standardizing cybersecurity and digital risk management requirements for all financial institutions, including their…

Striving for transparency and sustainable development, CoinsPaid aligned with the new MiCA standards to disclose the environmental impact of cryptocurrencies it utilizes. CoinsPaid, a leading provider of cryptocurrency payment solutions,…

A new set of rules requiring payment service providers (PSP) to guarantee real-time processing of credit payments across all EU member states and non-eurozone countries took effect. As of January…

The core provisions of the European Markets in Crypto-Assets (MiCA) legislation come into force on December 30, 2024. However, the European regulator indicated the possibility of delaying the implementation of…

The European financial regulator released final guidelines to help EU member states prepare for the enforcement of the upcoming Markets in Crypto-Assets (MiCA) regulation. The European Securities and Markets Authority…

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…