Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms Original Source
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South Korea enacts comprehensive laws to protect crypto users
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied South Korea’s National Assembly has officially approved new legislation to safeguard users of virtual assets and amend the country’s capital market law. It prohibits unjust trading practices and provides user protection. The “Capital Market and Financial
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El Salvador enacts game-changing tech legislation
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied President of El Salvador signs the Innovation and Technology Manufacturing Incentives Act, eliminating all taxes on technology innovations, software and app programming, AI, and computer and communications hardware manufacturing, in a bid to transform the nation
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Canada’s Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports
"We can't simply say, 'Well anyone can take whatever [energy] they want to take and we'll simply build dams'," Finance Minister Cameron Friesen, the minister responsible for the province's utility Manitoba Hydro, said on Monday, according to reports by CBC and CTV News Winnipeg. Source
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Canada’s Trudeau Enacts Emergencies Act, and Crypto Is Included
In addition, the government is broadening the scope of Canada's anti-money laundering and counter-terrorist financing rules to now cover crowdfunding platforms and the payment service providers they use. These changes, said Freeland, cover all forms of transactions, including digital assets such as crypto. Source
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China Enacts Crypto Law in Run-Up to State Digital Currency Debut
China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.Crypto security
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HSBC Enacts First Letter of Credit on a Blockchain in Malaysia
Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia.The transactionEnglish language local fintech news outlet Fintech News Malaysia reported the development on Oct. 14, noting that the transaction involved packaging firm Simply Packaging importing resin from an unspecified Singaporean
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