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The Monetary Authority of Singapore (MAS) recently unveiled a regulatory framework aimed at enhancing the stability of single-currency stablecoins. The framework, according to Bloomberg, is set to be applicable to non-bank issuers of single-currency stablecoins linked to the Singapore dollar or any G10 currencies, provided their circulation surpasses S$5 million. Singapore’s
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IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets.The suggestions within this report play a crucial role in formulating a unified global regulatory approach to address the substantial risks to investor protection and market integrity posed
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Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into their domestic law systems. The statement was published on Nov. 10. The Organisation for Economic Cooperation and Development (OECD) published
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Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption. The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders
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Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms Original Source
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The 2024 Turkish Presidential Annual Program, published on Oct. 25 in the Official Gazette of the Republic of Turkey, aims to finalize crypto regulations in the country within the calendar year of 2024. Article 400.5 of the almost 500-page document reveals the planned studies to define crypto assets, which might be
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The disclosure will have to include an explanation about the smart contract or rights conferred by the crypto token (e.g., voting, dividend, or other economic rights), information relating to the revenue generated by token and operational costs (gas fees, payments to miners, etc.), and other aspects of the underlying tokenomics
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The Autorité de contrôle prudentiel et de résolution (ACPR) published some guidelines on DeFi regulatory framework based on a public consultation. The regulator conducted a series of interviews and assessments with a significant player from the crypto ecosystem to understand the current situation surrounding the defi market. In April 2023, the ACPR
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The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC) and was explained in a white paper published on September 25. Using this framework, the teams concluded
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Following an appearance from Anthony Scaramucci – the financier famous for his brief stint as Donald Trump’s communications director – Ramaswamy’s remarks speak to crypto’s growing prominence in the U.S. political landscape. As Selkis noted as he welcomed Ramaswamy to the stage, “If you told me a couple of years
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