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Luxembourg Passes Blockchain Framework Bill Into Law

Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14.The new law aims provide financial market participants with more transparency and legal certainty in regard to

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Mauritius Regulators to Approve Digital Asset Custodian Licensing Framework

The Mauritanian Financial Services Commission (FSC) is establishing a regulatory framework for digital asset custodian services, according to an official announcement published on Feb. 8.The new regulation will be effective as of March 1 and will require custodian services “to comply with the applicable framework for [Anti Money Laundering] AML/CFT

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New Regulatory Framework for Digital Asset Token Offering Introduced in Philippines

The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4.The new regulations released by the country’s Cagayan Economic Zone Authority (CEZA) are reportedly designed to regulate the cryptocurrency

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Malta’s Regulatory Framework Attracts Crypto Players, but Int’l Watchdogs and Local Opposition Are Skeptical

Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media.Malta is renowned for its crypto-friendly politics, whose efforts in the field have earned it the moniker

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Ledger, Neufund Partner to Create Security Tokens Framework

Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6.Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently

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Thai Securities Regulator Considers Various STO Classifications for Regulatory Framework

The deputy secretary of the Thai Securities and Exchanges Commission (Thai SEC) has declared that Thai-related Security Token Offerings (STOs) launched in an international market break the law, English-language daily Bangkok Post reports Nov. 29.The aforementioned article states that deputy secretary Tipsuda Thavaramara “said the regulator will have to consider

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Bithumb Partners ‘Asian Amazon’ While Lawyers Urge Korean Govt to Establish Crypto Framework

Lawyers in the Southeast Asian country lobbied the government today to quickly establish a legal framework for investor protection.The Korean Bar Association rarely campaigns publically for specific technologies or industry groups, however members felt strongly enough to do so for the cryptocurrency ecosystem within the country. According to Reuters, Bar

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South Korean Lawyers’ Association Lobbies Government to Establish Legal Crypto Framework

South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8.The Korean Bar Association, membership of which is required of all the country’s lawyers, has appealed to the government to take more swift action in the

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Ethereum, Parity Co-Founder Announces Blockchain Framework for a ‘Multi-Chain World’

Blockchain infrastructure firm Parity Technologies’ founder Gavin Wood demoed a live blockchain launch in just fifteen minutes at the Web3 Summit in Berlin Oct. 23, TechCrunch reports.Parity is a U.K.-based blockchain infrastructure provider, known primarily for developing one of the most well-known clients for Ethereum (ETH), which Wood also co-founded.In

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Saudi Arabia’s STC and ConsenSys Launch Blockchain Sandbox Framework

Saudi Arabia’s STC and ConsenSys Launch Blockchain Sandbox Framework October 19, 2018 by Akshay Makadiya Saudi Telecom Company, STC, in collaboration with Ethereum-focused development studio ConsenSys have launched a blockchain sandbox framework on STC’s cloud marketplace. The newly-launched framework will foster public and private enterprises developing decentralized applications. Also see: Coinbase Opens Dublin

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