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The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Policy Directorate Vicky Saporta said in a speech at the bank Feb. 27. The rules will be developed with consideration for Basel
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India's Central Bank Governor Shaktikanta Das said that there was a marked shift in perception around crypto assets by G20 nations in the past year which saw the collapse of several major crypto companies, including FTX, and a global contagion. There is a wide acceptance about risks involved in crypto
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A judge from the United States District Court of the Southern District of New York ruled that emojis like the rocket ship, stock chart and money bags mean "a financial return on investment," according to a recent court filing. In a tweet, former United States Securities and Exchange Commission (SEC) branch
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A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot
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The Canadian Securities Administrators (CSA) published a notice on Feb. 22 describing new commitments it expects from crypto asset trading platforms (CTPs) seeking registration in Canada. The CTPs will enter into a new version of preregistration undertakings (PRUs), which are legally binding documents. Registered CTPs will be contacted by their
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Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated. Source
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The Canadian Securities Administrators published new guidance for the local crypto industry Wednesday, warning exchanges and other platforms they would have to abide by "enhanced investor protection commitments." Source
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The regulations could also include required provisions on Bitcoin, stablecoins, and other crypto assets. The European Union (EU) Executive is calling for accelerated implementation of strict crypto capital rules for financial institutions with crypto assets in the awaiting banking law. The executive emphasized the approaching deadline agreed upon, adding that Europe
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Over time, multiple Chinese agencies have consistently provided new rules to guide and protect national security and personal data. The China Securities Regulatory Commission (CSRC) has announced rules for local companies filing Initial Public Offerings (IPOs) overseas. The new rules give domestic companies more clarity on if they can list outside
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The First-Tier Tribunal (Information Rights) has ruled on the ICO’s action to require Experian Limited to change how it handles people’s personal data. The Judgment supported aspects of the ICO's decision, while allowing Experian’s appeal in other areas. The
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