Regulations


Policy

Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE

Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Policy

UK Information Commission to Make Inquiries About Worldcoin

The firm has claimed it complies with "very, very local and very specific rules and regulations in each of the markets where there's an Orb."

An inside view of the Orb, Worldcoin's custom hardware that makes cryptographic IDs based on iris scans. (Worldcoin)

Policy

Japan Signals More Web3 Promotion Policies Are Coming

Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.

Kishida reiterated “Web3 is part of the new form of capitalism,” referring to his flagship economic policy intended to drive growth and wealth distribution. (Photo by Takayuki Masuda)

Policy

EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements

(Pixabay)

Policy

Meet the Hong Kong Lawmaker Who Invited Coinbase to Town

Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.

“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)

Policy

Craig Wright Will Be Able to Fight Bitcoin Copyright Claim in UK After Winning Appeal

The self-proclaimed author of the Bitcoin white paper claims the operation of Bitcoin and Bitcoin Cash violate his intellectual property rights.

Craig Wright (Rob Mitchell/CoinDesk)

Policy

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

Banque de France said it ran multiple experiments to test central bank digital currencies for wholesale payments, issued "directly on" distributed ledger technology.

paris, france

Policy

Indonesia's New Crypto Exchange Opens After Long Delays

The long-awaited national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.

Jakarta, Indonesia

Policy

UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities

The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.

FCA building with logo (FCA)

Policy

Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs

Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)