In its annual report, Malaysia’s central bank outlined plans to support asset tokenization and explore digital asset technologies without plans to recognize crypto as legal tender. Malaysia‘s central bank, Bank Negara Malaysia, has rolled out its 2024 annual report, highlighting the growing recognition of tokenization for its potential to drive efficiency in the financial system…
Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers. Vanuatu has finalized its crypto regulation and licensing framework, which has been in development since 2020. On March 26, Vanuatu’s Parliament passed the Virtual Asset Service Provider Act, endowing the Vanuatu…
Japan’s financial regulator is reportedly set to redefine crypto under financial law, subjecting it to new compliance requirements. Japan might be preparing to classify cryptocurrencies as financial products in a move to target insider trading, Nikkei has learned. The country’s financial regulator, the Financial Services Agency, is said to be planning a bill to revise…
Crypto ATM providers have received a warning from the Australian Transaction Reports and Analysis Centre that those who don’t fully comply with anti-money laundering rules will face legal action. According to a Mar. 31 press release statement, AUSTRAC’s cryptocurrency task force has found signs of suspicious transactions and fraud, raising concerns about the growing number…
The U.S. Securities and Exchange Commission’s Crypto Task Force will host four public roundtables over the next three months to discuss key issues in cryptocurrency regulation. The SEC announced on its official website on Mar. 25 that these sessions, which will take place from April to June, will focus on important topics such as asset…
The U.S. Securities and Exchange Commission has officially closed its investigation into Australlian crypto-gaming firm Immutable. According to a statement from the company on Mar. 26, the regulator will not take any enforcement action against Immutable (IMX), the IMX Ecosystem Foundation, or its chief executive officer. This officially puts an end to the matter. Immutable…
Today, various governments and institutions around the world are exploring Bitcoin’s potential for their benefit. We hear much talk about adopting Bitcoin reserves on the national level. However, Brazil came to crypto adoption from a workers’ perspective by introducing a bill that suggests employees will be allowed to demand up to 50% of their salary…
Hong Kong-based crypto firm HashKey has launched a new initiative to rate cryptocurrencies and exchanges in a bid to enhance market transparency and compliance. Cryptocurrency trading group HashKey has unveiled a new initiative to rate cryptocurrencies and crypto exchanges in Hong Kong to help the local crypto businesses align with regulatory framework for virtual assets,…
As Canada prepares to vote, Coinbase is calling on the next government to take crypto seriously, warning that without clear regulations, the country could lose its competitive edge. As Canada approaches a federal election, the country’s crypto future hangs in the balance, with Coinbase‘s Canadian country director Lucas Matheson warning that while the country has…
Paul Atkins was picked by Donald Trump in December 2024 as the replacement for Gary Gensler as U.S. SEC chair. Due to bureaucracy-related delays, Atkins has yet to begin work. However, a recently published financial disclosure ahead of his confirmation hearing reveals a notable detail, Atkins is an avid crypto investor. Gensler’s tenure at the…
