Lexology PRO | Global, Hong Kong, USA | 5 Sep 2023
BIS warns that crypto is riskier for developing countries, the US plans to extend reporting rules to include crypto assets, and Grayscale’s Bitcoin spot ETF is approved by US Courts – plus other crypto updates.
K&L Gates LLP | Australia | 28 Aug 2023
Last week the Reserve Bank of Australia (RBA) released its report on the CBDC research project which it conducted with the Digital Finance…
Lexology PRO | Global, Kazakhstan, Singapore, etc. | 22 Aug 2023
Singapore launches its stablecoin regulatory framework, the UK FCA clarifies companies’ obligations with the “Travel Rule,” and the US SEC is allowed to appeal its case against Ripple – plus other crypto updates.
Lexology PRO | China, Global, Hong Kong, etc. | 8 Aug 2023
The US approves a bill providing for a comprehensive crypto framework, South Korea plans to increase transparency in crypto investigations, and a UK court invalidates a US arbitration clause – plus other crypto updates.
Mintz | USA | 7 Aug 2023
Just barely two weeks ago, we wrote about the half-victory for Ripple Labs in its ongoing litigation with the Securities and Exchange Commission…
MAMO TCV Advocates | European Union, Malta | 4 Aug 2023
The initial proponents of Decentralised Finance (“DeFi”) opined that DeFi, as opposed to Centralised Finance (“CeFi”), could innovate the financial…
Lexology PRO | USA | 24 Jul 2023
With a US District Court finding that exchange-traded crypto tokens do not meet the characteristics of a security, practitioners have criticised the US Securities and Exchange Commission for a lack of nuance over crypto and for its use of enforcement actions as a means of regulation.
Lexology PRO | Asia-Pacific, Global, South Korea, etc. | 24 Jul 2023
A US District Court rules against the SEC on whether Ripple’s XRP token is a security, South Korea passes a crypto user protection law, and the EBA consults on MiCA-supporting regulation – plus other crypto updates.
Lexology PRO | Global | 20 Jul 2023
The Financial Stability Board has released its final recommendations for regulating cryptoasset activities and stablecoins – with some late additions strengthening the standard-setter’s expectations following last year’s “crypto winter” – but practitioners are doubtful whether they will actually increase global harmonisation in regulating the crypto industry.