Lexology PRO | USA | 31 May 2023
Many countries have used the momentum from the “crypto winter” to sharpen their regulatory frameworks for cryptoassets, but not the United States – why, and what will a US crypto regime at the federal level ultimately look like?
Lexology PRO | Global | 24 May 2023
The International Organization of Securities Commissions has said its new global recommendations for crypto and digital assets will be a “turning point” for regulation in the area, with recommendations analogous to the regulation of equity and bond markets, including proposals that would govern conflicts of interest, operational risks, market manipulation and treatment of retail customers.
JunHe LLP | Hong Kong, Singapore, USA | 18 May 2023
2023年4月,美国国会接连出台两版稳定币立法草案(分别称“美国草案2023年初稿1”与“美国草案2023年二稿”,合称“美国草案”),并就此先后举行两次听证。美国国会表示两个月内会再颁布第三…
Fried Frank Harris Shriver & Jacobson LLP | USA | 18 May 2023
The House Financial Services Committee, Subcommittee on Digital Assets, Financial Technology, and Inclusion, considered recommendations from a…
Lexology PRO | Global, Switzerland, United Arab Emirates, etc. | 19 Apr 2023
The US discusses a draft stablecoin bill, a Singapore-based exchange loses US$23 million from a hack, and the UAE opens registration for crypto licenses – plus other crypto updates.
Fried Frank Harris Shriver & Jacobson LLP | USA | 19 Apr 2023
At a hearing before the House Financial Services Committee, witnesses encouraged bipartisan, and federal and state collaboration on a regulatory…
Lexology PRO | 18 Apr 2023
A senior Bank of England official has said there could be initial limits on the use of stablecoins “to guard against rapid, disruptive change”, together with a requirement that banks issue them through legally distinct entities, in remarks that also explored the regulatory future of tokenised deposits and the path towards a wholesale digital pound.
Baker & Hostetler LLP | European Union, Montenegro, USA | 17 Apr 2023
According to a recent press release, “The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain…
Lexology PRO | Australia, Canada, European Union, etc. | 17 Mar 2023
Financial regulators around the world are stepping in to contain the damage from the collapse of Silicon Valley Bank and Signature Bank. Let’s see how they are doing.
Lexology PRO | Switzerland | 14 Mar 2023
As its central bank considers issuing a wholesale CBDC, Switzerland’s banking industry body has proposed a private digital version of the Swiss franc, in the form of a token issued by a consortium of the country’s commercial banks – but admitted it would need regulatory buy-in to avoid the product being labelled a security.