A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical services to crypto innovators and developers. Also read: Regulatory Roundup: […]
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The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. The guidelines also detail the obligations of approved platforms as well as the requirements token issuers must meet. Also […]
The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy principles. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia ‘High-Level Expert Group’ Formed […]
The relationship between Russian ministers and bitcoin has always been strenuous. This became even more apparent when conflicting news came out of that particular corner. With a new prime minister at the helm, it remains to be seen what the future holds for cryptocurrencies in Russia. A Brighter Future for Bitcoin in Russia? So far, it appears that Mikhail Mishustin has some interesting opinions. In fact, he is a proponent of digitizing anything and everything, preferably as quickly as possible. While that may sound extremely promising, it doesn’t necessarily bode well for cryptocurrencies. More specifically, the country’s officials will undoubtedly 
The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing that cryptocurrencies are global products. Also read: Regulation Roundup: EU-Wide Crypto Regulations, New Rules in […]