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Report to the US Congress finds existing intellectual property laws adequate for NFT
Mar 13,2024
A comprehensive study conducted by the United States Patent and Trademark Office (USPTO) and the U.S. Copyright Office has concluded that the current intellectual property laws are adequate to address concerns about copyright, and trademark infringem...
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Hong Kong monetary authority regulate stablecoin issuers
Mar 12,2024
The Hong Kong Monetary Authority (HKMA) has announced the launch of a new stablecoin issuer sandbox arrangement. This initiative is part of the HKMA's plan to regulate stablecoin issuers in Hong Kong. It aims to provide a platform to communicate supe...
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London Stock Exchange sets criteria for admission of crypto ETNs
Mar 12,2024
The London Stock Exchange has detailed the process for admitting Crypto Exchange Traded Notes (ETNs) to its trading platform. ETNs are debt securities that provide exposure to an underlying asset, and in this case, Crypto ETNs track the performance o...
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The EU Digital Identity Wallet pilot boosts business processes, access and privacy
Mar 12,2024
The EU has launched a large-scale pilot project to test the technical specifications of the Common Toolbox for the EU Digital Identity Wallet (EUDI). The EUDI, developed under the proposed European Digital Identity Regulation, aims to empower Europea...
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UK greenlights cryptoasset-backed Exchange Traded Notes for professional investors
Mar 11,2024
The Financial Conduct Authority (FCA) has announced that it will allow Recognised Investment Exchanges (RIEs) to create a UK listed market segment for cryptoasset-backed Exchange Traded Notes (cETNs). This segment would be exclusively available to pr...
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BRICS group collaborates on independent payment system using blockchain and digital currency
Mar 05,2024
The BRICS group of countries (Brazil, Russia, India, China, and South Africa) is collaborating on the creation of an independent payment system using blockchain and digital technologies, according to a report by Russian news agency TASS. The objectiv...
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Bitcoin soars close to an all-time high price
Mar 04,2024
The most popular cryptocurrency, bitcoin, experienced a rally in price during the last two weeks. Contrary to some predictions, approval of the Exchange Traded Funds (ETF) in the United States pushed the request for the cryptocurrency, creating the c...
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South Korea launches investigation into Worldcoin's personal data collection
Mar 04,2024
South Korea's Personal Information Protection Commission (PIPC) has launched an investigation into cryptocurrency project Worldcoin following numerous complaints about its collection of personal information. Of particular concern is the project's use...
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Republican US senators propose ban on central bank digital currencies
Feb 27,2024
Republican senators introduced legislation on Monday to ban official cryptocurrencies backed by central banks, citing concerns over privacy and regulatory access to individuals' spending habits. Cryptocurrency stablecoins, known as Central Bank Digit...
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China's top prosecutor warns cybercriminals are exploiting blockchain and metaverse projects
Feb 26,2024
China's Supreme People's Procuratorate (SPP) is ramping up efforts to combat cybercrime by targeting criminals who use blockchain and metaverse projects for illegal activities. The SPP is alarmed by the recent surge in online fraud, cyber violence, a...
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Swiss bank PostFinance to offer cryptocurrency custody
Feb 20,2024
Swiss financial institution PostFinance has partnered with Sygnum Bank to offer a regulated crypto custody service to its 2.5 million customers. PostFinance becomes the first Swiss bank of systemic relevance to provide trading and custody services fo...
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UK aims to pass laws regulating stablecoins and cryptocurrency staking
Feb 20,2024
During a crypto event in London, the UK's Economic Secretary to the Treasury Bim Afolami stated that the government is working intensively to ensure the new legislation regulating stablecoins and crypto staking. However, no specific details about the...
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