On May 25, the president of Microsoft, Brad Smith, issued a report calling for the authority to fast-track the formulation
Russian Policy Makers Proposes Amendment of Digital Ruble Bill
On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill
Japanese Authority Set to Implement Tough Anti-Money Laundering Measures in June
On May 23, the Japanese regulators agreed to implement the Anti-Money Laundering (AML) regulations, commonly known as the travel rule,
Hong Kong Regulators Set to Allow Retail Investors Access Crypto Exchanges
On May 23, the Hong Kong Securities and Futures Commission (SFC) revealed plans to officially allow the complaint digital assets
Malaysia Regulators Orders Huobi to Cease Operation Cites Non-Compliance Issue
The Securities Commission of Malaysia (SCM) has issued a report demanding Huobi to seize operations after failing to comply with
DCG Facing Risk of Defaulting After Failing to Settle Gemini’s Loan Worth $630M
The New-York based crypto exchange Gemini announced on May 21 that the prominent Digital Currency Group (DCG) failed to settle
Brazil Regulators Approves Latam Gateway Payment License
On Friday, the Brazil-based payment platform Latam Gateway announced that the regulators green-lighted its license. The approval of the Latam
Texas Senate Approves Proof-of-Reserves Bill
On Friday, policymakers in Texas green-lighted House Bill 1666 (HB1666), which necessitates crypto firms to maintain a well-updated audit for
Pakistan Imposes New Crypto Ban Despite High Adoption
A recent report from the Pakistan authority reveals that the government will adopt restrictive measures for crypto assets. The announcement
Ripple Launching CBDC Platform to Support Issuance of Digital Currency
On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency