Cryptoassets & Blockchain Legal News
Saudi Arabia
Saudi Arabia and UAE to Launch Cryptocurrency for Cross-Border Transactions
The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the United Arab Emirates’ (UAE) have announced plans to issue a cryptocurrency to facilitate financial transactions between the two nations. The announcement was made by CBUAE Governor Mubarak Rashed Al Mansouri, speaking at the Arab Fintex Forum in Abu Dhabi on Wednesday (Dec 12), … Continue reading Saudi Arabia and UAE to Launch Cryptocurrency for Cross-Border Transactions
Hong Kong
Hong Kong’s Financial Watchdog Reveals New Cryptoasset Regulations
Hong Kong’s Securities and Futures Commission (SFC) today announced a raft of new regulatory measures for the cryptoasset industry. In an announcement posted on its website on November 1, the SFC sets out the “overarching principles and regulatory standards of the regulatory framework” the regulator will put in place to reduce the risks of investing … Continue reading Hong Kong’s Financial Watchdog Reveals New Cryptoasset Regulations
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Stay tuned with the legal news on blockchain & cryptocurrencies
Whether you are a founder gearing-up for an ICO, a token-buyer or a crypto currency trader, subscribe to our newsletter to be informed of the latest legal developments impacting blockchain & cryptocurrencies in each and every jurisdiction