Leading STO research and consulting company Security Token Network (STN) has this week launched an industry first – the WhiteDeck – a comprehensive guide for developing, pitching and fundraising a Security Token Offering.
Security Token Offerings (STOs) are innovative in the sense that they are mitigating a number of known issues with traditional securities trading due to the transparency of the digital ledger technologies.
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’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
The rise of the Internet and the digital economy has had a profound, and as yet not fully mapped out, impact on our understanding of law and the limits of regulation. Its borderless nature undermines the central regulatory role that the nation-state had since early modernity. The disintermediation that it facilitated subverted existing hierarchies and … Continue reading Digital-Age Contracting and the Dawn of a New Legal Order
I have often come across the tired joke about lawyers not being “good at numbers” unless it’s to do with their fees. My experience is that this joke has substance. In general, lawyers see themselves as masters of the written or spoken word and not as people whose job it is to deal with … Continue reading Who’s going to write ‘smart contracts’ – the lawyer or the programmer?
Regulatory news has a strong influence on cryptocurrency prices, according to an analysis published by the Bank of International Settlement (BIS) last Sunday, September 23. The report attributes this influential relationship to the fact that virtual coins are typically governed by national laws, due to their reliance on existing financial institutions already overseen by various … Continue reading Crypto market sentiment deeply influenced by regulatory news, says BIS analysis
Malta has been stealing the headlines within the DLT and cryptoasset space for the better part of 2018, and since announcing its groundbreaking DLT regulation, the small Mediterranean island has surged to the front in the race to become the leading global crypto hotspot. The decisions of Binance, OKEx, and ZBX to set up … Continue reading Huge Crypto Summit Set To Cement Malta’s ‘Blockchain Island’ Reputation
The French parliament has passed what many analysts are describing as the most progressive and comprehensive legislative framework for Initial Coin Offerings (ICOs) to date. French Finance Minister Bruno Le Maire announced via Twitter on September 13 that the legislation, known as Article 26, had been “adopted in committee” and had created “a legal … Continue reading New ICO Legislation Brings Legal Certainty to France’s Blockchain Sector
Just a few days ago, a project called CryptoHomes.io was launched in Malta. It is the first serious attempt to establish a full-service real estate brokerage platform using bitcoin and other cryptocurrencies in the emerging “Blockchain Island” and beyond. Malta is experiencing a booming real estate sector with skyrocketing prices and an ever-growing demand for … Continue reading Maltese Brokerage Says Crypto Real Estate Deals Will Boom Under New Laws
Malta has quickly risen to prominence in the global crypto industry following the passage of three groundbreaking blockchain legislation bills which are set to come into effect this November. As a result, all eyes are on the small island country to see what effects the legislation will have on the industry. Coinlaw recently spoke to … Continue reading Interview With Dr Ian Gauci: A Key Advisor on Malta’s Blockchain Legislation
For those who follow developments in the cryptocurrency and blockchain industry in China, it often seems as though the government has a love-hate relationship with this new technology and the booming cryptocurrency market it has spawned. China saw the game-changing potential of blockchain early on, and over the last few years it has steadily increased … Continue reading Why China Loves Blockchain But Hates Cryptocurrencies
The Phillippines is pushing ahead with its plan to become ‘Asia’s Silicon Valley’ by licensing cryptocurrency exchanges to operate in a designated special economic zone. Photo: Pixabay Golden Millennial Quickpay Inc. Limited (GMQ) on Wednesday (July 11) became the first crypto exchange to receive a license to operate in The Philippines’ Cagayan Special Economic Zone. … Continue reading The Philippines kickstarts ‘fintech hub’ by licensing cryptocurrency exchanges
Jean-Pierre Landau, the head of France’s Crypto Regulatory Task Force, has released his in-depth report on the use of cryptocurrencies in France in which he concludes that it “is neither desirable nor necessary” to regulate them. Landau who has been nicknamed “Monsieur Bitcoin” was appointed in January this year by French Minister of the Economy … Continue reading French crypto task force: regulation is ‘neither desirable nor necessary’
Thailand’s Securities and Exchange Commission (SEC) on Thursday (July 5) released its regulatory framework for creating and trading digital tokens through initial coin offerings (ICOs). The regulations will come into effect on July 16. It also announced that the ICO portal process and outlined the rules and fees that will apply to businesses wishing … Continue reading Thai SEC reveals regulatory framework for ICOs and cryptocurrency trading
Korea’s Ministry of Science and ICT this month announced its far-reaching Blockchain Technology Development Strategy aimed at securing a competitive edge for Korea in the rapidly emerging industry. The strategy aims to raise a total of 230 billion won ($US207 million) over the next four years to invest in the development and implementation of … Continue reading Korean government set to spend big on blockchain technology development
The US House of Representatives unanimously passed a bill on Monday (June 25) to mandate the US Comptroller General to undertake a study to examine the role of cryptocurrencies in illicit transactions. Bill H.R. 6069, also known under the title of the Fight Illicit Networks and Detect Trafficking Act, was “passed unanimously,” according to … Continue reading US House of Reps passes bill mandating study on illicit use of cryptocurrencies
Malta’s ‘Bitcoin island’ dream moves closer as parliament approves three cryptocurrency and blockchain bills
On Tuesday (June 26) members of the Maltese Parliament voted unanimously to approve three cryptocurrency and blockchain bills designed to move the country closer to its stated goal of becoming a “blockchain island.” Parliament Secretary for Financial Services and Digital Economy and Innovation Silvio Schembri, who is leading the push to make Malta a global … Continue reading Malta’s ‘Bitcoin island’ dream moves closer as parliament approves three cryptocurrency and blockchain bills
A passing reference to Bitcoin in a dissenting opinion by US Supreme Court Associate Justice Stephen Breyer has made history as the first ever mention of cryptocurrency in an opinion by the court. On June 21, the Supreme Court issued a ruling on Wisconsin Central Ltd. v. United States, a case involving a dispute … Continue reading Bitcoin’s historic first mention in US Supreme Court opinion
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