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VARA Defines Issuance Rules To Be Global Standard On Asset Reference Tokens

Dubais Virtual Assets Regulatory Authority (VARA) takes the first-of-its-kind regulatory position on issuance of specific categories of Virtual Assets backed by Real World Assets including but not limited to FIAT, offering greater assurance for cross-border interoperability. The September 2023 edit ..
United Arab Emirates Dubai Virtual Assets Regulatory Authority Central Bank Pakistan Point News Virtual Assets Regulatory Authority Virtual Assets

VARA defines issuance rules to be global standard on asset reference tokens

Dubais Virtual Assets Regulatory Authority (VARA) takes the first-of-its-kind regulatory position on issuance of specific categories of Virtual Assets backed by Real World Assets including but not limited to FIAT, offering greater assurance for cross-bor
United Arab Emirates Central Bank Dubai Virtual Assets Regulatory Authority Virtual Assets Regulatory Authority Virtual Assets Real World Assets

Hong Kong Tightens Scrutiny of Crypto Exchanges After JPEX Blowup

(Bloomberg) -- Hong Kong’s securities regulator and police force set up a task force to assist with the detection of suspicious activity at crypto exchanges, intensifying oversight of the industry after the blowup at the JPEX platform.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets ...
Hong Kong United Arab Emirates Bloomberg Businessweek Bloomberg Hong Kong Vince Turcotte Futures Commission
Source: yahoo.com

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cryptocurrencies: G20's impact on cryptocurrencies: When can we see the crypto market rising?

Acknowledging the global nature of cryptocurrencies, under Indias presidency, the International Monetary Fund (IMF) and Financial Stability Board (FSB) have crafted effective recommendations that safeguard investors and encourage innovation.
New Delhi Bitcoin Etfs International Monetary Fund Financial Action Task Force Virtual Asset Service Providers Financial Stability Board

Li Jiachao: The purpose of implementing the licensing system of virtual asset trading platform is to protect the rights and interests of investors

Hong Kong Chief Executive Lee Ka-chiu responded to the media before attending the Executive Council on the 19th. Mr Lee said the SAR government is very concerned about the progress of the JPEX incident. He pointed out that the purpose of the licensing regime introduced by the Securities and Futures Commission (SFC) in Hong Kong is to monitor market changes and developments, ensure that investors' interests are protected and avoid abuse of investment funds by platforms. The HKSAR Government w...
Hong Kong Lee Ka Chiu Futures Commission Kong Chief Executive Lee Ka Chiu Executive Council Virtual Assets

Luxembourg Financial Services Regulator, the Financial Sector Supervisory Commission, and Issues FAQs on "Virtual Asset Service Provider" Regime | K&L Gates LLP

New FAQS Complementary to FAQs on Investment in Virtual Assets - Further to the general publications by the Financial Sector Supervisory Commission (CSSF) in 2020 and 2021 and two sets...
Kl Gates Virtual Asset Service Provider Financial Sector Supervisory Commission Financial Action Task Va Services Into Other Eu Member States European Parliament

crypto regulation: G20 Summit: Achieving PM's vision of comprehensive global framework for crypto regulation

The Financial Action Task Force has already made significant strides in this regard. We have been voluntarily following the best practices and have been supporting the Government of India on complying with all notifications including the one under Prevention of Money Laundering Act (PMLA). This coupled with global implementation of an information sharing framework and an effective travel rule is necessary to help address this concern, effectively.
Recognition Of Virtual Asset Service Providers Financial Action Task Prime Minister Financial Action Task Force Money Laundering Act Virtual Asset Service

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