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Worldwide Regulatory Review Of NFTs

NFTs pose concerns amongst both financial regulators and consumer protection authorities around the world.NFTs Concerns: transfering ownership to a buyer, they do not give the buyer copyright over the underlying asset,Buyers not being made aware what they are purchasing ....

United States , United Kingdom , United Arab Emirates , Abu Dhabi Gobal , Beeple Everydays , Australian Financial Services Licence , Securities Association Of China , Virtual Asset Service Provider , Italian Supreme Court , European Union , China Banking Association , European Commission , Financial Services , Spanish Ministry Of Consumer Affairs , Financial Conduct Authority , Italian Authority , Financial Supervisory Authority Bafin , Exchange Commission , Financial Crimes Enforcement Network Fin , National Internet Finance Association Of China , Securities Exchange , Australian Securities Investment Commission , Advertising Standards Authority , Payment Services Act , Market Act , Regulated Activities ,

China's WeChat bans crypto and NFT-related accounts

The punishments handed out by WeChat for crypto and NFT accounts will depend on the severity of violations, and the accounts will be given time to rectify their activity. ....

Wu Blockchain Colin , Wu Blockchain Wublockchain , China Banking Association , Securities Association Of China , China Internet Finance Association , Hong Kong Based , Securities Association ,

WeChat bans public accounts from providing secondary trading services for NFTs

WeChat, the ubiquitous super app operated by Tencent Holdings, is introducing a rule to ban secondary trading of non-fungible tokens (NFTs) on the platform, heeding Chinese regulators' guidelines to steer clear of the financial aspect of such digital assets. Tencent said it will "order accounts to rectify if they provide relevant services or content for secondary trading of digital collectibles,. ....

Wang Yinying , Bao Linghao , Alibaba Group Holding , Securities Association Of China , Tencent Holdings , Cyberspace Administration Of China , South China Morning Post , Chinese National Internet Finance Association , National Internet Finance Association Of China , China Banking Association , Guosheng Securities , Art Meta , Cyberspace Administration , Big Tech , South China Morning , National Internet Finance Association , Securities Association ,

Guidelines in place to support green finance

Recently released guidelines will significantly increase the degree of attention paid by China's banking and insurance sectors to the work related to green finance, thus improving efforts to foster low-carbon and sustainable development, experts said. ....

Zeng Gang , People Bank , Investment Office , China Beijing Green Exchange , National Institution For Finance Development , China Banking Association , Insurance Regulatory Commission , China Banking , National Institution , Wealth Management , Chief Investment Office ,

Hong Kong Securities and Futures Commission Issues Statement on NFTs | Latham & Watkins LLP

The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks. On 6 June 2022, the Hong Kong. ....

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