Dubai's VARA issues specialised regulations for virtual assets
The framework is structured to drive secure and sustainable global market growth
Source: gulfnews.com
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Hong Kong securities regulator to add virtual asset personnel to boost crypto supervision
The Securities and Futures Commission said at Legco that it is adding four new people to ‘better supervise’ virtual asset service providers.
Source: scmp.com
U.S. treasury officials meet UAE authorities on AML/CFT, discuss bilateral efforts
ABU DHABI, 3rd February, 2023 (WAM) -- The U.S. Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led a two-day treasury delegation visit to the UAE to meet with UAE authorities on AML/CFT matters and bila
Source: emirates247.com
'A new wave of crypto adoption will be driven by real-use cases': Swissborg's Anthony Lesoismier
Crypto exchanges will have to come up with more assurances than ‘Proof of Reserve’
Source: gulfnews.com
Hong Kong FinTech Regulation Updates
During Hong Kong FinTech Week, Hong Kong government announced renewed ambition to make Hong Kong a digital assets hub with the Financial Services and the Treasury Bureau releasing policy statement on government’s vision and approach towards the development of virtual assets.
Source: natlawreview.com