Category: Compliance

Read more

The Financial Services Authority of Indonesia (OJK) has announced new regulations for digital financial assets, including cryptocurrencies, as part of its transition to overseeing the sector. This move follows the mandate outlined in Law Number 4 of 2023 on Financial Sector Development and Strengthening (P2SK Law), which requires the transition of regulatory duties to OJK… Read more

The Securities and Futures Commission (SFC) announced that all new virtual asset trading platform (VATP) applicants can now seek licences under its swift licensing process. This new licensing approach requires VATP applicants to implement their policies, procedures, systems and controls before conducting an external assessment on these measures. The SFC will become a party to… Read more

MISSION: CREATING SAFE SPACES FOR SENSITIVE CONVERSATIONS: WITHOUT THE FEAR OF BEING PROFILED AND TARGETED. PROPOSED VIRTUAL ASSETS SERVICE PROVIDER BILL: WHO IS REGULATED? PROPOSED VIRTUAL ASSETS SERVICE PROVIDER BILL: ANY REGULATORY REQUIREMENTS? Read more

The Government of Kenya is committed to creating the necessary legal and regulatory framework in order to leverage opportunities presented by VAs and VASPs while managing the resultant risks. This policy guides the establishment of a sound legal and regulatory framework providing the fundamental foundation of a fair, competitive, and stable market for VAs and… Read more

Whether you’re a UK business that wants a quick refresher, a foreign company planning to offer crypto services in the UK, or just someone curious about how crypto is regulated in the United developments, helping you understand what’s required and what’s changing. Kingdom, this guide is for you. It provides a complete overview of the… Read more

What shaped crypto policy in 2024? Waves of adoption Implementation of regulatory frameworks Out of the 24 jurisdictions we reviewed — representing about 70% of global crypto exposure — about 70% made progress implementing regulations. At the same time, policymaking continues apace, with over 60% of these jurisdictions introducing new policies or positions for digital assets.… Read more

VARA issued the Virtual Assets and Related Activities Regulations 2023 (the Regulations) on 7 February 2023, an all-encompassing virtual asset regulatory framework applicable to all Virtual Asset Service Providers (VASPs) in Dubai but excluding the DIFC. Ever since then, 22 VASPs have got the licenses and the number is still growing rapidly. This achievement is… Read more