Tag: consultation paper
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Hong Kong Proposes Rules to License Stablecoin Issuers
The authorities in Hong Kong are exploring regulating stablecoins, as the latest consultation paper proposed the regulation of fiat-referenced stablecoins (FRS). If the proposed...
MAS to Beef up Protection for Insurance Policy Owners with Revised Scheme – Fintech Singapore
by Fintech News Singapore December 7, 2023 The Monetary Authority of Singapore (MAS) has announced its intention...
Singapore Central Bank Issues Final Guidelines for Crypto Payment Providers
Singapore central bank, the Monetary Authority of Singapore (MAS), has issued final guidelines for crypto payment providers, detailing measures related to...
Australia tries again to combat ‘future sectors’ crypto scams
A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes...
MAS Implements Comprehensive Crypto Regulatory Framework in Singapore
The Monetary Authority of Singapore (MAS) has recently concluded its response to the consultation paper on proposed regulations for cryptocurrency service providers, marking a...
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"MAS has been very consistent about its stance against speculative retail trading, so it is unsurprising that they are largely moving ahead with their...
EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets
The European Banking Authority (EBA) released a consultation paper dated 08 November 2023, outlining proposed guidelines for liquidity stress testing of asset reference tokens...
Regulatory and Legislative Analysis – October 2023
Regulatory and Legislative Analysis – October 2023November 1, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBank of International Settlements works with EU central banks to...
UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related...
Officials from the Fed and BOE are still interested in CBDCs and stablecoin regulation.
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FIs and Telcos May Have to Bear Full Loss for Phishing Scams Under Proposed Framework – Fintech Singapore
by Fintech News Singapore October 26, 2023 Financial institutions (FIs) and telecommunication companies (telcos) are expected...
Australian Treasury Wants to Regulate Crypto Exchanges – CryptoCurrencyWire
The Australian government is pushing ahead with its efforts to oversee the crypto asset industry, specifically focusing on regulating crypto exchanges, a move that...
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