• September 12, 2024

UK Parliament Introduces Bill to Clarify Crypto's Legal Status

In a landmark move, the UK government has officially introduced the a new Bill, which aims to recognize digital files, digital records, email accounts, digital carbon credits, cryptoassets and non-fungible tokens (NFTs) as personal property under British law. This legislation will provide ...

  • September 12, 2024

New Hong Kong crypto scheme could see changes with SFC involvement in OTC rules

Hong Kong is exploring whether to have the Securities and Futures Commission (SFC) involved in regulating over-the-counter (OTC) virtual asset trading services, along with the Customs and Excise Department (C&ED), as the city struggles to regulate the industry. The SFC has sought opinions from industry players about potentially putting in place a new licensing regime for cryptocurrency OTC services, which will see the securities regulator work with the C&ED to oversee these companies, according