Regulatory News The European Regulation establishing a pilot scheme for market infrastructures based on distributed ledger technology has entered into force and for the first time the EU brings crypto-assets, crypto-assets issuers and crypto-asset service providers under a regulatory framework. Japan has become one of the first major economies to introduce a legal framework around

Regulatory News Digital currency projects keep on moving forward, supported by various countries such as Philippines and India. Risks associated with crypto assets are always being monitored, as proven by the garrisons taken by the Central Bank of the Argentine Republic that banned financial institutions from carrying out transactions or allowing their clients to make

Regulatory News The European Union has implemented legislation against money laundering. The debate about the proposed introduction of a Central Bank Digital Currency (CBDC) is moving forward. Fabio Panetta, member of the ECB Governing Council, said that it is likely that the issuance of digital currencies by central banks will become a necessity to preserve

Regulatory News The issue of crypto-asset sustainability is being debated in Europe. The European Economic Policy Commission voted against the amendment to MICAR that could have led to a ban in Europe of cryptocurrencies based on Proof of Work, Bitcoin’s consensus algorithm. The Supervisory Authorities keep on focusing on issues related to transparency in the

Regulatory News Several Supervisory Authorities, including the Italian and Danish ones, have intervened in the field of cryptocurrencies, agreeing that financial innovation should not be stifled by Policymakers, being the blockchain an efficient infrastructure for payment services. At the same time, the Authorities are called upon to exert a strict control and to implement regulation,