- 4 July 2022
- Posted by: Cryptovalues
- Category: Newsletter, World News
- 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 stablecoins.
Several investigations are under way to prosecute fraud and money laundering offences among the cryptoasset market. In this regard, the European Parliament and the Council negotiators reached a provisional deal on a new bill aiming to ensure that crypto transfers can always be traced.
The UK government has decided to remove account information service providers (AISPs) from anti-money laundering regulation.
Below, there is a review of the main initiatives adopted in various countries.
- Business news
Mastercard announced to bring its payments network to Web3 and NFTs. PayPal announced that its users can transfer cryptocurrencies from the platform to external wallets.
Metaverse 4 Finance Accelerator is now live representing the first Italian acceleration program – fostered by the Sella group, aiming to identify and support the growth of domestic and international startups for the development of innovative, economically sustainable, inclusive and safe solutions and technologies within Metaverse finance
Below, there is a review of the main initiatives adopted in various countries.
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