Regulatory
Global: Australian Financial Regulator Revises Digital Asset Classification Framework
The Australian Securities and Investments Commission (ASIC) has released a consultation paper to update its regulatory guidance on digital assets, marking a significant ...
Regulatory
Global: Australia Targets Crypto ATM Providers Amid Money Laundering Concerns
Australia, home to the third-largest number of crypto ATMs globally, is intensifying regulatory scrutiny over concerns that these machines may be enabling financial ...
Regulatory
Global: Latvia Introduces Fast-Track Pre-Approval for MiCA Compliance
Latvijas Banka, Latvia’s central bank, is set to begin accepting applications and issuing operating permits for crypto-asset service providers in January 2025, coinciding ...
Regulatory
Global: ECB Progress Report on Digital Euro Highlights Key Debates on Holding Limits
The European Central Bank (ECB) has published its second progress report on the development phase of the digital euro, shedding light on advancements ...
Regulatory
Global: ASIC Seeks Feedback on Updated Digital Asset Guidance
The Australian Securities and Investments Commission (ASIC) has issued an updated draft of its guidance on digital assets, aiming to provide greater regulatory ...
Nigeria
Nigeria: Senate Suspends Action on Tax Reform Bills Amid Public Concerns
The Nigerian Senate has temporarily halted action on the contentious tax reform bills currently under consideration, directing its Committee on Finance to suspend ...
Nigeria
Nigeria: Proposed Valuation Regulations to Strengthen Nigeria’s Financial Sector – FRC
The Financial Reporting Council of Nigeria (FRC) has unveiled draft valuation regulations aimed at bolstering transparency, accountability, and consistency in financial reporting practices ...
Regulatory
Morocco Prepares Cryptocurrency Regulation as Central Bank Explores Digital Currency
Morocco is advancing plans to regulate cryptocurrency use, with a draft law currently in the process of adoption, according to Abdellatif Jouahri, governor ...
Regulatory
Global: ECB Advances Digital Euro Preparations Amid Debates on Holding Limits and Privacy
The European Central Bank (ECB) continues its preparatory work for a potential launch of the digital euro by October 2025. The latest progress ...
Regulatory
Global: Lawmakers Propose AI Studies in Financial Services and Housing
U.S. lawmakers are advancing a legislative push to evaluate the impact of artificial intelligence (AI) on the financial services and housing industries. Representative ...