UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.
crypto
UK Publishes Regulations for a Digital Securities Sandbox
The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
Lawmaker Calls for the UK Government to Do More for Blockchain
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Crypto venture capital firm C1, which is led by former Coinbase executives, has met with several cryptocurrency groups and Australian venture firms offering to buy private holdings from investors using its $500 million ($AUD 760 million) fund, according to the Australian Financial Review.
Basel Committee Seeks to Consult on Stablecoins Risk Treatment
Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred.
India Won’t See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India’s government overseeing the financial evolution of the nation.
UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.