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.
Policy
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn’t mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.
Do Kwon Successfully Appeals Extradition Decision by Montenegro Court
A previous decision that legal requirements for extradition had been met was rejected by the country’s Appeals Court.
Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts
In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.
Indonesia Vice Presidential Candidate Promises to Create ‘Crypto Experts’ as Election Looms
Indonesia’s dynamic crypto market is a focus for politicians looking to use it to fuel the country’s economic growth.
DCG Can’t Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.
UK Publishes Regulations for a Digital Securities Sandbox
The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.