Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Assets and Related Activities Regulations 2023. The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability and cross-border financial security. The UAE has remained committed to enabling these drivers safely, updating its oversight and regulatory approach, addressing global risks […]
LCX is the first company in the cryptocurrency industry to issue a fixed-yield-earning product (EURt7 tokenized bond) that is based on an approved securities prospectus. The EURt7 tokenized bond has been approved by the Regulator in Liechtenstein and has been passported across 29 European additional countries. This is a significant milestone for LCX as it demonstrates […]
The financial regulatory innovation committee (FRIC) held its 6th meeting on January 19 and discussed measures to improve regulations in capital markets. The measures include (a) improving foreign investors’ access to capital markets through abolishment of the foreign investors’ registration system and phased expansion of English disclosure requirement to boost the global dynamism in domestic capital […]