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Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval

[Oct 8 3:30 AM] Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in…

Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs

[Oct 3 2:30 AM] Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local…

South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash

[May 30 5:20 AM] South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns…

Hong Kong-Listed OSL Joins Swiss Banking Giant UBS’s ‘Investment-Grade Tokenized Warrant’

[Feb 11 1:00 AM] The Hong Kong-listed OSL Digital Securities has participated in the Swiss banking giant UBS’s “investment-grade tokenised warrant and simulated product life cycle.” Patrick Pan said the partnership with UBS not only represents a…

Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

[Jan 7 12:30 AM] Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual asset service providers (VASPs) seem “reasonable and understandable.” The lawyer however…

Report: More Than 50 Virtual Currency Platform Operators Want to Join the Taiwan Market

[Sep 12, 2023 4:00 AM] About 52 virtual currency operators have shown interest in joining Taiwan’s financial market, the Financial Supervisory Commission has said. The commission also said that it is planning to announce the region’s first virtual asset…

Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities

[Jun 28, 2023 4:00 AM] The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of…