The case involves substantive litigation that could yield important legal principles for the treatment of decentralised projects.
Decentralised autonomous organisations (DAO) are unique structures that operate...more
The government will enact the new legislation to bring issuers of fiat-referencing stablecoins into the regulatory perimeter.
On 17 July 2024, the Financial Services and the Treasury Bureau and the Hong Kong Monetary...more
7/29/2024
/ Blockchain ,
Compliance ,
Consultation ,
Corporate Issuers ,
Court of Justice of the European Union (CJEU) ,
Cross-Border ,
Cryptoassets ,
EU ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Licensing Rules ,
Sandbox ,
Stablecoins
MAS has published new requirements for DPT service providers and a consultation paper on additional regulations and prohibitions against unfair trading practices.
On 3 July 2023, the Monetary Authority of Singapore...more
7/21/2023
/ Blockchain ,
Consultation ,
Custody ,
Financial Institutions ,
Financial Services Industry ,
Monetary Authority of Singapore ,
Payment Systems ,
Payment Tokens ,
Singapore ,
Token Sales ,
Trusts
The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks.
On 6 June 2022, the Hong Kong Securities and Futures Commission (SFC) issued a...more
The HKMA’s discussion paper seeks feedback on its proposed regulatory approach to stablecoins, with responses due by 31 March 2022.
On 12 January 2022, the Hong Kong Monetary Authority (HKMA), Hong Kong’s principal...more
For market participants pivoting toward ESG and digital assets, weighing the issues at the crossroads of these two megatrends is critical.
The huge rise in popularity of Bitcoin - and the growing interest by mainstream...more
4/13/2021
/ AML/CFT ,
Blockchain ,
Climate Change ,
Corporate Governance ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Environmental Social & Governance (ESG) ,
Paris Agreement ,
Popular ,
Risk Management
Throughout 2020, cryptocurrencies experienced incremental progress towards the mainstream as institutional investors and financial institutions made positive statements about the nascent asset class, an increasing number of...more
1/29/2021
/ Anti-Money Laundering ,
Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Initial Coin Offering (ICOs) ,
Investment Firms ,
Investors ,
Popular ,
Virtual Currency
The HKMA introduces a new data sharing initiative, reported on the central bank digital currency initiative, and outlined regtech plans.
The fifth annual Hong Kong Fintech Week conference kicked off with speeches and panels...more
11/4/2020
/ Blockchain ,
Commercial Loans ,
Data-Sharing ,
Digital Currency ,
Exports ,
Financial Institutions ,
FinTech ,
Hong Kong ,
Imports ,
Open Banking ,
Popular ,
Regulatory Oversight ,
Small and Medium-Sized Enterprises (SMEs) ,
White Papers
A collaborative project led by the Global Blockchain Business Council represents an unprecedented effort to analyze the technical and regulatory blockchain landscape.
On October 14, 2020, the Global Blockchain Business...more
Crypto-asset trading is a fast-growing part of the financial sector. Some countries have wholeheartedly embraced crypto-assets; others have been reticent to permit widespread adoption. Generally, countries have interpreted...more
Initial Coin Offerings (ICOs) involve issuers offering virtual coins or tokens that are created and disseminated using distributed ledger or blockchain technology. The capital raised from the offer will fund the development...more
9/5/2017
/ Blockchain ,
Canadian Securities Administration ,
Cross-Border Transactions ,
Distributed Ledger Technology (DLT) ,
Financial Conduct Authority (FCA) ,
FinTech ,
Howey ,
Initial Coin Offering (ICOs) ,
Monetary Authority of Singapore ,
Securities ,
UK