The Rules aim to create a clear regulatory framework for the Philippine crypto industry, provide investor protection, and ensure compliance with anti-money laundering (AML) and counter-financing of terrorism (CFT) standards.…
This approval designates Binance as a licensed broker-dealer in Brazil, allowing it to acquire Sim;paul, a São Paulo-based investment platform authorized to distribute securities and issue electronic money. Binance became…
The licensing showcases Hong Kong’s friendly approach to digital assets regulation, compared with mainland China’s restrictive approach. Hong Kong has also been proactive, as Eric Yip, SFC’s Executive Director of…
The DSS opened for applications in September 2024. Among the first applicants, ClearToken CSD Limited and Montis Digital UK Limited passed the first stage (Gate 1) in mid-December.
At the meeting, Dr. Agama emphasized the importance of consultation, transparency, and integrity in the regulatory process, acknowledging concerns about communication and the need for stakeholder input in regulation-making. He…
The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…
The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…