Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

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The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins. The document also calls for regulating crypto mining and smart contracts. Also read: No License…

Abu Dhabi Global Market Launches Regulatory Framework for Crypto Activities

Abu Dhabi Global Market Launches Regulatory Framework for Crypto Activities

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The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi…

Indian Crypto Regulations Ready in July, Official Reveals

Indian Crypto Regulations Ready in July, Official Reveals

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If you thought crypto in India was over, you were probably wrong. According to a recent statement by a high-ranking official, the long-awaited regulations are on the way. A draft framework has been prepared, and authorities in Delhi hope to “wrap this up” as early as the first half of next month. Meanwhile, the Supreme…

Swiss Crypto Company Acquires License to Distribute Funds to Investors

Swiss Crypto Company Acquires License to Distribute Funds to Investors

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Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact…