Category: draft

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Mauritius Regulator to Provide Licenses to Digital Asset Custodians

The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited...

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Draft Regulating ‘Electronic Money’ Prepared in Romania

A draft ordinance aiming to regulate the issuance of “electronic money” has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the...

Bermuda Reveals Draft Crypto Regulations, Plans to Embrace ICOs 0

Bermuda Reveals Draft Crypto Regulations, Plans to Embrace ICOs

The Bermuda Monetary Authority has issued a consultation paper on draft regulations pertaining to “virtual currency businesses” and initial coin offerings (ICOs). The proposed bill seeks to create a framework that encourages and fosters...

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Bill “On Digital Assets” Filed in the Duma, Disagreements Resolved

The draft-law “On digital financial assets” aimed at regulating crypto-related matters in Russia has been officially filed in the State Duma on Tuesday. Disagreements between the Central Bank and the Ministry of Finance have...