From Lexology

Dubai Issues Landmark Law to Promote Development of Virtual Assets Market

On March 11, 2022, Dubai Law No. 4 of 2022 on the Regulation of Virtual Assets in the Emirate of Dubai (Virtual Assets Law) was published in the…

20 April 2022

The Fintech boom and its development in El Salvador

The growing technological development has had an impact on the structure and the form the financial sector operates, Accelerating its evolution…

18 April 2022

Canada: Changes to Regulations Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act - Part 1

On April 5, 2022, the Department of Finance released amending regulations (Regulations) to the regulations under the Proceeds of Crime (Money…

18 April 2022

Final draft technical standards on risk retention requirements for securitisations published by EBA

On April 12, 2022, the European Banking Authority (the "EBA") issued a press release announcing the publication of its final draft Regulatory…

17 April 2022

Important Development in the Payment Services Legislation in North Macedonia

In April 2022, the Parliament of North Macedonia adopted the Law on Payment Services and Payment Systems ("Law"), which is greatly harmonized with…

15 April 2022

The U.S. Secretary of the Treasury Offers Insights into the Future of Digital Assets: Is Functional Regulation on the Horizon?

U.S. Secretary of the Treasury Janet L. Yellen offered new insights into the U.S. Administration’s view of the future the regulatory framework for…

13 April 2022

The EU steps up the debate on a proposed regime for crypto-asset markets

The draft Markets in Crypto-Assets (MiCA) Regulation aims to regulate crypto-asset issuers and service providers and harmonise the legal and…

13 April 2022

Thailand's Ban of Digital Assets as Payment Method: New or Old Crypto Dance Moves?

The news so dreaded by the Thai cryptocurrency market has fallen. The Securities and Exchange Commission (SEC), the regulatory body having oversight…

13 April 2022

Dubai moves to become a global hub for digital assets: A first look at the Dubai Virtual Assets Law

On 28 February 2022, the Ruler of Dubai issued Law No.4 of 2022 on the Regulation of Virtual Assets (the "DVAL") in Dubai, which came into effect on…

08 April 2022

UK to amend tax rules in aim to become a “global cryptoassets hub”

In a speech at Innovate Finance Global Summit on Monday 4 April, John Glen, Economic Secretary to the Treasury, set out the UK Government’s goal to…

06 April 2022

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