Search Legal Library

942 records found.

Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019
The Order, in force as of January 15, 2019, announces that digital currencies and digital tokens are prescribed to be securities as per definitions set forth herein.

Malaysia

Statement

2019

In Force

Keywords: Digital Currency, tokens, Securities
Memorandum of Understanding Between State of Vermont Office of Secretary of State and Department of Financial Regulation
USA (United States of America), State of Vermont, memorandum between the Secretary of State and Department of Financial Regulation to collaborate on an initiative to potentially implement digital ledger technology or blockchain technology for the purposes of digital record keeping within the captive insurance industry.

USA (United States of America)

Memorandum

2019

In Force

Keywords: Blockchain, Distributed Ledger Technology (DLT), Insurance, Insurance Regulatory Authority
Advice: Initial Coin Offerings and Crypto-Assets
European Securities and Markets Authority (ESMA) advice on initial coin offerings and crypto-assets clarifying EU rules and ESMA position.

European Union (EU)

Guideline

2019

In Force

Keywords: Initial Coin Offering (ICO), Crypto Asset
Proposal for amendment n. 8.0.3 to the DDL n. 989
Proposed amendment to regulations (Senate Act no. 989) to recognize Distributed Ledger Technology (DLT) and blockchain timestamping and validation protocols to digital documents and as referred to in EU Regulation 910/2014, Article 41.

Italy

Bill

2019

Draft Bill

Keywords: Distributed Ledger Technology (DLT), Time Stamp
Regulations for Electronic Money Institutions (EMIs)
The central bank of Pakistan issued regulations for Electronic Money Institutions which are non-banking entities duly authorized to issue means of payments in the form of electronic money, which follows recommendations from the FATF

Pakistan

Regulation

2019

In Force

Keywords: E-Money, Electronic Money, Digital Currency
Draft Enabling Framework for Regulatory Sandbox
The Reserve Bank of India (RBI) first draft of its "Enabling Framework for Regulatory Sandbox" available for public comment, to be submitted by May 08, 2019.

India

Regulation

2019

Draft Document

Keywords: Regulatory Sandbox, FinTech Sandbox, FinTech, Sandbox Framework
Information and Communication Technology Cybersecurity Certification (''Cybersecurity Act'')
The European Parliament's approved Proposal for its Cybersecurity Act. Under the Act, the European Union Agency for Cybersecurity (“ENISA”) is granted a permanent mandate and is tasked to perform as the central provider of cybersecurity expertise and advice including the development of EU policy and law, engage in capacity building, support and cooperation on cybersecurity practices and response to the EU and its Member States, publish guidelines and best practices for cyrbersecurity and promote international cooperation as well as other duties. The Act also establishes the European cybersecurity certification framework (applicable across the EU) in an effort to create a common, certified cybersecurity approach throughout the EU which will also apply to Information and Communications Technologies (ICT) products and services (including the Internet of Things (IoT)).

European Union (EU)

Regulation

2019

Adopted

Keywords: cybersecurity
NIST Roadmap for Improving Critical Infrastructure Cybersecurity Version 1.1
A companion document to the National Institute of Standards and Technology (NIST) cybersecurity framework which sets forth the roadmap and agenda for further enhancement and revision of the framework and development, alignment and collaboration of cybersecurity related activities and responses.

NIST

Strategy

2019

In Force

Keywords: cybersecurity, Risk Management Framework
Maryland Senate Bill 136: Corporations - Corporate Records and Electronic Transmission
The state of Maryland bill signed into law provides for the use of "distributed electronic networks" (such as blockchain and distributed ledger technology (DLT) ) to maintain and trainsmit certain corporate information, stock ledgers and specific communications.

USA (United States of America)

Law

2019

In Force

Keywords: Blockchain, Distributed Ledger Technology (DLT), Corporate Records
Report of the Committee to propose specific actions to be taken in relation to Virtual Currencies
The Department of Economic Affairs’ (under the Finance Ministry) FinTech report did not make a single recommendation on regulating virtual currencies. The Steering Committee, which authored the report, however, made 45 concrete recommendations in the report on issues such as open APIs, consumer protection, drone technology, etc.

India

2019

Keywords: Crypto Currency
Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019
This is the report released to public domain in July 2019, which was previously reviewed by a high-level Inter-Ministerial Committee of Ministry of Finance.

India

Bill

2019

Draft Bill

Keywords: Crypto Currency
Guidance on Cryptoassets
This guidance aims to help firms have a better understanding of whether their crypto asset activities fall under FCA regulation. Firms will also know whether they need to authorized and what they need to do to ensure they are compliant. Consumers should be mindful of the absence of certain regulatory protections when considering purchasing unregulated crypto assets. Unregulated crypto assets (e.g. Bitcoin, Ether, XRP etc.) are not covered by the Financial Services Compensation Scheme and consumers do not have recourse to the Financial Ombudsman Service.

UK (United Kingdom)

Guidance

2019

Keywords:
Guidance on the use of Innovative Technology Arrangements and the acceptance of Virtual Financial Assets and Virtual Tokens through the implementation of a Sandbox Environment
This paper presents the Malta Gaming Authority’s position in regard to the acceptance of VFAs and the use of ITAs, including DLT platforms and smart contracts, by operators regulated by the MGA. More specifically, it identifies and examines the details of a regulatory sandbox. The sandbox started on 4 September 2019 and shall conclude on 31 December 2021.

Malta

Guideline

2019

Keywords: Crypto Asset
In search for stability in crypto-assets: are stablecoins the solution?
The discussion paper asserted that stablecoins manifest a trade-off between the innovation in the stabilization mechanism underpinning the virtual currency and the stability of the value of the currency that is backed by.

European Union (EU)

Opinion

2019

Keywords: Crypto Currency, Crypto Asset
Guidance – Regulation of Digital Securities Activity in ADGM
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has enhanced its crypto guidance. This is the second edition to the initial guidance published in June 2018 and it regulates entities operating crypto-asset businesses, including activities undertaken by crypto-asset exchanges, custodians and other intermediaries.

United Arab Emirates

Guidance

2019

Keywords: Digital Currency, Digital / Virtual Asset

Search Legal Library

Search The DFSO Legal Library

The DFS Observatory

Contact the DFSO

DFSO Sponsors

Search Legal Library

Search The DFSO Legal Library

Pages