An Act to establish the Malta Digital Innovation Authority (MDIA), which will regulate and develop framework for innovation, such as framework concerning Distributed Ledger Technology (DLT), blockchain technologies, smart contracts and the components of its development, including certifying service providers and technology arrangements under the Innovative Technology Arrangements and Services Act..
Malta Digital Innovation Authority. The purpose of the bill is to guide the authoritative body in recognizing and regulating innovative technology arrangements and services. In this bill, "innovative technology arrangements."
Abu Dhabi Global Market, the financial services regulator, has released guidance which is its approach to regulation of Crypto Asset activities (which includes exchanges, custodians and intermediaries and also initial coin offerings or ICOs) and is collectively referred to as the “Spot Crypto Asset Framework”.
The Thailand Royal Decree on Digital Asset Businesses B.E. 2561 (2018) stipulates that the Thai Securities and Exchange Commission (SEC) shall be the main regulator for digital token offering and undertaking of digital asset businesses with the authority to issue relevant rules, conditions and procedures.
Introduces FinTech law to regulate "Fintech Institutions" which include alternative financing and investment activities such as crowdfunding, management of e-money,electronic payments and exchange of virtual assets or cryptocurrency. Option to establish a regulatory sandbox.
Reserve Bank of India (RBI) Circular bans all entities under the purview of the RBI from dealing in virtual currencies or provide services for facilitating any person or entity in dealing with or settling virtual currencies.
The Central Bank of Nigeria issued a circular to banks and other financial institutions on virtual currency operation in Nigeria on January 12, 2017. It emphasizes the risks associated with virtual currencies and immediate measures that need to be taken by banks and financial institutions.
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