Regulatory amendments in several popular jurisdictions in the gaming industry have prompted many companies to look for other alternatives. One of the destinations that is generating growing interest is Anjouan – a relatively...more
The Israel Tax Authority and the Ministry of Finance have published a memorandum of law to regulate the digital asset sector in Israel. This memorandum recognizes digital assets for the first time as capital assets subject to...more
11/26/2024
/ Annual Reports ,
Capital Gains ,
Capital Gains Tax ,
Capital Markets Authority ,
Comptroller ,
Cryptoassets ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Foreign Currency ,
Israel ,
Policy Memorandums ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Oversight ,
Tax Authority
In October of this year, the Israel Securities Authority published a memorandum of law aimed at regulating broker-dealer activities in Israel. Public comments will be accepted until 21/11/24. At issue is an initiative that...more
The EU is continuing to shape the regulatory landscape in the crypto market After the Markets in Crypto-Assets Regulation (MiCA) entered into force in June 2024, a significant step took place last July with the publication of...more
11/12/2024
/ AML/CFT ,
Compliance ,
Cryptoassets ,
Cryptocurrency ,
EU ,
European Banking Authority (EBA) ,
FATF ,
Israel ,
Money Laundering ,
Regulatory Requirements ,
Travel Rule
Curaçao, renowned as one of the most popular jurisdictions in the online gaming industry, is launching a significant reform in its licensing and supervision of gaming companies. This reform is part of a broader legislative...more
In recent years, a new field called “prop trading” has emerged. It enables traders to trade financial products such as stocks, commodity bonds, cryptocurrencies, CFDs, and forex products without using their own money, but...more
7/22/2024
/ Capital Markets ,
CFTC ,
European Securities and Markets Authority (ESMA) ,
Forex ,
Investment Management ,
Investment Portfolios ,
Israel ,
Israel Securities Authority (ISA) ,
Proprietary Trading ,
Regulatory Authority ,
Trading Platforms
Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The...more
The US Securities and Exchange Commission (SEC) recently approved the applications of 11 asset and investment management firms to launch exchange-traded funds (ETFs) that track bitcoin on the spot market. This event heralds...more
This past August, the US Securities and Exchange Commission took enforcement action against Impact Theory, a US media company that sold NFTs called “KeyNFTs.” It filed a second enforcement action shortly thereafter, against...more
The Israel Securities Authority recently promulgated its revised legislative proposal addressing the applicability of securities laws to digital assets. The proposed legislation aims to determine how securities laws will...more