Key developments of interest over the last month include: the European Parliament’s ECON Committee adopting draft reports on the European Commission’s PSR and PSD3 legislative proposals; ESMA consulting on 'reverse...more
Major Developments- Justice Department Announces Enforcement Action Charging Six Individuals with Cryptocurrency Fraud Offenses in Cases Involving Over $100 Million in Intended Losses...more
The Bank of England and HM Treasury have announced the next steps in the development of a U.K. Central Bank Digital Currency. These include the following...more
Crypto Rating Council releases its securities law framework - On May 11, 2021, the Crypto Rating Council (CRC) released the securities framework it developed to assess the likelihood of a digital asset being deemed a...more
What has happened? The Bank of England (BoE) has confirmed that its revamped real-time gross settlement (RTGS) system will be compatible with interface systems that run on blockchain-based technology....more