BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
Dubai releases virtual asset regulations
Dubai's Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued the...
ASIC targets Qoin in latest crypto enforcement move
ASIC has commenced civil penalty proceedings alleging unlicensed conduct and false, misleading or deceptive representations relating to a...
EU to implement "travel rule" for crypto transfers
The EU Parliament and Council have reached a provisional deal to curb money laundering and terrorism financing in Europe by implementing...
Australian Senate Crypto Report - Recommendation 2 - Minimum custody standard for digital assets
The Senate Report into Australia as a Technology and Financial Centre comments on whether there should be government regulated custodial...
Texan State Banks given the green light to custody digital assets
The Texas Department of Banking has released a notice that “Texas state-chartered banks may provide customers with virtual currency...
Venmo joins Paypal in enabling digital currency purchases in-app
In another step towards wider adoption, payment giant Venmo has recently released in-app purchasing of digital currency, giving their 70...
Singapore digital asset custodian given the all-clear
Singapore-based crypto custody firm, Propine gets the green light to commence rolling out its digital-asset custodial services.
Banks rival for custody of digital asset keys
United Overseas Bank (UOB), Singapore’s third largest bank, appears to be making the move into the cryptocurrency space. After...
PayPal promotes payments with digital currency
PayPal announced on 21 October 2020 that it will be offering digital currencies to US customers.