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The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS … Read more
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset … Read more
An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to … Read more
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created in order to facilitate exchanges between the regulator and “companies involved in the innovative financial technology sector.” Portal to Help Promote Development of New … Read more
Sang Lee believes blockchain technology developments have already left traditional banks in the dust, but adoption remains relatively low due to several factors. Go to Source Powered by WPeMatico
People familiar with the matter claimed Brett Redfearn’s departure was due to Coinbase shifting its priorities away from digital asset securities. Go to Source Powered by WPeMatico
According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are now) in the final stages of review.” However, just … Read more
Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended. Crypto Guidelines Set … Read more
Germany’s joint stock company Deutsche Börse (DB) has established a dedicated unit for blockchain and crypto assets Go to Source Powered by WPeMatico
DSTOQ, a decentralized stock exchange for trading security tokens, has launched their MVP. The first version of the DSTOQ platform, which enables investments in real-world assets using cryptocurrency, runs on the Stellar Blockchain test-net. The product demonstrates a paradigm shift in security token trading, with trade execution and settlement times between 2-5 seconds. The post … Read more
