11 companies form Canadian Web3 Council to advocate for comprehensive crypto ...
The association will champion the creation of a clear digital asset regulatory framework for Canada. A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together exchange platforms, blockchain projects and tech investors, the association will work to advance blockchain-related policies that balance “innovation, consumer protection, and stability”. The open letter from Web3 Council announcing its launch came out on....
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A group of companies has created the Canadian Web3 Council, a non-profit organization. Aimed at making Canada a “leader” in the digital economy, including blockchain and cryptocurrencies. This organization is comprised of distinguished companies in the sector, according to a press release. Related Reading | Interview With Ether Capital On Their Bet In Ethereum 2.0 […]
The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members of the country’s expanding crypto industry, will join the body.
Federation Council to Prepare New Regulations for Cryptocurrencies in Russia
The Federation Council, the upper house of Russian parliament, is establishing a working group of experts to take on the task of developing additional regulations for Russia’s growing crypto space.....
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption.
Comprehensive Crypto Regulation Moves Closer to Adoption in EU
The Committee of Permanent Representatives (COREPER) has approved the final version of the Markets in Crypto Assets (MiCA) legislation, according to a document published by the Council of the European Union after a meeting on Oct. 5. The committee is....
A new Canadian exchange launched this week, offering cheaper rates than the incumbent, and touting an advanced API. Toronto-based Vault of Satoshi is offering trades between fiat currency and either bitcoin or litecoin. The exchange, which is offering all of its services at 0.5% or below, is entering a relatively uncrowded market in Canada. The incumbent is Virtex, a Canadian exchange with fees of 1.5% for transactions less than 400 bitcoins over 120 days. To get the 0.5% rate from Virtex, you'd need to trade more than 2,000 bitcoins over three months. "I would say that we have one of the....
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process. The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com and the Canadian platform Coinsquare Capital Markets, have already filed those....