Stablecoin framework is near-term priority for Australian regulators
As stablecoin become widely used as a means of payment, Australia is preparing to regulate them accordingly. Payment stablecoin could be incorporated into the framework for regulating stored-value facilities, according to Australian financial regulators who are “working on options”. Such inclusion would be a component of more extensive changes to the nation’s regulatory structure for […]
Abu Dhabi Approves Binance Financial Services Permission
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, a series of regulatory approvals for the exchange. Financial Services Regulatory Authority and Abu Dhabi’s Global Market (ADGM) have given cryptocurrency exchange Binance permission to operate in the area. Binance will be authorized to provide cryptocurrency custodial services to professional clients […]