Weekly Regulatory Update (Week 15, 14/04/2022 - 20/04/2022)
IMF calls for uniform crypto regulatory framework globally. Germany is the ‘most crypto-friendly country,’ says a recent report. Oman plans to allow issuance of real estate tokens.
Key Takeaways
On Tuesday, The International Monetary Fund (IMF) released its quarterly Global Financial Stability Report, in which it encouraged global policymakers to implement a uniform regulatory framework for crypto.
Germany surpassed Singapore as the most crypto-friendly country in the world in a recent report from Coincub that ranks 46 countries. The report looks into countries’ crypto acceptance based on a number of factors, including ICO status, fraud prevalence, and general availability.
Oman’s virtual asset regulatory framework is set to include real estate tokenization, which will allow the issuance of virtual assets such as real estate tokens for the first time. The country aims to open up real estate opportunities for local and foreign investors.
Highlights
Europe's largest electronics retailer to install bitcoin ATMs
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
El Salvador’s bid for bitcoin bonds sinking as IMF deal 'practically dead'
BoJ official says digital yen won’t be used to achieve negative interest rate
Texas, Alabama securities regulators block sales of ‘metaverse’ casino NFTs
Tencent nearing launch of Digital Yuan wallet-WeChat integration
New Virginia law allows state-chartered banks to custody crypto
EU crypto firms protest ‘alarming’ anti-money laundering laws
Regulatory arm of UAE Financial Centre releases DeFi discussion paper
Alleged Hydra administrator Dmitry Pavlov reportedly arrested in Russia
Bitcoin miners to face tougher penalties in Iran if they operate illegally
G20’s Latest Crypto Policies
G20's Regulatory Heatmap
G20’s Crypto Taxation
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