FinTech Global FS Regulatory Round-up – w/e 23 September 2022
The post below was first published on our Fintech Notes blog In this regular update, we round up FinTech-related financial services regulatory developments for the week...
Tagged: legal updates
Launch of new crypto and NFT products; Treasury publishes FSOC Digital Asset Report; SEC Takes Enforcement Action Against Crypto Promoters, Fraudsters
In this case: • Crypto product launch, report details CBDC pilots and bank crypto exposure • The DAO that governs the DAI Stablecoin invests in US...
The green revolution of blockchain?
As current blockchain technology faces accusations of inefficiency and unsustainability, a new technology is finding its way to counter them. Blockchain Crypto blockchains are a hotly...
NFT > Non-Fungible Token: The Necessity of Registering a Trademark
One of the side effects of the global pandemic of a single medical topic is that most of us have somehow slept through the emergence of...
A big step for FINTECH companies in Montenegro
To comply with the highest European standards and security conditions – Law on Amendments to the Law on Payment Transactions (“Law”) was adopted in the Parliament...
Inclusion vs Volatility: The Impact of Crypto and Blockchain Technologies on Business
There are widely differing opinions about blockchain and cryptocurrency. Business and TMT expert Nicholas Kuria recently spoke to Africa Legal about the impacts of technology on...
As Christie’s allows NFT sales to take place directly on the blockchain – we look again at what NFTs are and the opportunities they provide
Christie’s has announced the launch of ‘Christie’s 3.0’; an “on-chain auction platform dedicated to exceptional NFT art”. Basically, NFT sales at Christie’s will now take place...
Will the gaming industry go all in on crypto?
The popularity of cryptocurrency exploded in 2021 and consumer interest continues to grow. A prospect of particular interest to investors is the use of cryptocurrency in...
NFTs in the metaverse – Lexology
Over the past two years, headline news about the astronomical sales prices achieved for newly minted “Non-Fungible Tokens” or “NFTs” from popular artists and content creators...
Dubai Court Rejects Bitcoin Claims Lacking Evidence of Crypto Wallet Ownership (and Solutions for Digital Asset Disputes in the UAE)
Dubai Court rejects claim for loss of 608 Bitcoins due to lack of proof of ownership of crypto wallet. Dubai Primary Court rules: “…the plaintiff had...