Basle Committee submits proposals for capital treatment of crypto-assets
The Basle Committee on Banking Supervision (BCBS), the global standard setter for regulatory standards for banks, issued a consultation paper on the prudential regulation of crypto-assets and related services. The paper includes proposals for the capital treatment of certain crypto-assets, which would boil down to a [...]
FATF includes draft interpretive note on virtual assets
The Financial Action Task Force (FATF), the global standard setter for anti-money laundering (AML) and combatting of terrorist financing (CTF) rules and regulations, continues to issued guidance on how to tackle AML/TF risks associated with virtual or digital assets. FATF has issued a draft interpretive note [...]
BaFin authorises Bitbond STO
Germany BaFin has authorised the country’s first STO. Bitbond can now issue security tokens. Bitbond is a platform that offers online loans globally using bitcoin and has been in operation since 2013. Its purpose is to provide access to capital for small businesses. The company already [...]
The ACTUS Financial Protocol
Where digital assets represent a financial instrument DALAW works on the basis of the ACTUS Financial Protocol (AFP). ACTUS is the Algorithmic Contract Types Unified Standard, a project aimed at creating a global standard for the consistent representation of financial instruments. ACTUS achieves this by focusing [...]