Consultation Financial News

01.06 / 07:07

Government Law regulation ChatGPT consultation Australia asks if ‘high-risk’ AI should be banned in surprise consultation

The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.

09.05 / 15:09

Gaming goldman sachs DApp Central Bank Investment Bitcoin consultation saga Support Today in Crypto: Bank of Canada Opens Public CBDC Consultation, Solana' Saga Phone Available for Orders, 32% of Family Offices Investment in Digital Assets, Binance NFT to Support Bitcoin Ordinals

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.04 / 11:25

Align consultation HM Treasury opens consultation for taxing DeFi cryptoassets

The consultation aims to create a framework that aligns “the taxation of cryptoassets used in DeFi lending and staking transactions (DeFi transactions) with the underlying economic substance, whilst reducing the administrative burden on users. The proposal explains that one of the measures announced last April was to explore and resolve specific issues regarding the taxation of the DeFi activities of lending and staking.

12.04 / 07:03

Government Europe virtual reality Survey Research augmented reality consultation France's Metaverse consultation seeks input on alternative to tech ‘giants’

The French government is seeking public comment on the Metaverse, or what it’s calling the “virtual immersive universe,” to shape "a French strategy" for the up and coming sector and offer an alternative to the "international giants."

13.02 / 18:37

Blockchain Provident FIVE Digital Mobile consultation UK kicks off consultation on digital pound

Bank of England governor Andrew Bailey says: “As the world around us and the way we pay for things becomes more digitalised, the case for a digital pound in the future continues to grow. A digital pound would provide a new way to pay, help businesses, maintain trust in money and better protect financial stability.“However, there are a number of implications which our technical work will need to carefully consider.

07.02 / 12:55

Provident FIVE Digital Mobile consultation UK kicks off consultation on digital pound

03.02 / 16:27

Provident consultation Australian Australian Government publishes token mapping consultation paper

In August 2022 the Government announced that it would take a more serious approach to the crypto ecosystem, and that “token mapping” would be a “foundational step in the Government’s multi-stage reform agenda that commits to developing appropriate regulatory settings for the crypto sector.” The paper explains that “token mapping is the process of identifying the key activities and functions of products in the crypto ecosystem and mapping them against existing regulatory frameworks.” It notes that token mapping is a key first step to planned and future crypto ecosystem initiatives and will: (a) ensure consistency in regulating activities (i.e. be technology neutral) (b) facilitate existing policy goals (i.e.

18.01 / 22:25

FIVE Digital consultation UK associations form crypto industry alliance; government preps consultation on digital pound

By combining the expertise and extended network of the five associations, the group will seek to enable a safe and secure environment for innovators to grow and attract international investment into the UK, while also helping to create a constructive bridge between the associations representing both incumbents and the emerging players in the sector.The formation of the group comes after the economic secretary to the Treasury Andrew Griffith told MPs that the UK was committed to becoming a world crypto hub. Griffith told the Treasury Select Committee that the government was "a long way down the road...

16.01 / 17:13

FIVE Digital consultation UK associations form crypto industry alliance; government preps consultation on digital pound

11.01 / 15:07

FIVE Digital consultation UK associations form crypto industry body; government preps consultation on digital pound

14.12 / 09:07

Government Stablecoin regulation consultation Australian Australian 'token mapping' consultation paper to release in early 2023: Treasurer

Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative.

18.10 / 01:07

regulation lending Bankruptcy guidance consultation Celsius judge says court may look to UK consultation paper in absence of US guidance

The lack of crypto regulation in the United States has long complicating the lives of users and service providers, and now a judge has acknowledged the pain the judiciary feels from its absence too. Chief United States Bankruptcy Judge Martin Glenn, the judge who is leading the Celsius case, said the court will look abroad for guidance in the case.

20.09 / 13:35

CBDC regulation consultation US Treasury Begins Public Consultation on How to Regulate Crypto

03.06 / 09:35

CBDC RBI Bitcoin consultation Ahead of govt consultation paper launch, RBI DG says CBDCs can kill case for cryptocurrencies

consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced central bank digital currencies (CBDCs) can «kill» whatever little case that exists for private virtual currencies like Bitcoin. Sankar also attacked 'stable coins' which are pegged to a particular currency. The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are essentially speculative in nature. It has gone public with the same, even as the government has yet to make its stance clear. Earlier this week, the Department of Economic Affairs in the Ministry of Finance had said it will soon be coming out with a paper on such private cryptocurrencies.

02.06 / 05:49

cryptocurrency Crypto exchanges RBI consultation Crypto community high on hopes as govt finalises consultation paper

According to Economic Affairs Secretary Ajay Seth, the government is taking inputs from various stakeholders, including the World Bank and International Monetary Fund (IMF). The government bureaucrat said that the consultation paper is almost ready and the government has gone deep into it. Seth remained tight-lipped over the timeline, but the sources suggest that it can be tabled in August this year.

31.05 / 14:25

regulation Indian Government Bitcoin consultation India cooperates with IMF on crypto consultation paper

The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could bring the country of 14 billion people closer to the international regulatory consensus on digital assets.

30.05 / 13:57

cryptocurrency consultation Centre Centre Ready With Consultation Paper On Crypto: Economic Affairs Secretary

Cryptocurrency investments are currently taxed at 30%.

28.04 / 14:19

Citi Digital Strategy Mobile HKMA e-HKD consultation HKMA Seeks Public Consultation for e-HKD Development

In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency (rCBDC), or e-HKD.

14.04 / 12:49

Provident Target Digital digital euro consultation EBAday 2022: EU wrestles with digital euro privacy concerns in targeted consultation

The consultation will run until the 14th of June, and considers whether issues including users needs and expectations for a digital euro, the digital euro’s role for the EU’s retail payments and digital economy, the application of AML-CFT rules, privacy and data protection aspects, and international payments. The EU has yet to make a decision about whether or not to issue a digital currency at all, and the consultation is a strong precursor to any decision or law drafting rumoured to come out early in 2023.

06.04 / 00:13

regulation Europe European Union Euro digital euro consultation European Commission opens new consultation on digital euro

The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro.

01.02 / 15:39

consultation Concerns over FCA independence and market security remain as government publishes results of post-Brexit consultation

Concerns that politicians will begin interfering in regulation and threaten the stability of markets remain as the government looks to push ahead with plans to overhaul the UK's financial services rules in the wake of Brexit.

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