Hong Kong's central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory framework by 2023-24.HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the explosive growth of the stablecoin market … [Read more...] about Hong Kong begins discussions to introduce stablecoin regulatory framework
Framework
1inch Foundation upgrades governance framework
1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. … [Read more...] about 1inch Foundation upgrades governance framework
Indian startup organization proposes regulatory framework for crypto
IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry.On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India.The proposed framework suggests to … [Read more...] about Indian startup organization proposes regulatory framework for crypto
Europe awaits implementation of regulatory framework for crypto assets
The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, all eyes are on the European Union and its bespoke approach to regulating crypto assets.As part of an expansive digital finance package announced in September 2020, … [Read more...] about Europe awaits implementation of regulatory framework for crypto assets
Parity Technologies to propose parachain governance framework for Polkadot
Parity Technologies, the company behind Polkadot, is planning to roll out a new parachain governance framework that could enhance the use case of the network. “Statemint” is the first proposed common-good parachain for the Polkadot network, Parity Technologies announced Tuesday. A common-good parachain is a parachain that’s granted slots via governance as opposed to the auction … [Read more...] about Parity Technologies to propose parachain governance framework for Polkadot