LONDON : Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms could apply to the sector, a top regulator said on Tuesday.
The European Union on Tuesday approved a first set of comprehensive rules, a step firms said would attract them to set up shop in the bloc. IOSCO members, such as the U.S. Securities and Exchange Commission, Japan's Financial Services Authority and regulators in Britain, Germany and France commit to applying the body's recommendations.
"As I have repeatedly said, the IOSCO recommendations will clarify the extent to which existing principles and guidance could apply to cross border virtual assets and services providers," Servais said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China special envoy to visit Kyiv from Tuesday: Ukraine officialMr Li Hui is expected to meet Ukrainian President Volodymyr Zelensky on Tuesday in Kyiv. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
RFU sets deadline for London Irish to sort out financesLondon Irish must provide assurances they have the funds to complete the 2023-24 season by a deadline of May 30 to avoid suspension, the Rugby Football Union (RFU) said on Monday. London Irish, who have been involved in protracted takeover talks with an American consortium, last month failed to pay their e
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
'The Time Traveller's Wife' musical to open in LondonLONDON : A musical based on hit novel “The Time Traveller's Wife” is coming to London’s West End this autumn in a new theatrical adaptation featuring music and lyrics by Grammy Award winners Dave Stewart and Joss Stone.“The Time Traveller's Wife: The Musical,” about the relationship between arti
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Flying from Sydney to London may take just 2 hours in the next 10 yearsCutting the travel time between the two cities would require travelling via space. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Singapore to host ceremony for Prince William’s global environmental prizeFive winners will get $1.7m each to help scale up their green innovation projects for the future. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »
Indian shares flat as cooling inflation offsets weak global cuesBENGALURU : Indian shares were off to a subdued start on Monday, as optimism over cooling domestic retail inflation offset the weakness in global equities due to worries of an U.S. economic slowdown.The Nifty 50 was up 0.04 per cent at 18,322.40 as of 9:15 a.m. IST, while the S&P BSE Sensex rose 0.09 per
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »