Managers of Wealth Fintech

Bermuda blockchain and cryptocurrency regulation 2022

Bermuda has been recognised as a global leader in the regulation of businesses using blockchain and cryptocurrencies.

France fines Google, Facebook millions over online tracking consent

Cookies have been a source of privacy concerns because they can be used to track users

The focus on ESG: Spotlight on data

Investors and financial professionals’ interest toward ESG principles is driving the regulatory change and will continue to demand new standards we have never considered before.

Credit building start-up Petal raises $140m in Series D, faces lawsuit

The suit, filed by entrepreneur Cassandra Shih, alleges that she developed the idea for a firm that would facilitate credit for immigrants with little or no credit history.

Hong Kong: Police ‘informal freeze’ of bank accounts held invalid – Implications for financial institutions and businesses

The Police have been developing and will soon launch a free software to assist businesses in identifying phishing scams.

Finalized Cybersecurity Rules Revive IPO Hopes in Hong Kong

This could potentially signal relief for Hong Kong which was originally expected to be a smooth, top option for listed Chinese firms

Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report

The report quotes a person in the Finance Ministry who also said cryptocurrency traders should prepare for increased surveillance.

DIFC launches specialised court for Dubai digital economy

It will deal with national and international disputes related to current and emerging technologies and cover a wide variety of fields including big data, blockchain tech, artificial intelligence, cloud services, unmanned aerial vehicles, 3D printing techn

DIFC launches specialised court for digital economy

“The goal of the judicial system and courts in Dubai is to deliver prompt justice in a country where the law prevails,” he added.

CFTC files charges against Delaware-registered Blockratize

The order finds that, beginning in approximately June 2020, Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as “event markets.

Valencia police arrest one of Europe’s biggest cryptocurrency fraudsters

Valencia Guardia Civil arrest one of Europe’s biggest fraudsters of fake cryptocurrency investments

Viola Money enters administration

The special administration process includes provisions to facilitate the return of customer funds by the special administrators.

Digital banking and crypto regulations in Malaysia

The court held that although the cryptocurrency is not legal tender in the country, cryptocurrency trading is not illegal.

The impact of the EU digital initiatives on the creation, exploitation of and access to digital rights and assets

Regulators across the globe are currently developing strategies to address the challenges of the digital economy.

KENYA: Regulation of Digital Lenders

The Act also provides that the CBK will make regulations necessary to give effect to the Act.

Vietnam to issue 5G licenses in 2022 after pandemic delays

Coverage to start in major cities and industrial zones

Hong Kong residents lose HK$726 million in 2021 to phone scammers pretending to be mainland Chinese officials

Locals targeted by tricksters claiming ‘discrepancies’ in personal information for Covid-19 vaccine

DLA Piper advises Paradox

Serving global clients with hiring needs across high-volume hourly and high-skilled professional roles, Paradox streamlines tasks like screening and interview scheduling through mobile-first interactions with its conversational assistant, Olivia.

FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin

The U.S. Department of Justice (DOJ) announced this week that the U.S. has “filed a civil forfeiture complaint” to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation

Germany to explore digital justice tools for citizens

It delivers a prototype that has already been adapted to the needs of future users through user feedback.

Legal,Regulation,Tax & Compliance