#regulation
Australia to Require Financial Licenses for Cryptocurrency Exchanges Starting November 2024
From November 2024, cryptocurrency exchanges in Australia will be required to obtain financial services licenses, according to new regulations announced by the Australian Securities and Investments Commission (ASIC). Alan Kirkland, an ASIC commissioner, revealed details of the initiative at the AFR Crypto and Digital Assets Summit in Sydney, emphasizing the need for stricter oversight of…
Argentina’s Congress Passes Legislation to Regulate Virtual Wallets Impacting 10 Million Citizens
Advancing Crypto Regulation to Align with International Standards The Argentine Senate has granted final approval to legislation establishing a registry of Virtual Asset Service Providers (VASPs) overseen by the National Securities Commission (CNV). This legislative move, affecting the operations of crypto exchanges and wallets, is aimed at meeting the minimum requirements outlined by the Financial…
Apple’s New CarPlay: A Last Stand to Dominate the Auto Industry
When Apple Inc. embarked on revamping CarPlay software a few years ago, it initially saw it as a means to counter Android’s encroachment into vehicles. However, with Apple’s abandonment of its own car project, CarPlay has now emerged as the company’s last hope to make significant inroads into the automotive market. The concept behind the…
Advertising