The US Securities and Exchange Commission (SEC) is facing criticism for not providing clear guidance on compliance rules in the digital asset industry.

The European Parliament has released a legal draft that confirms the implementation of strict rules for European banks' involvement with crypto assets. Under the proposed rules, crypto assets would be treated as the riskiest type of asset.

As we wrote earlier, the Financial Services Agency (FSA) of Japan plans to lift the ban on the distribution of foreign stablecoins within the country in 2023. The first details concerning the time frame have been disclosed, шn a conversation with Cointelegraph a representative from the FSA mentioned a few

Those waiting for the European Union’s long-anticipated regulation for Markets in Crypto-assets (MiCA), have recently heard that their wait would now extend to April 2023.

The Central Bank of Nigeria has slightly eased the cash withdrawal limits policy announced earlier. Nigeria is still on route to a full non-cash economy

On the 11th October 2022, the FSB published two consultative reports recommending frameworks for the international regulation of crypto-assets. On the 4th January 2023 they published the commentary responses they received back from 49 different organisations.

The Marshall Islands, where DAOs were previously recognized as legal entities, have now passed a law making DAOs limited liability companies.

From 2023, the Financial Services Agency of Japan will legalize the distribution of foreign stablecoins in the country. At the same time, Kraken crypto exchange is shutting down work on the Japanese crypto market.