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The Swiss government has advised regulators not to create new legislations but instead make adjustments to existing laws to accommodate companies in the blockchain and cryptocurrency space. The amendments should focus on enhancing Switzerland’s position as a blockchain-friendly country, the Swiss Federal Council said last week. Switzerland’s Federal Council released...
The Securities Commission Malaysia (SC) has announced the completion of a pilot project called Project Castor which sought to explore the technical implementation and feasibility of using blockchain technology as the underlying market infrastructure for unlisted and over-the-counter (OTC) markets. Datuk Syed Zaid Albar, chairman of Securities Commission Malaysia, announced...
The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has announced that it has been granted a full license as a provider of distributed ledger technology (DLT) from the Gibraltar Financial Services Commission (GFSC). The company said that the license makes GSX the...
Considered amongst the most advanced startup ecosystems in the world, Israel is now quickly emerging as a leading blockchain hub. Israel's development of cutting-edge technologies in software, communications and the life sciences have evoked comparisons with Silicon Valley. Nicknamed the Startup Nation, Israel currently has the highest density of startups...
The Swiss Financial Market Supervisory Authority (FINMA) has granted its first authorization to a cryptocurrency company. Crypto Fund AG, a subsidiary of Crypto Finance AG, has become the country’s first crypto asset manager to be approved by the financial regulator, it said on Tuesday. Crypto Fund, one of the three...

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