Global Blockchain Business Council (GBBC)’s Post

My latest co-authored article, "Many VASPs, Many Masters: United Arab Emirates – A Complicated Yet Permanent Home for Crypto," has been published in the International Journal of Blockchain Law by the Global Blockchain Business Council. 🌍💼 In this article, we delve into why the UAE stands out as a premier jurisdiction for Virtual Asset Service Providers. We explore the diverse regulatory landscape, comparing different regulators and their implications for VASPs operating in the region. 🔍 What you’ll discover: Insights into the regulatory environment for VASPs in the UAE. The strengths and challenges of various UAE regulators. How the UAE remains a key player in the global crypto ecosystem. Don’t miss out on understanding why the UAE is the ultimate destination for crypto ventures. 👉 Read the full article: https://t.ly/UQ4xJ #Blockchain #Crypto #VASPs #UAE #Regulation #DigitalAssets #Fintech #BlockchainLaw

Turkish #Crypto landscape is changing drastically for crypto asset service providers (#VASPs) with the #new #law amending Capital Markets Law. To learn about what this new structure brings please find Ahmet Demirtaş and Elçin Karatay's new article in International Journal of Blockchain Law of Global Blockchain Business Council (GBBC)! #solakpartners #blockchainlaw

Read our (TLP Advisors) latest article "Many VASPs, Many Masters: United Arab Emirates – A Complicated Yet Permanent Home for Crypto," in the IXth volume of the International Journal of Blockchain Law, published by Global Blockchain Business Council (GBBC)! 📚 🌏 In this article, we explore why the UAE has emerged as a leading jurisdiction for Virtual Asset Service Providers. We analyze the region's multifaceted regulatory framework, comparing the roles of different regulators and their impact on VASPs operating within the UAE. Gain valuable insights into why the UAE is the ideal hub for crypto ventures! 🚀

As a Latvian, I am proud to be reading the interview below where Valainis, Minister of Economics, sees blockchain technology as a catalyst for Latvia's economic growth: "Blockchain can significantly enhance sectors like financial services, public administration, supply chain, healthcare, and real estate." In June this year, regulators in the country pushed forward its “Crypto Asset Services Law,” which aims to offer a clear regulatory framework to foster growth and attract investment and supports the country’s ambitious plans to become a hub for blockchain and cryptocurrency enterprises. Valainis believes in the law’s anticipated impact and outlined Latvia's strategic vision for leveraging blockchain technology to drive its economic transformation. Valainis emphasized that the new law provides essential legal clarity for the industry, which will be “crucial for making informed investment decisions," he stated. "We are committed to a business-friendly environment. Our crypto regulation, in cooperation with the Bank of Latvia and the State Revenue Service, aims to protect consumer rights while meeting market needs." said Valainis. Latvia also plans to enable tax payments and company equity contributions with crypto assets, enhancing the ease of doing business. I am proud to see Latvia moving fast in adopting the MiCA regulation and contributing to The Latvian Blockchain Association (LBAA) as its valued member. Are you excited about the MiCA too? MiCA is not a silver bullet, and a discussion to improve it is needed. Sources: LBAA member channel on Telegram and Cointelegraph (link in the comments) #web3 #crypto #technology #innovation #Latvia

Emerging topics in #Blockchain #Law and insightful #crypto-topics from various #jurisdictions Key takeaways from Global Blockchain Business Council (GBBC) journal issue Good to see many jurisdictions coming up with #BlockchainLaw, #NFTlaw and #Cryptoregulation ✅ #Switzerland’s progressive approach to blockchain #regulation has established the country as a preferred destination for #blockchain-based #businesses. ✅ The Protection Act together with the #NFT Guidelines represent the latest regulatory position on #NFTs in #Korea where the FSC has urged relevant businesses to conduct timely self-assessment. Any #digitalassets that fail to be classified as NFTs would trigger the application of the reporting requirement under the #AMLAct as well as the Protection Act, violations of which may incur #criminal penalties. ✅ #Turkish #CryptoAssetLaw and #MiCAR aim to foster #transparency, #stability, and #investorprotection in the growing #cryptoasset services market. Kudos to Dr. Matthias Artzt and his team and contributors for informative articles #DLT #Cryptocurrency #FinTech #Finserv #Regulation #Supervision #Compliance #Regtech #sandbox #virtualasset #MiCA Mike Flache Francesco Burelli Tony Moroney Panagiotis Kriaris Spiros Margaris Alex Jimenez Nicolas Babin Nicolas Pinto Enrico Molinari Dr. Khulood Almani🇸🇦 د.خلود المانع Sam Boboev Amitav Bhattacharjee Prof. Dr. Ingrid Vasiliu-Feltes Efi Pylarinou Dr. Debashis Dutta https://lnkd.in/ggPsTMN2

New Book: #Cryptolawgy Vol. 2 Attention: The world of crypto and blockchain is evolving rapidly. Stay ahead of the curve with the latest insights. I'm excited to announce that Roland Amoussou will be releasing his new book on Cryptolawgy Vol. 2 in just 7 days! As an international arbitration counsel and arbitrator with a focus on Thailand and the Asia-Pacific region, I've seen firsthand how crypto and blockchain are disrupting businesses and legal frameworks. In this new book, He dives deep into the most important crypto and blockchain law developments from the past year, in which he has analysed new regulations, court cases, trends and more from across the globe. Whether you're an entrepreneur, investor, lawyer or just fascinated by this emerging tech, Cryptolawgy Vol. 2 is a must-read to stay up-to-date. Pre-order your copy today to get it as soon as it's released! Cryptolawgy Vol. 2 will give you an invaluable edge in navigating the fast-changing crypto and blockchain legal landscape. Don't get left behind - pre-order now and lock in all these crucial insights! Let me know if you have any other questions! I look forward to getting Cryptolawgy Vol. 2 into your hands soon.

🇩🇪 Exciting news! The Blockchain Lawyers Forum is making its way to Germany! Join us for an exclusive inaugural event where experienced blockchain lawyers will gather to discuss the latest developments in crypto-assets regulation in the EU. Save the Date: 🗓 November 22, 2023 🕝 18:00h - 20:00h 📍 Berlin We would like to express our sincere gratitude to Joanna Rindell and Dr. Benedikt Flöter for helping us establish the BLF German Hub and to YPOG for graciously hosting this first event. 🌏 BLF is the global network of leading blockchain lawyers. We organize events worldwide, collaborate with universities on multi-jurisdictional research, publish educational legal resources, and actively contribute to shaping the industry's future standards through our members' involvement in regulatory initiatives. 🚀 If you're an experienced blockchain lawyer that would like to participate in this event and join our network, apply for a free membership here: https://lnkd.in/dXbB4Y3C Let's come together to drive blockchain innovation. We look forward to welcoming you in Berlin! #crypto #blockchain #law #berlin #blf #legal #mica #germany

Our firm is excited to have joined the Cyprus Blockchain Technologies Think-Tank! We look forward to participating in the advancement of and exchange of knowledge on blockchain technologies! #Blockchain #Innovation #Fintech #Damianoslaw #GloballyMinded

🇨🇱 The Chilean financial markets regulator (CMF) has recently proposed secondary regulations for the Fintech Law, outlining a more detailed regulatory framework for VASPs to register and operate in Chile. This is why the Blockchain Lawyers Forum (BLF) is returning to Santiago, hosting an exclusive in-person and online breakfast event tailored for seasoned legal practitioners in the blockchain industry. 🌎 We extend the invitation to our Latin American network of blockchain lawyers to join remotely and contribute valuable insights regarding the latest developments in VASPs regulation in Chile. Your perspectives and expertise will enrich our collective understanding of the regulatory landscape. We extend our sincere appreciation to Matías Langevin and HD for organizing and hosting this event. 🌐 BLF is the global network of leading blockchain lawyers. We organize events worldwide, collaborate with universities on multi-jurisdictional research, publish educational legal resources, and contribute to shaping tomorrow's industry standards through our members' involvement in regulatory initiatives. 👩💻 If you are an experienced blockchain lawyer and wish to participate in this event or become part of our network, apply for a free membership here: https://lnkd.in/dXbB4Y3C #blockchain #law #chile #blf #legal #crypto #latam

On July 30, 2024, the State Duma of Russia passed significant legislation in its second and third readings, marking a new stage in the regulation of cryptocurrencies and digital rights. These developments aim to facilitate cross-border settlements and expand the use of digital rights in foreign trade. Key Highlights of the New Regulations: - Cross-Border Settlements: Cryptocurrencies can be used for cross-border settlements under foreign trade agreements within the framework of an Experimental Legal Regime (ELR). - Experimental Legal Regime (ELR): Approved by the Bank of Russia in coordination with relevant departments, this regime will have a special procedure for cryptocurrency settlements, with limited participants and a defined term of validity. - Digital Rights Circulation: New laws allow the circulation of foreign digital rights in Russia and Russian digital rights abroad, enhancing mechanisms for using digital rights in foreign trade. - Cryptocurrency Mining: Establishes legal procedures and conditions for cryptocurrency mining, introducing basic concepts and regulatory framework. These changes represent a significant step towards integrating digital assets into the Russian economy, promoting innovation, and ensuring regulatory oversight. For more updates on cryptocurrency regulations and digital rights in Russia, follow Global Regulatory Insights. #Cryptocurrency #DigitalRights #Regulation #Russia #ForeignTrade #Blockchain #FinancialRegulation #GRI