WebMarkets in Crypto-Assets. Markets in Crypto-Assets ( MiCA) is a proposed regulation in EU law. It is intended to help streamline distributed ledger technology (DLT) and virtual asset regulation in the European Union (EU) whilst protecting users and investors. WebJan 12, 2024 · The Hong Kong Monetary Authority (HKMA) today (12 January) issued a discussion paper on crypto-assets and stablecoins (the “Paper”), inviting views from the industry and public on the relevant regulatory approach. The Paper sets out the HKMA’s thinking on the regulatory approach for crypto-assets particularly payment-related …
FASB Settles on Fair-Value Accounting for Measuring Crypto Assets
WebDec 14, 2024 · Crypto-Asset Service Providers. The provision of crypto-asset services in the EU will generally require prior authorization as a "crypto-asset service provider" (CASP, Art. 53 et seq. MiCA) and a seat in the EU. MiCA stipulates a broad set of general and service specific rules CASPs will need to adhere to. These include governance, capital ... WebJul 26, 2024 · Cryptoassets are privately issued tokens based on cryptographic techniques and denominated in their own unit of account. Their value can be extremely … property vine
The ascent of crypto-assets: evolution and macro …
WebNov 30, 2024 · 1.2 Classification. In some situations, crypto assets provide the holder with an interest in an underlying asset. The underlying assets might be commodities (such as gold or oil), intangible assets (such as a license or a patent), artwork, real estate, or some other tangible asset. While some asset-backed tokens represent a claim on the asset ... WebApr 5, 2024 · Total crypto-assets on-chain volume over the past two years surged to a total of US$2.8 trillion in the first half of 2024 alone. Figure 1 illustrates that the volumes in ether (40%) and stablecoins (24%) has … WebJan 26, 2024 · A stablecoin is a crypto-asset whose value is linked or referenced to an underlying asset, giving it relative stability compared to other crypto-assets. This stability gives rise to the potential for use in payments, which may lead to wider incorporation into Hong Kong’s mainstream financial system. The HKMA identified seven key areas of risk: property viewing trips to spain