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Italy recognises the legal value of DLTs and smart contracts

The Italian Parliament has approved the law provision introducing a definition of distributed ledger technologies and smart contracts in the Italian legal framework

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US CFTC to prioritise cryptocurrency in 2019

For the first time, the US Commodity Futures Trading Commission has published its examination divisional priorities, which will include a focus on cryptocurrency

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Central bank of South Korea issues study on effects of CBDCs on financial stability

The Bank of Korea has issued a study that investigates the effects of the introduction of a central bank digital currency on financial stability

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European Commission adopts Delegated Regulation amending MiFID II tick size regime

The Delegated Regulation amends RTS 11 as regards the possibility to adjust the average daily number of transactions for a share where the trading venue with the highest turnover of that share is located outside the EU

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Isle of Man launches blockchain office and sandbox

The Blockchain Office aims to facilitate a dialogue between businesses and regulators and businesses will be able to apply to participate in the Blockchain Sandbox through it

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ASIC fines firm for alleged breach of disclosure obligations

The Australian Securities & Investments Commission has fined a diversified technology, food and wine distribution company AU$33,000  for not complying with its continuous disclosure obligations

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ESMA sets out use of UK data in its databases under a no-deal Brexit

The European Securities and Markets Authority has stated that, in the event of a no-deal Brexit, the UK Financial Conduct Authority will stop sending data to ESMA and will no longer have access to ESMA's IT applications and databases

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EU intellectual property body to use blockchain in fight against counterfeiting

The European Union Intellectual Property Office has launched a new forum to be built on blockchain technology that bring together people and organisations to shape and deliver the future anti-counterfeiting infrastructure

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