India's Centre has proposed a regulatory framework for two-wheeled road ambulances, set to become operational from October 1, 2027. This initiative aims to enhance emergency medical access in rural, remote, and hilly areas by addressing current regulatory gaps and ensuring safety standards.
Russia, through Deputy Foreign Minister Alexander Alimov, is calling for a fair international regulatory system for AI, emphasizing joint efforts to prevent digital neocolonialism and ensure non-discriminatory access to technology.
China's new AI regulations, effective July 15, target chatbots simulating human personality and emotional interaction. The rules aim to mitigate risks like privacy leaks and addiction, excluding customer service bots and research tools.
Russia's Ministry of Digital Development proposes expanding its AI authority, seeking responsibility for international cooperation, setting priorities, and supporting AI development, including large-scale models and public sector deployment.
The UK's Financial Conduct Authority (FCA) has released its comprehensive crypto regulatory framework, introducing mandatory licensing, capital stress-testing, and enhanced rules against market manipulation and insider trading for crypto firms. The regime aims to bring digital assets under similar standards as other financial services, with a licensing window opening in September and the full framework going live in October 2027.
Binance, the world's largest crypto exchange, will temporarily suspend services in the EU starting next week due to unsecured MiCA licensing. The move, ahead of the July 1 regulatory deadline, affects European customers until a license is obtained.
Agustín Carstens, former BIS GM, now sees stablecoins as beneficial for financial innovation and inclusion, a shift from his previous critical stance. He emphasized the need for global regulation and a level playing field for stablecoins to flourish.
Keir Starmer resigns as UK PM, triggering a Labour leadership contest. Andy Burnham emerges as the favorite, viewed by crypto executives as more receptive to digital assets. The transition occurs as the UK finalizes significant financial regulatory frameworks, with the next PM inheriting this process.
The European Commission is gathering feedback on potential revisions to the Markets in Crypto Assets (MiCA) framework, dubbed "MiCA 2.0." The consultation focuses on refining regulations for DeFi, stablecoins, and prediction markets, aiming for greater clarity and competitiveness in the digital asset space.
Hong Kong sets 10,000 vehicle cap for ride-hailing service permits, drawing criticism from Uber and the taxi trade
The SEC has postponed the release of a broad exemption for U.S. crypto firms to trade tokenized assets, citing concerns over third-party token trading and its impact on corporate administration.
Russia and China will enhance collaboration in construction, focusing on regulatory frameworks, standard designs, new technologies, and AI. The announcement came after talks between Presidents Putin and Xi.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act, signaling a move towards a defined regulatory framework for digital assets. Despite ongoing disputes, the vote is seen as a positive step for consumer confidence and market clarity.
Hong Kong authorities should issue about 20,500 licences in the first phase of regulating ride-hailing platforms, lawmakers and experts have said, arguing that the city needs at least 15,000 active cars daily to meet existing demand and avoid worsening transport shortages. The proposal came as several lawmakers told the South China Morning Post, on condition of anonymity, that the government had recently consulted them on a regulatory framework for ride-hailing services but had not presented any...
As global markets are roiled by geopolitical uncertainty and the energy fallout from war in the Middle East, a tiny speck in Southeast Asia has emerged as an oasis of stability – at least in terms of where the well-heeled can park their money. Giig Tanaporn, CEO and founder of business and wealth consultancy Unique Prime Group, has observed that high-net-worth clients, especially from the Middle East and South Korea, have been increasingly choosing Singapore for its regulatory framework,...
US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a fast-tracked timeline to put the bill on the president’s desk before July 4. The legislative clash centers on the Digital Asset Market Clarity Act, a sweeping regulatory framework that cleared the House with bipartisan support […] The post Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week appeared first on CryptoSlate.
Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange in Malaysia, with participation from global family offices. The funding follows Bybit's earlier investment in Hata's $4.2 million seed round and will be used to improve liquidity, expand the user base and develop additional digital asset products. Hata has reported over 209,000 registered users and processed $225 million in transaction volume in 2025.
Washington isn't trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for one specific category of digital asset: the regulated, dollar-pegged stablecoin. The GENIUS Act established the first federal regulatory framework for payment stablecoins, and a bipartisan House tax discussion draft now proposes friendlier tax […] The post Congress on verge of making regulated dollar stablecoins act almost like digital cash appeared first on CryptoSlate.
