Manesh Samtani

The IM and VM rules were initially meant to come into force at the same time, but implementation of the IM rules was deferred last November.

The issuance is being called a "milestone" and "landmark event", with total subscriptions hitting around 6.9 times the issuance value.

VATPs can provide staking as a service to clients, including retail clients. SFC-authorised virtual asset funds can also stake virtual asset holdings.

China announced new export controls on rare earth elements and added more US entities to its export control list and "unreliable entities" list.

The plan involves enhancing whistleblower anonymity, protections, rewards, and incentives. The new system starts on 1 July 2025.

Insights from a Nasdaq-led discussion, moderated by Regulation Asia, discussing regulatory change, the reporting ecosystem, data management practices, and related technology.

The SEC is considering introducing an exemptive relief framework that allows crypto firms to operate until federal regulations are in place.

IDX also tightened its auto-rejection rule for share transactions so that sell orders are automatically rejected if a stock falls by 15%.

The revised module offers guidance on strengthening the risk management practices of banks that use credit risk mitigants.

Hong Kong official Paul Chan has asked the SFC and HKEX to prepare for Chinese companies in the US that may wish to return.