Bharat Web3 Association

The Financial Conduct Authority (FCA) and the Bank of England have issued a joint vision for the use of tokenisation in UK wholesale financial markets. The initiative aims to provide regulatory and infrastructure clarity for financial firms using distributed ledger technology (DLT), including guidance on prudential treatment, tokenised collateral, settlement instruments, and digital market infrastructure. The announcement also includes a consultation on extending RTGS and CHAPS settlement hours towards near 24/7 operations, alongside updated Prudential Regulation Authority (PRA) guidance on tokenised assets, stablecoins, deposits, and e-money innovations. Industry feedback on the joint roadmap is open until 3 July 2026. Source: bankofengland.co.uk/news/2026/may/… #Tokenisation #DLT #DigitalAssets #BankOfEngland #FCA #WholesaleMarkets #Fintech #FinancialRegulation #DigitalFinance

The U.S. Federal Reserve has proposed the creation of limited-purpose “payment accounts” that would allow certain legally eligible financial institutions — including fintech-focused and digital asset-linked banking entities — to access Federal Reserve payment services for clearing and settlement purposes. Under the proposal, account holders would not have access to intraday credit, the discount window, or interest on balances. Payment services would also operate with automated controls to prevent overdrafts. The proposal has been released for public comment by the Federal Reserve Board. Source: federalreserve.gov/newsevents/pre… #FederalReserve #Fintech #DigitalAssets #Crypto #Payments #Banking #Web3 #FinancialRegulation

The European Commission launched a public consultation on the functioning of the EU’s Markets in Crypto-Assets Regulation (MiCA), seeking feedback on whether the framework should be updated in light of developments in digital asset markets and global regulatory approaches. The consultation invites comments from crypto-asset issuers, service providers, financial institutions, technology firms, academia, industry associations, consumer organisations, public authorities, and other relevant stakeholders until 31 August 2026. Source: finance.ec.europa.eu/news/commissio… #MiCA #CryptoAssets #DigitalAssets #CryptoRegulation #EuropeanUnion #Stablecoins #Blockchain #FintechInfrastructure

Minnesota Governor Tim Walz has signed House File (HF) 3709 into law, permitting Minnesota-based banks and credit unions to offer certain virtual-currency custody services beginning 1 August 2026. The law authorises financial institutions to provide virtual-currency custody services in a nonfiduciary capacity and allows the use of third-party service providers or subcustodians, subject to legal and operational segregation requirements for customer assets. The legislation amends Minnesota statutes to formally enable state-chartered financial institutions to engage in crypto custody-related activities. Source: revisor.mn.gov/bills/94/2026/… #Crypto #DigitalAssets #Banking #Minnesota #CryptoRegulation #VirtualAssets

Poland’s parliament (Sejm) has approved a government-backed bill on cryptoassets to align the country’s framework with the European Union’s Markets in Crypto-Assets (MiCA) Regulation. The legislation was adopted during the 57th sitting of the Sejm on 15 May 2026, with 241 lawmakers voting in favour and 200 against. The bill grants the Polish Financial Supervision Authority (KNF) powers to supervise crypto market participants, impose administrative sanctions, and temporarily block accounts and transactions. The vote followed consideration of multiple competing draft bills relating to cryptoassets and marks the government’s third attempt to introduce crypto market legislation after earlier presidential vetoes. Source: cointelegraph.com/news/poland-ap… #Poland #CryptoAssets #MiCA #DigitalAssets #Blockchain #CryptoRegulation #EuropeanUnion

South Korea’s Financial Services Commission (FSC) announced that it plans to release detailed rules on tokenized securities in July, as part of preparations to bring blockchain-based securities under the country’s capital markets framework by 2027. The proposed measures are expected to include a roadmap for tokenizing stocks, bonds, and money market funds, along with possible revisions to over-the-counter trading limits and rules for fractional investment products. The announcement was made during the second meeting of the FSC’s public-private tokenized securities council, established in March to develop issuance, trading, infrastructure, and settlement rules ahead of implementation in 2027. Source: cointelegraph.com/news/south-kor… #SouthKorea #Tokenization #DigitalAssets #Blockchain #Securities #CapitalMarkets #Web3 #Fintech #CryptoRegulation

The Bank of England is reviewing parts of its proposed framework for pound sterling stablecoins following feedback from digital asset firms on holding caps and reserve requirements. Deputy Governor Sarah Breeden stated that the Bank is considering alternatives to temporary ownership limits and examining the requirement for at least 40% of reserve assets to be held as non-interest-bearing deposits at the Bank of England. The review follows the Bank’s November 2025 consultation on a regulatory framework for sterling-denominated systemic stablecoins, which proposed temporary holding limits for individuals and businesses. Source: cointelegraph.com/news/boe-signa… #Stablecoins #UnitedKingdom #BankOfEngland #DigitalAssets #CryptoRegulation #Fintech

A leading voice for India’s Web3 ecosystem, Bharat Web3 Association (@BWA_Ind) joins Unchained Summit Vietnam as a Knowledge Partner. Bringing together some of the key players across India’s Web3 landscape, Bharat Web3 Association is focused on driving innovation, encouraging stakeholder dialogue, supporting policy discussions, and strengthening the country’s digital asset ecosystem. Their work spans research, consumer awareness, talent development, and industry collaboration across blockchain and emerging technologies. As a Knowledge Partner, with its deep involvement in India’s Web3 landscape, BWA adds valuable context and perspective to conversations shaping the industry. Unchained Summit Vietnam takes place on May 28-29 at Furama Resort, Da Nang, with tickets starting at US$ 129. Secure your seat at #tickets" target="_blank" rel="nofollow noopener">unchainedsummit.com/vietnam/#ticke… #UnchainedSummit #EventbyAeternum #VietnamEvents #Web3 #Blockchain #DigitalAssets #IndiaWeb3

Vietnam’s Deputy Minister of Finance, Nguyen Duc Chi, stated that Vietnam is planning to launch its regulated cryptocurrency and digital asset market in the third quarter of 2026. The announcement follows a series of regulatory developments relating to digital assets in Vietnam. Earlier this year, the country introduced a licensing pathway for domestic crypto asset trading platforms, with five entities reportedly passing the initial qualification round to launch regulated cryptocurrency exchange services in the country. Vietnam had also proposed a draft tax framework for crypto transactions earlier this year, including a proposed 0.1% individual tax on crypto transactions processed through licensed providers. Source: cointelegraph.com/news/vietnam-p… #Vietnam #Crypto #DigitalAssets #Cryptocurrency #Web3 #Blockchain #CryptoRegulation #DigitalEconomy

The Bank for International Settlements (BIS) has released a paper titled “The Impact of Stablecoins on the International Monetary and Financial System”. The paper examines the impact of USD-denominated stablecoins on the international monetary and financial system, with a focus on emerging market and developing economies. It covers issues relating to digital dollarisation, monetary sovereignty, capital flows, cross-border payments, financial stability, and regulatory approaches for stablecoins. Read the full paper at: bis.org/publ/bppdf/bis… #Stablecoins #DigitalAssets #CryptoPolicy #CBDC #Fintech #BIS #GlobalFinance #MonetaryPolicy #CrossBorderPayments #FinancialStability

Argentina’s National Securities Commission (CNV) issued General Resolution 1125/2026 in April 2026, formally recognising virtual assets as part of an individual’s net worth for the purpose of qualifying as a “qualified investor.” The amendment updates Argentina’s capital markets framework to include crypto-assets within the financial capacity assessment applicable to certain investment regimes. The resolution enables eligible investors to count virtual asset holdings toward the financial threshold required to access private placements, automatic public offering regimes, and financing structures including tokenisation and collective financing mechanisms. The framework forms part of broader amendments to Argentina’s securities regulations concerning qualified investors and capital market access. Source: boletinoficial.gob.ar/detalleAviso/p…](boletinoficial.gob.ar/detalleAviso/p… #Argentina #CryptoRegulation #DigitalAssets #VirtualAssets #Tokenisation #CapitalMarkets #Fintech #Web3 #CNV

Morocco is advancing a draft legal framework for crypto-assets, with proposed legislation currently under review by the government’s general secretariat. The initiative follows recommendations from the Financial Action Task Force (FATF) aimed at strengthening oversight of crypto-assets and addressing risks relating to money laundering and terrorist financing. The proposed framework introduces licensing and supervisory requirements for crypto-asset service providers, governance standards, and investor protection measures. The draft law also envisages permitting utility tokens and asset-backed stablecoins as part of the regulated ecosystem, alongside the broader integration of distributed ledger technology (DLT) for financial innovation. Source:en.hespress.com/136042-morocco… #Morocco #CryptoRegulation #DigitalAssets #Stablecoins #Blockchain #DLT #FATF #Fintech #Web3 #FinancialRegulation

We’re proud to join Unchained Summit Vietnam as a Knowledge Partner for its upcoming edition in Da Nang. Bringing together leaders across Web3, blockchain, AI, RWAs, and digital innovation, the summit will host conversations shaping the future of the industry across Asia and beyond. Happening on 28–29 May 2026 at the Furama Resort, Da Nang, Vietnam. #UnchainedSummit #EventbyAeternum #BharatWeb3Association #Web3 #Blockchain #VietnamEvents @UnchainedSummit

South Africa’s National Treasury and the South African Reserve Bank (SARB) have published the draft Capital Flow Management Regulations, 2026 for public comment. The proposed framework will replace the Exchange Control Regulations of 1961 and formally bring cross-border crypto-asset transactions within South Africa’s foreign exchange control regime. The draft also introduces provisions relating to mandatory declaration requirements for certain foreign asset holdings, administrative sanctions, and enhanced enforcement powers including search-and-seizure measures at ports of entry. The regulations form part of South Africa’s revised approach to managing cross-border capital flows through reporting, surveillance of high-risk transactions, and measures to address illicit financial flows. Public comments on the draft regulations are invited until 18 May 2026. Source: resbank.co.za/en/home/public… #SouthAfrica #CryptoRegulation #DigitalAssets #CapitalFlows #SARB #FinancialRegulation #Fintech #Web3

In Australia, the *Corporations Amendment (Digital Assets Framework) Bill 2025* has received Royal Assent, amending the *Corporations Act 2001* and the *ASIC Act* to establish a formal regulatory regime for digital asset intermediaries. The legislation introduces Digital Asset Platforms (DAPs) and Tokenised Custody Platforms (TCPs) as regulated financial products, bringing relevant operators within the Australian Financial Services Licence (AFSL) framework. The framework mandates AFSL licensing for DAP and TCP operators and applies core financial services obligations, including conduct, disclosure, and governance requirements, under ASIC oversight. It also provides for standards relating to custody, transactions, and settlement, along with defined exemptions for specific low-value or incidental activities. The framework is scheduled to commence 12 months after Royal Assent, with a transition and compliance window for industry participants. Source:aph.gov.au/Parliamentary_… #Australia #DigitalAssets #CryptoRegulation #FinTech #AFSL #BlockchainPolicy #FinancialRegulation #Web3‌‌

The Financial Conduct Authority, United Kingdom has issued policy statement PS26/7, setting out rules and guidance for tokenized funds within the existing UK fund regime. The framework enables the use of distributed ledger technology (DLT) in regulated fund operations, aligning with the UK’s digital assets roadmap outlined in January 2025, while maintaining existing investor protection standards. Under PS26/7, firms may maintain investor records on DLT using the industry “Blueprint” model, allowing on-chain transaction records to serve as the primary books for unit transactions, subject to appropriate resiliency arrangements. The FCA further noted that this model has already been used to authorize tokenized UK undertakings for collective investment in transferable securities (UCITS), including the use of public DLT networks and multi-blockchain issuance, provided investor rights and charges remain consistent. Source: cointelegraph.com/news/uk-regula… #Tokenization #DigitalAssets #DLT #AssetManagement #FCA #UKRegulation #FinTech

The Financial Conduct Authority (UK) has published consultation paper CP26/13 on proposed perimeter guidance for the UK’s future cryptoasset regime. The draft updates to the Perimeter Guidance Manual (PERG) clarify when authorisation will be required under the Financial Services and Markets Act 2000, covering activities such as issuing qualifying stablecoins, safeguarding cryptoassets, operating trading platforms, dealing (as principal or agent), arranging deals, and staking. Firms will be able to apply for authorisation from September 2026. The consultation also outlines the transition from the current regime under the Money Laundering Regulations 2017, confirming that FSMA-authorised firms will not require separate MLR registration but must notify the FCA and comply with applicable obligations. The consultation is open until 3 June 2026, with final perimeter guidance expected in September 2026. Source: fca.org.uk/publications/c… #CryptoAssets #FCA #UKRegulation #FSMA #CryptoPolicy #FinancialRegulation

The Bank for International Settlements (BIS) Financial Stability Institute has published Occasional Paper No. 27, titled ""Cryptoasset Service Providers as Financial Intermediaries: Risks and Policy Approaches"". The paper examines how Cryptoasset Service Providers (CASPs) have expanded beyond their roles as trading platforms and custodial service providers to offer margin and secured lending, derivatives, and token issuance, functioning as multifunction cryptoasset intermediaries (MCIs). In accepting customer assets to fund lending, market-making, and other activities, MCIs take on credit, liquidity, and maturity risk, yet in many jurisdictions operate without the prudential safeguards that apply to financial intermediaries engaged in risk transformation. The paper calls for MCIs engaged in financial intermediation to be subject to prudential requirements including capital and liquidity buffers, governance and risk management frameworks, and stress testing, with a combination of entity-based and activity-based regulation as the policy mix. Full paper available at: media.licdn.com/dms/document/m… #FinancialStability #Cryptoassets #DigitalAssets #BIS #PrudentialRegulation #FinancialIntermediation #TechGovernance

Israel's Capital Market, Insurance and Savings Authority (CMISA) has approved the launch of BILS, a stablecoin pegged to the Israeli shekel. This follows a two-year pilot programme conducted on the Solana blockchain. Per the regulator's notice, the stablecoin's reserve assets will be held in designated and segregated accounts within Israel. In February 2023, the Bank of Israel published principles for stablecoin activity, requiring 100% reserve backing and regulatory oversight, which preceded BILS' approval. The initiative forms part of efforts by the Israel Tax Authority and the Ministry of Finance to regulate the virtual digital assets sector, including enabling stablecoin-related activities. Source: cointelegraph.com/news/israel-sh… #Stablecoins #DigitalAssets #Blockchain #FinTech #Israel #Web3

The European Central Bank has signed agreements with the European Card Payment Cooperation, nexo standards, and the Berlin Group to reuse existing open payment standards for digital euro transactions, covering contactless tap-to-pay payments, merchant-to-payment service provider connections, and alias-based payments such as transactions using mobile phone numbers. The ECB stated that using open standards is intended to minimise integration and adoption costs while enabling a uniform user experience across the euro area . The central bank is also preparing a potential 12-month pilot involving selected payment service providers, expected to begin in the second half of 2027. Source: cointelegraph.com/news/ecb-seeks… #DigitalEuro #ECB #Payments #Fintech #CBDC #Europe #FinancialInfrastructure #CryptoPolicy