RATE Group | Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in …
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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in …

Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in …

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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates.

Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto

China’s Blockchain ETF and Crypto Warnings

The China Securities Regulatory Commission revealed on Dec. 24 that it had received an application for a blockchain exchange-traded fund (ETF) from Shenzhen-based asset manager Penghua Fund. According to Chinese media, if successfully launched, this fund will be China’s first blockchain ETF. It will track the performance of the blockchain index recently launched by the Shenzhen Stock Exchange, one of the two key stock…

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