2022-7-14 14:00 |
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.
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Her Majesty’s Treasury has published a document wherein it proposes that the Financial Conduct Authority (FCA) regulates cryptocurrency adverts. It states that this is a key consumer protection issue, and invites comments from relevant parties regarding the recommendations.
2020-7-21 20:07 | |
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Her Majesty’s Treasury (HMT), in collaboration with the government of the United Kingdom, has put up a proposal that seeks to give the country’s financial watchdog, the Financial Conduct Authority (FCA), the power to regulate some crypto-related advertisements in the region.
2020-7-22 17:00 | |
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South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment.
2020-7-16 20:30 | |
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South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers.
2020-4-20 16:15 | |
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This week, Central banks got recommendations to heavily regulate, if not ban, stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This organization makes recommendations about financial systems to central banks and finance ministers of G20 member countries.
2020-4-19 21:51 | |
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Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to heavily regulate or even ban them, the Crypto market now faces its biggest threat yet.
2020-4-16 16:21 | |
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The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins.
2020-4-16 07:30 | |
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The Financial Stability Board (FSB) has issued recommendations calling for a unified approach to crypto regulations for stablecoins that adequately account for the risks posed by global private payment projects like Facebook’s Libra.
2020-4-15 14:30 | |
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While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk.
2020-3-18 18:34 | |
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The Reserve Bank of Zimbabwe (RBZ) is interested in regulating digital currencies and has already started drafting a policy framework. This move came weeks after India curbed the ban imposed by the reserve bank of India on banks and financial institutions preventing them from dealing with individuals and businesses dealing with cryptos. Bitcoin has also […]
2020-3-17 22:49 | |
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South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF).
2020-3-8 20:38 | |
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The Financial Conduct Authority (FCA), the top regulator in the United Kingdom, has just admitted to accidentally revealing the confidential information of around 1,600 individuals — yet it still thinks it is competent enough to regulate cryptocurrencies.
2020-2-26 12:10 | |
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The Financial Stability Board (FSB) is asking global finance ministers to step up their efforts in creating regulatory frameworks for crypto and other innovative digital payment systems. “Pressures That Can Lead to Market Fragmentation Exist” Crypto assets and their underlying blockchain technology have already disrupted the financial world to a great extent.
2020-2-20 18:20 | |
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The United Kingdom’s FCA is looking for crypto experts as part of their latest efforts to regulate digital currencies operating in the UK. The UK’s financial conduct authority posted a job role on LinkedIn, calling for someone with “experience working with crypto assets” and other relevant financial experience to help the organization expedite its aims of bringing more supervision and regulatory oversight to the cryptocurrency industry.
2020-2-9 23:30 | |
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One of Australia’s financial watchdog agencies, the Australian Prudential Regulation Authority (APRA), could soon regulate stablecoin projects such as the controversial Facebook’s led Libra project, Cointelegraph reports.
2020-1-22 20:03 | |
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The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing that cryptocurrencies are global products.
2020-1-18 16:10 | |
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Turkey’s securities market authority CMB plans to regulate crypto markets in 2020, local sources say
2020-1-7 20:38 | |
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Turkey’s financial regulator is ramping up efforts to develop a new framework that allows the federal government to oversee the use of cryptocurrencies throughout the nation. Turkey prepares to regulate cryptos The Capital Markets Board (CMB), Turkey’s financial regulatory and supervisory agency, is planning to develop guidelines to foster the adoption of blockchain technology.
2020-1-6 18:47 | |
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The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services.
2019-11-21 17:50 | |
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The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]
2019-11-22 09:00 | |
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Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
2019-10-23 13:30 | |
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The UK government says the Financial Conduct Authority (FCA) is firmly within its right to regulate the crypto space, amid reports of a potential ban on cryptocurrency derivatives. Per a report from Finance Feeds, the government highlighted the FCA’s independence, placing it outside the ambit of the executive.
2019-10-23 09:30 | |
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It appears the UK’s financial watchdog is laying the groundwork to regulate crypto as it starts requesting blockchain companies to register with them. The catch is these companies will need to take a leap of faith, as they’ll be committing themselves to a framework that hasn’t actually been finalized yet.
2019-10-17 18:53 | |
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During a parliamentary confirmation hearing, the European Commissioner for Financial Stability and Financial Services, Valdis Dombrovskis, said that the E. U. is planning to regulate cryptoassets following the unanticipated wake-up call from Libra.
2019-10-10 15:00 | |
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Cryptocurrency adoption has seen a significant boost in 2019, where major financial institutions like Wells Fargo, JP Morgan, and ING have either tested their stablecoin or are pondering over launching one.
2019-10-6 00:16 | |
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Bitcoin (BTC) is a virtual currency, designed in 2008 to work as a medium of interchange to safeguard financial transactions, regulate the formation of additional units, and validate the transfer of funds.
2019-9-29 05:22 | |
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Earlier today, the Swiss Financial Market Supervisory Authority [FINMA] released guidelines on regulating stable coins. The guideline detailed how the regulatory authority will classify and regulate stablecoins based on its nature.
2019-9-11 17:53 | |
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The Netherlands’ central bank, De Nederlandsche Bank (DNB), a member of the European System of Central Banks (ESCB), has announced plans to start regulating bitcoin-linked businesses from January 10, 2020, according to a Reuters report on September 3, 2019.
2019-9-3 21:00 | |
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De Nederlandsche Bank to regulate crypto companies starting from January 10, 2020 The move came under the fifth European anti-money laundering directive De Nederlandsche Bank would begin regulating companies that offer cryptocurrency services, starting from January 10, 2020, announced the Dutch central bank on Tuesday.
2019-9-3 18:59 | |
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Washnington based advisory firm, Financial Integrity Network (FIN) has requested the U.S. Congress to to set up a system-wide governance for virtual asset service providers (VASPs). David Murray, FIN’s vice president for product development and services has said: “Some VASPs are currently regulated as money transmitters under the BSA. Others are not regulated at all. […]
2019-9-3 18:23 | |
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The Financial Integrity Network is urging the U.S. Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act
2019-9-3 21:52 | |
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In an interview with CNBC’s Squawk Box on August 2019, United States Secretary of State Mike Pompeo has made it clear that the U. S. must regulate bitcoin and altcoins just like other digital payment systems and electronic financial transactions in the state, to make it harder for bad actors to use them in aiding theirRead MoreRead More.
2019-8-22 21:00 | |
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Mike Pompeo, the U. S. Secretary of State, wants to regulate Bitcoin (BTC). According to him, the asset should be regulated in the same way that all other financial transactions which made online currently are.
2019-8-21 01:12 | |
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U.S. Secretary of State Pompeo believes that Bitcoin should be regulated the same way as other electronic financial transactions
2019-8-21 20:32 | |
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Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data.
2019-8-12 06:45 | |
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The UK’s financial regulator, the Financial Conduct Authority says it will not regulate Bitcoin or Ethereum - viewing them as ‘decentralized tokens used as a means of exchange’ and therefore outside its regulatory scope.
2019-8-2 21:00 | |
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The UK’s top financial watchdog has concluded that Bitcoin and Ether do not require regulation, whereas utility tokens and some stablecoins will. The FCA Makes Decision on Bitcoin & Crypto Regulation Only July 31, the Financial Conduct Authority (FCA), announced that it will not regulate Bitcoin and Ethereum.
2019-8-1 09:19 | |
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The Financial Conduct Authority (FCA), the regulatory body tasked with overseeing the country’s financial markets, has clarified its stance on crypto assets, stating which tokens it’s responsible for.
2019-7-31 16:12 | |
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Three companies have recently acquired virtual banking licenses from the government of Taiwan. This the first time that the government does this, as Taiwan is starting to follow other regulators in Asia which are on the move to regulate their markets properly.
2019-7-31 00:17 | |
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Europe is taking several steps in order to regulate the crypto market this year. Now, Germany is the latest country to do it. Cryptocurrency companies operating in Germany will need to apply for licenses if they intend to keep working legally in the country next year.
2019-7-25 01:15 | |
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Coinspeaker New York DFS Establishes New Division to Oversee Cryptocurrency Regulation and LicensingThe New York State Department of Financial Services has just announced the creation of a new section called the Research and Innovation Division.
2019-7-24 16:13 | |
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In a recent briefing held by the U. S. Secretary of the Treasury Steven Mnuchin, the U. S. government revealed its stance on cryptocurrencies and the efforts it will carry upon to regulate Bitcoin because of its use in criminal activity and the threat it poses to the financial system.
2019-7-16 03:56 | |
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Noted Australian finance commentator, Peter Switzer believes bitcoin and cryptocurrencies are too volatile to be useful. The founder of the Switzer Financial Group advised governments in a July 8, 2019, blog post quoted by Micky, to either ban or tightly regulate cryptocurrencies.
2019-7-9 09:00 | |
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The list of regulators eyeing Facebook’s cryptocurrency with apprehension keeps growing less than a month since Libra was announced. According to the Nikkei Asian Review, the Bank of Japan is worried that Libra will be a big risk to the existing financial systems as it is hard to regulate.
2019-7-3 15:47 | |
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Representatives from 36 of the world's most influential jurisdictions met last week under the Financial Action Task Force (FATF) banner to consider guidelines that could shape how governments around the world regulate the use of cryptocurrency.
2019-6-29 16:00 | |
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Representatives from 36 of the world's most influential jurisdictions met last week under the Financial Action Task Force (FATF) banner to consider guidelines that could shape how governments around the world regulate the use of cryptocurrency.
2019-6-28 16:00 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).
2019-6-1 19:04 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Senator Andrew Bragg has introduced a bill proposing regulatory standards for the cryptocurrency industry in Australia.
European Parliamentarian Eva Kaili’s arrest under allegations of corruption is being labeled as a blow to crypto and blockchain adoption.
The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy.
The association will champion the creation of a clear digital asset regulatory framework for Canada.