Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3.
The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act.
Should the FSA start regulating exchanges under the FEIA, crypto will be treated as a financial product.
The FIEA will also open up the possibility of introducing crypto derivatives like exchange traded funds (ETF).
The self-regulatory exchange body aims to better align with existing anti-money laundering (AML) regulations, and will also prohibit the trading of anonymity-based cryptocurrencies like Monero and Zcash.
The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
One of the planet’s most respected financial market analysts has spoken about a possible entry point for investors wishing to get exposure to Bitcoin, along with his thoughts about the future of the most successful digital asset to date.
Blockstream, a leading developer of blockchain and financial cryptography solutions, announced Monday that the build 0. 6 of c-lightning, a lightning network implementation in the C programming language, is now ready for deployment.
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions.
When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability.
David Solomon, Chief Operating Officer of Goldman Sachs (one of the most successful financial firms in the world), announced on Wednesday that the bank is considering expanding its involvement in crypto trading to incorporate more types of investment.
Recently, the situation that the financial markets are in has been looking desolate however, despite this state of affairs in the financial markets, Chinese investors don’t seem to pessimistic considering the current status.
The United Kingdom’s Department of Education has announced that it has no immediate plans to include cryptocurrency as a topic in the UK school curriculum. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? mohamed_hassan / Pixabay The Department of Education’s announcement is timely considering the ongoing […]
Considering its status as a financial powerhouse and the home of the European Central Bank, Germany don’t often hit cryptocurrency headlines. Today however (I’m not sure if its just in the spirit of the world cup though) we are seeing reports from Germany that discuss some promising statements from the President of the Federal Financial Supervisory Authority (BaFin), Felix Hufeld.
Cake Wallet added support for Zcash with shielded addresses by default, transparent address rotation, NEAR Intents swaps, and other notable features.
The post Leading Monero Wallet Cake Adds Privacy-Focused Zcash Support, Swaps appeared first on Coinspeaker.
The U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation without taking enforcement action, ending a probe that began in 2023. The U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation without…
Monero (XMR) is leading the crypto market bounce by breaking out of a macro resistance level and breaching above the $600 barrier for the first time. A legendary trader has suggested that the cryptocurrency is mirroring silver’s historical breakout and could see a massive price discovery rally.
The former Zcash development team is moving forward under a new company after a full resignation from Electric Coin Company, the entity that oversees the privacy project. The core development team behind Zcash’s flagship wallet is preparing to relaunch its…
Zcash price has confirmed a bearish setup after it broke down below a descending broadening wedge formed on the chart. According to data from crypto.news, Zcash (ZEC) fell sharply on Thursday, Jan. 8, dropping to an intraday low of $412…
