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UK Finance Regulator FCA Approves Crypto & Blockchain Companies for 4th Cohort of Sandbox

Financial Conduct Authority Approves Crypto Companies for 4th Cohort of Regulatory Sandbox One of the most important regulatory agencies in the country, the Financial Conduct Authority (FCA), unveiled on July the 3rd, all the firms that were successfully approved to begin testing the fourth cohort of the sandbox. The City regulator named some cryptocurrency and […] дальше »

2018-7-5 00:22


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Court Says India’s Crypto Trade Bank Account Boycott Will Continue

India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »

2018-7-3 21:52


Thai Securities Firms to Group Up for Crypto Trade Launch

A group of traditional securities firms in Thailand is planning to jointly launch a new cryptocurrency exchange, a report indicates. According to the Bangkok Post on Monday, the Association of Securities Companies (ACE) – a body that represents the country’s securities firms – said it is in talks with regulators about allowing established financial firms to дальше »

2018-7-2 19:49


Securities Firms In Thailand Set to Launch A Joint Crypto Exchange

The Association of Securities Companies (ASO) in Thailand is weighing up their chances of joining the crypto trading market according to Bangkok Post report. The body which comprises mainly traditional financial security agencies is already in talks with the SEC and has filed registration applications as disclosed by chairwoman, Pattera Dilokrungthirapop. дальше »

2018-7-2 18:32


Bank of England Deputy Governor Issues Warning to Financial Firms Over Crypto Risks

In a letter dated June 28, Sam Woods, deputy governor at the Bank of England who is also the CEO of the Prudential Regulation Authority (PRA), the UK’s financial watchdog, provided a reminder to financial firms of their “relevant obligations under PRA rules, and to communicate the PRA’s expectations regarding firms’ exposure to crypto-assets. дальше »

2018-6-30 18:29


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Banks’ Crypto Account Refusals Lead to Polish Bitcoin Association Challenge

An industry group in Poland is attempting to challenge banks that are allegedly refusing to provide services for firms associated with cryptocurrencies. The Polish Bitcoin Association (PBS) has appealed to the Office of Competition and Consumer Protection (OCCP), requesting that the antitrust authority start investigating the alleged restriction of competition. It filed a letter with дальше »

2018-6-29 21:00


Overclock Blockchain Labs Collaborate with Packet to Launch the Akash Network MVP

The Overclock team has announced the strategic partnership with Packet to release the Akash Network MVP on Packet’s bare metal servers. Akash is a blockchain-powered marketplace for cloud computing With Akash, firms can make extra income by selling free space on their servers to developers in need of cost-efficient alternatives to Amazon, Google, and Microsoft. дальше »

2018-6-29 12:50


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Nearly 9 out of 10 Crypto Execs Need ‘Formalized’ management Self-Regulation: Research

Eighty-six percent of cryptocurrency firms’ executives and investors want the industry to self-regulate, new research published this week reveals. Part of the 2018 Cryptocurrency Survey by international law firm Foley & Lardner LLP, the majority of respondents also tipped Bitcoin to become the cryptocurrency of choice for transactions in the long term. The firm questioned дальше »

2018-6-28 18:30


South Korean Firms Flock to Singapore for ICO Purposes

Even though the initial coin offering industry has attracted a lot of attention, it is also a problem. Especially when it comes to regulation, the opinions on ICOs are quite divided. With South Korea still banning this activity, a fair few domestic firms are organizing ICOs in Singapore due to its regulatory-friendly climate. Singapore Welcomes […] дальше »

2018-6-26 21:00


Top 3 Blockchain Technologies Poised to Save Businesses Time and Money on KYC

The costs of complying with due diligence processes like KYC (Know Your Customer) and AML (anti-money laundering) are rising. With financial firms regularly spending 8. 4x their average compliance costs on KYC amidst growing client complaints about poor KYC experiences, KYC is becoming a growing balance sheet and relationship management liability. дальше »

2018-6-22 21:00