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Singapore’s financial regulator wants its banks and blockchains to be friends

Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg. дальше »

2018-10-11 13:52


Ofcom Gets $700,000 BGP Grant To Study Blockchain for UK Telephone Numbers

UK Telecom Regulator Gets $700,000 GBP Grant To Study Blockchain The Regulators’ Pioneer Fund has recently announced that it would award Ofcom, a national telecommunications regulatory authority, with $700,000 GBP(about $915,000 USD) to study the blockchain technology in order to improve the UK telephone number management. Ofcom has released an official document in which it […] дальше »

2018-10-8 23:05


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U.S. Federal Court Defines Cryptocurrencies as Commodities

Although the U. S. ’s cryptocurrency definitions regulations are entirely unclear, policymakers are gaining greater clarity as they continue to resolve more cryptocurrency-related cases. According to the CFTC’s Press release published on October 3, 2018, the US District Judge Rya W Zobel gave the CFTC authority to prosecute My Big Coin Pay, the parent company of MyBigCoin. дальше »

2018-10-6 17:00


Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has […] The post Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning appeared first on Bitcoin News. дальше »

2018-10-2 13:25


Everbloom Decentralized Exchange (DEX) Seeks Licensed Broker-Dealer Status

Why Everbloom DEX is Enduring The Tedious But Necessary' Process to Get a Securities License The decentralized exchange (DEX) has announced that it is going through with the tedious but necessary process to obtain a license from the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization (SRO) for securities dealers. Everbloom as one of the […] дальше »

2018-9-28 21:54


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FINMA: Cryptocurrency Firm Alliance Capitals Looks Like a Typical Scam Project

Switzerland’s financial regulatory watchdog, the Financial Market Supervisory Authority (FINMA), has warned cryptocurrency investors to be wary of Alliance Capital, a firm claiming to offer clients cryptocurrency trading services, binary options, and other financial products, according to a Finance Magnates report on September 24, 2018. дальше »

2018-9-26 05:00


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Singapore Determined to Become the First Country to Fully Embrace Cryptocurrencies and DLTs

Singapore is news again in the business world, and this time the star is the Monetary Authority of Singapore (MAS). During Coindesk’s 2018 Singapore Blockchain Week, the regulator stood out for presenting a reasonably clear vision of the crypto landscape, reinforcing the country’s firm decision to promote the development of blockchain technologies and embrace the […] The post Singapore Determined to Become the First Country to Fully Embrace Cryptocurrencies and DLTs appeared first on Ethereum World News. дальше »

2018-9-24 11:02


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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […] The post Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations appeared first on Bitcoin News. дальше »

2018-9-21 20:55


UK Treasury Committee: Cryptocurrencies Are Crypto-Assets and Should be Regulated

That crypto investors are exposed to a litany of risks in a largely unregulated and developing sphere is true. It is along the same line of consumer protection that the UK’s Treasury Committee is rallying from calling for immediate regulation of the sphere by the Financial Conduct Authority, the country’s markets watch dog. дальше »

2018-9-19 14:30