News summary: shapeshift founder admits u.s. regulations are declining, germany is to safeguard economic security but not personal investors

News summary: shapeshift founder admits u.s. regulations are declining, germany is to safeguard economic security but not personal investors
фото показано с : bitcoints.com

2018-6-18 11:57

Regulation

In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States.
The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial stability, rather than concerns pertaining to individual investors.
The U.K’s Financial Conduct Authority has published an open letter to the CEO’s of businesses offering “services related to cryptoassets” regarding financial crime risks associated with virtual currencies.
In a recent interview, Jon, Shapeshift’s co-founder and COO, stated “I would say in the US it’s actually gotten worse […] especially in the last 6 months.
I think the explosion of value in 2017 brought a lot of these regulators into the space and made them more concerned.

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regulatory financial germany shapeshift summary supervisory authority

Источник: bitcoints.com

regulatory financial → Результатов: 14


Фото:

Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24


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