Regulation

CoinFlash

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says

Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.

Policy & regulation  ·  19 October 2020
CoinFlash

New York’s Financial Regulator Puts Focus on Crypto Firms for Digital Reporting Initiative

The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.

News  ·  15 October 2020
CoinFlash

Isle of Man Regulator Says Bitcoin, Ether Not Considered Securities in New Guidance

The island's Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities.

Policy & regulation  ·  15 October 2020
Regulation

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

Policy & regulation  ·  14 October 2020
CoinFlash

WEF Releases Report Assessing Global Blockchain Standards

The Global Standards Mapping Initiative is the most "comprehensive" attempt so far to survey blockchain technical standards, the WEF said.

Tech  ·  14 October 2020
Regulation

Crypto Long & Short: A UK Ban on Crypto Derivatives Will Hurt, Not Protect Investors

The FCA’s retail investor crypto derivatives ban is a misuse of regulatory authority, argues Noelle Acheson. What’s more, its main justification is one of crypto assets’ strongest features.

Policy & regulation  ·  11 October 2020
Regulation

A Regulatory Reckoning for the Crypto Industry?

Between BitMEX action, the U.K.’s derivative ban and the new U.S. Department of Justice enforcement framework, regulations are coming for crypto.

People  ·  10 October 2020
Exchanges

Dutch Central Bank Gives First Approval to Digital Asset Exchange

AMDAX has become the first to register with Holland's central bank under recently implemented EU anti-money laundering regulations.

Policy & regulation  ·  9 October 2020
CoinFlash

Ripple Chairman Says Firm Could Leave US if Regulatory Environment Doesn’t Change

Ripple has threatened to leave the U.S. if crypto regulation doesn't change.

Policy & regulation  ·  6 October 2020
Regulation

After BitMEX: Regulation Must Change for the Digital Age

Recent regulatory enforcement against BitMEX shows how out of step the world's financial regulators are with digital innovation.

Policy & regulation  ·  6 October 2020
CoinFlash

OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules

If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.

Policy & regulation  ·  5 October 2020
CoinFlash

SEC Won’t Take Action Against Compliance-Focused Digital Security Exchanges

Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.

Policy & regulation  ·  29 September 2020
Regulation

CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold

A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.

Policy & regulation  ·  28 September 2020
Exchanges

Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late

Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

Policy & regulation  ·  25 September 2020
CoinFlash

EU Proposes Full Regulatory Framework for Cryptocurrencies

The European Commission has formally proposed legislation that will provide a comprehensive regulatory regime for cryptocurrencies.

Policy & regulation  ·  24 September 2020