Regulation

Regulation

US Lawmaker Calls Libra’s Revamp Insufficient

Rep. Sylvia Garcia's comments suggest libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics.

Policy & regulation  ·  17 April 2020
Regulation

EPAM Joins Effort to Help Cryptocurrency Exchanges Comply With FATF ‘Travel Rule’

EPAM Systems has joined forces with OpenVASP, pledging to use its programming expertise to help crypto businesses comply with FATF guidance.

Policy & regulation  ·  16 April 2020
Regulation

G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins

National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.

Policy & regulation  ·  14 April 2020
Regulation

Telegram’s Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group

Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association.

Policy & regulation  ·  9 April 2020
Regulation

CoinShares Hires WisdomTree Exec as Company Plans Expansion Outside UK

The new hire brings the London-based digital asset manager connections to major financial institutions in Europe.

Business  ·  9 April 2020
Exchanges

Huobi Exchange Plots Return to US Crypto Market as Soon as This Month, Exec Says

Global crypto exchange Huobi could resume business in the U.S. as early as this month, five months after ceasing operations there, an executive said.

Business  ·  8 April 2020
Regulation

Why Are Crypto Companies Going to Abu Dhabi?

The Abu Dhabi Global Market has become an attractive jurisdiction for crypto companies since it introduced digital asset regulation in June 2018.

Policy & regulation  ·  3 April 2020
Regulation

FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations

A new Financial Action Task Force report says the U.S. is largely in compliance with its recommendations around digital assets, but still has some "minor deficiencies" in its state and federal framework.

Policy & regulation  ·  2 April 2020
Regulation

Telegram Hopes It Can Still Sell Tokens to Non-US Investors After Court Ruling

Telegram has asked a court to clarify if it can still issue its tokens to non-U.S. investors after a preliminary injunction blocked the issuance in the U.S.

Policy & regulation  ·  30 March 2020
Regulation

US County Extends Rule Making Bitcoin Mining Firms Invest in Renewable Energy

The newly extended rule that crypto mining farms must offset energy consumption with renewables might also be made permanent.

Policy & regulation  ·  27 March 2020
Coinbase

Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime

Cryptocurrency firms can continue operating but must apply for a license by summer under new rules

Policy & regulation  ·  27 March 2020
Regulation

Global Stablecoins May Be Subject to Securities Regulation, Says IOSCO

Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.

Policy & regulation  ·  25 March 2020
Regulation

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Policy & regulation  ·  24 March 2020
Regulation

Kik Backs Away From Jury Trial Request in SEC Fight Over $100M Token Sale

Kik had previously asked for a jury trial to make its case against the SEC. Now it's seeking a summary judgment.

Policy & regulation  ·  23 March 2020
Exchanges

Hawaii Hints It May Relax Onerous Rule to Lure Crypto Firms

Hawaiian regulators have launched a digital currency sandbox that waives the state’s infamous double-reserve requirement for participating crypto firms.

News  ·  18 March 2020