Regulation

Exchanges

CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly

In 2020, the startup’s focus is on new products and features that comply with new rules from the Financial Action Task Force.

Business  ·  25 February 2020
Regulation

G-20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies

FATF's guidance compels crypto exchanges to share user data with one another.

Policy & regulation  ·  24 February 2020
Regulation

‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec

Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier.

Policy & regulation  ·  24 February 2020
Exchanges

Binance Is Not Under Our Jurisdiction, Says Malta Regulator

The Malta Financial Services Authority has denied reports Binance has ever fallen under local jurisdiction.

Business  ·  21 February 2020
Regulation

Hester Peirce: Tell Me How to Improve My Safe Harbor Proposal

SEC Commissioner Hester Peirce has proposed a new way to regulate token sales. If there are better alternatives, she wants to hear about them.

Policy & regulation  ·  18 February 2020
Exchanges

Binance CEO Says Crypto Exchange Has Applied for a Singapore License

The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore.

Policy & regulation  ·  17 February 2020
Regulation

DTCC Calls on Banks and Regulators to Help Address Blockchain Security Issues

A comprehensive framework shared by all participants will negate any risks associated with blockchain, the derivatives repository giant says.

Business  ·  13 February 2020
Regulation

Retail Investors Aren’t Interested in Crypto Derivatives, Says eToro Executive

eToro isn't too worried about a potential U.K. ban on crypto derivatives, its U.K. managing director told CoinDesk.

Markets  ·  12 February 2020
Regulation

Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

In a new manifesto, Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.

Policy & regulation  ·  10 February 2020
Regulation

Chinese Crypto Investment Firm Asked to Remove London Underground Ads

Zeux reportedly touted an investment scheme with 5 percent interest but didn't state it sent the funds back to China using crypto.

Policy & regulation  ·  10 February 2020
Regulation

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians

In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.

Policy & regulation  ·  6 February 2020
Regulation

Inside the Standards Race for Implementing FATF’s Travel Rule

Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule.” And putting technical solutions in place is proving to be just as tricky as the legal and operational issues involved.

Business  ·  4 February 2020
Regulation

US Food Inspectors to Test IBM Blockchain for Export Certifications

The blockchain feasibility assessment will search out efficiencies in a process marred by regulations and often complex documentary requirements.

Policy & regulation  ·  3 February 2020
Regulation

Andrew Yang: US Has to Fix Its ‘Hodgepodge’ Crypto Regulation

The current fragmented system of regulating cryptocurrencies in the U.S. is "bad for everybody," Andrew Yang said.

Policy & regulation  ·  30 January 2020
IPOs

Swiss Company Gets Green Light to Incorporate for a Blockchain IPO

In what's being called a first for Switzerland, a company has been allowed to incorporate for an IPO of tokenized shares on a blockchain.

Business  ·  29 January 2020