Regulation — Page 122

Leading crypto and blockchain firms have come together for a new initiative that aims to drive the adoption of digital finance.

The Indian government is considering imposing a complete ban on cryptocurrencies in the country, while it seeks to encourage the use of underlying blockchain technology.

The UK government-backed Cryptoasset Taskforce has released a report on the country’s policy and regulatory approach to cryptoassets.

Thailand’s Securities and Exchange Commission (SEC) has issued a warning against investing in nine digital tokens and initial coin offerings (ICOs) not authorized by it.

The Supreme Court of India has reportedly asked the government to submit a report on the findings of the crypto-focused committee it had established, Bitcoin.com reported.

In a bid to curb speculation and risk in cryptocurrency trading, Japan’s financial regulator is considering capping cryptocurrency margin trading, Nikkei reported.

The Japanese Virtual Currency Exchange Association (JVCEA) has been approved by the country’s financial regulator as a self-regulatory industry body, CoinDesk reported.

South Korea's Financial Services Commission (FSC) has issued a warning to the investors, urging them to pay “special attention” when considering investment in cryptocurrency funds.

The Cyberspace Administration of China (CAC), the central government’s Internet regulator, censor, oversight, and control agency, has published a draft policy framework aimed at regulating blockchain-related service p…

The Gibraltar Financial Services Commission (GFSC) has awarded another full Distributed Ledger Technology (DLT) license to COVESTING, a cryptocurrency exchange and copy-trading platform.

The Financial Action Task Force (FATF) will publish its first rules for cryptocurrency regulation by June 2019, Reuters reported on October 19. The watchdog said the new regulations, part of an effort to create intern…

The Japanese Tax Commission is seeking to simplify the tax filing system for cryptocurrencies to ensure that investors can report their gains accurately, CoinDesk reported, referring to a report from local news outlet…

The U.S. Securities and Exchange Commission (SEC) has launched a new strategic hub which will facilitate its engagement with innovators, developers, and entrepreneurs involved in financial technology (fintech).

Leading bitcoin exchange Coinfloor has announced that it has been awarded a full Distributed Ledger Technology (DLT) license by the Gibraltar Financial Services Commission (GFSC).

The government of South Korea is going to decide on the fate of initial coin offerings (ICOs) in the country once again in November, CoinDesk reported. During the National Assembly's annual audit, Hong Nam-ki, head of…

An organization backed by the Chinese government is planning to release three blockchain standards on smart contracts, privacy and deposits, China Money Network reported. In May, reports suggested that the government …

The European Securities and Markets Authority (ESMA) has budgeted over €1 million to monitor financial innovation including cryptocurrencies. The regulator has published its “ 2019 Annual Work Programme” this week, wh…

US lawmakers have recently introduced a bipartisan bill to the House of Representatives that seeks to establish “a consensus-based definition of blockchain,” CoinDesk reported. Congresswoman Doris Matsui and Congressm…

Following the recent $62 million hack suffered by Zaif cryptocurrency exchange, Japan’s Financial Services Agency (FSA) has issued the third business improvement order to Tech Bureau, the operator of Zaif, Reuters rep…

The Australian Securities and Investments Commission (ASIC) has announced that it has taken action to stop a number of proposed initial coin offerings (ICOs) targeting retail investors. Last year, ASIC published an in…

US Congressman Tom Emmer last week announced that he will introduce three bills to support blockchain technology and cryptocurrencies. The bills are aimed at supporting this emerging industry and providing “clarity to…

The Texas Securities Commissioner (TSC) Travis J. Iles recently took emergency action to stop the fraudulent offerings of investments in three separate schemes involving cryptocurrencies. The TSC has issued Emergency …

The Crypto Valley Association (CVA), a non-profit organisation supporting the blockchain ecosystem in Switzerland, has welcomed the issuance of new guidance from the Swiss Bankers Association (SBA) to its members, reg…

This week, the OAG published a report on the results of the Virtual Markets Integrity Initiative launched in April 2018. Kraken, which was one of the 13 crypto trading platforms that received a letter from the OAG, de…

CoinBene, a Singapore-based cryptocurrency exchange, has announced its partnership with the McAfee Alliance in order to promote transparency, corporate responsibility, and self-regulation in the cryptocurrency markets…

The Monetary Authority of Singapore (MAS) has issued a warning against a fraudulent website that has been soliciting bitcoin investments using fabricated comments attributed to MAS Chairman and Deputy Prime Minister, …

The UK Treasury Committee today published a report in which it has called upon the regulation of the “Wild West” crypto-asset market. The release of the report follows the launch of an inquiry into digital currencies …

The New York Office of the Attorney General (OAG) this week published a report on the results of the Virtual Markets Integrity Initiative launched in April 2018. In April 2018, the Attorney General’s office sent lette…

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced its plans to launch a fintech digital sandbox in a bid to encourage financial innovation in the region. The digital sandbo…

The People’s Bank of China (PBoC) has issued fresh notice cautioning people against the risks associated with cryptocurrency trading and initial coin offerings (ICOs), CCN reported. In September 2017, the central bank…

The French parliament has implemented a legal framework for initial coin offerings (ICOs), French Finance minister Bruno Le Maire confirmed via Twitter on September 12.

Japan’s Financial Services Agency (FSA) is seeking to expand its team focused on cryptocurrencies and related activities, a senior official was recently quoted saying. Kiyotaka Sasaki, vice commissioner for policy coo…

A federal judge in the U.S. has ruled that a criminal case against two reportedly fraudulent initial coin offerings (ICOs) falls under the scope of the country’s securities laws. In September 2017, the U.S. Securities…

The government of Uzbekistan is seeking to establish the country’s first government-approved cryptocurrency exchange. Uzbekistan Sovereign Wealth Fund (SWF) will be visiting South Korea this month to participate in ‘B…

The government of South Korea introduced the real-name system for cryptocurrency accounts in January this year. However, local news outlets have reported that only 40-50% of accounts at top four domestic crypto exchan…

The Australian Securities and Investments Commission (ASIC) has revealed its plans to develop new approach for regulating cryptocurrency exchanges and increase monitoring of initial coin offerings (ICOs) in order to p…

Electronic data recorded on a blockchain can now be submitted as evidence in legal disputes in China, the Supreme People’s Court announced on September 6. The apex court has announced new rules, which come into effect…

Smart Valor, a Switzerland-based blockchain startup, has received the regulatory approval to operate in the Swiss financial market, Reuters said in a report dated September 5. Founded in 2017, Smart Valor aims to buil…

Japan’s National Police Agency (NPA) is going to develop software for tracking cryptocurrency transactions in the wake of rising crimes related to cryptocurrencies, ETH News reported referring to a report from local o…

SEC Commissioner Hester Peirce has called for a web page devoted to questions and comments about ICOs, tokens, distributed ledger, and other crypto concepts to offer more clarity in these areas. Peirce, who dissented …