Tag: financial

Financial Blockades Are Bad for Humanity But Great for Bitcoin

Finance Vloggers. Sex employees. Conservatives. Iranians. People from each strata of society, with nothing in widespread, save for a shared grievance. All have discovered themselves locked out with out warning by their fee supplier. Account frozen. Funds seized. Lifeline severed. And for what precisely? For the amorphous crime of failing to adjust to the phrases […]

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

Regulation In latest regulatory information, an official representing the Monetary Authority of Singapore (MAS) has said that no present crypto tokens meet the regulator’s definition of a safety providing; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasised the “fundamental” bookkeeping tasks of companies working with cryptocurrencies; and the pinnacle […]

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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

Regulation The U.S. Financial Industry Regulatory Authority has taken its first disciplinary motion involving cryptocurrencies. The authority prices a dealer with fraudulent and illegal distribution of unregistered crypto securities. The proprietor allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also learn: 160 Crypto […]

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Belgium Warns of 28 New Fraudulent Crypto Platforms – 78 in Total

Regulation Belgium’s Financial Services and Markets Authority (FSMA) has revealed an inventory of cryptocurrency platforms exhibiting indicators of fraud. The listing at present accommodates 78 crypto platforms, together with 28 platforms added on Tuesday. Despite warnings, the FSMA continues to obtain complaints from customers about these crypto corporations. Also learn: 160 Crypto Exchanges Seek to Enter Japanese […]

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FINMA Launches Proceedings Against $100 Million ICO Envion AG

Regulation Switzerland’s monetary regulator, the Swiss Financial Market Supervisory Authority (FINMA), has introduced that it has launched proceedings towards preliminary coin providing (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release revealed by the Swiss Financial Market […]

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FINMA Seeks to Stem Exodus of Swiss Cryptocurrency Firms

Finance The Swiss Financial Market Supervisory Authority (FINMA) has met with agents of the nation’s banking industry in the hopes of originating a nascent exodus one of cryptocurrency businesses from Switzerland. The firms’ departures are credited to 2 Swiss banks’ choices to no longer provide financial solutions to companies handling virtual currencies. FINMA Acts into […]

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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”

Regulation In recent regulatory information, U.K. minister, Eddie Hughes has released a report which urges for the creation of a “Chief Blockchain Officer,” that the U.K. Financial Conduct Authority has declared a number of dispersed ledger (DLT) businesses have been admitted into cohort 4 of its own regulatory sandbox, and Finland’s Central Bank has released […]

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Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

Regulation In recent regulatory information, the Shapeshift co-founder and chief operating officer, has given a damning evaluation of the present regulatory climate surrounding cryptocurrencies from the United States. The president Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has signaled that the primary issue of German regulators concerning cryptocurrency will be wanting to guarantee financial stability, […]

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