Tag: Regulatory

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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Bitgo Attains Regulatory Approval in United States

Regulation Bitgo, a cryptocurrency safety and custody firm, has been granted regulatory approval to supply its storage providers to the United States. Specifically, Bitgo will goal U.S.-based institutional buyers with its “Bitgo Trust Company.” Also Read: Corporate Creditors Can Now File Claims for Mt Gox Restitution Bitgo Approved by South Dakota Regulators The South Dakota Division […]

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South Korean Lawmaker Proposes Special Crypto Zone for ICOs

Regulation A South Korean lawmaker has reportedly proposed designating a regulation-free particular cryptocurrency zone aimed toward preliminary coin choices. It has been a few 12 months since token gross sales had been banned within the nation however the authorities has but to introduce any tips for them. Also learn: 160 Crypto Exchanges Seek to Enter Japanese […]

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Japan May Play Leading Role in G20’s Crypto Regulatory Stance

Despite gaining legitimacy in the view of a lot more people around the planet, cryptocurrencies continue to be a contested issue within regulatory circles, particularly with the regulatory bodies of developed nations. The FSB commented on its own opinion regarding cryptocurrencies, saying:-LRB-********)“While the FSB believes that crypto-assets do not pose a material risk to global financial […]

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Fed Chairman: “Cryptos Don’t Have Intrinsic Value,” Denies The ‘Crypto Threat’

On Wednesday dawn, the U.S. Congress held a hearing about cryptocurrencies, hearing mixed comments from regulators and agents of the U.S. government. ) When contested about whether blockchain-based currencies pose a “serious” danger to monetary stability, Powell pointed out “they aren’t big enough to do that yet.” Although the value of this cryptocurrency market may appear […]

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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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CFTC Commissioner: Cryptocurrency Will Proliferate to Every Economy in Every Country

On June 4, Rostin Behnam commissioner of the U.S. Commodity Futures Trading Commission (CFTC) took an interesting stance on cryptocurrency and relevant technologies during a conversation at the BFI United Nations Summit. Original post first appeared in https://www.newsbtc.com/2018/06/10/cftc-commissioner-cryptocurrencies-are-not-going-away/

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Coinbase Steps Into The Crypto-Centric Japanese Market

One of their biggest cryptocurrency businesses on earth, Coinbase, just announced it will be opening up operations in Japan very soon. Original post first appeared in https://www.newsbtc.com/2018/06/05/coinbase-steps-into-the-crypto-centric-japanese-market/

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