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Russia to Change 13 Laws and Codes for Digital Ruble


Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia...

Why Crypto Needs To Be Regulated


Viktor Prokopenya is a London-based fintech investor and the Founder of VP Capital, an investment vehicle focused on the technology sector.______ Could we live in a world without rules? In theory, yes - we can live with an absence of government, and indeed our early ancestors did so. At...

Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds


A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings


A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with...

Regulation Key to African Fintech Sector Growth — New Study


According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract...

Swiss Fintech Launches Country’s First Regulated Crypto Asset Fund


fund tracks the performance of the Crypto Market Index 10 which is administered by the Zurich-based SIX Swiss Exchange. The index follows and measures the performance of the world’s top 10 cryptoassets by market capitalization.“The investment fund enables clients of innovative wealth and asse

Binance Prepares Changes to Work With Regulators Worldwide


Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future....

UK Post Office Adds Option to Buy Bitcoin via Easyid App


U.K. Post Office’s Easyid app is adding the option to buy bitcoin starting this week. Through the free-to-use Post Office app, customers can access Swarm Markets, a regulated crypto exchange, to buy bitcoin and ethereum. Buy Bitcoin and Ether Using Post Office App The U.K. Post Office...

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