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United States SEC Chief: No Securities Law Changes for Crypto


The chairman of American financial regulatory body the Securities and Exchange Commission (SEC) says he is “not looking to expand securities laws” dating back some 85 years to make provisions for cryptocurrencies and initial coin offerings (ICOs). Speaking to Bloomberg, SEC chief Jay Clayton...

Initiative to Curtail Negative Interest Rates Gains Traction in Germany


Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set


After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...

Supreme Court has Ordered Bitfinex to Provide Documents Demanded by NYAG


The supreme court of the state of New York has decided that the office of Attorney General of New York (NYAG) has authority over Bitfinex the cryptocurrency exchange. As per the court filing, the decision has let NYAG continue the investigation and demand the documents as and when the...

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