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Bank of England Sets Out Rules for Libra Launch in the UK
9.10.2019
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch
Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance
9.10.2019
Hong Kong-based startup Diginex becomes the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm
US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project
9.10.2019
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association
How Anti-Money-Laundering Rules Hinder Libra’s Mission to Reach the Unbanked
9.10.2019
A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system
London Stock Exchange-Backed Nivaura Hires Senior HSBC Banker
9.10.2019
LSE-backed Nivaura hired a senior HSBC banker to boost adoption of the London-based fintech's blockchain process for capital markets legal documents
5 Things to Know About Grams Wallet’s Terms of Use Before GRM Launch
8.10.2019
Telegram publishes terms of service for its native cryptocurrency Grams Wallet
Crypto Donations to Politicians Are Unregulated in Japan: Report
8.10.2019
Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi
Cryptocurrency Donations to Politicians Legal In Japan Says Internal Affairs Minister
8.10.2019
Crypto donations are legal and do not need to be approved for political donations like cash or securities
EU Finance Commissioner to Propose Unified Crypto Legislation
8.10.2019
The European Union’s finance commissioner Valdis Dombrovskis pledges to propose new rules to regulate digital currencies such as Facebook’s Libra
‘Closer Than Ever’ to Bitcoin ETF, Says Bitwise Ahead of SEC Deadline
8.10.2019
Executives at Bitwise Asset Management are highly optimistic as the deadline for the U.S. SEC’s decision on their proposed Bitcoin exchange-traded fund nears
UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets
8.10.2019
The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML...
Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives
7.10.2019
The WFE has appealed to the United Kingdom’s financial regulator not to ban cryptocurrency derivatives for retail investors
Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies
7.10.2019
Relations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach...
German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra
7.10.2019
Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."
UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report
7.10.2019
The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019
UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019
7.10.2019
The number of investigations into cryptocurrency firms by the U.K.'s Financial Conduct Authority have seen a sharp rise in the last year
Indian Supreme Court Sets Date to Hear Crypto Case Next Week
7.10.2019
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...
Crypto Outpaces Political Donation Laws in Japan
7.10.2019
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...
Hong Kong’s SFC Releases Regulations for Crypto Fund Managers
7.10.2019
Hong Kong’s Securities and Futures Commission has released guidelines for virtual asset portfolio managers
Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...