The securities watchdog says that the new regulations bring all virtual assets-related activities and fund managers under its regulatory purview.
Japan who’ve been considering legal aspects of cryptocurrency for quite a time, finally made its mind and granted an alliance of 16 crypto-exchanges with regulatory rights over the industry.
Bill Clinton warned lawmakers to not squeeze the development and innovation in the blockchain space with the burden of over-regulation.
Switzerland’s blockchain and fintech experts will work in developing the regulations for Isreali officials and present it to the Israeli government by the end of this year.
Crypto exchange ETERBASE has made significant progress in its efforts to become one of Europe’s leading exchanges, with a regulatory assessment from Liechtenstein’s Financial Markets Authority (FMA).
After engaging in almost one-year of legal battle, the two companies decided to end it in an undisclosed agreement.
The vice president of the European Commission said that crypto assets have future in the EU but it is necessary to classify and to regulate them.
With debate over the crypto regulation dominating the news, Mistertango – first crypto-friendly electronic payment provider, revealed that 88% of crypto exchanges, contrary to popular opinion, want regulation, seeing it essential for industry to mature.
In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.
The FSC revised its rules to apply strengthened policies in order to prevent or detect money laundering and illegal activities because they aren’t opposed to cryptocurrencies.