Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum's Shanghai Hard ForkWhile the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9 […]

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National Bank of Ukraine Unveils E-hryvnia Concept

National Bank of Ukraine Unveils E-hryvnia ConceptThe central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s Monetary Authority Introduces Banks and Businesses to E-hryvnia Project The National Bank of Ukraine (NBU) […]

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Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

Europe’s Securities Regulator Seeks Feedback on Regulations Ahead of DLT PilotESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime for market infrastructures based on distributed ledger technology (DLT). […]

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Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital Currency

Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital CurrencyThe central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash. New Zealand Central Bank Considers Risks and […]

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Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into MarchThe European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. Also read: Swiss Financial […]

The post Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March appeared first on Bitcoin News.

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China Seeks Public Feedback on Draft DLT Regulations

China Seeks Public Feedback on Draft DLT RegulationsThe Cyberspace Administration of China (CAC) has announced that it will accept public feedback through Nov. 2 on draft rules it recently published to regulate blockchain projects, but the proposed legislation has already drawn a mixed response from distributed ledger technology (DLT) analysts. Also Read: Bitstamp Confirms Acquisition by South Korean Company Strict Rules for DLT Users […]

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SEC Orders Proceedings to Rule on ETF, Seeks Further Feedback

The United States Securities and Exchange Commission (SEC) has published an “order instituting proceedings to determine whether to approve or disapprove” the proposed Vaneck Solidx bitcoin exchange-traded fund (ETF). The SEC is asking for further public feedback on issues pertaining to concerns regarding the bitcoin market’s perceived vulnerability to manipulation. Also Read: Turkey Finance Minister Embraces […]

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Australian Tax Agency Seeks Public Input Concerning Cryptocurrency Taxes

Australian Tax Agency Seeks Public Input Concerning Cryptocurrency TaxesThe Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets. Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes The Australian Taxation Office is Looking for Public Opinion Concerning […]

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Malta Extends Scope of Proposed Virtual Currency Regulations

Malta Extends Scope of Proposed Virtual Currency RegulationsThe Malta Financial Services Authority (MFSA) has published a ”feedback statement” regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating in the European archipelago nation. The statement has been issued following a consultation period from the 23rd of October 2017 to the 17th of November – in which the […]

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UK Financial Regulator Publishes DLT Feedback

TheMerkle UK FCA ICO WarningEarlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s technology-neutral approach to regulation, but they also voiced support for the Sandbox initiatives, meant to test out DLT innovations prior to public deployment. Respondents mentioned that DLT solutions could help provide and

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