Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus on crypto oversight. Further, China’s central bank has made digital currency a priority. Also […]
The post US and European Regulators Say Crypto a Priority This Year appeared first on Bitcoin News.
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Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss […]
The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges […]
The Financial Industry Regulatory Authority has issued a notice encouraging every firm that sells securities to the public in the U.S. to disclose any activities “related to digital assets, such as cryptocurrencies and other virtual coins and tokens.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Firms Encouraged to Disclose Crypto Involvement The Financial […]
It seems that a race to take over US-licensed brokerages has begun among crypto companies. Soon after Coinbase revealed it is buying up a securities firm, Uphold has now followed the move with its own acquisition. JNK Securities’ licenses could possibly open the door for the company to offer trading on ICO tokens deemed securities […]
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U.S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]
Coinbase is seeking to become a fully licensed broker-dealer through its acquisition of three federally regulated firms. The company is confident that it will get the approvals necessary to start offering fully-regulated crypto securities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase as Regulated Broker-Dealer One of the world’s largest cryptocurrency companies, Coinbase, […]
The Financial Industry Regulatory Authority (FINRA), has taken action against Tezos co-founder Arthur Breitman. The Wall Street regulator has fined Mr. Breitman $20,000 USD, banning Tezos from associating with broker-dealers for two years. It’s part of a settlement following FINRA’s accusations that the crypto company’s co-founder made false statements regarding the project whilst employed at […]
The U.S. Commodity Futures Trading Commission (CFTC) has issued its first warning against pump-and-dump schemes involving cryptocurrencies while giving advice on how to buy crypto. This warning follows previous warnings by two other U.S. regulators. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies CFTC’s Warning The CFTC issued a Customer Protection Advisory […]