Instruments – DIGIT INFO

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

DIGIT — Thu, 16 Mar 2023 14:00:25 +0000

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to […]

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Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

DIGIT — Sun, 27 Nov 2022 05:00:02 +0000

Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies […]

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Bulgarian Stock Exchange Launches 8 Crypto ETNs

DIGIT — Sun, 20 Feb 2022 15:30:36 +0000

Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products. Crypto-Based ETNs Offered to Bulgarian Investors Bulgarian Stock Exchange (BSE) has started trading crypto […]

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Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

DIGIT — Sun, 19 Dec 2021 21:00:52 +0000

The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary […]

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Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

DIGIT — Sun, 24 Oct 2021 07:30:49 +0000

Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came after the debut of bitcoin ETFs in the U.S. Central Bank of Russia […]

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New Guidelines Subject Canadian Crypto Exchanges to Securities Laws

DIGIT — Sat, 18 Jan 2020 16:10:11 +0000

Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also […]

The post New Guidelines Subject Canadian Crypto Exchanges to Securities Laws appeared first on Bitcoin News.

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Danske Bank Bans Investments in Cryptocurrency-Related Instruments

DIGIT — Fri, 06 Apr 2018 03:00:53 +0000

Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be […]

The post Danske Bank Bans Investments in Cryptocurrency-Related Instruments appeared first on Bitcoin News.

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