Int’l Regulator: Stablecoin ‘Structure’ Determines If It’s a Security
Some stablecoin implementations are securities, according to international securities regulator IOSCO Go to Source Powered by WPeMatico
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Finland Approves First 5 Crypto Service Providers
Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.Bitcoin.com. The grace period for operating without registration has expired. Also read: Finland Begins Regulating Crypto Service Providers Only Five Registrants Finland’s Financial Supervisory Authority (FIN-FSA) … Read more
Report: Barely Any Hong Kong Crypto Funds Being Approved for Licenses
Hong Kong’s securities regulator has reportedly approved barely any cryptocurrency fund managers under its 2018 licensing framework Go to Source Powered by WPeMatico
Huobi Global to Freeze US Customer Accounts by Mid-November
Huobi Global has announced that it will freeze all U.S. customer accounts on Nov. 13, nudging American users toward its other platform, HBUS Go to Source Powered by WPeMatico
Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients
Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange Go to Source Powered by WPeMatico
OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume and real trading in bitcoin exist, and it is not the … Read more
23 Central Banks Divulge Their Digital Currency Requirements
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The First … Read more
Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards
Card purchases of Bitcoin banned in Argentina as central bank tightens controls Go to Source Powered by WPeMatico
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
The United States must catch up with China when it comes to central bank digital currency, say analysts Go to Source Powered by WPeMatico
ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’
Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and of growth rather than the protection of savers?” Regarding former … Read more
