Regulation

Regulation

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BIS Wants 'Level Playing Field' for Banks Amid Threat from Facebook

The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.

BIS headquarters in Basil, Switzerland.

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Howey Schmowey – The Real Answer is to Update Securities Regulations

The SEC should focus more on fraud prevention than if an asset is a security, as fraud can be committed with securities too, argues David Weisberger.

oranges, fruits

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G7 Forming Task Force in Response to Facebook's Libra Cryptocurrency

France is setting up a task force within the Group of Seven nations to examine regulatory issues raised by Facebook's Libra cryptocurrency.

Francois Villeroy de Galhau via Bank of France

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Japan Watchdog Charges Zaif Crypto Exchange Owner with 'Legal Violations'

Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog.

FSA's name in Japanese and English on a building wall

Политика

Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions.

v20-blockchain-event-regulation

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Halt Libra? US Lawmakers Call for Hearings on Facebook's Crypto

House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

mark, facebook

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There's a Second Token: A Breakdown of Facebook's Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

facebook, bitcoin

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Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain

“This initiative is an answer to great transformation”, the regulators said.

brazil-regulation-market-blockchain

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Russia's Central Bank Is Considering Launching a Digital Currency

The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.

Elvira Nabiullina, governor of the Bank of Russia.

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Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

FINRA

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