Regulation

Regulation

Markets

Chainalysis Hires FinCEN Vet to Tackle Crypto's New 'Travel Rule' Challenge

Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements.

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Markets

Swiss Central Banker 'Relaxed' About Facebook's Libra Crypto

A Swiss central banker has suggested that Facebook's cryptocurrency project, Libra, is not ruffling any feathers with the regulator, Reuters reports. 

Swiss flag

Markets

Second US Congressional Hearing Is Scheduled on Facebook's Libra Crypto

The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing.

Facebook

Markets

Russia May Allow Crypto Trading in Upcoming Legislation: Official

As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed.

Russian state duma

Markets

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.

Markets

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.

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Markets

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

Markets

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

Policy

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

Markets

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.

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