Cryptonews Tags Regulation

# Regulation (Page 167)

France Doesn’t Want Let Libra Into Europe

Due to systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance, we "cannot authorize the development of Libra on European soil," French Finance Minister Bruno Le Maire said on Thursday.“All these concerns about Libra are serious," Le Maire was quoted...

, by Linas Kmieliauskas

How Many Crypto Accounts Japan Has + 10 More Crypto Briefs

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Cryptocurrency exchange news Crypto Times reports that the JVCEA, an association of 18 Japanese cryptocurrency...

Brazilian, Mexican Regulators on the Warpath for Crypto Businesses

Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages.The Securities and Exchange Commission of Brazil, known locally...

Stock Exchange MERJ Launches Tokenized IPO + 10 More Crypto Briefs

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.Tokenization newsMERJ, the national stock exchange of the Republic of Seychelles, announced today the initial public...

Has the Uruguayan Central Bank Taken a Crypto U-turn?

Uruguay’s financial chiefs appear to have made a volte-face on cryptocurrency and blockchain policy – and may look to embrace crypto- and blockchain-powered finance instead of pushing it to the sidelines.Per a report from media outlet Criptonoticias, Alberto Graña, governor of...

Naspers, Blockchain.com Invest in DappRadar + More Crypto Briefs

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Investment news DappRadar, a Lithuania-based dapp (decentralized application) analysis platform, said it has raised USD...

Blockchain.com Raising USD 50M + More Crypto Briefs

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Investment newsMajor crypto wallet Blockchain.com is in talks with investors about raising USD 50 million in order to...

International Regulator Appoints New ‘Crypto Regulations’ Chief

International financial authority the Financial Stability Board (FSB) has appointed one of Japan’s top cryptocurrency regulators as its new leader.The FCB said, per an official release, that it had appointed Ryozo Himino, the Vice Minister for International Affairs of his country’s...

How the New FATF Rules Will Open up Crypto to a Layer of Middlemen

VASPs might not be able to interpret and implement the new FATF guidelines themselves. However, VASPs may be given some elbow room in interpreting the new guidance.The new guidelines by the Financial Action Task Force (FATF), a multi-government body, have profound implications for how...

, by Simon Chandler

ECB: Stablecoins Could be Rendered Useless by Financial Institutions

If financial institutions were to use DLT (distributed ledger technology) to record traditional assets, such as commercial bank money and regulated electronic money, stablecoins could be rendered redundant, claims the paper by three employees of the European Central Bank.Euro symbol in front of the...

, by Sead Fadilpašić

More Crypto Regulations for Japan as Bank Reveals Wallet Plans

Japan’s regulatory Financial Services Agency (FSA) looks set to beef up its policing of the country’s cryptocurrency exchanges.Per a report from Japanese media outlet Crypto Watch, the FSA wants to revise more laws and bolster cooperation with overseas authorities.Exchanges will be...

United States SEC Chief: No Securities Law Changes for Crypto

The chairman of American financial regulatory body the Securities and Exchange Commission (SEC) says he is “not looking to expand securities laws” dating back some 85 years to make provisions for cryptocurrencies and initial coin offerings (ICOs).Speaking to Bloomberg, SEC chief Jay...

Brazilian Central Bank Changes its Cryptocurrency Classifications

The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies.In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the...

Libra ‘Concerns Remain’ for US Lawmakers after Switzerland Talks

The head of the United States House of Representatives’ Financial Services Committee says that it is still “concerned” by Facebook’s proposed Libra stablecoin despite extensive meetings with politicians and financial regulators in Switzerland.Facebook has announced that it...

‘They Said It’s a Dead-end’: Crypto Startups Tell How to Deal With SEC

"There’s inevitably an education on both the staff’s side and the company’s side." "Overall, we feel that the SEC is truly invested in finding a way to enable blockchain tech to flourish in the U.S."Blockstack and Props are the two first representatives of the crypto industry...

, by Tanzeel Akhtar

Good News and Bad for Blockchain and Crypto in South Korea

There were mixed fortunes for cryptocurrency and blockchain enterprises in South Korea yesterday – with Kakao’s Ground X blockchain arm winning a second major banking partner, while government authorities yet again delayed making a key cryptocurrency ruling.Woori, a financial firm that...

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