Category: Regulation

New York’s Financial Regulator Puts Focus on Crypto Firms for Digital Reporting Initiative

The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.

October 15, 2020
Isle of Man Regulator Says Bitcoin, Ether Not Considered Securities in New Guidance

The island’s Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities.

October 15, 2020
BitMEX charges send ‘a message’ to global exchanges: Crypto Mom

The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously

October 14, 2020
NYC court has no right to hear ‘international’ case argues Bancor firm

Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.”

October 14, 2020
CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

October 14, 2020
Blockchain firm Monerium thinks Europe ‘already has’ a digital euro

The ECB should grant e-money issuers access to central bank reserves, says Monerium.

October 14, 2020
WEF Releases Report Assessing Global Blockchain Standards

The Global Standards Mapping Initiative is the most “comprehensive” attempt so far to survey blockchain technical standards, the WEF said.

October 14, 2020
UK FCA crypto derivatives ban ignored 97% of consultation respondents

The U.K.’s Financial Conduct Authority is accused of ignoring its own consultation and cherry-picking data.

October 14, 2020
Unqualified investors can buy up to $8K of crypto, says Bank of Russia

Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors.

October 14, 2020
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains

Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax…

October 13, 2020