Category: Regulation
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‘Crushing’ regulations could drive Ripple out of US
Ripple co-founder Chris Larsen said the firm is considering moving to the U.K., Switzerland, Singapore, or Japan.
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FCA bans the sale of crypto-derivatives to retail customers in the U.K.
The U.K. Financial Conduct Authority (FCA) has published a new set of rules banning the sale of crypto derivatives to retail consumers in the country. The regulator made the decision to protect consumers almost a year after first proposing the ban, explaining that cryptocurrency derivatives are “ill-suited” for retail consumers as they can pose harm.…
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Ripple Chairman Says Firm Could Leave US if Regulatory Environment Doesn’t Change
Ripple’s Chris Larsen threatened to leave the U.S. if the country’s stance on crypto doesn’t soon change, Fortune reported.
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Crypto exchange refuses to name names for Belarusian government
Kuna’s founder stated that the exchange does “not support violence” or “engage in dialogue with opponents.”
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After BitMEX: Regulation Must Change for the Digital Age
Recent regulatory enforcement against BitMEX shows how out of step the world’s financial regulators are with digital innovation.
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Bank of Canada raises concerns and risks around digital currencies
Bank of Canada analysts raised concerns over the use of Central Bank Digital Currencies (CBDCs) as countries around the world weight the use of digital tokens instead of paper-based money. Titled the “Security and convenience of a central bank digital currency,” the bank said CBDC users are likely to face three major risks from storing…
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French municipality accepting blockchain voting for road project
“The vote will be 100% secure,” said Avosvotes CEO Florian Ribière.
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OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.
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OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.
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ECB to consider further digital euro study in 2021
The report is only the start of the discussion and raises more questions before officially studying the digital euro.