Regulation

The FCA Proposes Prohibition on all Cryptocurrency-Related Products

The FCA Proposes Prohibition on all Cryptocurrency-Related Products

  • The Financial Conduct Authority asks for a ban on all cryptocurrency-related products due to investor risks.
  • Christopher Woolard warns that the high volatility of digital assets might harm small investors.
US Capitol Building at sunset along street in Washington, DC, USA

Senate Banking Committee Schedules a Hearing on Facebook’s Libra Cryptocurrency for July 16

  • The U.S. Senate Banking Committee has scheduled a hearing on Facebook's Libra for July 16.
  • The head of the U.S. Federal Reserve has said that he recognizes both potential benefits and risks to Facebook's new project.
A lawyer's desk

Australian Securities & Investments Commission Releases ICO Guidance

  • Australian Securities & Investments Commission has released guidelines for conducting an ICO in the country
  • The institution recognises that most ICOs fall under the "financial products" category, meaning that an Australian Financial Services licence is required.
EU Flag

Blockchain Interoperability Standards Recommended in EU Report

A report, submitted to the European Union, has recommended the introduction of interoperability and scalability standards, as a way to develop blockchain technology.
U.S. SEC Starts Review of New Bitcoin ETF Rule Change Proposal by NYSE Arca

U.S. SEC Starts Review of New Bitcoin ETF Rule Change Proposal by NYSE Arca

Review of the rule change proposal for NYSE Arca's Bitcoin ETF (Exchange Traded Fund) has started on...
SEC Commissioner: Bitcoin ETF Approval is Inevitable

SEC Commissioners: Bitcoin ETF Approval is Inevitable

Robert J. Jackson Jr., a commissioner at the SEC, thinks that a Bitcoin ETF approval will, sooner...
New York Regulator Approves BitLicense Applications for Both Robinhood & LibertyX

New York Regulator Approves BitLicense Applications for Both Robinhood & LibertyX

Two more companies receve a BitLicense to operate in New York, the DFS (Department of Financial Services)...
HM Revenue & Customs Release Guidance for Crypto Investors

HM Revenue & Customs Release Guidance for Crypto Investors

A comprehensive explanation on taxation for private cryptocurrency holders has been released by the United Kingdom's tax agency this...
Four More Crypto Firms Hit With Cease-And-Desist Orders by Colorado Securities Regulator

Four More Crypto Firms Hit With Cease-And-Desist Orders by Colorado Securities Regulator

The Colorado Division of Securities continues with the cease-and-desist orders against allegedly fraudulent initial coin offerings. Four new orders...
U.K.'s Financial Conduct Authority is Considering Bans on Some Crypto Derivatives

U.K.’s Financial Conduct Authority is Considering Bans on Some Crypto Derivatives

Christopher Woolard, an executive board member at the Financial Conduct Authority (FCA), recently spoke at an event in London...