European Commission Blockchain Report: The 3 Key Takeaways

  European Commission: Blockchain Beyond the Hype Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the … Continue reading European Commission Blockchain Report: The 3 Key Takeaways

Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

The Securities and Futures Commission, Hong Kong’s financial regulator, has set out new regulations for Bitcoin and cryptocurrency exchanges on Nov. 6. Announced by Ashley Alder, Chief Executive of the Hong Kong SFC made an announcement in his speech at the Hong Kong FinTech Week 2019. Following his speech, the SFC also published a new … Continue reading Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

A report published on the Global Times on Nov. 7 stated that the Shanghai Municipal Commission of Commerce had signed a written proposal giving the Shanghai government departments and six financial companies an opportunity to establish an E-port area blockchain alliance with the sole aim of fostering international trade and financial services. This proposal was signed … Continue reading Shanghai Municipal Commission of Commerce Signs a Blockchain Alliance Proposal to Foster Trade And Finance

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz, spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.   Quintenz started by saying that one of the main values that the Commission stands by is to “first do no harm, then be technology-neutral.”   LabCFTC working with technologists, innovators, and the public  … Continue reading US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy

US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal draft proposal.    On Feb. 7, Peirce spoke at the International Blockchain Congress in Chicago and outlined her token safe harbor proposal which would … Continue reading US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based financial service providers, Wilshire Phoenix. A filing posted on Feb. 26 revealed that the SEC had concluded that Wilshire Phoenix had not provided enough evidence that the bitcoin market was resistant to market … Continue reading US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.  Bitcoin dominated by illicit activities Rand Corporation, an independent, US government-accredited research lab, was hired by Zooko Wilcox, the creator of Zcash and chairman of ECC as … Continue reading Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Trump Nominates SEC Commissioner Hester Peirce For Second Term

Crypto Mom, Hester Peirce has been nominated for a second term with the US Securities and Exchange Commission (SEC) as one of its five commissioners. Peirce has proved to be somewhat of an ally of Bitcoin and blockchain projects that come before the US SEC regulatory body. She took office in January 2018 and received … Continue reading Trump Nominates SEC Commissioner Hester Peirce For Second Term

Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

According to Jiji Press on July 7, the Japanese government has named Ryozo Himino as the next commissioner of the country’s Financial Service Agency (FSA). The crypto-friendly leader is likely to push positive reforms in the industry. A formal announcement is expected to be made later within this month. Currently, Himino serves as the International Financial … Continue reading Japan Appoints Crypto-Friendly Leader as New Financial Services Agency Commissioner

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission (Shariah Advisory Council) has announced that the trading of digital assets is now legal in the country. The Securities Commission is the regulatory authority that oversees the implementation of Islamic laws in the operations of Islamic financial institutions. Datuk Syed Zaid, the Chairman of the Securities Commission, said that the regulator has … Continue reading Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

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