Search Results for: Commission

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space. In June 2020, … Continue reading PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan’s Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himino as the new commissioner of the financial watchdog group.  Watch Out for Himino On July 20, the update was publicly announced and Himino was officially listed as the head of the watchdog group. The financial custodian was transferred internally and previously played a part in the security agency as International Financial Deputy Counselor. He was … Continue reading Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

The United States Senate has voted in Commissioner Hester Peirce of the Securities and Exchange Commission for a second term that will see her remain with the regulator until 2025. The US Senate has confirmed Securities and Exchange Commission (SEC) commissioner Hester Peirce, renewing her position for a second term via a voice vote on Aug 5. Peirce … Continue reading SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

Commissioner Hester Peirce has been officially sworn in for a second term as one of the United States Securities and Exchange Commission’s five commissioners alongside Caroline Crenshaw. The Securities and Exchange Commission (SEC) has sworn in Hester Peirce and Caroline Crenshaw after the pair were confirmed by vote in the United States Senate on August … Continue reading Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The United States Securities and Exchange Commission (SEC) has modernized its definition of an accredited investor to now consider not just an individual’s wealth, but their education to qualify for investing in cryptocurrency ICOs, as well as mainstream capital market offerings. The US SEC has broadened its definition of “accredited investors” that qualify to take … Continue reading SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigeria’s Securities and Exchange Commission has announced that it will create a clear regulatory framework for trade in digital currencies to protect investors’ interests and to ensure transparent transactions.   On Monday Sept.14, Nigeria’s capital market and investment regulator said that the cryptocurrency regulation’s aim is not to stifle innovation or hinder technology, but rather to … Continue reading Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country. Per the announcement, the updated DLT guidance notes will help to assist both old and emerging firms while also protecting consumers. According to the GFSC, the initial guidance notes were first published back in December … Continue reading Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

A leaked European Union legislative draft on digital assets reveals the European Commission’s plans for cryptocurrency trading and issuance across the nation. Downside of the proposed crypto regulatory measures The draft legislation, proposed by Europe’s Markets in Crypto-Assets (MiCA) department, is allegedly supposed to be released by the end of the month. It dictates that … Continue reading Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

The European Commission (EC) has officially unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience. The EC’s proposed regulatory framework seeks to offer more clarity about the crypto space in its member states. Stablecoins might be widely adopted The proposal stipulates the urge for a sound legal framework for … Continue reading European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a low rate of digital assets adoption within the country. Speaking at the virtual SCxSC Fintech Conference 2020, the chairman of the Securities Commission (SC) Malaysia Shariah Advisory Council, Dr. Daud Bakar broached the subject of cryptocurrency and how it … Continue reading Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

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