Dec 10, 2019 at 10:20
US SEC Softens Stance; Is There a Chance for Bitcoin ETFs?
The financial and securities watchdog silently accepted a fund tied to the BTC futures market just a few days ago — an effort which many experts say vividly widens the chances for the endorsement of other ETFs sooner or later.
Dec 05, 2019 at 09:43
Limitations of Bitcoin and Anti-Money Laundering Rules in Europe
The use of Bitcoin and other cryptocurrencies is still difficult to control and requires scrupulous assessment for any reports to Italian authorities. For now, cryptocurrencies for transactions subject to traceability requirements can be used within the limits of cash. Let's give some light to the recent anti-money laundering (AML) regulations.
Italy Develops Regulatory Framework to Promote Blockchain
In Italy, before other great countries, it was decided to introduce specific regulations for Blockchain technology, in fact, in the simplification decree approved in the Official Journal in February 2019 two articles on this new technology were introduced.
A Guide for Successful Securitized Token Offerings in Europe
Securitized token offerings (STOs) are the new trend in the cryptocurrency sector being looked at by institutional investors as a feasible way of raising funds. Nevertheless, there are a totally dissimilar piece of regulations in various countries and continents to be put into consideration before rolling out an STO. For instance, the environment for STOs in Europe is more friendly than that in the United States of America under the US Securities and Exchange Commission (SEC). Let’s look at an expert guide to roll out a fruitful STO in Europe.
Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
UK Authority Tips Off Dangers of Unregulated Cryptocurrency
On July 31, 2019, the United Kingdom financial and markets watchdog warned of the major dangers of unregulated Bitcoin and other cryptocurrencies. The Financial Conduct Authority (FCA) revealed that they don’t have core value and provide users less protections and further indicated that those unregulated tokens fall outside the range of its authorities.
Republic of Cyprus to Draft Blockchain & Cryptocurrency Regulations in 2019
The Republic of Cyprus is going to draft blockchain and cryptocurrency regulations this year, according to the Ministry of Finance. Minister Harris Georgiades is optimistic the regulation draft will be completed very soon and will play a big part to revolutionize the finance industry in the country, Financial Mirror reports.
Bahamas to Regulate Cryptocurrency and Token Sale
Bahamas plans to introduce strong regulations for token and cryptocurrency sales, intending to make the country a better place for digital currency and blockchain businesses. The Securities Commission officially filed a draft of the bill back in March seeking to regulate token offerings that are not considered securities.