Tag: regulation
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As air pollution increases in some US cities, the Trump administration is weakening clean air regulations
byBy Ryan Johnson Air pollution kills. In the United States, 1 of every 25 deaths occurs prematurely because of exposure to outdoor air pollution. It kills more Americans than all transportation accidents and gun shootings combined. More than diabetes or than breast cancer plus prostate cancer. More than Parkinson’s disease plus leukemia plus HIV/AIDS. And […]
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Mauritius to License Crypto Custodians Starting in March
byMauritius will soon license digital asset custodians as part of its plan to create a fintech hub “in and for” Africa. In an announcement Friday, the island nation’s Financial Services Commission (FSC) said that, after publishing draft rules in a consultation paper in November 2018, the framework has now been finalized and will come into effect on […]
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South Africa’s Central Bank Proposes Rules for Crypto Companies
byCrypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank. In a consultation paper published Wednesday, the South African Reserve Bank (SARB) said that regulatory action on crypto assets needs to be prioritized to protect consumers and investors, stating that consumers “are left vulnerable as sellers of crypto […]
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Bitmain IPO Put in Doubt by Hong Kong Financial Regulators
byHong Kong financial regulators are reluctant to back any crypto-related business at this moment in time while proper rules are being drafted to regulate initial public offerings (IPOs). The news might have a serious knock-on effect on the application of the Bitmain IPO and other related crypto projects in Hong Kong in the near future. […]
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Malta Rocks Blockchain Summit
by2018 was an undeniably tough year for crypto — whichever way you slice and dice it, the industry as a whole felt it. Whether you’ve been dabbling in BTC for years or bought your first stash of Satoshi in late 2017, the last 12 months have been a challenging period. That said, the visionary vibe of this […]
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EU Securities Group Advises Regulating Crypto Assets Under Existing Rules
byA group that advises the European Securities and Markets Authority (ESMA) – the EU’s securities watchdog – has recommended regulating most cryptocurrencies and ICO tokens under existing financial rules, but said more clarification is needed. In a report dated Oct. 19, the Securities and Markets Stakeholders Group (SMSG) said that, since transferable crypto assets used in payments (such as […]
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Malta’s Prime Minister Hails Crypto as ‘Future of Money’ in UN Speech
byMalta’s prime minister, Joseph Muscat, has used his platform at the U.N. to speak out on the potential of blockchain and cryptocurrency, calling them an “inevitable” part of a digital future. In a speech at the general debate of the 73rd Session of the General Assembly of the U.N. on Sept. 27, Muscat raised Malta’s move […]
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California Bans Bitcoin Donations in Political Campaigns
byCandidates running for public offices in the U.S. state of California may not receive donations in cryptocurrencies, according to a new ruling from the state’s political watchdog. The Associated Press reported Thursday that the Fair Political Practices Commission (FPPC) for the Golden State voted 3-1 on Thursday to prohibit political donations in cryptocurrencies, citing the difficulty of […]
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SEC Suspends Exchange-Traded Bitcoin and Ether Investment Vehicles
byA highly touted investment instrument that sought to appeal to U.S. public markets investors looking for cryptocurrency exposure has just seen a setback. Announced on Sunday, the U.S. Securities and Exchange Commission (SEC) has issued an order seeking to suspend the trading of the Bitcoin Tracker One and Ether Tracker One exchange-traded notes, issued by […]
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Navigating Crypto Regulation: China
byBy Sienna Miller It’s the fourth installment in our crypto regulation mini-series and today we’re looking at crypto regulation and security offerings in China. Keep reading to find out which blockchain platform scored the highest on China’s Blockchain Assessment Index! At the nation’s peak, China accounted for three quarters of the world’s bitcoin mining operations and over […]
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