Friday, October 30, 2020

Regulation

BitMEX charges send ‘a message’ to global exchanges: Crypto Mom

United States Securities and Exchange Commissioner Hester Peirce — better known as “Crypto Mom” — believes the recent action against BitMEX may be a...

CFTC Chairman Heath Tarbert Talks Ethereum, DeFi and the Next BitMEX

The TakeawayAfter the BitMEX enforcement action, are other noncompliant exchanges on the CFTC's radar? "Maybe," said chair Heath Tarbert.In an appearance Wednesday, the regulator...

FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra...

Bitcoiners Have Trillions and Trillions of Reasons to Ignore US Election

The outcome of next month’s U.S. presidential election may not matter much for bitcoin’s price: Economic stimulus in the trillions of dollars is likely no matter who...

The Securities Clarity Act Is Simple and Logical (and Bad News for Lawyers Like Me)

On Sept. 24, 2020, U.S. Rep. Tom Emmer (R-Minn.) introduced a bill called the Securities Clarity Act “to provide a path to regulatory certainty...

Digital Ruble Can Help Track Government Spending, Bank of Russia Says

Russia’s central bank, the Bank of Russia, issued a report about potentially launching a digital ruble.The new report, published on the Bank of Russia’s...

Australian Central Bank Sees ‘No Strong Public Policy Case’ for CBDC

The Australian central bank sees no need to issue its own retail digital currency just yet, a top official said Wednesday.Tony Richards, head of...

CipherTrace gives officials tips on how to uncover criminals’ crypto caches

Blockchain forensics firm CipherTrace has published comprehensive guidance to assist law enforcement officials in identifying signs of cryptocurrency use when carrying out criminal investigations.The...

Cruise ship ‘Satoshi’ to house crypto companies and digital nomads

Ocean Builders, a company that builds “floating, off-grid seapod homes,” has bought an old Australian cruise ship it renamed ‘Satoshi’ and plans to fill...

Unqualified investors can buy up to $8K of crypto, says Bank of Russia

The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors.The Bank of Russia suggested that unqualified investors in...

UK FCA crypto derivatives ban ignored 97% of consultation respondents

Last week’s blanket banning of cryptocurrency derivatives by the United Kingdom’s Financial Conduct Authority ignored 97% of respondents to its consultation, according to the...

Blockchain firm Monerium thinks Europe ‘already has’ a digital euro

Consensys-backed e-money issuer Monerium thinks the route to a digital euro is simpler than the European Central Bank suggests.The fintech, which focuses on bridging...