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Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights

News A member of the Federal Reserve’s Board of Governors has said that Facebook's Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to the system overall. Lael Brainard — who chairs the Fed’s Committees on Financi..

Central Banks Have Three Options for Crypto Regulations, Says Official

News Denis Beau, the deputy governor of France’s central bank, Banque De France, recently delivered comments regarding central banks’ approaches to cryptocurrencies. Establish appropriate cryptocurrency regulations On Oct. 16, Beau spoke at the Official Monetary and Financial Institutions Forum co..

Telegram’s TON Launch and Token Distribution — All the Details to Date

Analysis In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the crypto community. In 2019, the industry is marching to a very different tune, with tech companies ex..

Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC

News The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilsh..

Kik Announces It’s ‘Here to Stay’ in Apparent Reversal of Fortunes

News Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. In an official tweet posted on Oct. 13, the company announced: “Great news: Kik is here to stay!!!!AND there’s some really exciting plan..

Report: Telegram’s ‘Force Majeure’ Clause Curbs Investor Compensation

News Telegram’s pledge to return money to investors in the event of a delay to the launch of its blockchain network may be superseded by a “force majeure” clause in its purchase agreement. As an Oct. 14 report from Russian media agency the Bell emphasizes, the force majeure clause — which encompas..

Can Crypto Exchanges Ever Be Truly Decentralized?

Is it possible for a crypto exchange to be fully exempt from regulations in the current landscape? Cointelegraph presents the Crypto Myths series

Pushing for Crypto Self-Regulation Amid Tightening Government Scrutiny

Analysis Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions ..

US IRS Releases Guidance on Crypto Airdrops and Hard Forks

News The United States' federal tax service has issued guidelines for tax reporting regarding cryptocurrency airdrops and hard forks. In an announcement on Oct. 9, the U.S. Internal Revenue Service (IRS) announced the issuance of Revenue Ruling 2019-24, which addresses common questions of tax..

EU Finance Commissioner to Propose Unified Crypto Legislation

News The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra. As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated: “Europe needs a common approach on crypto-assets such as Libra. ..

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