Tuesday, February 19, 2019
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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official statement published Jan. 16.In the document, titled “Consultation Paper on Policy Proposals for Crypto Assets,”

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Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter

The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The Sydney Morning Herald reports on Jan. 5.Bigatton is reportedly listed as a director and shareholder of BitConnect International Plc and the

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Chief of Allianz Global Investors Asks Regulators to Introduce Crypto Ban

Photo: Sebastian Rittau / FlickrAs the global regulatory bodies continue to explore different possibilities for digital currencies, global chief investment officer and CEO of Allianz Global Investors Andreas Utermann wants regulators to completely “outlaw” cryptocurrencies.  On Tuesday, December 11, Reuters reported Utermann speaking at a panel discussion in London.Citing the

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South Korean Startup Presto to File Constitutional Appeal Against Local ICO Ban

A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6.Presto claims on its website that it provides a “total solution to development teams from website building to token issuing.” The

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UK Regulator Considers Cryptocurrency Derivatives Ban Due to Market ‘Integrity Issues’

The U.K.’s finance regulator, the Financial Conduct Authority (FCA), may ban cryptocurrency derivatives such as futures as part of its “most comprehensive response” to the industry, according to a speech published Nov. 20.In a speech at “The Regulation of Cryptocurrencies” event in London Tuesday, FCA executive director of strategy and

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