Cryptocurrency Analysis and News Portal
The seemingly crypto-friendly proposal is aimed, in part, at helping the U.K. government’s goal of turning the country into a global crypto hub, the commission said in a statement. The commission's proposals, however, would not apply in Scotland or Northern Ireland, which have their own legal systems. Source
Read More
In the consultation paper, which invites views from legal and tech experts, the commission steers clear of cryptocurrencies that function simply as means of payment. Instead, it focuses on digital assets that can be traded, used to represent other assets or used as stores of value. Source
Read MoreThe Information Commissioner’s Office (ICO) and the South Korean Personal Information Protection Commission (PIPC) have a strong relationship which recognises their shared common mission to uphold people’s information rights, while supporting digital innovation and economic development. In recognition of
Read More
Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset trading platform. The agreement includes several measures to be taken by Bybit as it engages in registration talks with the
Read More
Unlike Bybit, KuCoin is accused of being uncooperative with the OSC’s investigation. As a result, the Seychelles-based exchange has been permanently banned from participating in Ontario’s capital markets. The OSC also hit the exchange with a C$2 million ($1.5 million) fine, as well as nearly C$100,000 ($77,000) in investigation-related costs. Source
Read More
After the proposition of the Lummis/Gillibrand new crypto bill seeking to transfer much of crypto regulation to the CFTC, the chairman of CFTC, Ross Benham, has said that his agency is set to move further into the cryptocurrency regulatory space. Ross said one of the goals of CFTC would be
Read More
The Securities and Futures Commission (SFC) of Hong Kong, the financial regulator responsible for overseeing Hong Kong’s securities market, has issued an advisory warning to investors. The notice is about risks associated with purchasing and trading unregulated non-fungible tokens (NFTs). The advisory points out that NFTs do not have any
Read More
The tough approach could see rivals to fiat currency outlawed in the bloc. Original Source
Read More
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages. Original Source
Read More
On Monday, March 14, the European Blockchain Observatory announced a call for tenders to contract a consortium, the mission of which would be to facilitate and operate a pan-European regulatory sandbox for distributed ledger technologies, or DLT, and blockchain, in particular. A major task for the future consortium will be to
Read More