Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Sector Conduct Authority (FSCA) of South Africa has made an announcement, stating that all cryptocurrency exchanges operating within the country must obtain licenses by the end of the year. Already around 20 license applications have
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The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance with its financial promotions regime by October 2023.In letters dated July 4, the FCA said starting on Oct. 8, companies operating in the U.K. will have
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Asset managers operating SMAs typically use cutting-edge tools, analytics platforms, and trading technologies to perform their daily job functions more efficiently and accurately. These resources, in turn, provide advisors with comprehensive market data, advanced risk management tools, and efficient execution capabilities. Leveraging such tools leads to better decision-making, improved portfolio
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Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said. Source
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Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange Commission.On June 29, Commissioner Hester Peirce — dubbed “Crypto Mom” — appeared remotely at Australian Blockchain Week and was asked how she
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Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing, the regulator petitioned the Eighth Judicial District Court of Nevada for a temporary restraining order and an
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Dubai and its sibling hub Abu Dhabi were rated tops in the regulatory structure, the most heavily weighted criterion at 35% of the total score. But the impact was blunted by the UAE’s bottom-quintile crypto adoption score, indicating that the larger population of the UAE is not as crypto-savvy as
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Mizuho Bank said that it will use the AI tool in the bank’s brokerage unit. The Japanese banking giant will conduct an “ideathon” next month and brainstorm various ways to experiment with the technology. On Tuesday, June 27, Japan’s third-largest banking institution Mizuho declared that it will allow all of
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The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services. In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not members of the European Economic Area,” the exchange was
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FAs and RIAs know that responsibility well, and even though you can manage digital assets directly with the right tools, you don’t want to completely squash this new-found independence (and it’s unlikely that anyone could). As investors learned last year, the new freedom of completely limitless, do-it-yourself mobile trading apps
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