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“The time for registering under the French regime … will soon come to an end,” Juvigny told a Fintech event in Paris hosted by the AMF and France's central bank. “I invite stakeholders to look, as of now, for the level of obligations which will soon be compulsory under MiCA.” Original
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A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said if elected, his government will create
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As Venezuelans have struggled to survive the pandemic during times of dictatorship, the crypto company Circle collaborated last year with the countries’ opposition to financially aid healthcare workers who were abandoned to a broken-down system with almost no proper medical equipment and a discouraging $15 a month salary. Today $1 equals
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Specifically, a16z’s consumer protections proposal, filed in response to a call from U.S. Sen. Pat Toomey (R-Pa.) of the Senate Banking Committee, recommended creating a simple disclosure-based supervision regime under the Consumer Financial Protection Act. DAOs, meanwhile, are to be given similar legal rights to that of a standard incorporated
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Gary Gensler, chairman of the United States Securities and Exchange Commission, is reportedly keen on bright-line regulations for the country’s crypto space.Gensler expressed the SEC’s desire to install safeguards for crypto investors in the U.S. in a Bloomberg interview, stating, “If somebody wants to speculate, that’s their choice, but we
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Cryptocurrency companies in the United Kingdom could face temporary registration limits to continue their services.According to the statement, this regulation applies to crypto businesses in the UK that applied for the registration before December 16 this year, and are still pending. “This is to enable those existing businesses to continue
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Information Commissioner, Elizabeth Denham said: “We welcome the publication of the Digital Markets Taskforce Advice and we have been pleased to support the
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The Iranian government faces a crisis of legitimacy as the coronavirus outbreak exposes the weaknesses of its authoritarian rule. Iranian authorities may be underreporting the extent of the outbreak and suppressing dissidents. Covid-19 is literally killing government officials and could do more to lead to regime change than the
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North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Exploitation of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly
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