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Grayscale’s Crypto ‘Digital Large Cap Fund’ Gets Regulatory Approval

Scoring yet another ‘golden boot’ for the global crypto team, Grayscale Investments brings home the first ever publicly-quoted security which derives its value from cryptocurrencies.Indeed, the firm is living up to its reputation as the world’s largest digital asset manager. You will recall that the firm already has three Trusts

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2019 May Be the Year of Regulatory Response to Crypto: Ex-CFTC Chairman

Former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, who had parted ways with the regulator this summer, has stated that he expects 2019 to be the year when regulators may start considering some response to cryptocurrencies.Giancarlo voiced his opinion during an interview with industry news outlet The Block

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South Korea Is Hoping for Regulatory Clarity as Crypto Laws Toughen

South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, local politicians and regulators have started lobbying a new set

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Mastercard and Visa Reconsider Libra as Regulatory Criticism Intensifies

On Tuesday, the Wall Street Journal reported that MasterCard Inc. (NYSE:MA) and Visa Inc. (NYSE:V), among other financial partners, could be reconsidering their position in Facebook Inc.’s (NASDAQ:FB) cryptocurrency project Libra. Backers Not Ready for Criticism from Regulators The Journal report indicated that the financial backers of the cryptocurrency project are not ready

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PayPal Is Worried about Facebook Libra’s Future as Regulatory Pressure Increases

PayPal seems to be worried about the future of Facebook’s cryptocurrency Libra as the development of the forthcoming digital currency has several hurdles on its way before it goes live. PayPal is one of the partners of the Swiss nonprofit Libra Association, which looks after the stability of the stablecoin.Facebook

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