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The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects are clearly excluded.Sandboxes are used by regulators around the world, including the Financial

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SEC Chairman Flags Crypto as Continued Regulatory Focus in Latest Speech

The head of United States regulator the Securities and Exchange Commission (SEC) reiterated its focus on the cryptocurrency space in a new speech on April 8.Speaking at the SEC Speaks conference in Washington, chairman Jay Clayton highlighted the digital currency space while giving a broad overview of the organization’s

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Indian Crypto Exchange Coindelta Shutters Services, Citing Adverse Regulatory Conditions

Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was announced in an official blog post on March 30.Eighteen months after its first launch, Coindelta has told users that severe restrictions on banking services for

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Regulatory Bodies Call on Crypto Industry to Participate in Securities Law Review

Two national securities bodies in Canada have issued a joint consultation paper on March 14, aiming to gather industry feedback about cryptocurrency token regulation.In a summary press release about the paper, the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) said it was necessary to

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Marshall Islands Digital Currency Needs Work to Satisfy US Regulatory Concerns

The Marshall Islands’ government upcoming digital currency, which will be launched in partnership with Israeli startup Neema, still needs work in order to placate United States financial regulators. English-language Israeli media The Times of Israel reported on the currency’s progress on March 9.While the release of the coin, dubbed

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European Regulatory Chair Supports New Digital Asset Regulations

The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported on Feb. 27.Delivering his speech at the FinTech Conference 2019 earlier this week in Brussels, Belgium,

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