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Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

Singapore Payment Services Act Now in Effect For Crypto Firms

Singapore Payment Services Act Now in Effect For Crypto Firms

The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat

China Clarifies its Stance on Bitcoin: Legal if the Crypto Does Not Act as Alternative to Fiat

China has not always been friendly towards cryptocurrencies, however, the country has not completely banned Bitcoin, according to the Beijing Arbitration Commission.

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

The US SEC is suing Ripple for selling its XRP token, meanwhile, Crypto Twitter has erupted with support and criticism of the less than decentralized crypto firm.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress

A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to US Congress for review.

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