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UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

The UK’s FCA has just announced a “temporary registration regime” which allows crypto firms who have previously applied to continue operating until July 2021.

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Brad Smith has criticized financial technology firms attempting to issue currencies, stating that governments are still best suited to play this role.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

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.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

Nasdaq-listed MicroStrategy Inc has made another move to shore up its Bitcoin portfolio by purchasing an additional 2574 BTC for $50million.

US SEC Releases List of Suspicious Crypto Firms Targeting International Investors

US SEC Releases List of Suspicious Crypto Firms Targeting International Investors

The US SEC has issued a list of fake crypto firms that majorly target non-US investors. The regulator has warned investors to beware of “red flag” signs of potential crypto fraud.

JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia

JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia

JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms

The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.

FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws

FinCEN Director Warns Crypto Firms Are Not Above Anti-Money Laundering Laws

Speaking at the University of Georgetown, Kenneth Blanco, FinCEN (The United States Financial Crimes Enforcement Network) Director, blasted the crypto firm by informing them that they are not exempted from the anti-money laundering laws.

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