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Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges

The Securities and Futures Commission, Hong Kong’s financial regulatory has set out new regulations for Bitcoin and cryptocurrency exchanges on Oct. 6. Announced by Ashley Alder, Chief Executive of the Hong Kong SFC made an announcement in his speech at the Hong Kong FinTech Week 2019. Following his speech, the SFC also published a new regulatory approach to “virtual asset trading platforms,” on its website.

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.

New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

New South Wales Treasury Proposes Flexible Regulatory Reform For Blockchain

Australia’s New South Wales is proposing a flexible regulatory reform to accommodate the thriving blockchain and cryptocurrency ecosystem

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.

Alibaba Founder Jack Ma Criticizes Current Financial Regulations

Alibaba Founder Jack Ma Criticizes Current Financial Regulations

Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.

Unclear Crypto Regulations in South Africa Alarm Entrepreneurs

Unclear Crypto Regulations in South Africa Alarm Entrepreneurs

Cryptocurrency regulation is still largely unclear in South Africa, creating a strenuous business environment for crypto entrepreneurs.

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

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