Europe takes a proactive approach on regulation of Blockchain Technology
Part 2 HK regulation
Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards
Dubbed as “Crypto Mom”, the Commissioner of U.S. Securities and Exchange Commission (SEC) Hester M. Pierce expressed her concern over the hinderance of SEC may have on the cryptocurrency industry. Pierce spoke at the Securities Enforcement Forum, East Palo Alto, California in 9 May.
Hong Kong SFC Statement on Security Token Offerings
Bitfinex is being accused of misappropriating $850 million worth of clients’ assets collected through USDT. Unlike banks, which would typically cooperate with the government after being charged, the company fought back. Moreover, it released the most definite statement possible and described the US ...
The Washington State Senate introduced a bill that “recognizes the validity of distributed ledger technology”, which will amend the “purpose and construction” and “definitions” under the “Washington Electronic Authentication Act”.
Decentralized Applications (DApps) now are subject to regulation that related to money transmission according to the new guidance released by the United States Financial Crimes Enforcement Network (FinCEN) on May 9.
The Autorité des marchés financiers (AMF) issued an announcement on April 9 to warn the operations of KUVERA LLC/KUVERA France. The company provides training courses and software solutions to promote “highly speculative” trading products among young adolescents, which includes trading cryptocurrenci...
According to Reuter’s report on 17 April, Japan’s Financial Services Agency (FSA) planned to introduce a new rule for cold wallets storing cryptocurrencies in crypto exchanges.
Blockchain community open to more regulations to make technology more mainstream
Under the falling ICO market in 2018, security token offerings (STO) are considered as the future of ICO. However, it is notable that projects tend to fundraise via initial exchange offerings (IEO) instead in 2019. Garrett Jin, CEO of BitForex, shares to us why most crypto exchanges pursue IEO over ...
As held in Hong Kong Mar 13-14, Token 2049 gathered crypto leaders and financial professionals to discuss the role of blockchain towards global financial inclusion. During the session “The Push Towards A Billion Crypto Users”, Bill Barhydt, CEO of Abra, highlighted the needs and importance of the un...
In Part 2 of our interview, Natalia shared with us how governments can drive blockchain adoption in real estates! From the successful example of Vermont, we also learn from Natalia on the key challenges for blockchain to go viral in the United States!
United States H.B. 2144, known as the "Token Taxonomy Act of 2019," proposes changes regarding tax and securities regulations. Such changes include: amendments to the definition of a security, creation of a tax exemption for exchanges of one virtual currency for another, and creation of a de minimis...
Blockchain a Top % Strategy for 73% Chinese Firms, Says Deloitte
Crypto assets are now available in French Insurance Products!