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Europe takes a proactive approach on regulation of Blockchain Technology
Europe takes a proactive approach on regulation of Blockchain Technology

New Regulation on STOs, Hong Kong Embracing Regulation
Hong Kong SFC Statement on Security Token Offerings


Japan FSA Seeks Regulation on Cold Wallet!
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.


European Securities and Markets Authority Prioritizes Crypto-Related Regulation
The European Securities and Markets Authority (ESMA) announced its key priorities list for 2020-2022. In its published document “Strategic Orientation for 2020-22,” the ESMA reflected its focus on supervisory convergence and its role in building the Capital Markets Union.

The Financial Stability Board Urged for Proactive Crypto Regulation!
The Swiss financial watchdog - Financial Stability Board (FSB) urged regulators to act proactively to foresee the potential impact of cryptocurrency on financial stability. As the technology in cryptocurrency sector is fast-changing, this can lead to deficiencies in policy making on digital assets. The FSB said in a report for central bank governors and G20 finance ministers.

Bittrex Leverages Chainalysis KYT Tool to Enhance Security and Regulation Compliance
Cryptocurrency exchange Bittrex will use Chainalysis Know Your Transaction (KYT) to meet new and existing regulatory and compliance standards, and establish a safer, more secure platform for their users.

India Proposed a 10-Year Jail Term for Crypto Dealings
India proposed a 10-year jail term to citizens for crypto dealings, as revealed by BloombergQuint on 6 June. This proposed regulation applies to citizens who buy, sell, mine, deal cryptocurrencies directly or indirectly in India.

FinCEN: DApps for Money Transmission are Subject to BSA
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.

US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy
United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.

eToroX: Leveraging Deep Liquidity and Stablecoins for Institutional Traders
Doron Rosenblum is the Managing Director of eToroX. We were fortunate to meet up with him at the Blockshow Asia 2019, where he discussed the advanced crypto functionalities of eToroX, liquidity, and regulation.

US SEC Approved the First-Ever Token Offering In History
The United States Securities and Exchange Commission (SEC) approved the first token offering to blockchain-based startup Blockstack under the SEC Regulation A+, as revealed in the company’s announcement. Blockstack will start its SEC-approved token sale of USD 28 mn today.

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints
Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates
In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.

What Happened: US Committee Hearing with the SEC on Crypto and Libra
The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.

Traversing Through the Crypto Regulatory Landscape in 2019
Blockchain and crypto regulation has seen its ups and downs in 2019, with endless regulators evolving along with the realm of the new technology development and use cases. From countries that view blockchain as a threat to learning to embrace the technology; let’s have a look at some of the major regulatory changes in 2019.

Part 2: State of Hong Kong Blockchain Regulation (Government Press Release)
Part 2 of state of Hong Kong Blockchain regulation

Crypto assets are now available in French Insurance Products!
Crypto assets are now available in French Insurance Products!

Cryptocurrencies Should be Given Room to Grow, Asserts IMF Chief
Christine Lagarde, the IMF Chief has asked financial players, such as central banks, to be open-minded when it comes to innovations, such as cryptocurrencies, as they should be given space to grow.

New Zealand Permits Cryptocurrency Remunerations
New Zealand sets the precedent by being one of the first nations to permit salaries to be made in the form of cryptocurrencies.

Gemini's Winklevoss Twins Willing to Dive into Facebook's Libra Project
Winklevoss twins, the Gemini Founders have made a revelation about a possible partnership with Facebook on the Libra Project.

Articles of the Month - August 2019
We are proud to present the “Articles of the Month” Awards of August 2019 to 3 unique articles!

Part 1: State of Hong Kong Blockchain Regulation (Government Press Release)
State of Hong Kong Blockchain Regulation revealed following a question by the Hon Charles Mok and a written reply by the Secretary for Innovation and Technology, Mr Nicholas W Yang, in the Legislative Council 29 May

The ECB Expresses Concerns on Regulating Stablecoins
Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.