Crypto Long & Short: A U.K. Ban on Crypto Derivatives Will Hurt, Not Protect Investors

This week the U.K.’s Financial Conduct Authority (FCA), which regulates the country’s financial services, issued a ban on the sale of crypto derivatives and ETNs to retail investors.  While this may not seem particularly material to crypto asset markets overall – U.K. retail investors weren’t that much into crypto derivatives anyway, and the market hardly […]

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Crypto Now Officially Seen as Financial Instruments in Germany

Germany’s financial regulator has released guidelines classifying crypto as financial instruments. This move further expands the definition of financial instruments to include all kinds of digital assets with the previous paradigm only covering security tokens. BaFin Clarifies Crypto Classification in Germany In a press release issued on Monday (March 2, 2020), the German Federal Financial […]

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Malaysia Bans ICOs, Issues Regulations For IEOs Instead

Financial regulators in Malaysia have published guidelines for crypto initial exchange offerings (IEOs). As part of the move, initial coin offerings (ICOs) by individual token issuers are no longer permitted in the country. The Stage is Set for Regulated Crypto IEOs According to Fintech Malaysia, the country’s Securities Commission (SC) published a set of guidelines […]

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France To Block Libra But FINMA Eager For Regulation

Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project. Libra Shall Not Pass London-based City A.M. has released a report purportedly from AFP that regulators in […]

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Int’l Finance Watchdog Appoints Japanese Cryptocurrency Regulator

The Financial Stability Board (FSB) has appointed Ryozo Himino, Japan’s top cryptocurrency regulator, as the new head of its Standing Committee on Supervisory and Regulatory Cooperation. FSA Cryptocurrency Regulator Joins FSB In a press statement issued on Monday (September 2, 2019), the international financial system watchdog announced Himino’s appointment. According to the press statement, the […]

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Cryptocurrency Space Needs Room To Grow: SEC Commissioner

Speaking on the topic of cryptocurrency regulation, U.S. Securities and Exchange (SEC) Commissioner Hester Peirce says the crypto space requires some leeway for innovation. SEC Shouldn’t Stifle Cryptocurrency Innovation Speaking during the Bakkt Digital Asset Conference, ‘crypto mom,’ as Peirce is affectionately dubbed within the industry called on regulators to allow room for digital innovation. […]

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