Germany to allow banks to sell and store crypto assets
Germany has passed a new law that will enable banks to sell and store bitcoin and other crypto assets in 2020. The bold move will cement Germany’s position as one of the most crypto-friendly jurisdictions in the world.
Crypto assets to be classified as property in the UK
The Jurisdiction Taskforce of the Lawtech Delivery Panel in the United Kingdom has published new guidance designed to minimize the legal ambiguity and uncertainty surrounding digital assets.
Lawyers weigh in on Block.one settlement
While the blockchain industry comes to terms with the settlement between Block.one and the SEC, crypto lawyers are explaining the implications for token projects.
CipherTrace report highlights new regulations, Libra, and exchange hacks
A new report by CipherTrace provides insight into the state of the global crypto asset markets. The ‘Q2 2019 Cryptocurrency Anti-Money Laundering Report’ says a growing global regulatory response and the entry of Facebook’s Libra were significant events last quarter.
UK’s Financial Conduct Authority will not regulate Bitcoin and Ethereum
The UK’s financial regulator, the Financial Conduct Authority says it will not regulate Bitcoin or Ethereum - viewing them as ‘decentralized tokens used as a means of exchange’ and therefore outside its regulatory scope.
Blockchain company BUIDL launches anti-money laundering tool
Japanese blockchain company BUIDL has launched SHIEDL, an anti-money laundering (AML) and counter financing of terrorism (CFT) tool for cryptocurrency exchanges.
Crypto lawyers weigh in on new FATF guidance
Representatives from 36 of the world's most influential jurisdictions met last week under the Financial Action Task Force (FATF) banner to consider guidelines that could shape how governments around the world regulate the use of cryptocurrency.
Cryptoassets Taskforce: final report
This report provides an overview of cryptoassets and the underlying technology, assesses the associated risks and potential benefits, and sets out the path forward with respect to regulation in the UK.
After exchange hacks, Japan’s FSA tables new regulatory options
The theft of US$63m in crypto from the Zaif exchange has seen Japan’s Financial Services Agency rethinking its exchange management regulations
Regulating cryptocurrencies: assessing market reactions
The BIS study suggests that cryptocurrency markets rely on regulated financial institutions to operate, bringing cryptocurrencies within reach of national regulation.
Word on the Street: Waves from Chinese exchange crackdown yet to be felt
After outlawing all the cryptocurrency-related companies in the country, the Chinese government is closing the last avenue citizens had to getting their hands on digital assets, blocking overseas exchanges.
How EU money laundering laws will impact crypto investors
Members of the European Parliament have cast their votes overwhelmingly in favor of a new directive that introduces stricter countermeasures against money laundering across Europe — a move that will have consequences for crypto investors
Can blockchain solutions succeed without legislative support?
Blockchain technology has the potential to positively disrupt a wide array of sectors and industries. However, inaction or ignorance by lawmakers may have far greater potential to derail these initiatives than many care to admit
Word on the Street: Law firm confirms Tether’s assets
A comparatively quiet week in crypto where markets are still taking stock from the highs of the SEC clarifications and low of the Bithumb exchange hack that quickly succeeded it.
Another day, another exchange hack
The recent hack of Bithumb, the 6th largest cryptographic asset exchange, continues the worrying trend of hackers finding ways around the security of these platforms, and siphoning funds stored in exchange hot wallets.
FSHO declined exchange registration by Japanese regulator
Troubled exchange FSHO has failed in its bid for legitimacy as Japanese regulator toughens up on non-performers
