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
Word on the Street: Action-packed week ends with Fidelity high
A cascade of institutional interest this week that ended with news that trillion dollar fund manager Fidelity Investments is looking for developers to create a crypto exchange
Japan shines as Coinbase and first bank-backed exchanges to open
One of the most advancing and embracing countries of cryptocurrencies, Japan displays the best and worst in the industry and may offer a glimpse into future trends.
Word on the street: A big week for institutional interest in crypto
It's been a big week for institutional interest in crypto, bitcoin in particular. There has been a build-up of talk around Wall Street firms for months showing cursory interest in blockchain technology, but recently this interest is becoming explicit and the managerial announcements more specific.
ICO market deflates in April
When Bitcoin took flight in late 2017, the ICO movement was also gathering momentum — momentum that continued to run hot early in 2018 but now shows signs of cooling
