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13 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
The Financial Stability Board (FSB), a global financial authority, has recommended to G20 nations a global stablecoin arrangement for assets like Facebook’s Libra, as announced on October 13. The FSB’s report sets out high level regulation and overs...
9 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
The Cyber-Digital Task Force of the United States Department of Justice (DOJ) on October 8 published a new document that goes over cryptocurrency applications, pitfalls and risks. It primarily concerns itself with preventing the use of cryptocurrenci...
8 Oct 2020 1 minute read 0 comments coinpass Global
As you may be aware, today the FCA (as predicted) is introducing compliance oversight of crypto assets within the United Kingdom, a move welcomed by coinpass.com and the market in general. Over the last two years, the FCA has made several policy cha...
8 Oct 2020 1 minute read 0 comments coinpass Global
The beginning of October 2020, has brought high activity for crypto. We've seen major events this week with the FCA announcing the ban on the sale of crypto-derivatives to retail consumers in the UK. One of the most popular payment protocols Ripple...
7 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
Ripple Executive Chairman Chris Larsen has offered a stern opinion of the regulatory environment in the United States, to the point where he said that it could push Ripple out of the country. Larsen made the comments during a virtual interview at the...
2 Oct 2020 2 minute read 0 comments coinpass Global
September has been the month of regulation in the crypto-verse - with activity happening all around the globe, it’s exciting to see the land of opportunities on the horizon for both blockchain and digital assets. Recent data shared by Cambridge Univ...
1 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
On September 30, a U.S. district judge for the Southern District of New York ruled that messaging app KIK’s $100 million token sale held in 2017 violated securities law. The judge said that the KIK token met all of the criteria of the Howey test, wh...
24 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan
New York-headquartered Gemini Exchange has received approval from the UK’s Financial Conduct Authority (FCA) to operate as an exchange and custodian, according to a press release published on September 23. The Electronic Money Institution (EMI) lice...
23 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan
The European Central Bank (ECB) issued a report on September 22 where it spoke, among other things, on stablecoins. It tentatively suggested that digital assets could be useful, but also notes that it poses risks to current systems. The report discu...
21 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan
Governor of Wyoming Mark Gordon has revealed via Twitter on September 17 that the US state had become the first to approve a banking charter for digital assets. Several Wyoming officials, including House Representatives, Senate Minority Leader Chri...
