regulation

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FCA Bans the Sale of Crypto-Derivatives to Retail Consumers

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...

The Latest News in Cryptocurrency Developments: October 7th 2020

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...

Ripple Growing Frustrated with US Regulation

7 Oct 2020 1 minute read 0 comments author_nan

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...

The Latest News in Cryptocurrency Developments: September 30th 2020

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...

US Judge Says That Kik's Token Sale Violated Securities Law

1 Oct 2020 1 minute read 0 comments author_nan

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...

Gemini Fully Expands Its Operations to the UK

24 Sep 2020 1 minute read 1 comment author_nan

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...

ECB: Stablecoins a Less Plausible Store of Value, Term Stablecoin is Misleading

23 Sep 2020 1 minute read 0 comments author_nan

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...

Wyoming Passes Banking Charter for Digital Assets

21 Sep 2020 1 minute read 0 comments author_nan

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...

Kraken is the First Crypto Exchange to be Approved as a Bank in the US

17 Sep 2020 1 minute read 1 comment author_nan

San Francisco based exchange Kraken has received approval from the Wyoming Banking Board to serve as a special purpose depository institution (SPDI), according to an announcement made on  September 16. The approval makes Kraken the first crypto exch...

Newsletter #126 | Celebrity Crypto Sanctions, Crypto Mom's Dissenting Opinion, NBA's Crypto Collectibles Bring in Serious Revenue, Bitcoin Gets Kissed and More...

17 Sep 2020 1 minute read 2 comments KHubbard

The SEC has recently issued a number of enforcement actions, many of which were lodged against ICOs that took place in 2017.  It was remarkable to see Security and Exchange Commissioner Hester M. Peirce make a public dissent againt Mark Cuban and As...