Government

CBOE Recommends That The SEC Allows Bitcoin Exchange-Traded-Funds

3 months ago admin2 Comments Off on CBOE Recommends That The SEC Allows Bitcoin Exchange-Traded-Funds
The exchange operator of CBOE Global Markets wrote a letter to the US Securities and Exchange Commission (SEC), recommending they not interfere in the development of a Bitcoin exchange-traded-fund (ETF) because they are similar to other commodity-based ETFs, March 23. ETFs are a type of exchange-traded-product (ETP). An ETF is a marketable security that tracks Read More

Tennessee Passes Bill Recognizing Blockchain, Smart Contracts For Electronic Transactions

3 months ago admin2 Comments Off on Tennessee Passes Bill Recognizing Blockchain, Smart Contracts For Electronic Transactions
The governor of Tennessee signed a bill recognizing the legal authority to use Blockchain technology and smart contracts for electronic transactions on March 22, according to legislative tracking site Legiscan. A summary of the bill reads that it “recognizes the legal authority of blockchain technology and smart contracts in conducting electronic transactions.” The bill also Read More

WSJ: SEC To Examine Up To 100 Crypto-Related Hedge Funds

3 months ago admin2 Comments Off on WSJ: SEC To Examine Up To 100 Crypto-Related Hedge Funds
The US Securities and Exchange Commission (SEC) is preparing to examine up to 100 hedge funds that deal with cryptocurrencies, a person familiar with the matter told WSJ March 22. The initiative is separate from the dozens of cryptocurrency probes, which mainly target companies the SEC suspects of running afoul of securities laws via Initial Read More

Russia: State Duma Considers Law ‘On Digital Financial Assets’, Echoes US Regulations

3 months ago admin2 Comments Off on Russia: State Duma Considers Law ‘On Digital Financial Assets’, Echoes US Regulations
A group of Russian deputies headed by Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, submitted a draft of federal law on cryptocurrencies and Initial Coin Offerings (ICO) regulations to the State Duma, as reported in an official press release March 20. According to the press release, the documents “On Digital Financial Read More

French Financial Regulator To Introduce Framework Legitimizing ICOs In Policy U-Turn

3 months ago admin2 Comments Off on French Financial Regulator To Introduce Framework Legitimizing ICOs In Policy U-Turn
French financial markets regulator AMF (l’Autorité des marchés financiers) is reportedly preparing to introduce legislation on Initial Coin Offerings (ICO) to encourage the development of the new type of fundraising in the country, reports local news outlet Les Echos March 15. The French Ministry for the Economy and Finance confirmed that the regulatory framework proposed Read More

US Congress Includes Crypto In Its Joint Economic Report For The First Time

3 months ago admin2 Comments Off on US Congress Includes Crypto In Its Joint Economic Report For The First Time
For the first time the US Congress has dedicated an entire section to cryptocurrencies and Blockchain technology in its annual Joint Economic Report, published March 13. The 2018 Joint Economic Report contains analysis and recommendations for the coming year and dedicates an entire chapter to providing insight into the impact of cryptocurrencies and Blockchain on Read More

French Regulatory Agency Blacklists 15 Cryptocurrency And Crypto-Asset Websites

3 months ago admin2 Comments Off on French Regulatory Agency Blacklists 15 Cryptocurrency And Crypto-Asset Websites
The French stock market regulator, The Autorite des Marches Financiers (AMF), announced in a press release that they have added 15 cryptocurrency and crypto-asset investment websites to a blacklist on March 15. According to the press release, the companies listed ran afoul of the “Sapin II Law”, stating that: “The investment proposals highlighting the possibility Read More

Chat App Giant Telegram Bans Sanctioned Individuals, Territories From ICO – Report

3 months ago admin2 Comments Off on Chat App Giant Telegram Bans Sanctioned Individuals, Territories From ICO – Report
Persons on international sanctions lists, their relatives, and those from sanctioned territories are among those barred from Telegram’s closed token sale rounds, local Russian business journal RBC reports today, March 15. According to RBC, which claims to have a copy of the contract allegedly issued by Telegram to participants of its private presale, any person Read More

China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment

3 months ago admin2 Comments Off on China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment
Governor of the People’s Bank of China (PBoC), Zhou Xiaochuan, said in a press conference that authorities are not rushing to issue a national digital currency and still do not recognize Bitcoin as a legitimate payment method, reports China Daily on March 9. Zhou expressed the PBoC’s position frankly: “We do not currently recognize Bitcoin Read More

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

3 months ago admin2 Comments Off on McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector
North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified an attempt by the hacking group Hidden Cobra to breach the security of Turkish government-backed financial institutions on March 2 and 3. While McAfee policy is Read More