Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3.
The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act.
Should the FSA start regulating exchanges under the FEIA, crypto will be treated as a financial product.
The FIEA will also open up the possibility of introducing crypto derivatives like exchange traded funds (ETF).
The self-regulatory exchange body aims to better align with existing anti-money laundering (AML) regulations, and will also prohibit the trading of anonymity-based cryptocurrencies like Monero and Zcash.
The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
One of the planet’s most respected financial market analysts has spoken about a possible entry point for investors wishing to get exposure to Bitcoin, along with his thoughts about the future of the most successful digital asset to date.
Blockstream, a leading developer of blockchain and financial cryptography solutions, announced Monday that the build 0. 6 of c-lightning, a lightning network implementation in the C programming language, is now ready for deployment.
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions.
When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability.
David Solomon, Chief Operating Officer of Goldman Sachs (one of the most successful financial firms in the world), announced on Wednesday that the bank is considering expanding its involvement in crypto trading to incorporate more types of investment.
Recently, the situation that the financial markets are in has been looking desolate however, despite this state of affairs in the financial markets, Chinese investors don’t seem to pessimistic considering the current status.
The United Kingdom’s Department of Education has announced that it has no immediate plans to include cryptocurrency as a topic in the UK school curriculum. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? mohamed_hassan / Pixabay The Department of Education’s announcement is timely considering the ongoing […]
Considering its status as a financial powerhouse and the home of the European Central Bank, Germany don’t often hit cryptocurrency headlines. Today however (I’m not sure if its just in the spirit of the world cup though) we are seeing reports from Germany that discuss some promising statements from the President of the Federal Financial Supervisory Authority (BaFin), Felix Hufeld.
The cryptocurrency market has been bullish over the past few hours, with Bitcoin briefly reclaiming the $91k level. Ether is also trading above $3k, while XRP has reclaimed the $2. 2 resistance level.
Grayscale, the leading crypto asset manager, on Wednesday filed a Form S-3 registration statement with the US Securities and Exchange Commission (SEC) to convert its Grayscale Zcash Trust into a spot exchange-traded fund (ETF).
Zcash price is gearing for another move upwards, with traders watching liquidity shifts ahead of its return to OKX. At the time of writing, Zcash was trading at $536, down 3.2% in the last day after fluctuating between $531 and…
Zcash price has rallied over 1,500% this year as privacy-focused cryptocurrencies gained increased attention from investors. Now, it is close to confirming an inverse head and shoulders pattern that could trigger a breakout in the upcoming trading sessions. According to…
BitMEX co-founder Arthur Hayes transferred $2.5 million worth of Ethereum and ecosystem tokens to institutional market makers including Flowdesk, FalconX, and Wintermute. Blockchain analyst EmberCN reported the moves and questioned whether Hayes is selling assets to add to his Zcash…
Zashi Wallet will launch shielded ZEC purchases powered by NEAR Intents next week, allowing fully private swaps as Zcash rallies 16.55% while other cryptos crash.
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