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China Urged to Regulate Cryptocurrency Over Growing Libra Concerns

The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first. дальше »

2020-1-28 17:10


$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report

Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »

2020-1-13 17:48


EU’s Securities Markets Regulator Puts Cryptocurrency Legal Framework Into Focus For 2020

For its 2020 resolution, the European Securities and Markets Authority (ESMA) wants to regulate cryptocurrencies and the products in the industry more. The organization has published its list of priorities for the 2020-2022 time period on Thursday, mentioning that capital markets in the EU are facing some new risks as a result of digitalization. It […] дальше »

2020-1-10 22:55


Turkish regulatory group to propose new crypto rules and regulation

Turkey’s financial regulator is ramping up efforts to develop a new framework that allows the federal government to oversee the use of cryptocurrencies throughout the nation. Turkey prepares to regulate cryptos The Capital Markets Board (CMB), Turkey’s financial regulatory and supervisory agency, is planning to develop guidelines to foster the adoption of blockchain technology. дальше »

2020-1-6 18:47


SEC Chairman highlights DLT, stablecoins, Libra before Senate Banking Committee

The United States' Securities and Exchange Commission [SEC] seems to be very active in the crypto-industry now, following its several attempts to regulate various parts of the industry. Recently, the The post SEC Chairman highlights DLT, stablecoins, Libra before Senate Banking Committee appeared first on AMBCrypto. дальше »

2019-12-11 10:00


China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday.  Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […] дальше »

2019-11-22 09:00


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Presidential Candidate Andrew Yang Discusses His Plan for Cryptocurrencies

Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American legislators are out of touch with innovative technologies. дальше »

2019-11-19 06:30


Hong Kong Introduces Licensing For Crypto Exchanges, OSL Claims To Be The First Crypto Exchange To Apply

Hong Kong has introduced new measures that seek to officially regulate the crypto exchanges operating within the city. The Securities and Futures Commission (SFC) in Hong Kong made public a draft regulatory regime on Nov 6, 2019, which will see the securities regulator grant operating licenses to crypto exchange firms, the Medium reports. Last year, […] дальше »

2019-11-7 22:21


EU Will Opt Against Issuing Stablecoins, Instead Choosing to Regulate Existing Stablecoins

Stablecoins are one of the most consistent assets of the cryptocurrency industry, and there have already been many countries and companies to come out with their own versions. While the idea of having an asset pegged to an asset is appealing to some, the European Union is notably setting themselves apart. While the EU isn’t […] дальше »

2019-11-7 02:52


People’s Bank of China (PBoC) Launches Digital Payment Certification of Fintech Products System

In what has been China’s week for blockchain, The People’s bank of China (PBoC), launched a new certification program to regulate digital currency payments in the country. The new laws will be set up and approved by the authority according to the official report released in a filing dated Oct. 26. The report states the […] дальше »

2019-10-30 01:31


Banque De France Governor: Crypto Assets Need a ‘Same’ Global Regulatory Framework

Denis Beau, the deputy governor of the French central bank, also known as Banque de France, has called out for a more global approach to regulation for crypto assets. According to him, there is a need for more consistency in deciding how to regulate the crypto world. Because of this, the only way to properly […] дальше »

2019-10-17 00:53