Malaysias Securities Commission (SC) has issued an advisory warning to the public cautioning them against any new initial coin offering (ICO) or digital assets exchange (DAX). Pending the release of the new guidelines with...
Venezuelan President Nicolas Maduro has ordered Banco de Venezuela, the nations biggest bank, to open desk for Petro (PTC), the famous oil-backed cryptocurrency in the country, according to a tweet posted by its local...
The UK Financial Conduct Authority (FCA) recently proposed a ban on the sale of crypto-derivatives in a bid to protect investors from sudden losses resulting from extreme volatility in the prices of cryptoassets. In a...
Russia is not planning on creating any special regulations separate from the ones that it is now thinking of introducing to cover the crypto industry, as a whole. As things stand, it will still not be possible to purchase...
U.S. policymakers are calling on Facebook to pause the development of its Libra cryptocurrency project in a new open letter addressed to the social media giants executives. It appears that these products may lend...
Social networking site Facebook is reportedly eyeing to obtain a cryptocurrency business license to use its recently unveiled cryptocurrency Libra in New York, according to Reuters. Crypto companies that plan to operate...
The governments of the Group of Twenty (G20) countries have officially lent support for the guidelines on cryptocurrency regulations detailed by the Financial Action Task Force (FATF). We reaffirm our commitment to...
Following the conclusion of the V20 summit, a group of national trade associations representing the local Virtual Asset Service Providers (VASPs) is planning to create an organization that will provide a global unified...
Iranian authorities have seized around 1,000 bitcoin mining machines from two abandoned factories, following a spike in electricity consumption, according to RadioFreeEurope. As per the report, the month of June has...
The alarm caused by Facebook upon the announcement of Libra has been widely reported and it has caught the attention of the Federal Cartel Office of Germany. The mistrust that regulators have with the biggest social media...
The Monetary Authority of Singapore (MAS), the countrys central bank, has reportedly held talks with Facebook about its newly unveiled cryptocurrency project, Libra, according to Bloomberg. As per the report, MAS...
The practice of tokenization of digital assets has been around for some time and Seychelles MERJ Exchange Ltd. may be the first company to bring it to the mainstream, regulated market. The firm just revealed that it plans...
In a recent announcement, the U.S. Securities and Exchange Commission (SEC) is finally scheduling a public discussion of a possible exchange-traded fund (ETF) using bitcoin. This has been something that many traders and...
Crypto enthusiasts might remember the scandal that was the Mt. Gox incident in 2014, where over $400 million worth of bitcoins were stolen. Since then, the founder of the crypto exchange, Jed McCaleb has had to contend...
A recent announcement revealed that the South Korean Financial Services Commission (FSC) has given its approval for a blockchain-based ID system to be implemented in banking. Called my-ID by ICONLOOP, it is a method for...