Search Results for "crypto regulatory framework"
SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation
Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.
Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors
Ripple has been expanding its network and recently, the blockchain firm has made yet another move to bring its company growth to another level.
New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets
The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market
European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks
The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.
Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges
The Securities and Futures Commission, Hong Kong’s financial regulatory has set out new regulations for Bitcoin and cryptocurrency exchanges on Oct. 6. Announced by Ashley Alder, Chief Executive of the Hong Kong SFC made an announcement in his speech at the Hong Kong FinTech Week 2019. Following his speech, the SFC also published a new regulatory approach to “virtual asset trading platforms,” on its website.
Why Hong Kong is Still Not Ready to Become Asia's Leader in Crypto and Blockchain
During a live webinar, as part of the UK FinTech Week, Clara Chiu, the Head of Fintech Unit & Director of Licensing at the SFC explicitly stated that Hong Kong does not have the mandate to create a large regulatory regime for cryptocurrencies or to attract more investors or players in the crypto field. Rather than promoting the crypto sector, Hong Kong is rather focused on protecting investors and promoting new regulations for the same reason. Is focusing on licensing enough for the city?
Stellar Lumens: FinCEN Regulatory Proposal May Have “Far-Reaching Consequences for Blockchain and Crypto”
Much like many in the blockchain and cryptocurrency industry, Stellar Lumens has taken up FinCEN on its request for comment for its proposed crypto rule.
Crypto Clarity for Ripple's XRP not only Missing in the US but also in India
Ripple faces regulatory hurdles for XRP in the United States, but that may not be the only place where XRP operations are not welcome.
Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism
G. Kishan Reddy, India’s Union Minister of State (MoS) for Home Affairs disclosed that the nation would incorporate the standards of the Paris-based Financial Action Task Force (FATF) to deter terrorism by cutting off funding sources, especially cryptocurrencies.
Hawaii Pushes Out New Digital Currency Regulatory Sandbox to Boost Crypto Growth
The government of Hawaii has recently announced its establishment of a regulatory sandbox for digital currency companies. The partnership between the Department of Commerce and Consumer Affairs, Division of Financial Institutions (DFI) and Hawaii Technology Development Corporation (HTDC) will see the launch of Hawaii’s first pilot program aimed for digital currencies.
The ECB Expresses Concerns on Regulating Stablecoins
Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.