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Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges
regulation

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.

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
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Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
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Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
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Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.

What Would Happen if Ripple's XRP Token Was Classified as a Security Under US Crypto Regulations?
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What Would Happen if Ripple's XRP Token Was Classified as a Security Under US Crypto Regulations?

Amid Ripple XRP token’s recent price surge, whether the fintech firm will stay in the US despite the lack of crypto regulations still remains in question.

Five EU Member States Take Position Against Stablecoins
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Five EU Member States Take Position Against Stablecoins

Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region

Hong Kong Securities Regulator Aims to Tighten Digital Asset Regulations Later This Year
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Hong Kong Securities Regulator Aims to Tighten Digital Asset Regulations Later This Year

The CEO of the Hong Kong Securities and Futures Commission (SFC) recently stated that security tokens must be regulated by the regulatory authority.

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