REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges
Blockchain analytics firm, Chainalysis, announced yesterday that it has secured a $100 million Series C financing bringing the company’s valuation to over $1 billion.
Jack Ma Pays Price: 2.1 Trillion Yuan Ant IPO for 21 Minutes Speech
Analysis of what happened to Ant Group after Jack Ma's speech on financial regulation, and the secrets of the Ant Group business.
China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism
President Xi Jinping made the decision to stop the world’s largest-ever IPO after Ant Group’s Jack Ma spoke out against China's financial regulation and banking system.
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE
The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.
South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.
China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism
Ant Group founder Jack Ma and the firm’s top executives met with PBoC and three financial regulators as China published new draft rules for online micro-lending.
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.
The Cayman Islands Creates Regulatory Framework to Attract Virtual Asset Business
The Ministry of Financial Services of the Cayman Islands announced that it is building regulatory frameworks for individuals and entities that offer digital assets in business.
Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.
US SEC Executive Who said Ethereum is Not a Security to Leave the Agency
The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.
Alibaba Founder Jack Ma Criticizes Current Financial Regulations
Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.
Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate
The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.
Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home
Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.