Entries by Regulated.io

France creates G7 cryptocurrency task force following launch of Facebook’s Libra

France’s central bank governor, Francois Villeroy de Galhau, announced plans for the creation of a task force dedicated to cryptocurrencies. The task force, representing the G7 countries, will be lead by European Central Bank board member Benoit Coeure. The purpose of the G7 task force is to study how central banks ensure cryptocurrencies like Facebook's recently launched Libra...

Japan’s Line Close to Obtaining FSA License for Japanese Crypto Exchange

VC Corporation, the digital asset and blockchain-focused arm of Japanese messaging giant Line, is close to obtaining a crypto exchange operating license from Japan’s financial regulator. Cointelegraph Japan first reported the news on June 20. Japan’s Financial Services Agency (FSA) could issue the company with an exchange license as early as this month according to the report....

Live Streaming Startup YouNow Files SEC Filing for Compliant Token Earning for App Users

Live streaming startup YouNow, which is behind the decentralized digital video ecosystem Props launched in 2017 and is backed by Union Square Ventures, filed a public offering with the United States Securities and Exchange Commission (SEC) for its Props token. This move comes after an increased regulatory control over Initial Token Offerings, resulting in...

Brazil with New Regulations Requirements for Crypto Exchanges to Report on User Transactions

Brazil’s federal revenue agency has released new rules for crypto trading platforms. Under the new guidelines, crypto exchanges are required to report on all crypto transactions carried out within their system. The new rules were released by the Department of Federal Revenue of Brazil (RFB) and will affect the way cryptocurrency exchanges inform the regulator about users’ transactions in order to...