Entries by Regulated.io

Cryptocurrencies are Not Legal Tender in Malawi – But May Hold Potential in the Future

Citizens of the East African nation, Malawi, have recently been told by the Reserve Bank of Malawi that cryptocurrencies and digital assets are “not legal tender”, and should be approached with caution. According to regional news agency Nyasa Times, Dr. Dalitso Kabambe, Governor for the Reserve Bank of Malawi since 2017, made a statement on...

Bakkt Continue to Work Alongside CFTC to Launch Bitcoin Futures

The cryptocurrency community has been waiting with bated breath in recent months, for news concerning the highly anticipated launch of Bakkt, a cryptocurrency trading and storage platform with plans to offer Bitcoin futures, settled in Bitcoin itself. It is expected that the futures contracts, which will be institutional grade offerings, will generate a large...

EBA Pushes for Greater Research and Regulation of Cryptoassets at the EU Level

The European Banking Authority (EBA) indicated in January that they will be taking a closer look at pan-European regulation regarding cryptoassets and suggesting needed changes, which they proposed through their ‘Report With Advice for the European Commission on Cryptoassets (2019)’ document. The report focuses predominately on the applicability of existing EU wide laws and how they...

Switzerland’s National Council Seeks More Comprehensive Regulation of Cryptoassets

In what is shaping up to be a strong year for cryptocurrency regulation, Swiss Federal Council members are now seeking formal regulation for cryptoassets, through a series of proposals which would see existing regulation retrofitted and adapted to the emergence of blockchain technologies. This comes shortly prior to an address by the French Minister for Economy and Finance,...

France Urges Other EU Member States to Adopt Similar Regulation for Cryptocurrencies

French Minister of Economy and Finance, Mr. Bruno Le Maire, has recently expressed his wishes for other EU member states to adopt cryptocurrency and blockchain regulation, which is in line with France’s new approach to cryptoassets under their pending PACTE bill.   Le Maire recently stated in an address at the Blockchain Summit in Paris, the first event of...