After Facebook announced the Bitcoin rival it has been developing: Libra, regulators have expressed concerns over the new coin…
UK markets watchdog proposes retail ban on crypto derivatives
Britain’s markets watchdog has come forth and proposed a ban on the sale of derivatives based on
crypto-assets to retail consumers due to the prevalence of market abuses.
Crypto-assets as they are known include popular crypto currencies like Bitcoin, Ethereum, Litecoin and Monero as well as various utility tokens issued by companies and are tradeable on...
Unlock Looming – TRON’s $20 Million BuyBack Plan
The TRON Foundation has recently announced an ambitious $20 million TRX buyback, one of the biggest in the industry to date.
In a live stream
on Twitter, Justin Sun shared more info about the update:
“We will conduct by far the largest #TRX buy-back plan with the widest coverage in the secondary market, which will last for...
CFTC Approves LedgerX to Settle Futures in Real Bitcoin
The Commodity Futures Trading Commission (CFTC) has approved has allowedbitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts. In an announcement released on Tuesday, the CFTC disclosed that LedgerX requested that its order of registration is amended as aDCO. This will limit LedgerX to clearing swaps, to allow it to clear futures...
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...
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...
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...