The German financial regulator, The Federal Financial Supervisory Authority (BaFIN), has claimed that although they are aware of…
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,...