Markets News 

Swiss Financial Regulators Publish “Pretty Reasonable” ICO Guidelines

“FINMA, the Swiss Financial Market Supervisory Authority, yesterday published guidelines explaining to organisers and investors how existing financial legislation would be applied to initial coin offerings” reports newsbtc.com. Amidst the guidance, the Swiss regulators state that each ICO will be judged independently.They admit that “financial market law and regulation are not applicable to all ICOs”. Source: newsbtc.com Share This:

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Crypto News 

Munich Security Conference: U.S. Govt. Nowhere Close to Regulating Bitcoin

“Speaking at the Munich Security Conference, the White House cybersecurity coordinator has stated that the U.S. government is nowhere close to regulating Bitcoin” reports newsbtc.com. Business and policy leaders are divided over the future of cryptocurrencies and associated technology. Further, governments are more uncertain still over what “regulation” would actually look like — from more subtle restrictions to an all-out ban.Speaking with CNBC, Rob Joyce, special assistant to the President and White House cybersecurity coordinator, said there’s a long way to go before the U.S. government starts regulating Bitcoin and…

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Crypto News 

US Treasury Official Asks Global Regulators to…

“More countries need to put cryptocurrency regulations in place to protect the financial system and national security” writes Rebecca Campbell for livebitcoinnews.com. Giving a speech before the Securities Industry and Financial Markets Association Anti-Money Laundering and Financial Crimes Conference, Sigal Mandelker said that criminals are trying to find innovative ways around their controls to exploit the financial system.Whereas, Singapore’s Deputy Prime Minister Tharman Shanmugaratnam, has expressed the view that there is ‘no strong case to ban cryptocurrency trading‘ as they don’t pose a risk to the country’s financial system.Yet, while she has called for…

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News 

The US is finally taking action on fintech regulation

“All seven regulators are members of the Conference of State Bank Supervisors (CSBS), an association of state banking regulators” writes Maria Terekhova for businessinsider.com. However, to maximize the impact of the project for fintechs, its initiators should now focus on getting all 50 state regulators on board.Sarah Kocianski, senior research analyst for BI Intelligence, Business Insider’s premium research service, has compiled a detailed report on U.S. fintech regulation that: Interested in getting the full report?.  Source: businessinsider.com Share This:

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FEC commissioner who blocked regulation of Drudge, Internet, steps down

“During his nearly five years, he revised FEC regulations to conform them to the Citizens United and McCutcheon court decisions, efforts that were stalled when he joined the agency” writes Paul Bedard for washingtonexaminer.com. Lee E. Goodman, who led a battle to stop Democrats from imposing political regulations on the Internet and news sites like the Drudge Report and other media, is stepping down from the Federal Election Commission. Source: washingtonexaminer.com Share This:

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Crypto News 

Taiwan may Introduce Bitcoin Regulation in the…

“There is no such thing as financial stability by default, as all markets, assets, and currencies are always volatile” writes Jp Buntinx for livebitcoinnews.com. With all prices dropping quickly, however, financial stability is not easy to maintain.Whether or not Bitcoin has any impact on the nation’s financial stability, remains unknown.Taiwan is one of the countries where Bitcoin and altcoins can make a big impact.Maintaining financial stability in the country is always a pressing problem. Source: livebitcoinnews.com Share This:

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News 

New York leads states in lawsuit against Trump administration for delaying ‘Waters of the US’ rule

“New York Attorney General Eric Schneiderman on Tuesday led a multi-state lawsuit against the Trump administration in federal court for delaying the Obama-era Waters of the United States rule” writes Josh Siegel for washingtonexaminer.com. Pruitt’s action postpones the regulation until 2020, as the EPA goes about a process of writing its own version. Source: washingtonexaminer.com Share This:

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Crypto News 

Israel Becoming “Crypto Powerhouse,” But ICO Regulation Uncertainty Could Hinder Growth

“This booming popularity of cryptocurrencies has created an alternative funding method for technology companies in the industry: Initial coin offerings, or ICOs” reports newsbtc.com. More and more startups are using ICOs to raise money, permitting them to bypass gatekeepers like venture capital funds and banks.As one might imagine, many ICOs are seen potentially risky investment opportunities, and this worries regulation authorities worldwide. Source: newsbtc.com Share This:

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