News 

German Bank Association: New Regulation for DLT-Based Securities May Be Necessary

“According to Bankenverband, corporate actions and securities trading may also be subject to change because of DLT-based securities” writes Adrian Zmudzinski for cointelegraph.com. The Association of German Private Banks (Bankenverband) foresees that a need for new regulation may arise from the emergence of distributed ledger technology (DLT)-based securities.Per the post, if securities are issued using new technologies, then there is a need for new safekeeping and settlements processes.As Cointelegraph recently reported, German regulators and lawmakers have thus far failed to create a workable legal framework that would provide legal certainty…

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News 

FDA proposes stricter compliance policy for e-cigarettes

“(Reuters) – The U.S. Food and Drug Administration (FDA) is proposing stricter compliance policy for e-cigarette products and prioritizing regulation aimed at curbing their sale to minors, it said in draft guidelines announced Wednesday” writes Midwest Communications Inc for 95kqds.com. The FDA had said in November it plans to restrict the sale of all other flavors, excluding tobacco, mint and menthol e-cigarettes, at traditional retail outlets such as convenience stores.”We’re hopeful manufacturers and retailers will begin taking voluntary steps to further curb youth access to and appeal of these products,”…

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Crypto News 

German Financial Regulator Issues Paper on Blockchain Securities Regulation

“The issuance of crypto tokens purportedly will not be subject to existing market regulations since crypto tokens do not represent securities, investment or other financial instruments according to the Securities Trading Act” writes Ana Alexandre for cointelegraph.com. The German Federal Ministry of Finance has published a key issues paper on the treatment and regulation of blockchain-based securities, according to a ministry announcement on March 8.However, initial coin offering (ICO) of crypto tokens is put up for discussion in the paper as investing in crypto tokens purportedly poses risks for investors.Recently,…

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News 

Elizabeth Warren’s plan to break up tech giants would force Amazon to roll back its acquisition of Whole Foods

“A new plan to target America’s largest tech companies would roll back Amazon’s 2017 acquisition of Whole Foods” writes Kate Taylor for businessinsider.com. In addition to Amazon’s acquisition of Whole Foods, Warren highlights Amazon’s acquisition of Zappos, Facebook’s acquisitions of WhatsApp and Instagram, and Google’s acquisitions of Waze, Next, and DoubleClick as “anti-competitive mergers.”. Read more: Elizabeth Warren says she wants to break up big tech companies including Amazon, Google, and Facebook The plan would force the rollback of Amazon’s acquisition of Whole Foods, along with some other massive tech…

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Crypto News Regulators 

Israel Securities Authority Publishes Final Recommendations on Crypto Regulation

“The Israel Securities Authority (ISA) has published its final report on cryptocurrency regulations, local financial newspaper Globes reports Thursday, March 7” writes Ana Berman for cointelegraph.com. The ISA recommends imposing disclosure requirements for crypto offerings that qualify as securities and states that such offerings should be controlled in a similar manner to crowdfunding.A special committee formed in 2017 to develop proper regulations for cryptocurrencies has presented its report to ISA chairperson Anat Guetta.Commenting on the recommendations, Guetta said that they were designed both to develop the crypto sector and protect…

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News 

FDA and USDA to share regulation of lab-grown meat

“The traditional meat industry has vocally opposed letting synthetic foods use the term “meat,” saying it should be reserved for food that has been slaughtered” reports washingtonexaminer.com. Two government agencies will team up to regulate the emerging market of lab-grown meat, the Trump administration announced Thursday.FDA Commissioner Scott Gottlieb, who is leaving his post in a month, uses the term “cell-cultured foods” to describe the products.The USDA will then take it from there to oversee how the food is produced and how it is labeled. Source: washingtonexaminer.com

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Back from the dead: Democrats push to restore ‘net neutrality’

“Democrats, sidelined in the minority until this year, have been eager to restore net neutrality regulations, which they believe are needed to ensure Internet providers treat consumers fairly” reports washingtonexaminer.com. Senate Democrats last year attempted to overturn the FCC reversal of net neutrality regulations through the use of the Congressional Review Act. Source: washingtonexaminer.com

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Crypto News 

Russia to Introduce Special Crypto Regulations for ‘Russian Offshores’

“In the meantime, Russian Minister of Justice Alexander Konovalov reportedly claimed that it is too early to formalize crypto-related legislation” writes Ana Alexandre for cointelegraph.com. The instructions require the legislation to include a regulatory framework for digital financial assets, as well as attract greater financial resources based on digital technologies.The new set of measures in respect to the development of “Russian offshores” will affect digital assets, major Russian news agency TASS reported on Mar. 1. Both the constitution and current financial system legislation in Russia “categorically prohibit” using cryptocurrencies as a…

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Crypto News 

Russian President Putin Orders Government to Adopt Crypto Regulation by July 2019

“Recently, Russian financial outlet Rambler reported that the Russian State Duma plans to review and adopt new cryptocurrency regulations in March” writes Helen Partz for cointelegraph.com. As such, Russia’s crypto regulation bill was sent back to the first reading stage in December 2018.The President has required the Council of the Federation of Russia and the lower house the Federal Assembly of Russia (Russian State Duma) to adopt the regulation during the spring session of 2019.Specifically, the document requires the adoption of federal legislation that aims to develop the digital economy,…

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Crypto Markets News Stocks 

Nivaura, which aims to use blockchains to automate the lifecycle for the issuance of financial instruments, raises $20M led by the London Stock Exchange

“Capital markets blockchain startup Nivaura has raised a total of $20 million with the closing of its second seed extension round led by the London Stock Exchange Group (LSEG)” reports coindesk.com. The work Nivaura has publicized so far with tokenized securities has all been done on public blockchains, first the bitcoin blockchain and then later using ethereum.Currently, the business that’s generating revenue for Nivaura is its workflow management and automation platform for primary capital markets, couched in traditional market infrastructure, noted Sehra.Figuring out how tokenized securities can be traded in Europe…

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