The Swiss Financial Market Supervisory Authority (FINMA) has today announced enforcement proceedings against crypto mining firm Envion. The regulators German-Swiss mining hardware firm stand accused of breaking Swiss banking laws.
The Bank of England (BoE) has been criticized in a UK Treasury Committee during a hearing on Digital Currencies on July 4. Three senior government and The Bank of England (BoE) has been criticized in a UK Treasury Committee during a recent hearing on Digital Currencies..
In spite of a very unstable situation on the crypto market, the world’s largest virtual currency exchange expects $1 billion of profit this year.
The Dutch Flow Traders is expanding its trading products to exchange-traded notes (ETNs) based on Bitcoin and Ethereum.
Thanks to amendments that the government plans to make to the Banking Act, Bermuda is to become a new destination for fintech innovation.
Thailand’s Association of Securities Companies (ASCO) are considering creating a joint cryptocurrency exchange. The group of securities companies are Several Thai securities firms from a group called ASCO are planning to apply for a license to launch their own cryptocurrency exchange..
South Korea’s Financial Services Commission has revealed its new anti-money-laundering and know-your-customer rules for for crypto exchanges.
Bitcoin is predicted to reach new heights until the end of 2018 given the emergence of cryptocurrency ETFs and the growth of institutional investment.
It is said that in the nearest future regulated crypto custody services will be introduced across the crypto industry and bring significant changes.
Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app.