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.
Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
Regulation of the cryptocurrency industry is a divisive issue, with some being in full support while others view it as going against Satoshi Nakamoto’s vision of a self-regulating industry. Those who support regulation see it as the…
Another mutual fund giant is gearing up to make its way into the crypto space marking the change in institutional opinion on the digital asset revolution.
Dong He, deputy director of the IMF’s Monetary and Capital Markets Department, published an article where he suggested that crypto assets may reduce demand for central bank money and proposed central banks create their own digitized assets..
Chinese authorities continue to standardize the blockchain sector, aiming to form National Blockchain Standardization Committee by the end of 2018.
The financial regulator of the U.K. is investigating 24 cryptocurrency-related firms. The FCA responded to a Freedom of Information request in which they also noted that seven whistleblower reports have been opened in 2018..
Russia’s State Duma Committee on State Construction supports the first reading of a regulatory proposition on the fundamental rules for the digital economy in the country’s Civil Code. At the same time, a leading Russian bank issues the first commercial bonds carried out via Blockchain-based technology..