Home Regulation

Regulation

hsbc-blockchain-2

HSBC continues to embrace blockchain: bank reports $250bn in FX trades using blockchain technology

HSBC bank has settled $250 billion worth of forex trades using blockchain technology in 2018, Reuters reports. Banking sector remains quite hesitant to embrace blockchain technology within the industry, however the recent...
Winklevoss Twins Make Waves with Controversial Marketing Blitz for Gemini Bitcoin Exchange

Winklevoss Twins Make Waves with Controversial Marketing Blitz for Gemini Bitcoin Exchange

The Winklevoss Twins have been making waves over the past few days with a marketing blitz for the pair’s Gemini cryptocurrency exchange. Utilizing taglines including “Crypto Needs Rules” and “Crypto Without...
general-assembly-blockchain-2019

The Connecticut General Assembly to address blockchain at legislative session

In the upcoming 2019 legislative session, The Connecticut General Assembly will discuss how the state can help develop the workforce needed to successfully adapt blockchain technology to many diverse sectors, according...
New-York-State-lawmaker-announces-formation-of-cryptocurrency-task-force--2_o

New York State lawmaker announces formation of cryptocurrency task force

Clyde Vanel, a New York State assemblyman and owner of TrademarkReady.com announces through a Facebook post that the state will soon be the first U.S. state to have a cryptocurrency task...
UK-financial-regulator-is-investigating-more-than-a-dozen-companies-doing-crypto-transactions--2

UK financial regulator is investigating more than a dozen companies doing crypto transactions

The Financial Conduct Authority, UK’s financial regulator is investigating 18 companies who are involved in cryptocurrency transactions, the Financial Times reports. The probe is being conducted due to the growing concerns...
uk-respond-bitcoin-2

Bitcoin and other cryptocurrencies could face new regulations in the UK

The UK Government and  UK financial regulatory body - the FCA (Financial Conduct Authority) have released their responses to Treasury Committee’s Crypto-assets report, published earlier this year. Government ResponseThe joint HM...

Bitcoin price climbs back amidst warning from SEC

After falling to as low as $3,600 last week, Bitcoin surprisingly climbed back to the $4,000 mark. The rise happened despite the warning of the U.S. Securities and Exchange Commission that...
Outgoing-SFC-chairman-Carlson-Tong_o

Cryptocurrency Regulations To Be Introduced by Hong Kong Security Watchdog Chairman

The Chairman of the Hong Kong SFC (Securities and Futures Commission) Carlson Tong Ka-Shing has confirmed that his agency is about to introduce a new set of regulations, governing the trading...
Cryptocurrency-Trading-Platform-Bitfinex-Rubbishes-Rumors-of-Insolvency

Cryptocurrency Trading Platform Bitfinex Rubbishes Rumors of Insolvency

Bitfinex, the major cryptocurrency exchange platform based in Hong Kong, has hit back at media claims that it has become insolvent, pointing to its public wallet balances as proof. In a...