Declining volatility in crypto markets has allowed startups, investors, and industry leaders to slow down, and postulate about the future of this nascent industry, catalyzing a series of positive developments. For one, in the past week, certain crypto-centric entities were awarded wheelbarrows of regulatory traction, with leading governmental agencies from Japan and the U.S. expressing…
The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. India is Two Weeks Away from Ending Policy Confusion over Crypto As Supreme Court Demands Clarification The Reserve…
Aijt Pai, U.S. FCC Chair, has said it’s a challenge to level the playing field between emerging technologies, including blockchain, and not disadvantage any of them. US Telecoms Regulator Studies How to Evolve Blockchain The chair of the Federal Communications Commission (FCC) – the government agency in charge of regulating radio, television, wire, satellite, and…
The Indian Supreme Court on Thursday asked the Government to share its view on cryptocurrency within two weeks. The court is addressing the multitude of petitions filed by digital currency operators against the central bank’s anti-crypto circular. India is Two Weeks Away from Ending Policy Confusion over Crypto As Supreme Court Demands Clarification The Reserve…
When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized database. However, as time elapsed, the cryptocurrency…
U.K.-based startup SETL was granted a license from the Autorité des Marchés Financiers, the French financial watchdog, to run a blockchain-powered central securities depository (CSD). Blockchain Settlement Startup Promises to Help Cut Collateral Held up in Payment Systems As one of Europe’s biggest securities settlement systems, France will be at the forefront of “market plumbing” processes, where…
Law enforcement officers in India have arrested Unocoin’s co-founder for operating a Bitcoin ATM kiosk, which the police called illegal. More arrests are likely, according to the police. Law Enforcement in India Expects to Make Further Arrests After Jailing Unocoin Co-Founder The co-founder of India’s first bitcoin ATM kiosk was arrested yesterday, the Times of…
While a majority of crypto-related news is sculpted for public consumption, in juxtaposition to the transparency that public blockchains provide, recently-released documents from the U.S. Securities and Exchange Commission (SEC) indicate that a paramount closed-door meeting recently occurred. VanEck: Our Bitcoin ETF Issues Have Been Resolved Two weeks ago, stowed far away from the prying…
In spite of Jeremy Allaire’s cries for the G20 to manage the crypto industry with global action, the startups backing this nascent industry have continued to rapidly gain regulatory traction in New York State, arguably the world’s foremost financial market. New York Regulator Awards Coinbase With Custodian License When it comes to financial capitals of…
The government of Albania has stated that it will be considering the creation of cryptocurrency regulations. The eastern European nation hopes to encourage innovation, investment and, in turn, create jobs relating to the transformative financial technology by providing a welcoming base of operations for startups. Albania Hoping to Lure Investors and Startups with Crypto Regulation…