Tag: regulation

SEC charges
January 23, 2018 BY Mariela Naydenova

The SEC is now chasing overnight blockchain "heroes"

The Chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, came with a statement that the SEC is now investigating companies that benefited from the crypto hype by becoming "blockchain" ones overnight. It wasn't long ago when certain US companies experienced a strong stock price increase by just adding the word "blockchain" to its…

Read more
January 15, 2018 BY Mariela Naydenova

South Korea now in two minds about cryptocurrency trading ban

After coming with a decision to ban cryptocurrency trading, South Korea may be now reconsidering its decision. The country's government just came out with a statement saying that the ban will be enforced once enough consultation and opinions are coordinated and taken into consideration. According to the South Korea's news agency YonhapSoutht the South Korea's…

Read more
November 16, 2017 BY Mariela Naydenova

Anguilla, a Caribbean nation, to become the first ICO's regulator

FXStreet just reported that an island in the Caribbeans, Anguilla, is to become the first regulatory body of ICOs. The government of the Caribbean nation is considering the Anguilla Token Offering Act, or AUTO, which would establish the world’s first registration process for new cryptocurrencyofferings. The Chief Minister of Anguilla, Victor Banks, commented on the idea: "We…

Read more
October 17, 2017 BY Mariela Naydenova

Brazil's Central Bank President denounces Bitcoin

ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…

Read more
July 18, 2016 BY Mike Fox

SGX to transfer Regulation unit to subsidiary company with separate Board

Singapore Exchange (SGX) announced today it will establish a separate subsidiary company (RegCo) to undertake all the front-line regulatory functions it currently performs. The move aims to further enhance the governance of SGX as a self-regulatory organisation (SRO) by making more explicit the segregation of its regulatory functions from its commercial and operating activities. RegCo…

Read more