Malta Financial Regulator Warns Against Unauthorized Crypto Firms

Malta’s financial regulator has issued warnings against COINMALEX and Crypto Foxtrades, two websites that falsely claimed they were licensed by the Maltese authority......»»

Category: forexSource: coindeskMar 26th, 2020

Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns

Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions......»»

Category: forexSource: coindeskNov 7th, 2019

Japan Eyes Regulation of Unregistered Crypto Investment Schemes

Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies......»»

Category: forexSource: coindeskJan 8th, 2019

Coinhouse Wins First Crypto License From French Regulator

Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients......»»

Category: forexSource: coindeskApr 6th, 2020

Chinese Financial Watchdog Warns of Manipulative Crypto Exchanges

A Chinese financial watchdog warned investors of rising risks in crypto investments as the global stock market continues to fluctuate......»»

Category: forexSource: coindeskApr 2nd, 2020

New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans

NYDFS is asking all crypto firms operating in New York to prepare detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak......»»

Category: forexSource: coindeskMar 13th, 2020

UK Financial Regulator: Watch Out for Coronavirus Crypto Scams

The United Kingdom’s Financial Conduct Authority is asking investors to watch out for coronavirus-related crypto scams......»»

Category: forexSource: coindeskMar 12th, 2020

UK Finance Watchdog Warns Against ‘Unauthorized’ Crypto Exchange BitMEX

The Financial Conduct Authority said BitMEX had been targeting U.K. consumers without approval......»»

Category: forexSource: coindeskMar 5th, 2020

US Commerce Dept. Wants to Survey Firms on Cross-Border Crypto Usage

The Bureau of Economic Analysis plans to ask financial institutions whether they conducted any crypto trades with foreigners in 2019......»»

Category: forexSource: coindeskFeb 25th, 2020

Binance Is Not Under Our Jurisdiction, Says Malta Regulator

The Malta Financial Services Authority has denied reports that Binance has ever fallen under local jurisdiction......»»

Category: forexSource: coindeskFeb 21st, 2020

US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin

U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity......»»

Category: forexSource: coindeskFeb 12th, 2020

Digital Banking Startup Targets UK License to Serve Crypto Firms

DAG Global says it's had no "red flags" raised in discussions with British financial regulators......»»

Category: forexSource: coindeskFeb 10th, 2020

What It Takes to Get a Crypto-Friendly Bank Charter in Wyoming

An SPDI charter offered in Wyoming lets U.S. firms offer banking and custody services under a regulator that’s not the FDIC, but the application and capital requirements are as rigorous as launching a de novo state-chartered bank......»»

Category: forexSource: coindeskJan 15th, 2020

WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto

WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar......»»

Category: forexSource: coindeskJan 14th, 2020

Japan’s Financial Watchdog to Set Low Leverage Cap for Crypto Margin Traders: Report

Japan's top financial regulator reportedly plans to reduce the risk to crypto margin traders by cutting the maximum allowed leverage......»»

Category: forexSource: coindeskJan 13th, 2020

Crypto Custodians Grapple With Germany’s New Rules

While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law......»»

Category: forexSource: coindeskDec 26th, 2019

New York Regulator Details Changes to Contentious BitLicense

The New York Department of Financial Services has outlined a new approach to approving what coins crypto exchanges can list in the Empire State......»»

Category: forexSource: coindeskDec 11th, 2019

What a Schwab-TD Ameritrade Merger Would Mean for Crypto

A takeover of TD Ameritrade by Charles Schwab would marry one of the few mainstream financial firms to embrace crypto with one whose stance is less clear......»»

Category: forexSource: coindeskNov 22nd, 2019

PayPal Joins $4.2M Round for Crypto Banking Compliance Startup

Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk......»»

Category: forexSource: coindeskNov 19th, 2019

Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms

Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital......»»

Category: forexSource: coindeskOct 31st, 2019

New York’s Financial Regulator Is Reviewing the Controversial BitLicense

The New York Department of Financial Services (NYDFS) is revisiting how it licenses crypto startups......»»

Category: forexSource: coindeskOct 22nd, 2019