Abu Dhabi Global Market (ADGM), an international financial free zone within the United Arab Emirates, says it has successfully completed the trial of a blockchain-based know-your-customer (KYC) application. ADGM…
Tag: financial
Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement – CoinDesk
A senior U.S. official has called on the crypto industry and the wide global financial sphere to take steps to prevent malicious actors from using the tech for illicit…
Swiss Regulator’s ‘Relaxed’ Fintech License Covers Blockchain Firms – CoinDesk
Switzerland’s Financial Market Supervisory Authority (FINMA) has introduced a new fintech license with “relaxed” requirements that is applicable to blockchain and cryptocurrency-based firms. The regulator announced Monday that the new…
Japan’s FSA Set to Regulate ICOs Next Month – Bitcoinist.com
Japan’s Financial Services Agency (FSA) is reportedly set to introduce a regulatory framework governing initial coin offerings (ICOs). FSA to Limit Participation Capabilities Citing sources familiar to the matter,…
G20 Summit: We Will Regulate Cryptocurrencies ‘In Line with FATF Standards’ – Bitcoinist.com
G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina. ‘We…
Blockchain Smart Contracts Subject to Financial Laws, Says CFTC Primer – CoinDesk
One of the top U.S. financial regulators, the Commodity Futures Trading Commission (CFTC), has released its second guide to understanding smart contracts, with a reminder that the technology is…
UK: FCA Investigations Into Crypto Businesses Have Doubled Since May
FCA (Financial Conduct Authority), UK’s Financial watchdog, has doubled the number of investigations into cryptocurrency companies to 50 since May 2018. FCA Increasingly Looking at Crypto Firms According to…
Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct – CoinDesk
A group of 10 companies focused on cryptocurrencies and financial services have formed a new group aimed at standardizing a code of conduct for the still-nascent digital asset space….
Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’ – CoinDesk
Having left one of the world’s largest financial institutions to build an ethereum startup, Amber Baldet appreciates both the needs of enterprises and the potential of open, decentralized blockchains….
Gibraltar Stock Exchange Wins License for Blockchain Subsidiary – CoinDesk
The blockchain subsidiary of the Gibraltar Stock Exchange now has official approval from the island’s financial regulator. The Gibraltar Blockchain Exchange (GBX) announced Thursday that the Gibraltar Financial Services…