Regulation

The French Ministry of National Education amended its syllabus to incorporate cryptocurrencies and bitcoin. Students will learn about the functions of bitcoin. While this will be covered as a supplementary topic, it might help spark the interest of students. The European Union (EU) appears to have a neutral stance on bitcoin and cryptocurrencies. The region’s parliament has no specific legislation on cryptocurrencies. In addition, digital assets are considered legal among member...

Premier blockchain conference BlockShow Asia, the DeFi developer framework Equilibrium, and the EOS-based decentralized stablecoin EOSDT will host the inaugural edition of its Crypto DeFiance event in Singapore on November 16.Crypto DeFiance will unite blockchain pioneers, dApp developers, cryptocurrency traders, and the global community of crypto enthusiasts for a day of keynote presentations, panel discussions, and wide-ranging exploration of decentralized finance topics. Attendees will...

Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund could purchase and sell Bitcoin, and addressing insurance requirements for the fund’s bitcoin held in wallets.3iQ has taken reasonable steps to mitigate the risks associated with the fund...

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...

6000+ to attend Europe’s premier event for blockchain, AI, and emerging tech.Malta AI & Blockchain Summit will be Europe’s largest event for the blockchain, AI, and emerging tech sectors, it was today confirmed by events company SiGMA Group – the team behind the forward-looking business technology expo. More than 6000 are expected to attend the show, taking place on 7th and 8th November at the Intercontinental Hotel in St Julian’s, Malta.Many delegates will likely be attending the...

During the testing times for messaging giant Telegram, the investors of Gram tokens have decided to stand behind the company. As per the earlier plan, Telegram was all set to launch its Telegram Open Network (TON) Blockchain along with its native cryptocurrency.Telegram announced that soon after the launch, its investors who participated in Gram token sale year can sell them in open markets. However, in the last-minute restraining order, the U.S. SEC decided not to allow Telegram its Gram...

One of the world’s largest banks, the government-controlled State Bank of India, does not mind the heavy regulation of crypto in the country. This is according to the bank’s chairman Rajnish Kumar. According to The Economic Times, Kumar has stated that regulation is necessary for cryptocurrencies to prevent their unlawful use: “Let’s see. Because there’s a dark side of the internet also. There can be misuse of the digital currencies. That is why regulation is must.” Bans, jail...

Ever since Facebook officially announced its plans to float a digital currency and then released the Libra whitepaper, there have been very polar reactions to the idea, which continue to this day. The United States Congress right from the start has made it clear that they are not excited about the idea and would prefer it doesn’t continue. We have already reported that as part of the process of seeking regulatory support, Facebook CEO Mark Zuckerberg has been obliged to support his position...

In an effort to ensure that Facebook’s Libra cryptocurrency breaks down regulatory walls and launches on time or at least not too far from the earlier planned launch date, the social media giant is willing to make some compromises.In a testimony recently submitted to the House Financial Service Committee, Facebook CEO Mark Zuckerberg has confirmed to U.S. lawmakers that Facebook itself will not handle Libra, suggesting that the Libra Association which is the body tasked with the role of...

In what seems to be a continuing series of woes for Telegram and its TON blockchain, the United States District Court for the Southern District of New York has decided to postpone the hearing that will determine if the Grams token is a security or not to the 18th and 19th of February 2020.Though the company was doing its best to make its token publicly available, the United States Securities and Exchange Commission (SEC) made a couple of moves by dragging the messaging app to court on...