The Canadian Securities Administration (CSA) is seeking out ways to gain more information about cryptocurrency as regulations become even more important to the implementation of the asset in their economy. In their efforts, the CSA has joined up with the Investment Industry Regulatory Organization of Canada (IIROC), releasing a consultation paper together on March 14th. The goal of the paper is to get more information from the industry to determine how crypto should best be regulated within the Canadian borders. The two national securities bodies stated that this information is crucial to adapting the financial laws to meet the needs of the new trading platforms that are arising in the name of crypto. The CSA presently covers 57 different areas, while the IIROC oversees trading platforms and investment dealers with self-regulation. The CSA chair, Louis Morisset, said that the consultation will make it possible to develop a framework with greater “clarity for platforms,” while improving
US Treasury Secretary Steven Mnuchin touched upon Bitcoin and Facebook’s Libra cryptocurrency in a Monday press conference, voicing concerns about the
The Canadian Securities Administrators (CSA) has even incorporated a section on DLT and cryptocurrencies in its business plan for 2019-2022.
The crypto industry reacted swiftly to Mnuchin’s remarks about crypto, and many analysts believe that it is a further validation of the nascent markets.
Uphold, a leading digital money platform, announced today the acquisition of Scytale, a digital agency based in Braga, Portugal. Uphold
Craig Wright may or may not be Satoshi Nakamoto but his appearance in court doesn’t bode well for the cryptographer.
“There are two big trends reflecting the size of this quarter’s buyback. The first is a rapidly strengthening market for digital assets and the other is the increasing popularity of our entire product line,” said Huobi Group CEO, Leon Li.
Treasury Secretary Steven Mnuchin held a press conference at the White House saying the U.S. will enforce stricter crypto regulation.
The Federal Trade Commission has agreed to hand out a $5 billion fine on Facebook regarding its handling of user privacy during the Cambridge Analytica data breach. The Justice Department is now expected to review and approve the settlement.
Facebook won’t be launching Libra without regulators’ blessings, and there is apparently no grand scheme for the social network giant-issued token to subvert global monetary policy, according to the testimony of David Marcus, head of Facebook’s blockchain efforts. In a written statement to the Senate Banking Committee, Marcus said he expects Libra will incur the …
As a temporary solution to Ethereum’s scaling issues, Vitalik Buterin has suggested using the Bitcoin Cash blockchain as a data layer where transaction verification takes place.
At press time, bitcoin is trading for just shy of $10,900, but it’s still going strong despite several negative comments from President Trump.
A crypto analyst known for applying the stock-to-flow ratio to Bitcoin has revealed a set of massive calls on where the price of BTC may be heading. Stock-to-flow is typically used to analyze precious metals, and calculates the current supply of a given commodity divided by the amount produced per year in order to predict …
A new easy mod for Sekiro may seem appealing for struggling players, but it’s a terrible idea that strips the game of what makes it great.
The UK is studying the properties of Libra in-depth to prevent the digital currency from damaging the economy. This is what Philip Hammond, Chancellor of the Exchequer of the United Kingdom, said in a recent interview with CNBC’s Squawk Box. Hammond explained that regulators must fully understand how Libra works to counter the risks associated […]
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