This article was originally posted on Trustnodes – a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial content. For more check the link below. Japan has become the first country to approve a self-regulatory organization to oversee crypto exchanges. “It’s a very fast moving industry. It’s better
Regulation The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US
The U.K.’s oldest cryptocurrency exchange has become the first company to be licensed by Gibraltar’s progressive blockchain legislation. The rules are a first for Europe and highlight the British Overseas Territory’s commitment to exploring technological innovations. Gibraltar Focusing on “Quality Not Quantity,” Coinfloor Proves Itself Worthy According to a report in the Financial Times, Coinfloor
Regulation Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also
This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. Blockchain developers should engage with legislators and regulators, an Oxford Business Law Blog contributor wrote To read more from Cointelegraph follow this link.