Regulation

BIS Paper Makes Case for ‘Embedded’ Regulation in Blockchain Markets

| Daniel Palmer

An economist at the Bank for International Settlements has come out in favor of building regulation into blockchain-based financial markets.

Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’

| Daniel Palmer

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

| Daniel Palmer

The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.

Central Banks to Question Facebook-Led Libra Over Financial Risks

| Daniel Palmer

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

US Sanctions Three Alleged Crypto Hacking Groups From North Korea

| Richard Meyer

The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.

Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability

| Daniel Palmer

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

CME’s Bitcoin Index Provider Wins First EU Crypto Benchmark License

| Nikhilesh De

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

France Says It Will Block Facebook Libra in Europe

| Daniel Palmer

The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.

Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

| Daniel Palmer

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

| Daniel Palmer

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.