As opposed to the other companies from the market, the San Francisco-based company is one of the few advocates for cryptocurrency regulation. An industry which started with the idea of no government intervention finds itself stuck right now, as we can see from the cryptocurrency price performance for 2018. Ripple
Latest Regulation News at Crypto Frontline
As the cryptocurrency regulation becomes a hot topic across the globe, more countries are beginning to take steps further in terms of regulating digital assets. By doing this, the level of scam companies is expected to decrease and cryptocurrencies should not be used as a money laundering tool. As we’ve
We are beginning to see concrete regulation in play and the first country which shows big steps towards that is Australia. On April 3rd 2018, the country announced a series of new rules that will be in play for cryptocurrency exchanges. The main objective is to prevent money laundering and
Following two weeks of sustained selling, cryptocurrencies are beginning to show signs of recovery. This time what made investors buy the dip was a letter from the Financial Stability Board, a global agency that takes care of financial regulation for the G20 countries. In a letter that was sent on
According to a press release, the stock market regulator of France, Autorite des Merches Financiers (AMF) had added 15 cryptocurrencies and crypto-related websites to blacklist, as these specific websites are “proposing atypical investments without being authorized to do so”. The public authority invocated the law no. 2016-1691 which is fighting
In the last three months, there had been signs of central authorities intends to regulate the cryptocurrency industry. The SEC in the US seems to be the most vocal in terms of regulation. Also, there strong signs from the EU and Netherlands, as well. That communicates the path of regulation
Cryptocurrency regulation continues to be in the spotlight and for the last 24 hours, the price of cryptocurrencies had been heavily under pressure. On March 7th, Bitcoin dropped by approximately 8%, Ethereum by 5% and all other major coins had been under pressure following new information related to regulation. Last
Following signs of regulation from the EU, it is the Bank of England’s turn to show concerns related to the subject. In a speech that took place on Friday, March 2nd 2018, Mark Carney the chairman of the central bank showed his remarks on the issue of regulation. Regulation to
Signs of cryptocurrency regulation are beginning to show up in the European as well. High-ranking officials are beginning to suggest that there is a growing interest in that matter. This follows after the US also showed signs it wants to regulate cryptocurrencies. Also, not just cryptocurrencies are being eyed, but
The greatest fear cryptocurrency investors have in 2018 is related to regulation. Since the beginning of the year, all major cryptocurrencies had been down by more than 50 % from last year high and that shows the trust investors had is much lower, but also that the cryptocurrencies bubbles and
