The World Federation of Exchanges asked the UK’s Financial Conduct Authority not to ban the sale of crypto derivatives to retail investors.
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.
Speaking on a possible e-euro, minister Olaf Scholz said Germany “should not leave the field to China, Russia, the U.S. or any private providers.”
The number of investigations into cryptocurrency firms by the U.K.’s Financial Conduct Authority have reportedly seen a sharp rise in the last year.
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.
The U.S. Department of Justice is seeking to extradite the alleged hacker over a sentence he’s already served in Slovenia.
More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off.
The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.
The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.
Germany’s cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook’s Libra.
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.
The French finance minister has said the nation plans to block Facebook’s Libra cryptocurrency in the EU over its threat to “monetary sovereignty.”
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.
The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.
Facebook’s Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
The central bank board member has warned of the threat posed by Facebook’s Libra to monetary policy and consumers in the EU.
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.