The World Federation of Exchanges asked the UK’s Financial Conduct Authority not to ban the sale of crypto derivatives to retail investors.
Traditional Financial Exchanges Oppose UK Crypto Derivatives Ban for Retail Investors
Bank of England Sets Out Rules for Libra Launch in the UK
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.
German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra
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.”
UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019
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.
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
European Competition Watchdog Fears Libra’s ‘Closed Economy’
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.
Former NiceHash CTO Arrested in Germany Over US Hacking Charges
The U.S. Department of Justice is seeking to extradite the alleged hacker over a sentence he’s already served in Slovenia.
UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack
More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off.
Facebook-Led Libra Could Be Boon to UN, Says Crypto Project’s Chief
The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.
Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud
The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.
Germany Passes National Policy to Explore Blockchain But Limit Stablecoins
Germany’s cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook’s Libra.
Global Central Banks to Question Facebook-Led Libra Over Financial Risks
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
CME’s Bitcoin Index Provider Wins First Crypto Benchmark License in EU
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: Report
The French finance minister has said the nation plans to block Facebook’s Libra cryptocurrency in the EU over its threat to “monetary sovereignty.”
Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
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
The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.
Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook’s Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra
The central bank board member has warned of the threat posed by Facebook’s Libra to monetary policy and consumers in the EU.
Facebook Libra Already Facing an EU Antitrust Probe: Report
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.