ASIC claims a crypto yield-bearing product from Finder’s registered exchange was unlicensed; the firm disagrees but has declined to say if it will fight the suit.
Surprise twist as BlockFi receives Money Services License in Iowa
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.
Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
France’s Financial Watchdog Proposes ‘Voluntary’ Regulatory Framework for Crypto Firms
In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements.
German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro
“The issuance of a currency does not belong in the hands of a private company,” according to Germany’s finance minister.
Former Thai Finance Minister Calls for Crypto Regulation
A former Thai official is calling for brining proper regulation on all cryptocurrencies and initial coin offerings in the country.
Japan’s Finance Watchdog Eyeing ICO Regulation, Says Report
Japan’s financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.