ТrueDigital Plans to Launch CFTC-Regulated Crypto Derivatives Exchange

New York-based financial technology firm trueDigital Holdings LLC is aiming to acquire the registrations of trueEX LLC in a bid to launch a fully-regulated crypto derivatives exchange, according to a press release published on July 12. Per the release, trueDigital has concluded an agreement in principle to acquire the Designated Contract Market (DCM) and Swaps Execution Facility registrations of United…

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Russian Prime Minister: If Bitcoin Popularity Falls, Blockchain Crypto Regulations No Longer Important

While most countries in the world are taking a step forward in the regulation of cryptocurrencies, Russia seems to want to take a step back, considering that these assets are losing popularity. The Russian Prime Minister, Dmitry Medvedev, said that for the government of the country the regulation of cryptocurrencies was no longer a priority, since these assets had lost…

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Japan’s Crypto Association issues ICO regulation recommendations

Japan’s Cryptocurrency Business Association (JCBA), a membership organization that has the ear of Japanese lawmakers, has released its recommendations for new ICO regulations. Meanwhile, e-commerce giant Rakuten continues to build out its crypto offering, and Japanese crypto legislation gets a makeover. With the aim of achieving the sound development of the cryptocurrency business, JCBA launched…

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Swiss Federal Assembly Approves Instructions on Cryptocurrency Regulation

The legislative body of the Swiss government, the Federal Assembly, has approved a motion to instruct the Federal Council to adapt existing legislation for cryptocurrency regulation. Coitelegraph auf Deutsch reported on the development on March 20. The motion introduced by Liberal assemblyman Giovanni Merlini intends to instruct the Federal Council to adapt existing provisions on procedural instruments of judicial and administrative authorities,…

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