Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives

The World Federation of Exchanges (WFE), a global trade association of publicly regulated exchanges, has urged the United Kingdom’s Financial Conduct Authority (FCA) not to restrict cryptocurrency derivatives for retail investors. The WFE made a statement on Oct. 7 in response to the financial regulator’s consultation paper on potentially banning on crypto derivatives such as Bitcoin (BTC) futures…

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota has partnered with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy…

UK Financial Regulator FCA Won’t Regulate Bitcoin and Ether

Britains’ financial regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets. On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto…