During a recent press conference, the U.S. Treasury Secretary Steven Mnuchin voiced the Trump administration’s concerns with Facebook Libra and Bitcoin.
Federal Reserve Chair Jerome Powell believes that a number of regulatory issues should be resolved regarding the upcoming Facebook stablecoin Libra.
In India, Facebook Libra coin is not welcome and Asia’s third-largest economy is not keen on allowing the crypto in the country.
Benoit Coeure the Executive Board member of European Central Bank is urging regulators to create a viable regulatory framework for cryptocurrencies.
Due to the non-reliable basis for valuation for crypto assets the British financial authority, FCA proposed banning retail consumer crypto derivatives. Will FCA ban retail consumer crypto derivative?
The British Financial Conduct Authority announced it will not apply restrictions to CFD-like option providers authorized in the other EEA Member States other than a UK branch or a tied agent. At the same time, France’s financial regulator AMF decided to apply ESMA restrictions on Binary Options and CFDs.
Over 30 advocacy groups put the Congress under pressure to halt Facebook Libra, with a request, which signatories sent to the bicameral legislature of the Federal government this week.
Dutch Ministers called the Parliament for regulating cryptocurrency and to put restrictions on certain financial operations to prevent money laundering operations.
The Australian Securities & Investments Commission (ASIC) has announced its new set of rules that guarantee more protection for corporate whistleblower.
Binary options trading in Poland is banned as of July as a result of the local regulatory update.
IC Markets stops Forex services to non-Australian clients. According to the official statement reviewed by AtoZMarkets, the retail broker will be migrating effected clients to its Seychelles subsidiary IC Markets (SC).
The Governor of the Bank of France, has has revealed plans to form a G7 crypto task force to examine regulatory issues related to crypto.
New ASIC enforcement regulations toughen up as indicated in the comments made by John Price, the commissioner ASIC.
The United States Senate committee on banking has announced that Facebook will testify before it, concerning the much speculated Libra coin.
Crypto exchanges in Brazil are now required to provide all user transactions conducted to Brazil's RFB who wants to clamp down on any tax fraud going on in the country.
Facebook Libra may not be available in countries where cryptocurrencies have been banned; in other nations, it'll be available via Facebook's Messenger,
The British FCA warns people to steer clear from the Forex education platform called Bucketlist Traders as it has apparently been providing its services illegally.
Hong Kong’s Securities and Futures Commission (SFC) has issued circular for Forex brokers in China related to margin trading on the Mainland.
After the Central Bank of Ireland issued a permanent binary options ban and restricting CFD’s, the European Securities and Market Authority (ESMA) has approved five additional proposals on product intervention measures taken by other national regulators in Europe.
Crypto mining in Russia can become illegal. The State Duma may impose administrative responsibility for the mining of crypto on the open blockchain.