The French SEC-equivalent AMF (Autorité des marchés financiers), detailed the existing issue on approaches taken regarding digital currencies. In their report, the AMF called on the European Commission to develop a strategy for digital financial services. The Fintech dossier called for the EU to “regulate the issuance and exchange of financial instruments in a blockchain […]
Bitcoin is often referred to as “digital gold”. Both assets have similarities, but there are differences. Friend or foe? A comparison between gold and Bitcoin. This article is part of a cooperation and originally published on 10×10.ch Friend or foe? This is a question Bitcoiners and Goldbugs continuously ask themselves when they encounter someone from […]
Federal Reserve Chairman Jerome Powell addressed the House of Representatives’ Financial Services Committee on Tuesday. When asked about digital currencies, Powell admitted that the Libra project had sparked some excitement in the Fed last year. Jerome Powell, the current chairman of the Federal Reserve, said this in response to Illinois Congressman Bill Foster’s question about […]
The Swiss regulatory authority FINMA has announced a new proposal that provides stricter guidelines for unidentifiable crypto-currency transactions. The new FIDLEG and FINIG laws, have obliged the Swiss Financial Market Supervisory Authority FINMA to issue certain, mainly technical, implementation provisions. For this reason, FINMA presented a new, streamlined ordinance last week. Among other things, the […]
The German financial supervisory authority Bafin has already received more than 40 expressions of interest from banks that would like to obtain a licence for the crypto-custody business in future. Due to the new money laundering law, banks are no longer restricted to simply offering and safekeeping of classical securities such as shares or bonds, […]
Bitcoin/USD daily basis Bitcoin/USD – Tentative steps over USD 10’000 mark Bitcoin was again able to gain ground this reporting week. After a consolidation above the USD 9,000 mark, a rally to the USD 9,700 mark occurred on Wednesday. This marked a new daily high over the previous days and was the basis for the […]
An interview with Prof. Dr. Michaela Hönig, expert on digital currencies in the German Bundestag and author of the newly published book: “ICO and Cryptocurrencies – New Digital Forms of Raising Capital”. CVJ.CH: Your recently published book deals, among other things, with the possibilities and limitations of ICO’s. The limits have been well observed in […]
The SEC Commissioner Hester Peirce wants to give projects in the crypto sector a chance to avoid conflict with US securities laws when seeking funding. Peirce, who has been with the Securities and Exchange Commission for two years and is known only as “CryptoMom” by the blockchain community, has formally proposed a safe haven for […]
Six major central banks, including the Bank of Japan and the European Central Bank, are scheduled to meet in Washington in mid-April to discuss issues related to the likely introduction of central bank digital currencies. According to the Japan Times, the governors of the ECB and the central banks of the United Kingdom, Canada, Japan, […]
The Federal Financial Supervisory Authority (BaFin) in Germany is currently clarifying how the newly defined law can be applied to companies regarding the safekeeping of crypto-currencies. Companies that would be affected are one’s subject to foreign jurisdictions but serve the German market. In a guideline published in January, the regulatory authority announced that companies that […]
