Tag Archive For "Regulation"
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Modern Gaming Makes Hostile Government Regulation Inevitable
The UK’s Department for Digital, Culture, Media, and Sport has recommended hostile regulation. Ben Greenstone of Taso Advisory said the incoming regulation could be “significant.” This regulation is directly being caused by greedy companies like EA and toxic communities like those surrounding League of Legends and Call of Duty. The government and video games don’t…
Clarity is the first step to effective cryptocurrency regulation
Stuart Alderoty is general counsel at Ripple. The opinions expressed in this commentary are his own.Ever since Facebook unveiled its plan to launch a cryptocurrency, Libra, policymakers around the world have been up in arms. Beyond core concerns of trust, they are worried Libra could be used to launder money, finance terrorism or destabilize central…
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Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation
According to local reports, Russia will not go out of its way to ban Libra, a crypto asset created by the Libra Association, an international consortium started by Facebook.Alexei Moisseev, the deputy finance minister of Russia, told publications that a legislative framework for crypto assets will soon be formed and Libra is likely to fall…
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Japan Throttles Crypto Margin Trading From 25x Down to 2x-4x in New Regulation
Following similar action by Japanese financial authorities last year, the country’s cabinet has approved a new raft of regulation aimed at bringing cryptocurrency trading into the mainstream fold. The Nikkei Asian Review reports that on Friday, the cabinet ap…
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What Juul’s Landmark Vaping Study Means for Tobacco Regulation
Puffing on Juul pods is just as effective for reducing specific tobacco-related biomarkers as complete abstinence from smoking. That’s the conclusion from landmark study data released Saturday during the U.S. Society for Research on Nicotine & Tobacco 2019 Annual Meeting.Juul Pines for FDA ApprovalThe small clinical study is the first to be undertaken by Juul…
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ABCC Exchange Supports New Singapore Regulation
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Israel’s Central Bank Seeks Public Input in Crypto Regulation Initiative
Seal of the Bank of Israel The central bank of Israel and various other government agencies are seeking input from the public regarding the regulation of virtual assets. According to a statement released by the Bank of Israel, there is a need to monitor developments in the digital assets space and understand their implications on…
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Swiss Federal Council Opts for Minimal Regulation
Switzerland Financial Regulator FINMA Head Mark Branson A report based on the analysis conducted by a blockchain working group that was appointed earlier this year has been adopted by the collective head of state and government of Switzerland, the Federal Council. Among other things the report has concluded that the legal framework of Switzerland can…
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Top Stablecoin ‘Basis’ May Shut Down Due to Regulation, What Went Wrong?
On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. The project was funded by some of the largest venture capital firms in the technology space…
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VanEck Crypto Chief: Insurance Needs More Regulation Than Crypto
News December 14, 2018 13:06 CET Following recent comments by Allianz CEO Andreas Utermann calling for cryptocurrency to be outlawed, VanEck Head of Digital Assets Gabor Gurbacs has stated that the insurance industry is in greater need or comprehensive regulation than cryptocurrency. In a now-deleted post on his Twitter account, Gurbacs made the point that the behaviour of…
