ICO Regulatory Framework To Be Introduced In France

News, Regulation | March 19, 2018 By:

The Autorité des marchés financiers (AMF), the French financial supervisory authority, is reportedly preparing a new regulatory framework with regard to initial coin offerings (ICO).

According to local news outlet Les Echos, the French Ministry for the Economy and Finance confirmed that the regulatory framework proposed by the AMF would recognize ICOs as a legitimate means of investment.


Cryptocurrency Exchanges Raided By South Korean Authorities

News, Regulation | March 16, 2018 By:

The Seoul Southern District Prosecutors’ Office reportedly searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts.

According to local publication Chosun, allegations of embezzlement by staff prompted the raids, with certain staff and executives being suspected of using money from customer accounts in order to buy cryptocurrencies from other exchanges.


Crypto Exchange Coinbase Receives E-Money License From UK Financial Conduct Authority

Announcements, News, Regulation | March 15, 2018 By:

Cryptocurrency exchange Coinbase has been granted an e-money license by the UK’s Financial Conduct Authority (FCA).

The license will allow Coinbase to issue e-money and provide payment services in the region. It will also allow the company to strike partnerships with banks and payment services and allow it to explore possibilities with other businesses from a commercial angle.


Central Bank Cryptocurrencies Pose Stability Risk, Says Bank For International Settlements

News | March 13, 2018 By:

The Bank for International Settlements (BIS) said central banks should think hard about potential risks and spillovers before issuing their own digital currency.

The BIS is an international financial institution owned by central banks which “fosters international monetary and financial cooperation and serves as a bank for central banks.” It carries out its work through its meetings,