Financial Action Task Force To Establish Rules For Crypto Regulation By June 2019

News, Regulation | October 22, 2018 By:

The Financial Action Task Force (FATF), a global money-laundering watchdog, is planning to publish its first rules on oversight of cryptocurrencies by June 2019.

The Paris-based money-laundering watchdog announced on Friday that the rules would be an upgrade from guidelines currently in place and would require jurisdictions worldwide to license or regulate crypto exchanges and digital wallet providers.

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FINRA Charges HempCoin ICO Issuer With Securities Fraud

Crime, News, Regulation | September 12, 2018 By:

The Financial Industry Regulatory Authority (FINRA) has issued securities fraud charges against a Massachusetts resident for an unregistered initial coin offering (ICO). FINRA said the case is the agency’s first disciplinary action involving cryptocurrencies.

FINRA has accused Timothy Tilton Ayre of selling unregistered securities in the form of the HempCoin token,

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