European Parliament Committee on Internal Trade publishes Draft Blockchain Report

On 18 July 2018 the European Parliament Committee on Internal Trade (“CIT“) published a draft report setting out a motion for a European Parliament Resolution regarding how blockchain could be

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EU, Supply Chain

SEC Rejects the Winklevoss Twins’ Bitcoin Fund

Last year, the SEC rejected an application by Cameron and Tyler Winklevoss for what would have been the first-ever Bitcoin ETF.  The group made some changes and resubmitted their application

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Bitcoin, Cryptocurrency, SEC, US

European Banking Authority Outlines Risks And Opportunities Arising From DLT

On 3 July 2018, the European Banking Authority (EBA) published a report outlining the prudential risks and opportunities arising from FinTech as part of its 2018 FinTech Roadmap. The report

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AML, EU, Smart Contracts, Use Case

International Body Sets Out Framework For Monitoring Crypto-Asset Markets

On July 16 the Financial Stability Board (“FSB”) published a report establishing a framework to monitor-crypto-asset markets.  The report sets out the metrics that the FSB will use to monitor

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Cryptocurrency, International

Australian Regulator Provides Further Guidance on Initial Coin Offerings and Cryptocurrency Compliance

The Australian Securities and Investment Commission (“ASIC”) has released further guidance on initial coin offerings (“ICOs”) and cryptocurrency compliance through

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Australia, Cryptocurrency, ICO

Two New Cryptocurrency Exchanges Approved in the Philippines

As reported, the Philippine central bank (Bangko Sentral ng Philipinas) (“BSP”) has approved applications filed by two cryptocurrency exchange platforms

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Cryptocurrency, Philippines

U.S. SEC Charges Two With Illegal Sales of Blockchain Company Stock

On July 2, the U.S. Securities and Exchange Commission charged two men with the illegal sale of securities related to

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Enforcement, SEC, US

Cambodia Issues Warning Regarding Cryptocurrencies

A joint statement (Statement) on cryptocurrencies has been released by the National Bank of Cambodia, the Securities Exchange Commission of

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Cambodia, Cryptocurrency