Archive

SEC Digital Asset Guidance a Boon For Investors Claiming XRP is Unregistered Security

A group of investors in Ripple’s cryptocurrency XRP filed an amended complaint exploiting recent guidance published by the Strategic Hub for Innovation and Financial Technology (FinHub) of the U.S. Securities

Read Full Article
Litigation, Ripple, SEC, Securities, US

Swiss Bankers Association Publishes Updated Guidelines on Opening Banks Accounts for Companies with a Nexus to Distributed Ledger Technology

On August 20, 2019, the Swiss Banking Association (“SBA”) released guidelines for member banks (in German with Italian, French and English versions to follow) about opening company accounts for companies

Read Full Article
AML, Banking, Cryptocurrency, KYC, Switzerland

Crypto Exchange Startup Seeks SEC Approval for Initial Public Offering of Security Tokens

Crypto exchange startup INX Limited filed a preliminary prospectus outlining its plans to raise between $5 million and $129.5 million in an initial public offering (IPO), making it one of

Read Full Article
IPO, Securities, US

Swiss Financial Market Supervisory Authority FINMA issues guidance on stable coins and comments on planned Libra cryptocurrency

On September 11, 2019, the Swiss Financial Market Supervisory Authority (FINMA) has issued guidance on the regulatory treatment of stable coins. As a supplement to the previously issued ICO Guidelines,

Read Full Article
Libra, Regulation, Stable Coins, Switzerland

Burundi Bans Cryptocurrency

The Bank of The Republic of Burundi issued a statement in which it banned the use of cryptocurrencies in the

Read Full Article
Burundi, Cryptocurrency

Marshall Islands To Issue Its Own Cryptocurrency

In 2018, the Marshall Islands passed a Sovereign Currency Act, declaring its intention to release a new, national digital currency. 

Read Full Article
Cryptocurrency, Marshall Islands

Categories

Location