Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks

The chairman of South Korea’s Financial Services Commission has affirmed that crypto exchanges should face no issues with banking provisions. The chairman of South Korea’s Financial Services Commission (FSC) has affirmed that crypto exchanges should face no issues with banking provisions, local media platform Token Post reported Oct. 30. The FSC’s Choi Jong-Ku clarified that […]

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Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms. Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on […]

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U.K.’s Financial Regulator Mulls Ban on Sale of Crypto Derivatives

The U.K.’s Financial Conduct Authority has said it will consider whether to ban the sale of cryptocurrency-based derivatives, citing the risks of amplified investment losses. The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29. Unlike crypto spot market […]

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Chinese Edition of Book ‘Mastering Bitcoin’ Appears on State TV With ‘Sanitized Title’

China’s state-run TV channel has aired an advertisement for a Chinese translation of the classic book “Mastering Bitcoin” that removes Bitcoin from its title. The notably edited title of Andreas Antonopoulos’ classic book “Mastering Bitcoin” was aired in an ad for the book on China’s state-run TV channel China Central Television (CCTV) Oct. 19. A […]

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Don’t ‘Disadvantage’ Emerging Tech Like Blockchain, Says U.S. Telecoms Authority Chairman

U.S. telecoms regulator argues innovation in the telecoms industry should face a “level playing field.” The U.S. should not “disadvantage” emerging technologies such as blockchain due to “antiquated” regulations, the head of the country’s telecoms regulator told Indian daily news outlet Indian Express Friday, Oct. 26. Speaking while attending the India Mobile Congress 2018, Ajit […]

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Chinese Arbitrator Reaffirms That Bitcoin Can Be Held, Privately Transferred as Property

A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.” An arbitration body in China has ruled that cryptocurrencies such as Bitcoin (BTC) are legally protected as property, in a case published Oct. 25 via the arbitrator’s WeChat account. The […]

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