The FCA has assumed more oversight responsibility in the crypto industry, including becoming the KYC and AML enforcer. Companies will need to be licensed afresh.
China has implemented new policies to foster blockchain and the launch of a state-backed digital currency.
The next six months are going to see a flurry of activity and this past week has continued to help refine the forward progress the industry is making.
The global regulator pledged to publish a paper on how much capital banks must set aside to cover crypto-related risks.
Congressman Davidson believes that America could lose its global superiority if it doesn’t adopt blockchain quickly.
If regulators are a concern, there is room to be worried about what Kimcoin had in mind with its offering.
As the activity over the past month shows, there have been ups and downs, but everything is pointing to a better, more fine-tuned industry.
The exchange will officially shut down operations on October 29, blaming it on regulatory uncertainty.
Entrepreneurs in Canada believe the government can do more to create an enabling environment for blockchain innovation.