Known as the Managed Stablecoins are Securities Act of 2019, the bill would mean Libra was subject to the structures of U.S. securities law.
The messaging app asked the U.S. courts to dismiss the action raised by the SEC, rejecting suggestions that its token sale was an unregulated securities offering.
The Finnish government also emphasizes in its paper that an EU-wide framework for crypto should be adopted by financial regulators in order to ensure all countries are on the same page.
The U.S. Securities and Exchange Commission and Nebulous have shaken hands and come to an equitable agreement.
Coinbase believes it has a way to help push the issue along and has created a new Crypto Rating Council (CRC) in collaboration with other exchanges.
As trading unlisted securities in South Korea can be prone to error, the country is looking to improve the process with a blockchain.
The Canadian Securities Administrators’ business plan for 2019-22 includes a focus on developing understanding of blockchain as well as approach to regulation.
La Commissione Nazionale per le Società e la Borsa has shut down investment firm Tessline and its corresponding cryptocurrency, liracoin.
The updated ASIC guidance spells out the legal obligations cryptocurrency firms must discharge to operate lawfully in Australia.
The Securities Commission of the Bahamas (SCB) has filed a draft of the new bill that will regulate token offerings.
Cryptocurrency exchange Poloniex will stop offering up to nine cryptocurrencies for its customers based in the United States due to regulatory uncertainty.