The Swiss Financial Markets Authority (FINMA) has recently issued the first license on cryptocurrency managing for a cryptocurrency investment fund oriented on the Swiss net.
Monetary Authority of Singapore (MAS) is working out a smooth bank servicing for cryptocurrency startups in the framework of stimulating the financial and technical development.
The Chairman of the Commodity Futures Trading Commission (CFTC) J. Christopher Giancarlo expressed his opinion about Bitcoin and other cryptocurrencies, adding that they will remain in future. He is certain that they cannot compete fiat currencies.
The Japanese virtual currency exchange association (JVCEA) wants to impose limits on the volume of digital assets held on hot wallets. The limit is expected to make 10-20% from the users’ deposits. Tight regulations in crypto industry are believed to be related to the recent hack of Zaif, when hackers have stolen $60 million.
The government of North Korea will involve digital currencies and international exchanges to undermine the American sanction policy and hide money laundering. This opinion was expressed by some experts.
According to the managing director and global head of equity products at CME Group Inc. Tim McCourt, Bitcoin futures do not impact the cost of the main digital asset. He made this statement at Consensus Singapore Conference 2018.
The French government accepted new norms and regulations for the initial coin offerings (ICO). This information was published by the Minister of Finance Bruno Le Maire in his Twitter.