Summary The recent release by the Swiss financial markets regulator, FINMA, of guidance regarding its approach to the regulatory framework for Initial Coin Offerings (ICOs) is a welcome attempt to provide a more granular analysis of the ICO market and the likely applicability of securities regulation to this market. The guidance represents the first attempt […]
As cryptocurrencies draw more attention from global regulators, BitcoinBro’s CEO Oliver von Landsberg Sadie talks with Nejra Cehic on Bloomberg Market TV’s ‘Rules and Returns’. In the UK there is a huge opportunity, right now, for banks and the FCA to embrace innovation in this space.
Satoshi Nakamoto, the unidentified author of the Bitcoin white paper, described the cryptocurrency as a, “peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.” Those “financial institutions” that Nakamoto wished to bypass when conducting online commerce referred not only […]
The man responsible for interpreting religious law in Egypt has banned Bitcoin. Grand Mufti Shawki Ibrahim Abdel-Karim Allam has issued a fatwa telling Muslims the world’s most famous cryptocurrency is haram – or forbidden. They are not allowed to sell, buy or rent using Bitcoin. Whether his order applies to just Egypt’s Muslims – or […]