Popular Post Tehol_Beddict Posted January 18, 2019 Popular Post Share Posted January 18, 2019 I’m suggesting this possibility based on the timing of all the regs coming through at similar times... Thailand: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwj8kqzH_vXfAhWIdN8KHQ_hATMQzPwBegQIARAC&url=https%3A%2F%2Fwww.ccn.com%2Fnewsflash-thailands-finance-ministry-grants-licenses-to-three-crypto-exchanges%2F&psig=AOvVaw0Mqyh-yr0bnCTPjuP8vHrI&ust=1547854787286549 Russia: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwiPl6-dgfbfAhXMmuAKHWwGCbYQzPwBegQIARAC&url=https%3A%2F%2Fwww.financemagnates.com%2Fcryptocurrency%2Fregulation%2Frussian-parliament-to-implement-crypto-regulations-in-february%2F&psig=AOvVaw2F6QPA8f2ZP5CYtcEJdtag&ust=1547855504560434 Bahrain and UAE: https://www.google.com/amp/s/amp.thenational.ae/business/technology/experts-call-for-regulations-to-govern-cryptocurrencies-1.813685 China: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwjhg_fe__XfAhXSm-AKHZZCB5AQzPwBegQIARAC&url=https%3A%2F%2Fwww.ccn.com%2Fchina-to-implement-regulation-for-blockchain-companies-in-february%2F&psig=AOvVaw1wzu7NrRtL6ODhHj3_DoHK&ust=1547855105182047 India: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwix0IOPgPbfAhXKmOAKHe4IB1sQzPwBegQIARAC&url=https%3A%2F%2Fwww.ccn.com%2Findia-could-legalize-cryptocurrency-as-government-panel-mulls-strict-regulations%2F&psig=AOvVaw09zPM441grBpI2kuQYrZEN&ust=1547855206050044 EU: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwiVjOqDgfbfAhVOhuAKHXb-A_QQzPwBegQIARAC&url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Feuropean-banking-authority-report-urges-steady-approach-to-cryptocurrency-regulation&psig=AOvVaw1rgo9yMbw9HMBjb0XMgfZD&ust=1547855451110130 Israel: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwje0eikg_bfAhUvmuAKHWr3DUoQzPwBegQIARAC&url=https%3A%2F%2Fwww.ccn.com%2Fisraels-central-bank-and-other-agencies-seek-public-input-in-crypto-regulation-initiative%2F&psig=AOvVaw3Ajy8U8QKYJlPQz3w2sK2q&ust=1547856057054586 Bermuda: https://www.google.com/url?sa=i&source=newssearch&cd=&ved=2ahUKEwjYtNHmg_bfAhVkg-AKHR0pC9sQzPwBegQIARAC&url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbermuda-financial-regulator-releases-draft-regulation-for-crypto-custodial-services&psig=AOvVaw18Oe73NBKDnnqs3A7P2SIE&ust=1547856195083135 Please share if you know of more recent regulatory progress. hallwaymonitor, mrongey, RipDip and 31 others 18 16 Link to comment Share on other sites More sharing options...
Shuz Posted January 18, 2019 Share Posted January 18, 2019 Wow thanks for all the info!! Tehol_Beddict 1 Link to comment Share on other sites More sharing options...
davygravy77 Posted January 18, 2019 Share Posted January 18, 2019 (edited) Brilliant, who do you think would be the guiding hand here? IMF or the countries central banks themselves? Edited January 18, 2019 by davygravy77 Link to comment Share on other sites More sharing options...
Tripple Posted January 18, 2019 Share Posted January 18, 2019 11 minutes ago, davygravy77 said: Brilliant, who do you think would be the guiding hand here? IMF or the countries central banks themselves? I'd say the IMF is in the perfect position to chaperone the formation of these regulations at a national level, being a supranational entity that's focused on global stability and regulation. GiddyUp and mistatee2000 2 Link to comment Share on other sites More sharing options...
JBW Posted January 18, 2019 Share Posted January 18, 2019 Thank you for sharing. I am happy to see EU here Link to comment Share on other sites More sharing options...
kenrino Posted January 18, 2019 Share Posted January 18, 2019 (edited) thanks for sharing this, you should also post it on https://www.reddit.com/r/Ripple/ Edited January 18, 2019 by kenrino Link to comment Share on other sites More sharing options...
swanny86uk Posted January 18, 2019 Share Posted January 18, 2019 Think this fits in with the same timeline for Mexico. Would put "Pertinent regulations to be published within a year from the enactment of the law", points to March 2019? https://www.loc.gov/law/help/cryptocurrency/mexico.php Benchmark, GiddyUp and Tehol_Beddict 2 1 Link to comment Share on other sites More sharing options...
mistatee2000 Posted January 18, 2019 Share Posted January 18, 2019 Great research as ever Isn't it sad to see that the USA and to some degree the UK are not seemingly thinking ahead Sharkey and GiddyUp 2 Link to comment Share on other sites More sharing options...
Tehol_Beddict Posted January 18, 2019 Author Share Posted January 18, 2019 3 hours ago, davygravy77 said: Brilliant, who do you think would be the guiding hand here? IMF or the countries central banks themselves? BIS, G20, IMF, IOSCO. All of these are lead by central banks and the countries themselves so I'm not sure there's much difference. It's hard to saw which is leading the charge. Link to comment Share on other sites More sharing options...
Danny Posted January 18, 2019 Share Posted January 18, 2019 (edited) 10 minutes ago, Tehol_Beddict said: BIS, G20, IMF, IOSCO. All of these are lead by central banks and the countries themselves so I'm not sure there's much difference. It's hard to saw which is leading the charge. I'd say BIS leads central banks. Sixty central banks and monetary authorities are currently members of the BIS and have rights of voting and representation at general meetings. Excellent post by the way @Tehol_Beddict Edited January 18, 2019 by Danny Link to comment Share on other sites More sharing options...
Flintstone Posted January 18, 2019 Share Posted January 18, 2019 1 hour ago, mistatee2000 said: Great research as ever Isn't it sad to see that the USA and to some degree the UK are not seemingly thinking ahead Final Report https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf mistatee2000 1 Link to comment Share on other sites More sharing options...
mistatee2000 Posted January 18, 2019 Share Posted January 18, 2019 44 minutes ago, Flintstone said: Final Report https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf Thank you for that. I know that the UK has not been idle in this matter, but unless I am mistaken, they are certainly not yet at the stage of clarity where Malaysia and Singapore find themselves. In other words, or more to the point, in the words of the report there is still work to be done Quote There is therefore a need to consider carefully how regulation could meaningfully and effectively address the risks posed by exchange tokens and what, if any, regulatory tools would be most appropriate. The government will issue a consultation in early 2019 to further explore whether and how exchange tokens and related firms such as exchanges and wallet providers could be regulated effectively, in the case that other measures outlined in this report do not adequately address all relevant risks. Continued patience in a fast moving and dynamic environment is required - seems to be a contradiction in there, but I'm enjoying the journey Flintstone 1 Link to comment Share on other sites More sharing options...
Flintstone Posted January 18, 2019 Share Posted January 18, 2019 (edited) @mistatee2000 Another bit of relevant info: https://www.fca.org.uk/publications/consultation-papers/global-financial-innovation-network I’m hoping the UK regulatory framework of DLT will tie in with the open banking deadline dates. https://www.finextra.com/blogposting/15699/will-fis-be-ready-by-march-14-2019-for-psd2-open-banking The United Kingdom Financial Conduct Authority (FCA) though has recently re-iterated their guidance to the UK market around the importance of these dates. Edited January 18, 2019 by Flintstone Format GiddyUp and mistatee2000 2 Link to comment Share on other sites More sharing options...
mike91 Posted January 18, 2019 Share Posted January 18, 2019 The Netherlands Source doc, released today:https://www.dnb.nl/binaries/Crypto_tcm46-381603.pdf?2019011817 Dutch news article:https://www.emerce.nl/nieuws/afm-dnb-pleiten-cryptoregulering-internationaal-niveau Gepster, Tehol_Beddict and Flintstone 1 2 Link to comment Share on other sites More sharing options...
Tehol_Beddict Posted January 19, 2019 Author Share Posted January 19, 2019 Wyoming - “Wyoming has introduced a bill that aims to clarify the legal position of digital assets, as well as offer digital asset custody through banks” https://www.forbes.com/sites/darrynpollock/2019/01/18/wyoming-introduces-bill-offering-cryptocurrencies-legal-clarity-to-attract-blockchain-business/amp/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2087367833&utm_campaign=sprinklrForbesCrypto&__twitter_impression=true Cesar1810 and Flintstone 2 Link to comment Share on other sites More sharing options...
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