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It's Monday, which means it's Monday morning and it's time to keep abad of the latest news of the weekend.
Let's go.
1. Canadian financial regulators learn from the QuadrigaCX debacle and take steps to start regulating cryptocurrency trading to mitigate the risks badociated with virtual currency trading. In a joint document released last week, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) are studying the need to adapt regulation to the unique economic models of securities. cryptocurrency companies. Regulators use information gathered in cases such as QuadrigaCX to develop regulatory frameworks that address investor risk and enhance market integrity. Get ready, Canadian regulations on cryptocurrency is coming.
2. Jeff Garzik, a developer of Bitcoin BTC, has received a subpoena ordering him to provide information about a multi-billion dollar lawsuit against Bitcoin leader SV Craig Wright, according to a statement. tweet posted last friday. The lawsuit filed by the family of David Kleiman, who would be one of the first Bitcoin developers, alleges that Wright allegedly stole up to 1.1 million BTC ($ 4.4 billion US at the time of the press) after Kleiman's death in 2013. Garzik is required to provide 28 types of evidence relating to the case, including all "documents, communications and supporting agreements". [Garzik’s] "Personal Theory" that David Kleiman is Satoshi Nakamoto. Garzik has 30 days to provide the proof.
3. Five US states could have dedicated cryptocurrency regulations similar to New York's BitLicense, according to a recent Senate hearing. If the proposal is successful, residents of Nevada, California, Oklahoma, Rhode Island and Hawaii could be offered a very limited possibility of cryptocurrency. BitLicense in New York, for example, restricts the functioning of cryptocurrency exchanges in the state, imposes laws on the knowledge of your customers and the fight against money laundering and significantly prevents the locals from accessing services. related to cryptocurrency.
4. "Stablecoins could be securities," according to Valerie Szczepanik, Senior Advisor for Digital Assets at the Securities and Exchange Commission (SEC). Speaking at a panel in Austin, Texas, at SXSW, she said that "could raise issues under securities laws," Decrypt reports. It appears that stable benchmarks for real badets such as gold or oil are the biggest challenges for the SEC. Nevertheless, in the absence of specific blockchain securities regulations, Mr Szczepanik said the SEC will have to deal with each case on a case-by-case basis, so it's hard to say how many dollar coins should be clbadified as titles.
5. IBM and the French National Council of Clerks (NCC) have announced the proposed launch of a business registry and blockchain-based companies as a result of a successful pilot project. The platform should be deployed sometime this year and will be used to maintain the database of information relating to the legal status of a company. The platform is built on IBM's Hyperledger fabric and aims to simplify data sharing among employees across the country. IBM says the pilot project has allowed the NCC to reduce the time required to update the multi-day to one-day registry for complex cases.
Well, it's Monday for you, see you next week.
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Posted on March 18, 2019 – 09:36 UTC
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