Australian Crypto Exchanges Now Accountable to a National AML-CFT Body
Australia possesses one of the most active cryptocurrency user bases in the world today, and as of April 3, all national digital exchanges are required to operate under the regulatory authority of AUSTRAC.
Crypto Leaders Speak out as US Regulatory Uncertainty Around ICOs Continues
US lawmakers continue to struggle to formulate an approach to cryptocurrencies. This week a federal judge ruled that cryptocurrencies can be treated as commodities by the CFTC (Commodity Futures Trading Commission)
SEC ICO Probe: Lawyers and Regulators, Beware
Lawyers and regulators who are involved in the cryptocurrency sphere are going to be closely watching the U.S. Securities and Exchange Commission’s (SEC) probe into companies who are launching Initial Coin Offerings (ICO).
Reaction to SEC ICO Probes
Last week, the SEC roiled crypto markets by announcing targeted subpoenas on Initial Coin Offerings (ICOs) that might be violating securities laws. The actions aren’t completely shocking since the SEC issued several comments in the past few months addressing the potential for fraud…
Blockchain is already reshaping investment operations
Blockchain technology is set to disrupt the investment operations industry over the coming decade and leading players are already embracing it.
In 2017, Northern Trust became the first custodian to use a blockchain solution to manage the custody operations of a private equity fund.