South America: Crypto and Blockchain News Roundup 23rd February to 2nd March 2019
South America Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. Brazil Brazil Can Regulate Exchanges Using the Same Rules Applied to Banks: Cryptocurrency exchanges in Brazil can face a new setback in case their government […]
IMF Suggests That Malta Has Insufficient AML and CFT Regulation
The International Monetary Fund (IMF) has recommended immediate action on some critical gaps in Malta’s supervision for combating the Financing of Terrorism (CFT) and Anti-Money Laundering (AML). Times of Malta reported the news on 28 February 2019. The IMF issued a comprehensive report (Financial System Stability Assessment Report) summarizing the quality of regulatory and supervisory framework […]
Specific Tokens to Be Exempted from Securities Law in Rhode Island
A new bill tabled in Rhode Island suggests that specific tokens will be excluded from Securities Law currently enforced in the state. The said bill was introduced in the state legislature on 27 February 2019. According to the bipartisan bill H5595, various amendments to the Rhode Island Securities Act have been suggested. If certain conditions are […]
Ripple Lawsuit to Remain in Federal Court
According to a recent ruling, the securities lawsuit against Ripple will stay in federal court, lawyer Jake Chervinsky announced in a recent tweet on 1 March 2019. Chervinsky maintained that the plaintiffs’ motions to remand have been denied by the court, therefore, the case will stay in federal court. He added that although it is a minor […]
