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CFTC Tech Advisors talk Crypto
CFTC's monday conference agenda released last monday is crypto stacked. The first two panels outline blockchains applications to the derivatives markets, and regulation surrounding futures markets.
The panel shows will focus on "potential impact on capital markets infrastructure and regulatory reporting"
The second panel is based on cryptocurrencies and future products based upon them. Changes and regulation surrounding such will also be on the agenda.
This sounds like a panel trying to educate, however only those in the room will know what the true agenda behind it all is. All we know, is that government is sitting down and learning about how to regulate us, and harness the communities, and tech, we so built them..
Stay decentralized. We as a community built the most amazing tech that will be seen in our lifetime, don't hand it over free. Your investments are votes for who wins the blockchain race, keep it decentralized.
https://www.coindesk.com/cftc-tech-advisors-talk-crypto-blockchain-week/
Photo Credit: www.laserfiche.com
Petition calls SEC to allow ICO remediation
A petition filed last month by Liquid M Capital, proposed that illegal ICO's should have time for remediation, to become aligned with regulatory standards. Such as you would a business, you don't come in and see that something isn't up to standard and shut the whole business down!
You give a notice, so they may fix it, and continue on.
I hope this does not extend to blatant scams, however for some cases, I believe this is a fair, and just step towards harmonic measures.
The letter argues
"Chairman Clayton recently stated that he has 'yet to see an ICO that doesn't have a sufficient number of hallmarks of a security.' This has left many token issuers in a situation where they have already issued tokens, which more than likely violate the federal securities laws, but given the lack of regulatory guidance, were unaware that they needed to either register their offering or ensure it complied with an exemption."
Aka, we already did that- there's no going back, let's work together! I like it.
https://www.coindesk.com/petition-calls-sec-allow-ico-remediation/
Photo Credit: www.cointelegraph.com
Ahu Dhabi financial services working on ICO regulations
The FSRA of Abu Dhabi Global Market is readying regulation for everything crypto. From ICO to exchanges according to an official announcement published Sunday, Feb 11.
Last announcement they made on the topic was the risks of ICOs on Oct 9 2017.
In the same announcement, they acknowledged that the currency is growing interest globally as a medium of exchange.
On Feb 4. 2018, the UAE Securities and Commodities Authority issued a warning, notifying they must assume all risk since this method is not yet regulated by the UAE.
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Good
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super post... like to get the time to read it...
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Great one this post..Keep it up..
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Good info. Joy
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please help in folow
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Thanks once again for the round-up. The SEC moving in might cause a lot of fur to fly: ironic, since the original SEC nestled itself on top of the NYSE and other "self-regulatory organizations." That's why the largest outcries against the SEC, pre-crypto, were from independent freebooters.
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Nice,
My upvote @ikbal1
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