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Regulation
G7 Forming Task Force in Response to Facebook's Libra Cryptocurrency
France is setting up a task force within the Group of Seven nations to examine regulatory issues raised by Facebook's Libra cryptocurrency.

Japan Watchdog Charges Zaif Crypto Exchange Owner with 'Legal Violations'
Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog.

Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions.

Halt Libra? US Lawmakers Call for Hearings on Facebook's Crypto
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

There's a Second Token: A Breakdown of Facebook's Crypto Economy
In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain
“This initiative is an answer to great transformation”, the regulators said.

Russia's Central Bank Is Considering Launching a Digital Currency
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch
Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

Korean Crypto Exchanges Update Terms to Accept Liability for Hacks
Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues.

It's FATF's Way or the Highway for Crypto Exchanges. That's a Big Mistake
The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.
