the means The approval of a Bitcoin ETF has moved with the provisional withdrawal of the CBOE in width(re) distance. A bill is before the Senate in Wyoming, provides for the recognition of Bitcoin as legal tender. In Japan, there is a new player in the regulatory sand box, while the German BaFin criticized two automated Bitcoin Trader, fiercely. The regulatory-ECHO of the fourth calendar week.
By Christopher clover
28. January 2019BTC$3.412,27 -4.23%part Facebook Twitter LinkedIn xing mail
Hodler, who was looking forward to the imminent introduction of a US-American Bitcoin ETF, you need to put that hope on hold for now. Because of the Bitcoin ETF application from the home CBOE or SolidX or VanEck was withdrawn by the CBOE for the First. CBOE justified this step with the ongoing Shutdown of the U.S. government, which also specifies the parts of the stock exchanges and securities regulatory authority of the SEC lame. All the same, CBOE will record after the completion of the shutdown of your discussions with the authority. When ETF? Not anytime soon.
UK: FCA invites you to the crypto-consultation
is The cross with the Bitcoin Reglierung also at the EU member state United Kingdom topic. The financial Supervisory authority FCA has published a proposal for a regulatory framework by a regulation of digital currencies might move. That there are still many points in need of clarification, is the FCA aware of this. Therefore, the authority combines the publication of the regulatory guidelines with a call to citizens and businesses, to give their assessments of the submitted set of rules. The Deadline for the submission of observations, the 5 forms. April 2019.
Wyoming: BTC soon on a par with the US Dollar?
No special treatment, but the recognition of the BTC as legal tender – at par with the US Dollar. The core is the requirement of a draft law submitted to the Senate of the US state of Wyoming. The equality with the US Dollar would have far-reaching consequences for Bitcoin. For example, Wyominger banks are likely to offer in all 50 U.S. States, and Depot services for BTC.
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Furthermore, the draft law includes the proposal, the classifications of the „Digital Consumer Asset“ (aka Utility Token), Digital Security (aka Security Token), as well as Virtual Currency (aka a medium of exchange, unit of account, store of Value). Not least of all, could then be fully regulated ICOs and STOs. On a Shitcoin-dawn on the horizon?
Japan: Liquid Bitcoin in the sandbox
In the Land of the rising sun, a new Player can, under the Ramekins in the regulatory sand box circles. „Crypto Garage“ has received an order from the Japanese financial services authority, the FSA, the permit, in 2017, founded the „FinTech Proof-of-Concept Hub“ to try out. Crypto Garage wants to experiment with SETTLENET a block chain-based Settlement platform. The Liquid Bitcoin Sidechain of the block stream is used among other things. The pilot project is allowed to join in the fun now for a year in the regulatory playpen, interested Bitcoin exchanges may take the SETTLENET as long as free-of-charge.
Arabian Peninsula: banks experiment with centralized crypto-currency
In the near East, Saudi Arabia and the United Arab Emirates ogle, apparently, with the introduction of a common national crypto-currency. Corresponding to the news Agency of the United Arab Emirates reported on the 19. January. It looks so far, however, as the Experiment of business – and Central banks have a significant impact on the financial lives of the inhabitants of the Arabian Peninsula. Finally, centralized institutions is, in principle, the emancipatory possibilities of the Distributed Ledger Technology to the full.
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Davos: Less Bitcoin Hype as 2018
The streets in the Swiss city of Davos remained this year on the occasion of the world economic forum, Bitcoin and Blockchain-lettering spared. This fact corresponds with the fact that crypto topics were discussed this year, just on the edge. It was some of the Blockchain-the Underdogs to make their mark at Davos. In addition, there was assistance from an unusual side. JPMorgans CEO Jamie Dimon made it clear that he, despite his crypto-criticism in the past year, the course’s technical descent of Bitcoin & co. „no peace“ feel.
BaFin: no Bitcoin trade robot
Similar is likely to apply to the provider of Bitcoin trade robot. Because the German Federal financial Supervisory authority has pointed out that the Robo Advisor does not have a license that allows him „to Operate or Perform any banking transactions or Providing financial services in the territory of the country“. The same is true also for the Estonia-based company Crypto Code.