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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

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However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. State Regulations.

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In Switzerland, Regulators Eye Payments Over Blockchain

PYMNTS

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG. Securities Exchange and DLT.

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Bitcoin Daily: Signal Messaging App Testing Crypto Payments; Gemini Adds 20 Tokens To Exchange; SIA, WizKey Partner For Credit Market Based On Blockchain

PYMNTS

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. RTP Expands Across FI Base. Financial institutions (FIs) in the U.S.

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Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions

PYMNTS

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay.

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Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

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The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release. The two organizations said an international consensus could help speed up transactions across borders.

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Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital Wallet Services

PYMNTS

In other news, LVC Corporation , which operates LINE, is announcing the launch of two new products: LINE Blockchain Developers, a developer platform for blockchain services; and the BITMAX Wallet, for managing digital assets, a press release stated.

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