The initial coin offerings (ICOs) regulatory map has begun to take shape with the U.S. Securities and Exchange Commission (SEC), the Canadian Securities Administrators (CSA), the UK’s Financial Conduct Authority (FCA), Singapore, Hong Kong, China and Australia offering their opinions on ICOs. The FCA recently stated that ICOs are “very high-risk, speculative investments.” The Dubai
Busy Summer for Distributed Ledger Technology
Distributed Ledger Technology (DLT) and cryptocurrency have been a hot topic this summer. DLT has begun its transition from a proof-of-concept phase, to a real world deployment. Some of the changes over the last six weeks include: Bitcoin splitting into two currencies; the Securities Exchange Commission (SEC), the Canadian Securities Administrators (CSA), and the Monetary
The UK FCA Publish Discussion Paper on Distributed Ledger Technology
The UK FCA Publish Discussion Paper on Distributed Ledger Technology
Regulators globally are focused on understanding industry consumers’ views on distributed ledger technology’s (DLT) potential risks and opportunities. On 10 April 2017, the UK Financial Conduct Authority (FCA) published a discussion paper DP17/3 on DLT, and followed it with a speech at the Innovate Finance