Government official says Hong Kong will continue to regard cryptocurrencies as commodities, won’t legitimise through regulation.
Haruhiko Kuroda says global IT platform providers could pose systemic risk through holding vast amounts of data, adds to warnings on algo contagion.
Chief executive says some systemically important CCPs could be forced to move to Europe, fragmenting liquidity and raising costs.
Distributed ledger trial will form basis of technology architecture, software functions and development standards to underpin markets.
Summit to include ‘codeathon’, with 80 participants demonstrating new digital tools and ideas to address the challenge of terrorist financing.
Petitioner says central bank, securities regulator refusing to take responsibility for bitcoin regulation by not defining as currency or commodity
MAS executive director says ICOs could be an example for securities markets; Malaysia to consider secondary market for digital assets.
Calls for EU wide deposit insurance are supposed to herald banking union. But regulatory enforcement, national policies and financial technology stand in the way.
Commercial and central banks are urgently trying to vault ahead of bitcoin, fearful the technology could overtake them.
Xinhua says authorities will introduce a licensing programme and stricter AML rules for cryptocurrency exchanges; ICOs also to become regulated.
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