EU Markets Regulator Budgets €1.1 Million to Monitor Cryptos, Fintech
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The EU’s financial markets watchdog is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities in 2019.
Category: EU
EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators
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An EU study claims that the international nature of the cryptocurrency markets is a challenge for European regulators because many players, especially miners, are outside their reach. The researchers also expect that bank-issued coins could reshape the balance of power among cryptos, with commercial banks using underhanded tactics to stifle the competition. Also Read: The…
SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”
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Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into…
