Like regulators in a number of countries, the Philippines SEC has been increasing
its oversight over cryptocurrency related investments recently, following a cease - and - desist order it issued to an initial coin offering in January.
The FMA would have
oversight over cryptocurrency exchanges.
The on - site inspection reported today comes as the first instance in which regulators in Japan have taken
oversight over cryptocurrency exchanges to a physical level for investor protection.
Not exact matches
The Commodity Futures Trading Committee (CFTC) is moving to address industry - wide concerns
over its
oversight responsibilities for
cryptocurrencies, the burgeoning asset class that has quickly moved...
To strengthen
oversight, the FSA is expected to expand inspections to all
cryptocurrency exchanges in the country
over the next few months, according to a source familiar with the plan.
How
over the span of a few short years the
cryptocurrency startup landscape (un) intentionally reinvented the same type of intermediaries, custodians, and depository - like structures that the original creator (s) of Bitcoin wanted to route around but... setup without the
oversight, assurances, and accountability you would find required in the traditional brick - and - mortar world.
At the very least, it's important to be aware that where other
cryptocurrencies give the owners near - complete control
over their coins — as long as you use the right wallet - type — Ripple has much greater
oversight and middle - man control.
Reuters reports that Zaif's operator had previously faced system checks after Coincheck Inc. allowed $ 530 million in
cryptocurrency to be stolen from their coffers by cybercriminals, sparking concern
over the security of registered exchanges nationwide — as well as the quality of Japan's regulatory
oversight.