RegulationsDennis Sahlstrom

CFTC Chairman Crypto Regulation Automated with Distributed Ledger Tech (DLT)
Regulations
CFTC Chairman: Crypto Regulation Automated with Distributed Ledger Tech (DLT)
Technology will never stop evolving, and fintech continues to reimagine new business models. According to recent news, a high-profile financial regulator believes distributed ledger technology (DLT) can enforce laws more effectively. A new era of regulation Christopher Giancarlo is a chairman of the US Commodity Futures Trading Commission (CFTC). He explained how distributed ledger technology (DLT) could automate regulation for derivative markets. He shared his thought while speaking at the D.C. Fintech…
US Midterms Pro-Crypto Governors Succeed in 3 States
Regulations
US Midterms: Pro-Crypto Governors Succeed in 3 States
The US midterm elections saw 3 lawmakers elected to the role of governor in three states, as well as 2 maintaining their positions. The US midterms saw upsets in the balance of power as the democratic party won 28 seats in the House of Representatives, giving them a majority and potentially allowing them to block more of Donald Trump’s policies and even opening the possibility of impeaching the president. As…
South Korea: Refusal of Banking Services to Crypto Exchange Ruled Unlawful, Must be Reversed
Regulations
South Korea: Refusal of Banking Services to Crypto Exchange Ruled Unlawful, Must be Reversed
Judges in South Korea have ruled that the refusal of banking services to a cryptocurrency exchange by one of the country’s commercial banks was unlawful and cannot be upheld, in a significant ruling which sees the continued erosion of blocks by traditional financial institutions to crypto firms. One obstacle crypto firms have faced worldwide in growing an infrastructure for this still-nascent payment class, is that of traditional finance, which has…
Ukraine to Legalise and Regulate Cryptocurrencies
Regulations
Ukraine to Legalise and Regulate Cryptocurrencies
The Ukrainian government confirmed their plans to establish a regulation to legalize cryptos in the region, according to an official statement. The Ministry of Economic Development and trade have initiated a state policy in the field of digital assets. The purpose is to create a regulatory framework and clear conditions for how digital assets can be used in Ukraine. This new policy will be put in full effect by the…