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Blockchain

This category contains 11 posts

Crypto and blockchain update – regulatory developments and many blockchain initiatives

There have been many developments in the crypto currency and blockchain world since our last post on the topic (see here). Crypto currency developments The European Central Bank (ECB) has stated that banks engaging in crypto activity should segregate it from other parts of the bank, according to this article on the Reuters web site.  … Continue reading

Crypto and blockchain update – FCA issues guidance

There have been quite a few updates regarding the regulation of crypto currencies since our last post (see here), as well as in the blockchain world in general. Crypto currency regulation The FCA last week issued this statement on crypto currencies. It states that while the FCA do not consider cryptos themselves to be currencies … Continue reading

Blockchain and crypto update – initiatives progress but some stall

There have been quite a few developments in the blockchain and crypto currency world since our last post on the topic (see here). Blockchain initiatives BTL has announced here that their “Interbit” chain joining platform will be test launched on 23rd April. This article on the Platts web site discusses its application in energy trading, … Continue reading

Blockchain developments – initiatives, legal applicability and rules

The world of blockchain use and crypto currency regulatory developments continues at a fast pace, in the energy and financial worlds, with many developments since our last post (see here). Energy initiatives On the energy side of things, Endessa and Gas Natural Fenosa announced here that they have completed an energy trade on EnerChain. This will … Continue reading

The FCA’s Regtech Call for Input

The UK’s Financial Conduct Authority yesterday issued a “call for input” on “Using technology to achieve smarter regulatory reporting”, which can be found here. The paper describes a “Techsprint” which took place in November 2017, at which various parties undertook a proof of concept on “machine executable” rules and regulatory reporting. Under such a scheme, … Continue reading

Blockchain and Crypto regulatory update: ICOs, political comments and more

There have been many announcements and stories around the regulatory side of blockchain use since our last post (see here): ICOs Finma, the financial regulator of Switzerland has issued these guidelines on the regulatory framework around Initial Coin Offerings(ICO). The guidelines categorise the tokens arising from ICOs into “Payment”, “Utility” and “Asset” tokens. In general … Continue reading

Blockchain and crypto update: Schemes and rules

News on crypto currencies, and other applications of distributed ledger technology, continues to arrive, following our last post here: On the crypto currency side of things, Nasdaq is now considering issuing bitcoin futures, according to remarks by CEO Adena Friedman reported here on Fox Business. However, more potential is seen is other uses of blockchain … Continue reading

Blockchain updates: Initiatives and warnings

With new blockchain initiatives being frequently announced, for example this one reported on FT.com in agricultural commodities, or even this UN backed initiative to “help fight climate change” reported here on Coindesk, there is much to discuss since last week’s post here. This article on Forbes looks at the extension of the BTL initiative from … Continue reading

Blockchain and Crypto update – Regulators, manipulation and more

Following our introductory “blockchain” post last week (see here), there have been several developments in the sector: The recent drop in the Bitcoin price has been widely reported, for example here on The Independent’s web site. This is attributed by some to statements from regulators about the future oversight of crypto currencies. For example, the … Continue reading

Blockchains, crypto currencies, ICOs – regulatory angles

The use of “blockchain” technology, which supports crypto currencies such as the bitcoin, is being widely considered and reported, with many pilots and in some cases actual use in flight. The future use of such technology is hotly debated, from those whose view is that they will “change the world” to the opposite, with some … Continue reading