Usamos cookies propias y de terceros para mejorar la navegación y mostrar publicidad personalizada según su navegación. Si continua navegando consideramos que acepta nuestra política de cookies.
Register your Blog
( What is this? )
I Home I More views Today I Crypto TV I Crypto currency I Crypto Charts I xxx I xxx I Register your Blog I

UK Regulator: Utility Tokens Are Not Subject to Securities Laws

Mons News
Add to Flipboard Magazine. Fuente: news-bitcoin - View all news from this site
UK Regulator: Utility Tokens Are Not Subject to Securities Laws UK Regulator: Utility Tokens Are Not Subject to Securities Laws

UK Regulator: Utility Tokens Are Not Subject to Securities Laws

Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year. It’s also clarified that cryptocurrencies and utility tokens are not securities.

Also Read: Launches New Educational Resource With BCH Report
FCA Consults on Cryptoassets Guidance
On Jan. 23, the U.K.?s Financial Conduct Authority (FCA) made public its guidlines on crypto assets. Once finalized, the document will set out the scope of activities it regulates in the field. The guidance is meant to help firms understand whether their activities fall under FCA regulation and comes in response to the industry?s request for greater clarity.

Christopher Woolard, executive director of Strategy and Competition at the FCA, commented: ?This is a small but growing market and we want both industry and consumers to be clear what is regulated, and what isn?t. This is vital if consumers are to know what protections they?ll benefit from and in ensuring we have a market functioning as it should.?
Banning the Sale of Crypto Derivatives
The regulator notes that while crypto assets ?have the potential to bring benefits to markets, firms and consumers, there remains considerable risks to markets and consumers.? So later this year the FCA will consult the public on banning the sale of derivatives linked to certain types of crypto assets to retail investors. The U.K. government is also planning to consult on whether to expand the regulatory perimeter to include further crypto asset activities.
Leveraged derivatives based on cryptocurrencies, like Contracts for Differences (CFDs) and futures carry a high risk of loss due to volatility and the impact of fees such as financing costs and spreads, the document explains. They can also be difficult to value due to a lack of transparency in the price formation of the underlying assets, claims the FCA.
Differentiating Utility Tokens From Securities
Another topic discussed in the guidance paper, of specific importance to projects pursuing Initial Coin Offerings (ICOs), is how the regulator determines which instruments fall under its jurisdiction. The current FCA position on this subject, as expressed in the document, is that unlike security tokens, cryptocurrencies and utility tokens do not constitute regulated securities.
Entrance to FCA building
The regulator defines security tokens as those that have similar characteristics to traditional instruments like shares, debentures or units in a collective investment scheme. The FCA clarifies: ?Security tokens are the type of crypto asset which falls within the regulatory perimeter.?
In contrast, utility tokens are defined as those that provide consumers with access to a current or prospective service or product and often grant rights similar to pre-payment vouchers. ?As utility tokens do not typically exhibit features t...
article seen
times, this week
UK Regulator: Utility Tokens Are Not Subject to Securities Laws UK Regulator: Utility Tokens Are Not Subject to Securities Laws

Fuente de la noticia: news-bitcoin
Fecha de publicación: 24-01-2019 21:16
visto: 17

Si te gusto esta noticia puede que te interesen estas..

Recommended Video section of our Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos - Watch More Videos in Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Go TO TV Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Si te gusto esta noticia puede que te interesen estas..

LedgerX Places Founders on Administrative Leave After Tussle

LedgerX CEO and COO Paul and Juthica Chou have been "placed on administrative leave" by the company, with DTCC vice chairman Larry Thompson filling in ...
09-12-2019 21:17

Cryptojacking Malware Devs Sentenced to 20 Years in Prison

Two members of Romanian hacker gang Bayrob Group were sentenced to two decades in prison after their malware mined crypto on 400,000 infected computer ...
09-12-2019 21:17

MARKETS DAILY: 2020 Could See First Central Bank Digital Cur

With today\'s markets mostly down, we\'re talking bitcoin\'s first golden cross in more than three years, CBDCs and a behind-the-scenes look at Telegr ...
09-12-2019 21:17

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Cla

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphi ...
09-12-2019 21:17

Developer Flags Big-Money Loophole for Stealing All the ETH

An ethereum developer has flagged an attack on MakerDAO that could turn $20 million of MKR into $300 million of ETH. ...
09-12-2019 21:17

Bakkt Goes Live With Options, Cash-Settled Futures Products

Bakkt?s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts. ...
09-12-2019 21:17

Brazilian Police Bust Alleged Crypto Fraud That Cost Investo

Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals. ...
09-12-2019 21:17

The Safello Story: Smaller Crypto Exchanges Must Partner to

In the dog-eat-dog world of cryptocurrency exchanges, smaller startups that don?t attract the volume of megaliths like Binance, Coinbase and Kraken mu ...
09-12-2019 21:17

Crypto Exchange OKEx Launching Options Trading Later This Mo

The Malta-based exchange is adding cryptocurrency options to its existing offerings during the winter holiday. ...
09-12-2019 21:17

China’s Central Bank Likely to Pilot Digital Currency

The People\'s Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year. ...
09-12-2019 21:17

Stellar’s Version of Bitcoin’s Lightning Torch H

The Stellar blockchain has been running its own version of bitcoin\'s Lightning Torch since the summer. ...
09-12-2019 21:17

10 Key Things to Consider When Choosing a Crypto Exchange

Evaluating crypto trading platforms can be difficult so here are 10 things to consider when searching for the right exchange for investing and trading ...
09-12-2019 21:17

Binance Futures Hits $2.7B All-Time High as Firm Adds Future

Binance rolls out BTC and ETH futures trading on iOS as its futures platform hits an ATH of $2.7 billion ...
09-12-2019 21:17

Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV

A handful of altcoins could offer lucrative buying opportunities if Bitcoin continues to lead the market higher ...
09-12-2019 21:17

A Reality Check: Blockchain and DLT in International Trade

Would blockchain help to bring global trade to a digital era" An overview of a new TFG?, WTO? and ICC?s study ...
09-12-2019 21:17

US SEC Seeks to Reopen Case Against Bitcoin Fraudster, Seeks

The U.S. SEC is seeking to reopen a case against a Bitcoin fraudster in order to extract monetary penalties ...
09-12-2019 21:17

Bitcoin Price Fills $7.5K Futures ?Gap? as Trader Weighs $8K

?Boring? Bitcoin price performance could nonetheless form the basis for a march to $8K, says Cointelegraph analyst ...
09-12-2019 21:17

Japan?s 2nd-Largest Utility Trials Blockchain for Renewable

Japan?s second-largest power utility is extending its trial of a blockchain system for trading renewable energy certificates ...
09-12-2019 21:17

China?s Central Bank to Lead Real-World Pilot of Digital Yua

Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities ...
09-12-2019 21:17

South Korea: Gov?t Seeks to Tax Crypto Transactions as Capit

Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea?s Ministry of Economy and Finance has confirm ...
09-12-2019 21:17

No More Bitcoin for Nordea Bank Employees, Experts Question

Lay attorneys are puzzled by Nordea?s BTC ban: ?They are within their rights, but to prohibit every single employee from trading cryptocurrencies [... ...
09-12-2019 21:17

Ethereum Hard Fork Live, Stolen ETH Moved, ?Hodlers Are Insa

In this week?s Hodler?s Digest, Ethereum completes the Istanbul hard fork, stolen ETH worth millions is moved to unknown wallets, and why some hodlers ...
09-12-2019 21:17

Sorry ? But Bitcoin Can Still Drop to $2.7K While Everyone?s

Despite Bitcoin?s slow upward price movement, higher time frames suggest new lows may be in store for Bitcoin ...
09-12-2019 21:17

What the Patriots’ Rare Loss to the Chiefs Proves Abou

The Chiefs ended the Patriots\' home winning streak on Sunday. With New England finally looking mortal, the AFC is truly up for grabs. The post What t ...
09-12-2019 21:17

Minecraft Cross-Play Finally Comes to PS4 – This Is Wh

Minecraft cross-play is finally launching for PS4. Here\'s why it took so long - and who gamers should blame for the two-year delay. The post Minecraf ...
09-12-2019 21:17

Is Relegation the Bitter Medicine Arsenal F.C. Need to Swall

The threat of relegation is looming over Arsenal F.C. but it may be just what the club needs for a renaissance. The post Is Relegation the Bitter Medi ...
09-12-2019 21:17

5 Reasons Why the Dow Slipped Below 28,000 Today

Here are five reasons why the Dow Jones slipped below 28,000 today, trailing the broader stock market (which was already in decline). The post 5 Reaso ...
09-12-2019 21:17

3 Reasons Why the Dow’s Bull Run Won’t Cool Desp

Even if the U.S. impose tariffs on Dec. 15, Kevin O\'Leary says markets won?t react as badly. Here are the reasons why. The post 3 Reasons Why the Do ...
09-12-2019 21:17

How the Patriots Can Upgrade at Wide Receiver – Withou

The Patriots desperately need to give Tom Brady help at wide receiver. Here\'s how they can do just that - without caving to you-know-who. The post Ho ...
09-12-2019 21:17

Snoop Dogg’s Bizarre NHL 20 Cameo Exposes EA’s W

While the addition of Snoop Doog adds a bit of flair to the tired NHL 20 franchise, it says a whole lot more about where EA\'s priorities lie. The pos ...
09-12-2019 21:17

Elder Scrolls Legends Proves ‘Free’ Online-Only

The Elder Scrolls Legends is going down the pan and it just goes to show why you shouldn\'t get too invested in any online free-to-play game. The post ...
09-12-2019 21:17

Chase Young Boasts Ohio State Is the Best Team in the CFP?Is

Chase Young wasted no time throwing down the gauntlet after Ohio State\'s win over Wisconsin by declaring the Buckeyes the best in the nation. The pos ...
09-12-2019 21:17

Dow Wavers Because the Fed Won?t Rescue Wall Street from Tru

The Dow wavered because this week\'s Fed meeting won\'t save the stock market from Trump\'s dangerous tariff gambit. The post Dow Wavers Because the F ...
09-12-2019 21:17

Was the November Jobs Report Manipulated"

The November jobs report may have pleased the media and the Wall Street but it wasn\'t as good as the headline number suggests. The post Was the Novem ...
09-12-2019 21:17

Ignorant Wealth Manager Says Bitcoin Collapse Is Imminent; H

Executive is calling for the collapse of bitcoin. He believes that BTC will follow the footsteps of Blackberry & Lycos. Here\'s why he\'s wrong. The p ...
09-12-2019 21:17

Alpha Mining Project Set To Become Largest Crypto Mine In No

China accounts for over 60% of global Bitcoin mining, but a new… The post Alpha Mining Project Set To Become Largest Crypto Mine In North America ap ...
09-12-2019 21:17

Moonshot Bitcoin Price Trigger Needs Halving and 2020 Global

Bitcoin has succumbed to selling pressure as of late. However, many analysts… The post Moonshot Bitcoin Price Trigger Needs Halving and 2020 Global ...
09-12-2019 21:17

This Campaign is Rewarding UK’s Gamer-Voters with Free

The general election of 2019 is getting closer and closer. Many are… The post This Campaign is Rewarding UK’s Gamer-Voters with Free Blockbuster G ...
09-12-2019 21:17

Dow Futures Suffer Monday Blues Ahead of Critical Trade Dead

Trump could be digging in for a longer trade war with China.… The post Dow Futures Suffer Monday Blues Ahead of Critical Trade Deadline appeared fir ...
09-12-2019 21:17

Game Awards’ Fake Trailer Confusingly Hypes ‘Gam

The Game Awards take place this Thurs. Dec. 12. Host Geoff Keighley… The post Game Awards’ Fake Trailer Confusingly Hypes ‘Gaming’s Biggest Ni ...
09-12-2019 21:17


Crypto currency
Crypto Charts


Would you like your blog and posts leave here?



News most viewed Today

The Crypto Anarchist Manifesto

The Crypto Anarchist Manifesto

A specter is haunting the modern world, the specter of crypto anarchy. Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may... -
Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto

Buy Presents or a Christmas Trip Using Gift C...

Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and... -
Bitcoin Usage in Nigeria Surging Despite Govt. Caveats

Bitcoin Usage in Nigeria Surging Despite Govt...

The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care.  Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The... -
Ethurem Opening Biggest ICO and Announcing Master and Visa Prepaid Card to Withdrawal Cash

Ethurem Opening Biggest ICO and Announcing Ma...

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn?t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges... -
Bithumb Quashes Shanghai Office Closure Rumors After Binance Denial

Bithumb Quashes Shanghai Office Closure Rumor...

Crypto exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices -
Ripple Welcomes New Employee While Being Docked on LinkedIn

Ripple Welcomes New Employee While Being Dock...

Ripple is bringing Ron Hammond, a Washington D.C.-based lawyer, onboard to manage its government relations department. Ripple Brings Aboard a New Face Prior to his entering the crypto space, Hammond was a political advisor and legislative... -
Amazon’s Insane PS Plus Deal Will Stack You up Beyond PlayStation 5

Amazon’s Insane PS Plus Deal Will Stack...

Amazon selling 12-month PS Plus membership for less than $25.00. That’s half the usual list price and the lowest we’ve seen it. Stocking up now lines up subscribers for the PlayStation 5 launch and beyond. It looks like the Black Friday deals... -
Off-Exchange or OTC Crypto Trades Now Available on Gemini Clearing

Off-Exchange or OTC Crypto Trades Now Availab...

Traders can negotiate off-exchange or OTC crypto trades on Gemini?s new settlement product Gemini Clearing -
JPMorgan Automates Derivatives Margin Payments With Blockchain Tech

JPMorgan Automates Derivatives Margin Payment...

JPMorgan has developed a new blockchain-based solution designed to speed up cash and collateral transfers -
Israeli BTC Investors Can?t Pay Taxes as Banks Refuse Deposit

Israeli BTC Investors Can?t Pay Taxes as Bank...

Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading -

More Blogs

- English ------------------------------
Interior Design & Decoration facebook twitter facebook twitter facebook twitter
Food & Recipes facebook twitter facebook twitter facebook twitter
thevegetarianrecipesclub facebook twitter
Motor facebook twitter facebook twitter
Luxury facebook twitter

beauty & Cosmetics facebook twitter facebook twitter facebook twitter facebook twitter
Healt&Fitness facebook twitter
Weddings facebook twitter
Moms & Babies facebook twitter facebook twitter
Iphone & Android twitter
Fashion & Style facebook twitter
Travel facebook twitter facebook twitter
Fragrance facebook twitter
Architecture facebook twitter facebook twitter
--- Español ---------------------------------
Fashion & Blogs facebook twitter
Recetas facebook twitter facebook twitter facebook  
Decoracion facebook twitter facebook twitter
Bodas twitter
Belleza facebook twitter facebook twitter


Motor facebook twitter facebook twitter
Salud facebook twitter facebook twitter
Viajes facebook twitter facebook twitter
TV-cine twitter
Corazon twitter
Libros twitter
Madres facebook twitter
Mac Android facebook twitter
Lujo facebook