Shorting og Margin Selling in Critique: Den Regulatory

In Thailand there are prospects for a Bitcoin exchange for institutional investors. The launch of the Bakkt Futures is currently coming, while in Bermuda, the first regulated Exchange emerges. In addition, Canada is hunting for short trading. The regulatory Echo.

Again just boiled and not noticed, what happened in the regulation of Bitcoin, Altcoins and all that belongs to it? Never mind. Here's the regulatory ECHO.

Stock Exchange of Thailand: Bitcoin exchange for institutional investors comes in 2020

In Thailand, the securities exchange SET is working on an approach to fully regulate Bitcoin & Co. For this one plans further a trading platform. If things go well, the exchange will start soon. The Bitcoin exchange for institutional investors is expected to come in 2020.

Bakkt: Bitcoin Futures will not start this quarter

This is a small setback for fans of futures contracts for cryptocurrencies: The highly anticipated Bitcoin futures from the house Bakkt should not come this quarter. That does not mean that they will be canceled. More on this? Right this way.

Bermuda allows first bitcoin exchange

News from Bermuda. Cryptoninja Crypto magazine reports that the first stock exchange, Omega One, is now authorized to trade cryptocurrencies in the UK overseas territory. Above all, the company is aimed at institutional investors who are to flush "big money" into the system.

Canada is considering banning short trading and margin selling

Traders in Canada may need to shorten soon. For example, the government is considering making short trading and margin selling illegal on Bitcoin exchanges. To this end, the authorities submitted a bill last week. It says:

"Although DLT can provide benefits, global incidents point to cryptosystems that are at an increased risk of loss and theft compared to other assets. [...] To reduce the risk of potentially manipulative or misleading activity in the short term, we suggest that platforms do not allow dark trading or short selling or extend the margin to their participants."

Japan wants to tighten the regulatory belt

Japan also wants to defend itself against margin trading. As you can see from the local news page Nikkei Reports, the focus here is on "virtual currency trading", ie crypto-trading.

"The Cabinet approved draft amendments to Japan's financial instruments and payment services laws on Friday that would limit leverage in virtual foreign exchange trading to two to four times the initial deposits. The new limits are in line with the standards and are comparable to those in forex trading."

Switzerland: National Council wants regulation

It was close. But with 93 to 88 votes, the Swiss government or the National Council decided for an early full regulation of Bitcoin, Altcoins and other crypto currencies:

"The Federal Council wants to send in the spring proposals for the regulation of crypto currencies like Bitcoin in the consultation. Finance Minister Ueli Maurer said Wednesday in the National Council. Nevertheless, the Council adopted an initiative."

The past development in the Alpine country suggests: It will not be too restrictive.