Regulations Round-Up: MAS Official Says Tokens Aren't Securities, SEC on Bookkeeping Obligations

in #dlike6 years ago

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In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering, the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies, and the head of Abu Dhabi’s financial regulator has called on international legislators to “properly regulate” the cryptocurrency industries in order to facilitate greater market participation from mainstream institutions.


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Malta regulator is most advanced in this field of regulation.

I am not hopeless after this heard. I believe that today is not but tomorrow or day after tomorrow crypto will be recognize. because it is people demands. people wants freedom movements. so..................

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