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Regulators


Felix Hufeld, chief of Germany’s financial watchdog, has said blockchain technology is “revolutionary” and its applications could turn the entire financial sector “upside down.” Hufeld, who is president of the German Financial Supervisory Authority (BaFin), made the remarks during a speech at an event in Berlin last week in which he described the regulator’s thinking …

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An increasing number of countries are looking at the cryptocurrency space, with three national governments launching efforts to regulate and examine projects in the last two weeks. – with a particular focus on tax policy. As might be expected, some jurisdictions – especially in the Asian market – have moved to clarify the rules that …

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An official from one of China’s financial regulators argued at the “Two Sessions” conference in Beijing on Sunday that blockchains are better if not completely decentralized. Acting as a policy advisor at the Chinese People’s Political Consultative Conference this week, Zhang Ye, head of the technology unit at China’s Securities Regulatory Commission, encouraged the public …

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