• bitcoinBitcoin(BTC)$20,221.005.21%
    BITCOIN
    24H : 5.21%
    Volume : $19,189,602,209.00
    Marketcap : $386,197,660,099.00
  • ethereumEthereum(ETH)$1,146.316.78%
    ETHEREUM
    24H : 6.78%
    Volume : $14,129,303,478.00
    Marketcap : $137,159,797,916.00
  • tetherTether(USDT)$0.999-0.11%
    TETHER
    24H : -0.11%
    Volume : $49,210,908,068.00
    Marketcap : $66,067,163,829.00
  • usd-coinUSD Coin(USDC)$1.00-0.09%
    USD COIN
    24H : -0.09%
    Volume : $5,160,206,643.00
    Marketcap : $55,905,556,152.00
  • rippleXRP(XRP)$0.3271.08%
    XRP
    24H : 1.08%
    Volume : $949,909,710.00
    Marketcap : $15,817,682,811.00
  • cardanoCardano(ADA)$0.4642.47%
    CARDANO
    24H : 2.47%
    Volume : $827,221,360.00
    Marketcap : $15,695,445,265.00
  • dogecoinDogecoin(DOGE)$0.0692.35%
    DOGECOIN
    24H : 2.35%
    Volume : $303,259,102.00
    Marketcap : $9,218,425,708.00
  • daiDai(DAI)$1.000-0.17%
    DAI
    24H : -0.17%
    Volume : $211,098,809.00
    Marketcap : $6,443,119,826.00
  • tronTRON(TRX)$0.0682.25%
    TRON
    24H : 2.25%
    Volume : $613,942,387.00
    Marketcap : $6,313,393,954.00
  • leo-tokenLEO Token(LEO)$5.79-1.79%
    LEO TOKEN
    24H : -1.79%
    Volume : $1,887,226.00
    Marketcap : $5,413,457,807.00
  • litecoinLitecoin(LTC)$51.782.72%
    LITECOIN
    24H : 2.72%
    Volume : $376,556,334.00
    Marketcap : $3,657,999,388.00
  • okbOKB(OKB)$12.864.49%
    OKB
    24H : 4.49%
    Volume : $9,308,332.00
    Marketcap : $3,296,989,070.00
  • chainlinkChainlink(LINK)$6.373.63%
    CHAINLINK
    24H : 3.63%
    Volume : $419,666,784.00
    Marketcap : $2,977,288,781.00
  • crypto-com-chainCronos(CRO)$0.1184.40%
    CRONOS
    24H : 4.40%
    Volume : $18,794,081.00
    Marketcap : $2,976,005,969.00
  • stellarStellar(XLM)$0.1112.05%
    STELLAR
    24H : 2.05%
    Volume : $126,629,943.00
    Marketcap : $2,768,742,181.00
  • cosmosCosmos Hub(ATOM)$8.789.97%
    COSMOS HUB
    24H : 9.97%
    Volume : $452,474,328.00
    Marketcap : $2,571,152,088.00
  • moneroMonero(XMR)$123.155.27%
    MONERO
    24H : 5.27%
    Volume : $72,950,188.00
    Marketcap : $2,235,469,425.00
  • algorandAlgorand(ALGO)$0.3183.33%
    ALGORAND
    24H : 3.33%
    Volume : $70,635,650.00
    Marketcap : $2,218,554,360.00
  • ethereum-classicEthereum Classic(ETC)$15.303.94%
    ETHEREUM CLASSIC
    24H : 3.94%
    Volume : $120,116,707.00
    Marketcap : $2,074,273,197.00
  • bitcoin-cashBitcoin Cash(BCH)$106.881.85%
    BITCOIN CASH
    24H : 1.85%
    Volume : $530,535,128.00
    Marketcap : $2,042,857,129.00
  • vechainVeChain(VET)$0.0233.02%
    VECHAIN
    24H : 3.02%
    Volume : $106,157,154.00
    Marketcap : $1,676,716,286.00
  • tezosTezos(XTZ)$1.534.16%
    TEZOS
    24H : 4.16%
    Volume : $64,179,530.00
    Marketcap : $1,370,276,942.00
  • theta-tokenTheta Network(THETA)$1.253.75%
    THETA NETWORK
    24H : 3.75%
    Volume : $38,334,135.00
    Marketcap : $1,250,388,733.00
  • eosEOS(EOS)$0.9794.39%
    EOS
    24H : 4.39%
    Volume : $131,733,999.00
    Marketcap : $978,965,157.00
  • paxos-standardPax Dollar(USDP)$1.00-0.01%
    PAX DOLLAR
    24H : -0.01%
    Volume : $11,413,470.00
    Marketcap : $855,518,281.00
  • makerMaker(MKR)$945.155.09%
    MAKER
    24H : 5.09%
    Volume : $65,514,701.00
    Marketcap : $851,818,289.00
  • iotaIOTA(MIOTA)$0.2793.50%
    IOTA
    24H : 3.50%
    Volume : $10,900,078.00
    Marketcap : $774,813,965.00
  • zcashZcash(ZEC)$58.107.46%
    ZCASH
    24H : 7.46%
    Volume : $77,489,903.00
    Marketcap : $732,650,577.00
  • huobi-tokenHuobi(HT)$4.564.63%
    HUOBI
    24H : 4.63%
    Volume : $16,183,810.00
    Marketcap : $703,571,630.00
  • basic-attention-tokenBasic Attention(BAT)$0.4164.91%
    BASIC ATTENTION
    24H : 4.91%
    Volume : $68,514,489.00
    Marketcap : $623,935,283.00
  • wavesWaves(WAVES)$5.402.79%
    WAVES
    24H : 2.79%
    Volume : $229,338,751.00
    Marketcap : $540,975,266.00
  • dashDash(DASH)$44.173.51%
    DASH
    24H : 3.51%
    Volume : $74,537,271.00
    Marketcap : $477,252,841.00
  • nemNEM(XEM)$0.0420.290%
    NEM
    24H : 0.290%
    Volume : $20,966,213.00
    Marketcap : $374,966,071.00
  • decredDecred(DCR)$23.324.05%
    DECRED
    24H : 4.05%
    Volume : $860,734.00
    Marketcap : $330,209,936.00
  • qtumQtum(QTUM)$2.893.22%
    QTUM
    24H : 3.22%
    Volume : $33,254,341.00
    Marketcap : $300,486,335.00
  • bitcoin-goldBitcoin Gold(BTG)$15.983.54%
    BITCOIN GOLD
    24H : 3.54%
    Volume : $5,339,726.00
    Marketcap : $280,324,610.00
  • ravencoinRavencoin(RVN)$0.0232.10%
    RAVENCOIN
    24H : 2.10%
    Volume : $5,997,796.00
    Marketcap : $266,598,239.00
  • omisegoOMG Network(OMG)$1.872.70%
    OMG NETWORK
    24H : 2.70%
    Volume : $27,174,564.00
    Marketcap : $261,790,819.00
  • 0x0x(ZRX)$0.3022.64%
    0X
    24H : 2.64%
    Volume : $18,992,603.00
    Marketcap : $256,295,116.00
  • iconICON(ICX)$0.2973.00%
    ICON
    24H : 3.00%
    Volume : $6,071,666.00
    Marketcap : $232,001,006.00
  • ontologyOntology(ONT)$0.2402.48%
    ONTOLOGY
    24H : 2.48%
    Volume : $12,860,922.00
    Marketcap : $210,517,520.00
  • liskLisk(LSK)$1.062.44%
    LISK
    24H : 2.44%
    Volume : $3,122,341.00
    Marketcap : $153,471,278.00
  • augurAugur(REP)$8.101.60%
    AUGUR
    24H : 1.60%
    Volume : $7,453,892.00
    Marketcap : $61,370,571.00
  • bitcoin-diamondBitcoin Diamond(BCD)$0.1720.640%
    BITCOIN DIAMOND
    24H : 0.640%
    Volume : $289,937.00
    Marketcap : $32,305,271.00
  • bytomBytom(BTM)$0.0123.97%
    BYTOM
    24H : 3.97%
    Volume : $792,946.00
    Marketcap : $20,348,703.00
  • monacoinMonaCoin(MONA)$0.5100.880%
    MONACOIN
    24H : 0.880%
    Volume : $72,548.00
    Marketcap : $0.00
Cryptotelegraph
  • bitcoin
    Bitcoin
    $20,221.00
  • ethereum
    Ethereum
    $1,146.31
  • tether
    Tether
    $0.999
  • usd-coin
    USD Coin
    $1.00
  • binancecoin
    BNB
    $231.33
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us
    No Result
    View All Result
    Cryptotelegraph.com
    No Result
    View All Result
    Home News Crypto Technology

    Circle CEO: Global Cryptocurrency Regulation Needed for Industry to Advance

    Andy K by Andy K
    September 9, 2020
    in Crypto Technology
    Reading Time: 2 mins read
    15.4k 314
    0
    Circle CEO: Global Cryptocurrency Regulation Needed for Industry to Advance
    2.7k
    SHARES
    68.3k
    VIEWS
    Share on FacebookShare on Twitter

    Jeremy Allaire, the CEO of the Goldman Sachs-backed cryptocurrency startup, Circle, spoke about the importance of global cryptocurrency industry regulations during a recent interview in London.

    This sentiment has been echoed by many industry experts and leaders, who all believe that global regulation will be the next evolutionary step for the cryptocurrency markets.

    Allaire spoke about regulation during a recent Reuter’s interview, in which he detailed the level and quality of regulation the industry needs in order for continued growth, explaining that eventually “there needs to be normalization at the G20 level of critical crypto-related regulatory matters.”



    14 BTC & 95,000 Free Spins for every player, only in mBitcasino’s Exotic Crypto Paradise! Play Now!

    Allaire’s comments come amidst a growing movement from global regulators to begin cracking down on illicit cryptocurrency operations and fraudulent token offerings being offered under deceptive or untruthful claims.

    Allaire told Reuter’s that the recent actions being taken by the France-based Financial Action Task Force (FATF) to develop a global regulatory framework that define the laws surrounding cryptocurrencies and mandate strict regulations of cryptocurrency exchanges are a good start, but that further action is needed.

    Related articles

    No, Another $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

    No, Another $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

    September 16, 2020
    $183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

    $183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

    September 10, 2020

    He specifically believes that token issuers should be included in the regulatory framework, because there is a significant amount of fraud that surrounds ICO and token issuances.

    “When it comes to token offerings, how should they be treated? Which token offerings are securities, which are not? The trading venues – are they like spot commodity markets that need to have rules in place around market manipulation?”

    Regulatory Authorities Agree That Regulation is Needed

    Gary Gensler, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC) recently shared a similar sentiment to Allaire, explaining to Bloomberg that blockchain and DLT technology “has a real chance to be a catalyst for change in the world of finance,” but that global regulators need to “guard against illicit activity, and…need to protect investors.”

    Recently, there has been a lot of confusion in the United States regarding the classification of cryptocurrencies, mainly due to the significant differences underlying the multiple cryptocurrencies.

    The main regulatory issue is surrounding the classification of cryptos as either utility tokens or security tokens. Utility tokens, that are used purely as a tool or commodity and aren’t directly tied to a centralized party, would theoretically fall under the regulation of the CFTC, who is crypto-friendly, whereas security tokens (which are simply digital securities), would fall under the SEC’s jurisdiction.

    <div class="jeg_ad jeg_ad_article jnews_content_inline_3_ads

    Read More From Original Source

    Tags: circleCryptocurrencyGibraltarICOregulation
    Share1094Tweet684
    Andy K

    Andy K

    Andy is a former Forex Trader who got involved in the crypto industry early January 2013. Since then Andy has been writing about cryptocurrencies and blockchain technology within various online crypto news publications. He is also one of the main contributors to Cryptotelegraph.com

    Fun Fact : Despite other staff members helping themselves daily - Andy has a 'never-ending' container of 'Jelly beans' always sat on his desk, it's magic!

    Related Posts

    No, Another $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

    No, Another $1 Billion In Tether (USDT) Wasn’t Added To The Crypto Market Cap

    by Andy K
    September 16, 2020
    0

    This week, over $5 billion in Tether (USDT) was minted and added to the stablecoin’s circulating supply and market cap....

    $183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

    $183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks

    by Andy K
    September 10, 2020
    0

    A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was...

    Major Crypto Exchange Kraken Has Not Delisted US Dollars, CEO Clarifies

    Major Crypto Exchange Kraken Has Not Delisted US Dollars, CEO Clarifies

    by Andy K
    September 10, 2020
    0

    On October 21, rumors around major US-based crypto exchange Kraken surfaced, as traders claimed that they could no longer see...

    Binance CEO: What Happens if Fidelity Allocates 5% of its Portfolio in Crypto

    Binance CEO: What Happens if Fidelity Allocates 5% of its Portfolio in Crypto

    by Andy K
    September 10, 2020
    0

    To emphasize the importance of attracting institutional investors to the crypto world, the CEO of Binance, Changpeng Zhao, recently tweeted...

    Irish Presidential Hopeful Gavin Duffy Has Identity Used Again by Crypto Scammers

    Irish Presidential Hopeful Gavin Duffy Has Identity Used Again by Crypto Scammers

    by Andy K
    September 10, 2020
    0

    Dragon’s Den entrepreneur and Irish Presidential candidate, Gavin Duffy, has once again had his identity used by a cryptocurrency scam....

    Load More

    Discussion about this post

    Partners

    Crypto Prices

    bitcoin Bitcoin
    $20,221.00
    $20,221.00
    EUR: €19,392.38
    GBP: £16,701.82
    7D Chart5.21%
    ethereum Ethereum
    $1,146.31
    $1,146.31
    EUR: €1,099.34
    GBP: £946.81
    7D Chart6.78%
    tether Tether
    $0.999
    $0.999
    EUR: €0.958
    GBP: £0.825
    7D Chart-0.11%
    usd-coin USD Coin
    $1.00
    $1.00
    EUR: €0.960
    GBP: £0.827
    7D Chart-0.09%
    binancecoin BNB
    $231.33
    $231.33
    EUR: €221.85
    GBP: £191.07
    7D Chart5.82%
    ripple XRP
    $0.327
    $0.327
    EUR: €0.314
    GBP: £0.270
    7D Chart1.08%
    cardano Cardano
    $0.464
    $0.464
    EUR: €0.445
    GBP: £0.384
    7D Chart2.47%
    polkadot Polkadot
    $7.13
    $7.13
    EUR: €6.84
    GBP: £5.89
    7D Chart4.36%
    wrapped-bitcoin Wrapped Bitcoin
    $20,236.00
    $20,236.00
    EUR: €19,406.77
    GBP: £16,714.21
    7D Chart5.29%
    litecoin Litecoin
    $51.78
    $51.78
    EUR: €49.66
    GBP: £42.77
    7D Chart2.72%
    chainlink Chainlink
    $6.37
    $6.37
    EUR: €6.11
    GBP: £5.26
    7D Chart3.63%
    stellar Stellar
    $0.111
    $0.111
    EUR: €0.106
    GBP: £0.091
    7D Chart2.05%
    uniswap Uniswap
    $5.29
    $5.29
    EUR: €5.07
    GBP: £4.37
    7D Chart8.13%
    monero Monero
    $123.15
    $123.15
    EUR: €118.10
    GBP: £101.72
    7D Chart5.27%
    bitcoin-cash Bitcoin Cash
    $106.88
    $106.88
    EUR: €102.50
    GBP: £88.28
    7D Chart1.85%
    tezos Tezos
    $1.53
    $1.53
    EUR: €1.47
    GBP: £1.26
    7D Chart4.16%
    bitcoin-cash-sv Bitcoin SV
    $55.29
    $55.29
    EUR: €53.02
    GBP: £45.67
    7D Chart4.89%
    eos EOS
    $0.979
    $0.979
    EUR: €0.939
    GBP: £0.808
    7D Chart4.39%
    aave Aave
    $62.69
    $62.69
    EUR: €60.12
    GBP: £51.78
    7D Chart5.80%
    havven Synthetix Network
    $2.77
    $2.77
    EUR: €2.66
    GBP: £2.29
    7D Chart9.03%
    • Trending
    • Comments
    • Latest
    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

    March 14, 2020
    Blockchain unconfirmed transaction hack 100% Working! New proof!

    Blockchain unconfirmed transaction hack 100% Working! New proof!

    March 13, 2020
    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

    February 11, 2020
    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

    March 31, 2020
    Ripple XRP Token

    Ripple and XRP – The Convoluted Truth Behind XRP’s Creation

    0
    Bitcoin cash hard fork. BitcoinCash Hard fork (BCH Hard fork)

    Bitcoin Cash ‘hard fork’ What you need to know about it

    0
    Crytotelegraph - Crypto News & Reviews - Bitcoin & Altcoins

    Bitcoin price news: 10 year forecast shows bitcoin ‘WON’T DIE’ Latest BTC prediction

    0
    BAKKT Futures: BAKKT Warehouse & Bitcoin Exchange

    Will Bakkt Send Bitcoin’s price skyrocketing?

    0
    TA: Ethereum Close Below $1K Could Spark Larger Degree Downtrend

    TA: Ethereum Close Below $1K Could Spark Larger Degree Downtrend

    July 4, 2022
    Blue Chip NFTs 101: The World Of Women Collection, Including And Conquering

    Blue Chip NFTs 101: The World Of Women Collection, Including And Conquering

    July 3, 2022
    Fintech-Ideas Brings Blockchain Functionality to Its Range of Platforms

    Fintech-Ideas Brings Blockchain Functionality to Its Range of Platforms

    July 3, 2022
    How Real Estate Could Be a Safe Haven During a Crypto Winter

    How Real Estate Could Be a Safe Haven During a Crypto Winter

    July 3, 2022

    Cryptotelegraph.com




    The Cryptotelegraph is a Crypto News Magazine ‘Startup’ that hunts high and low to compile the very latest crypto news and reviews from around the web, whilst at the same time producing thought provoking articles and interpretations surrounding the cryptocurrency market today!


    Read More





    Disclaimer

    Information found on Cryptotelegraph is those of referring websites (or) writers quoted. It does not represent the opinions of Cryptotelegraph on whether or not to buy, trade, sell or hold any investments. You are advised to conduct your own research before making any investment decisions. Use all provided information at your own risk. Full disclaimer.

    Crypto News

    TA: Ethereum Close Below $1K Could Spark Larger Degree Downtrend

    Blue Chip NFTs 101: The World Of Women Collection, Including And Conquering

    Fintech-Ideas Brings Blockchain Functionality to Its Range of Platforms

    How Real Estate Could Be a Safe Haven During a Crypto Winter

    USDC Exchange Reserves Rise As Investors Escape From Bitcoin

    Why Rich Dad, Poor Dad Author Will Wait For Bitcoin To Drop To $1,100 Before Buying More

    Donations Welcome




    Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzq

    Ethereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816

    Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7d

    Litecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW





    © Copyrights 2017 - 2021 Cryptotelegraph.com. All Rights Reserved.

    Contact    About    Privacy & Cookie Policy

    No Result
    View All Result
    • News
      • Bitcoin News
      • Ethereum News
      • Crypto News
      • Crypto Technology
      • Analysis
      • Blockchain News
      • Industry News
      • NFTs
      • ICO News
      • Press Releases
    • Market Cap
    • Exchanges
    • ICOs
    • Videos
      • Bitcoin Videos
      • Ethereum Videos
      • Altcoin Videos
      • Blockchain Videos
      • ICO Videos
    • Submit Press Release
      • Read Press Releases
    • Contact Us

    © Cryptotelegraph.com

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.