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Regulatory Update Webinar
In our ongoing commitment to keep you informed about the latest regulatory updates, SolutionsHub is pleased to announce an upcoming webinar. This event is hosted by the Isle of Man Financial Services Authority. The webinar is part of the Authority’s continuous efforts to engage with and support designated businesses. It provides them with necessary tools […]
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Crypto Trading: UK Suggests Gambling Regulation
In a House of Commons Treasury Committee report titled “Regulating Crypto”, the UK Treasury Committee has provided analysis of the crypto landscape, acknowledging both the potential benefits and risks of cryptoassets. However, the contents may concern many in both the crypto and gambling industries, particularly regarding crypto trading. Promise of Cryptoassets The report highlights the […]
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Introduction to Indirect Banking in the Crypto Industry
Esteban Gamboa, Senior Compliance Officer for SolutionsHub, discusses the role, benefits, and challenges of banking intermediaries for the crypto sector. The sector has encountered substantial obstacles in accessing conventional banking services. Regulators warnings and failures have made many banks hesitant to collaborate with cryptocurrency clients. However, some intermediaries have emerged to assist, enabling banking services […]
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Unraveling the EU’s MiCA Regulation: Implications and Impact on Crypto-Asset Service Providers
The European Union (EU) is on the cusp of adopting some of the most comprehensive and far-reaching regulations related to crypto-assets. The proposed Markets in Crypto-Assets Regulation (MiCA) could potentially set the standard for other jurisdictions across the globe. Presented by the European Commission in 2020, MiCA is part of a more extensive digital finance […]
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EU Parliament Paves the Way for Groundbreaking Crypto Legislation, MiCA, to Launch in 2024
The European Union (EU) Parliament has approved the pioneering Markets in Crypto-Assets (MiCA) regulation in a 517-38 vote, making it the first major jurisdiction to establish a comprehensive crypto law. Additionally, the EU Parliament voted 529-29 in favor of the Transfer of Funds regulation, a separate law that requires crypto operators to identify their customers, […]
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UK Regulating Crypto: Safeguarding Investors and Promoting Growth
In the shadow of the decision by the U.K. Treasury to halt the release of a government-backed non-fungible token (NFT), the Government plans to promote and regulate the cryptocurrency industry are still moving forward. The Financial Services and Markets Act amendment, which will enable the Financial Conduct Authority (FCA) to regulate crypto firms under the existing promotions law […]
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IEO vs ICO: What is the difference and why do crypto investors need to know?
The US Securities and Exchange Commission (SEC) has finally spoken up to share its views on Initial Exchange Offerings (IEOs). Despite the insistence of many IEO providers that sales are different to Initial Coin Offerings (ICOs), the SEC said on crypto investors should still proceed with caution. In a notice published on Tuesday, January 14, […]
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FCA update, Facebook Libra and a hint for the future of crypto
The introduction of Facebook Libra has increased the pressure on regulators to take a closer look at cryptocurrencies, according to SolutionsHub COO Nick Wright. The Financial Conduct Authority has moved to “provide clarity” on crypto with the publication of its latest guidelines on cryptoassets. Mr Wright is a director at SolutionsHub, a company specialising in blockchain […]
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eGaming companies & ICOs
Lee Hills talks about the pros and cons online gambling companies launching token sales Securing funding to unlock the next phase of growth is critical for business in all sectors, including those in the online gambling industry. Having the ready cash to invest in innovation or transformation can be the difference between success and failure. There are […]
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Six tips for participating in an ICO
Last year, initial coin offerings (ICOs), or token sales as they are also known, raised more than $6bn. But there are many challenges and hurdles surrounding ICOs, making the risk versus reward calculation difficult for investors to work out. Below are six things to consider when deciding whether investing in an ICO is right for […]
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