On Wednesday, the chairman of the CFTC gave a keynote speech at the American Council for Technology and Industry Advisory Council’s Blockchain Forum. In his remarks, he highlighted the exciting potential for blockchain-based regulation.
Deutsche Bundesbank anticipates that blockchain technology will have little impact on retail and P2P payments, arguing that, especially in places like Europe, the systems in use today already meet consumers’ needs.
The Raiden Network team has announced µRaiden, an off-the-shelf micropayment solution, based on Raiden technology, that will streamline many existing payment channel systems for a variety of use cases.
On Tuesday, the Financial Conduct Authority published a warning about the risks of token offerings, which it called “very high-risk, speculative investments.” The FCA’s announcement followed a spate of similar warnings by international counterparts.
On Wednesday, the British Columbia Securities Commission announced that it has approved the registration of First Block Capital Inc. as an investment fund manager and exempt market dealer. This is the first registration of a fund manager in Canada focused exclusively on cryptocurrency investments, said the BCSC.