Regulators

Regulators at the Ready

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

Komainu Secures MVP Licence from Dubai’s Virtual Assets Regulatory Authority

Dubai, United Arab Emirates, [22  November] 2022 - Komainu (Custodian), a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP licence means that Komainu can offer an approved range of virtual asset related services to institutional investors in Dubai within an internationally benchmarked legislative framework for virtual asset service providers (VASPs) following completion of its readiness requirements. 

The Central Problem

The black swan events of LUNA and FTX that have so far characterized crypto in 2022 left many in the space wondering how we got here. What began as a quiet revolution focused on decentralization and financial sovereignty has been corrupted by greed and the centralization of power and control. If crypto has any hope of a future it can only be found in reaffirming the central tenets of decentralization and financial sovereignty. While the media claim these problems are the fault of a lack of regulation it’s worth considering

Passport of the Future

A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Drawing Parallels

For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

ING spins out Pyctor digital assets technology to GMEX Group

Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

Court rules in Epic Fortnite lawsuit that Apple must allow devs to offer their own in-app purchase methods

A California court ruled today that Apple must permanently allow developers to include third-party in-app purchase methods, such as links to their own websites, on iOS apps as a part of its final decision in the hallmark Epic Games v. Apple court case that was argued in May. U.S. District Court for the Northern District of California judge Yvonne Gonzalez-Rogers issued a 185-page permanent injunction today, explaining her ruling and thoughts on the case. She said the court could not rule that Apple is a “monopolist” under state or federal

Apple Forced to Allow Other Forms of In-App Purchases in Epic Games Lawsuit

FortniteThe judge's ruling in the lawsuit between Epic Games and Apple has dealt the latter a significant blow. / SOPA Images/Getty ImagesEpic Games' lawsuit against Apple has resulted in a major change to the latter's App Store, as Judge Yvonne Gonzalez-Rogers issued a permanent injunction in the case Friday.The order says Apple must allow developers to link out from their apps to alternative payment systems, thereby making it possible for developers to circumvent Apple's App Store commission. The decision is a blow against Apple, which analysts say brings in $20