JPMorgan Securities Exec: 'Blockchain Is Still Far From Institutionalization’

Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before it can break through to cross-industry adoption at scale. Chang made her comments during an interview on the “Bloomberg Daybreak: Americas” television show on Feb. 7.

Chang noted that blockchain adoption — if not yet institutionalized — is being spearheaded by industries with particular characteristics where the technology can bring real and immediate backend efficiency gains.

Continue Reading …

Philippines' Proposed ICO Rules Presume All Tokens Are Securities

The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings (ICOs).

To that end, the country’s Securities and Exchange Commission (SEC) published draft rules governing ICOs on Thursday, and is now seeking public feedback before they can go into effect.

The regulations notably assume that tokens issued in all ICOs are securities by default unless the issuers can prove otherwise.

Continue Reading …

Vietnam's Securities Regulator Warns Industry to Avoid Crypto Activities

Vietnam’s securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.

In an announcement this week, Viet Nam News reported Wednesday, the State Securities Commission (SSC) said firms should avoid issuance, transactions or brokerage of cryptos, adding that they must observe laws on money laundering.

Continue Reading …

Vietnam’s Securities Watchdog Bans Industry from Cryptocurrency Activity: Report


The State Securities Commission of Vietnam (SSC), the country’s stock market watchdog, has reportedly forbidden industry firms from engaging in cryptocurrency-related activities.

Vietnam’s official state news agency is reporting that the country’s securities markets watchdog has ‘required’ the industry to not partake in “any issuance, transaction or brokerage activities related to cryptocurrencies” in a circular to all relevant institutions.

Continue Reading …