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💼💸 Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action
In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets.
👇 Major Milestone: There Are Now More than 300 Cryptocurrency Funds bitcoin cryptocurrency fund wall street
The recent bitcoin price decline and subsequent bear market put a severe dent in profit projections for hedge funds that invest in cryptoassets, but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) — from swelling to record levels.
🔸 Costa Rican Workers Can Be Legally Paid in Cryptocurrency
Employees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their employees on crypto currencies.
👍 Japanese Crypto Exchanges Submit Business Improvement Plans
Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas.
📊Changes in leaders:
BTC: $8 113,75 (5,54%)
ETH: $473,67 (2,10%)
XRP: $0,457760 (0,98%)
BCH: $861,93 (5,96%)
EOS: $8,16 (0,60%)
💰Capitalisation of all crypto currencies $297 123 818 131