Bermuda’s Virtual Currency Business Act passes through the House of Commons, UK

Late last Friday, April 27th, Bermuda’s Virtual Currency Business Act passed through the House of Commons in the United Kingdom. This week, the bill will go through the Senate and should the bill pass, it will be the most comprehensive regulation of its kind, covering the issuing, selling or redeeming tokens and cryptocurrencies, ICOs, crypto exchanges, crypto wallets and other crypto service vendors.     Joseph Weinberg, OECD Think Tank Special advisor and Chairman of Shyft, a blockchain KYC/AML solution, and Loretta Joseph, OECD Think Tank Leader, Shyft advisor and…

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Nasdaq Open To Becoming Crypto Exchange — Blockchain Experts Comment

Today, Nasdaq CEO Adena Friedman said that Nasdaq is open to becoming a crypto exchange. Joseph Weinberg, OECD Special Advisor and Chairman of Shyft, a blockchain protocol for KYC/AML, and Yo Kwon, CEO of Hosho, a blockchain cybersecurity firm, comments from two unique perspectives on what this means from regulatory and security perspectives.   Joseph Weinberg, OECD Think Tank Special Advisor & Shyft Chairman believes “this could be a great thing! Regulation, again, is a massive roadblock to something like this happening. You need to solve and create an informed…

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