British fund managers urge authorities to approve blockchain products

The Investment Association, a trading organization representing British investment managers, is lobbying to launch funds traded on the blockchain with digital tokens instead of traditional stocks. The Investment Association, a trading organization representing British investment managers, is lobbying for the launch of blockchain-traded funds with digital tokens instead of traditional securities. Members of the association propose to the British authorities and financial regulators to approve the formation of a working group to study methods for…

Philippine authorities received a request from regulatory authorities to ban Binance

The Infrawatch PH Public Policy Center has sent a letter to the Philippine Department of Trade and Industry asking them to initiate an investigation into the illegal marketing campaigns of the Binance crypto exchange. According to Terry Ridon, coordinator of the Infrawatch PH public policy think tank, advertisements for the Binance cryptocurrency exchange aimed at local consumers regularly appear on various social networks in the Philippines. Thus, Ridon said, the exchange is ignoring local regulations…