German Financial Regulator Issues Paper on Blockchain Securities Regulation

The German Ministry of Finance is pushing for the regulation of blockchain-based securities. The German Federal Ministry of Finance has published a key issues paper on the treatment and regulation of blockchain-based securities, according to a ministry announcement on March 8.In the paper initially released on March 7, the regulator discusses the introduction of regulations for electronic securities and the issuance of crypto tokens.…

Crypto Skeptic Massachusetts Secretary Creates Fintech Advisory Group

The Secretary of the Commonwealth of Massachusetts is reportedly creating a fintech advisory group. The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7.The office of Secretary William Gavin has reportedly formed a group comprising representatives from Eastern Bank in Boston, a blockchain firm called Arwen, academics and legal experts, and other firms.…