2022-5-16 18:21 |
BaFin's Birgit Rodolphe said decentralized applications like insurance, lending and securities could be subject to significant fraud and losses, and called for EU-level laws. origin »
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New laws could see the country’s crypto community slashed by 90%.
2022-5-5 20:46 | |
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The best uses of blockchain development for companies, which industries are most prepared to deploy the technology, and whether laws could impact its rollout are...
2022-4-25 15:48 | |
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Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws.
2021-10-3 20:07 | |
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As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect.
2021-8-1 19:36 | |
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Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More
2021-7-22 04:00 | |
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Microblogging platform Weibo has reportedly banned cryptocurrency accounts on its platform. The ban is coming as China is stepping up its crackdown on Bitcoin trading and mining in the country. There could be more actions expected, which will include linking cryptocurrency activities directly with China’s criminal law.
2021-6-8 14:28 | |
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The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today.
2021-5-7 19:00 | |
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World-leading cryptocurrency platform, Binance, could face fines from Germany and other European countries over an alleged violation of the E. U. laws regarding the listing of stock tokens and investments by companies.
2021-5-1 17:09 | |
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OKEX Korea is closing its doors to investors in the country on April 7, 2021. The upcoming VASP laws could be the reason the exchange is shutting down its operations. The post OKEx Korea to Shut Down In Two Weeks; New AML Laws Coming Into Effect for VASPs first appeared on BitcoinExchangeGuide.
2021-3-24 21:54 | |
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The Indian government is considering fast-tracking the controversial cryptocurrency bill using an executive order called the “ordinance process. ” If passed through, this could spell the beginning of some of the strictest cryptocurrency laws in the world.
2021-2-9 09:00 | |
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Mayor Francis Suarez has confirmed the city's work in pro-crypto regulations. The city is taking a progressive initiative, with Suarez believing that a tech-forward regulatory approach could be beneficial.
2021-2-9 17:45 | |
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Major U. S crypto companies Coinbase, Square, and Andreessen Horowitz have joined hands to fight the new AML regulations introduced by FinCEN, arguing that these restrictions could push users away from standardized platforms and choke innovation.
2021-1-6 21:00 | |
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Recently, FinCEN proposed new regulations that would force crypto firms to collect information regarding the identities of non-customer counter parties. The new regulation, however, could severely backfire — at least according to Twitter CEO, Jack Dorsey.
2021-1-5 15:24 | |
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After introducing an amendment that could see cryptocurrency miners lose all their mining rewards, Russia is once again tightening cryptocurrency regulation. According to a local news release, the Ministry of Finance proposes stricter regulations related to crypto accounts by preparing a package of amendments to the country’s digital asset laws.
2020-9-25 18:08 | |
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As first reported by a Russian news outlet, Izvestia, the Ministry of Finance in Russia, is proposing an amendment to the federal law on digital financial assets (DFA) that could see Bitcoin miners receive no rewards on their efforts.
2020-9-5 18:37 | |
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In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank.
2020-8-15 17:00 | |
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China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance.
2020-5-26 19:11 | |
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Coinspeaker Hong Kong’s Hang Seng Index Plunges 5. 5% as Beijing Plans to Impose New Security LawsChina is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997.
2020-5-24 18:33 | |
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Crypto regulations in the United States may become clearer in the coming years as the country’s legislature is examining more than 30 bills related to the emerging digital economy. Focus on Crypto Regulation and Tax Laws According to a Forbes report, the U.
2020-4-29 17:00 | |
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Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.
2020-3-25 16:50 | |
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Blockchain projects could get a three-year exemption from U.S. securities laws to build decentralized networks, according to SEC Commissioner Hester Peirce’s latest safe harbor proposal. Operating Under Regulatory Uncertainty Cryptocurrency...The post Crypto Projects Could See Three-Year Exemption to Securities Laws appeared first on Cryptocurrency News.
2020-2-7 08:41 | |
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Anonymity in crypto faces extinction after new EU law: “Only true privacy coins like Monero might stand the test of time and resist de-anonymization”
2020-1-18 05:02 | |
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Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month.
2019-12-14 22:15 | |
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The popularity of cryptocurrencies and blockchain technology seems to be surging lately, with several governments now taking steps to regulate the same. One such state in the United States is Wyoming,The post Wyoming could get 8 new blockchain laws in 2020 appeared first on AMBCrypto.
2019-11-26 10:30 | |
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Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15. 7 million) per breach. Westpac Banking Corp, the second-largest bank in Australia, currently faces multiple accusations.
2019-11-20 11:10 | |
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Bitcoin looks better and better, the more the world burns. The present decade began with a cause and an effect. Big banks coupled with shady government laws financially assaulted and robbed the ‘common man,’ and the world ached for a financial means of rescue, of reparations, of results, and not regrets.
2019-9-20 16:30 | |
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EU regulators are investigating if the Facebook Libra "cryptocurrency" poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust chief of the European Union.
2019-9-5 14:25 | |
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Facebook’s bold “new global currency,” Libra, was hit by an antitrust probe from regulators in the European Union because it could unfairly dominate the market, according to a document seen exclusively by Bloomberg.
2019-8-23 08:54 | |
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The Economic Times reports that India is gearing up to seek ‘adequacy’ status with the European Union‘s General Data Protection Regulation (GDPR), a set of privacy laws adopted by the region in 2016 and enforced from last year.
2019-7-30 09:57 | |
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US regulators are looking into BitMEX over accusations the popular cryptocurrency derivatives platform broke strict trading laws. The probe might expand into a full-blown investigation if American citizens are found to have been victims of fraud or manipulation by the derivatives platform.
2019-7-20 16:28 | |
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The topic of crypto and taxes is a tricky one because it combines two of the most complex issues in the financial world; the very volatile world of cryptocurrency and the also the very confusing world of taxation.
2019-6-24 21:02 | |
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Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.
2019-6-21 00:00 | |
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As expected, the United States Securities and Exchange Commission has sued Kik Interactive Inc. The regulatory body alleges that the social messaging firm turned crypto company broke securities laws when it held its $100 million ICO in 2017.
2019-6-5 00:00 | |
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The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).
2019-6-1 19:04 | |
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Speaking at today's SEC FinTech Forum 2019, Director of Corporate Finance William Hinman said he believes ICO-funded projects could become exempt from securities laws if they become sufficiently decentralized.
2019-6-1 18:52 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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U.S. regulators release guidance on how DApps could be subject to money transmission laws
2019-5-10 23:26 | |
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An international team of physicists looking for loopholes in the laws of physics recently simulated a brute-force method for reversing the age of a particle by 1/1,000,000th of a second. In other words: time travel is possible (in a simulation).
2019-5-9 23:02 | |
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Microsoft has apparently applied for a patent for a new Xbox controller with the ability to show visually-impaired gamers what’s on screen via a haptic Braille readout. If we ever see this controller, it could open up gaming for a whole new group of people, just like Microsoft’s previous efforts in the space — and it could also help games comply with new laws demanding accessibility.
2019-5-7 03:30 | |
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By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to.
2019-4-26 09:08 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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Researchers have developed an algorithm that uses satellite imagery to rapidly pinpoint industrial livestock farms, manifold faster than humans can do by manually analyzing maps. Now, the researchers think their new analytical tool could help regulators to identify farms that may be breaking environmental laws.
2019-4-23 15:14 | |
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“A statement may be both true and dangerous. The previous sentence is such a statement. ” - David Friedman Freedom of speech is a topic that many internet communities have struggled with over the last two decades.
2019-4-19 04:03 | |
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If its latest job posting is anything to go by, the US Securities and Exchange Commission‘s (SEC) could be stepping up its involvement in the cryptocurrency world. The SEC is looking for an “Attorney Adviser” to operate as a “Crypto Specialist,” according to a job listing posted on federal employment website USAJobs.
2019-4-1 15:56 | |
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The European Union has passed a wide-reaching update to copyright laws. Most of the changes in the EU Copyright Directive are uncontroversial, setting out how copyright contracts are managed and licensed, but Article 13 could have a huge impact on how the material is shared online.
2019-3-31 21:58 | |
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SEC’s Valerie Szczepanik Says There Are Many Stablecoins In The Market Currently That “Might Be Violating Various Securities laws” During her appearance at the ongoing SXSW conference in Austin, the SEC’s Senior Advisor for Digital Assets ‘Valerie Szczepanik’ went on record to state that there currently existed a number of stablecoin offerings that could potentially […]
2019-3-17 23:31 | |
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Some stablecoins reportedly could raise problems under securities laws, according to senior advisor for digital assets at U.S. SEC Valerie Szczepanik
2019-3-16 14:29 | |
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On March 9–10, 2019, the Massachusetts Institute of Technology hosted a two-day event, the MIT Bitcoin Expo 2019. Put together by the student-organized MIT Bitcoin Club, the conference welcomed more than just Bitcoin voices from every corner of the industry.
2019-3-15 01:08 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.