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Liechtenstein Publishes New Token And VT Service Providers Act Addresses Crypto Regulations
Liechtenstein Passes New Crypto and Blockchain Regulation The government of Liechtenstein has just announced that a new blockchain law was passed. According to the official release made by the government, the new Token and VT Service Providers Act was passed this week. дальше »
2019-5-9 22:55 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Bitfinex/Tether hits back at NY AG; says Martin Act action will not hold as USDT falls outside statute’s reach
The drama of the NY Attorney General and Bitfinex/ Tether drama has taken a turn as iFinex Inc. , BFXNA, BFXWW Inc. , and Tether Unlimited released a new document. The 30-page memorandum of law stated that the Attorney General “will not succeed” further questioning its basis on The Martin Act. дальше »
2019-4-30 20:18 | |
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Washington State Governor Signs SB 5638 Act To Recognize Blockchain Technology By Law
Blockchain Technology Now Recognized By Law In Washington State As of April the 26th, Jay Inslee, the Governor for Washington State officially signed into law SB 5638 – which is an act that recognizes ‘the validity of distributed ledger technology. дальше »
2019-4-30 23:30 | |
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Washington State signs bill recognizing blockchain technology into law
On Apr. 26th, Washington State Governor Jay Inslee signed SB 5638—an act “recognizing the validity of distributed ledger technology”—into law. The Act encourages the development of blockchain, recognizes its use in commerce and digital signatures, and amends legislation to provide definitions for the technology. дальше »
2019-4-29 11:13 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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F**k Privacy. Facebook’s Terrifying New Lawyer is an Architect of NSA Mass Surveillance
By CCN. com: Don’t believe what Mark Zuckerberg tells you. Facebook is not remotely interested in protecting your privacy. The company just hired Jennifer Newstead as general counsel, a lawyer widely cited as co-writer of the Patriot Act, famously granting unprecedented snooping powers to the US government. дальше »
2019-4-23 17:40 | |
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FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations. дальше »
2019-4-20 23:38 | |
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Bitcoin [BTC]: Financial Crime Enforcement Network raises penalty on trader for violating banking norms
The number of illegal activities in the world of digital assets has always kept law enforcement agencies on their toes. New reports revealed that the Financial Crime Enforcement Network [FinCEN] of the United States has penalized Eric Powers, a peer to peer Bitcoin [BTC] trader for violating the Bank Secrecy Act and its sub-clauses, including, […] The post Bitcoin [BTC]: Financial Crime Enforcement Network raises penalty on trader for violating banking norms appeared first on AMBCrypto. дальше »
2019-4-20 22:30 | |
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The $2 Trillion French Life Insurance Market Can Now Invest in Crypto
A newly passed act in France allows life insurance providers to invest in crypto-currencies and tokens without any limitation on the amount that can be allocated. The Pacte law (Plan... The post The $2 Trillion French Life Insurance Market Can Now Invest in Crypto appeared first on Trustnodes. дальше »
2019-4-12 17:56 | |
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Bill To Amend Securities Laws Reintroduced In Congress
If approved and signed into law, the Token Taxonomy Act, introduced by Representative Warren Davidson, would exempt some cryptocurrencies from existing federal laws.
дальше »2019-4-10 00:47 | |
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Indian court asks government to ban TikTok downloads because it ‘encourages pornography’
Yesterday, the Madras High Court, situated in the southern Indian city of Chennai, directed the country’s central government to ban TiKTok, the popular video creation app from Chinese giant Bytedance. дальше »
2019-4-4 14:56 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Watching Porn? Show Us Your Passport, Says Perverse UK Porn Law
The UK’s “porn block” or porn ban is an epic violation of privacy and data harvesting. It’s also doomed to fail and will lead to high-profile sexual extortion. Let’s back up. If you haven’t heard of the UK’s porn block, you’re not alone. дальше »
2019-3-20 17:36 | |
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Japan Changing Virtual Currency To “Cryptographic Assets”, Strengthening Law for the Future of Its Digital Economy
The Japanese government has decided to make amendments to 2 acts, the Financial Instruments and Exchange Act and the… The post Japan Changing Virtual Currency To “Cryptographic Assets”, Strengthening Law for the Future of Its Digital Economy appeared first on Invest In Blockchain. дальше »
2019-3-15 13:22 | |
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Japan Brings Major Changes into Cryptocurrency Regulation: Key Points You Should Know
CoinSpeaker Japan Brings Major Changes into Cryptocurrency Regulation: Key Points You Should KnowThe amendments to the Financial Instruments and Exchange Law and the Fund Settlement Act address virtual currencies and aim to intensify crypto trading restrictions. дальше »
2019-3-15 12:03 | |
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Senate Republicans Mutiny, Deliver Devastating Rebuke to Lawless Trump
The U. S. Senate voted today to block President Donald Trump’s emergency declaration at the United States-Mexico border. Following a weeks-long government shutdown and stalemate with House Democrats over funding to reinforce barriers on the southern border, Donald Trump invoked the Nixon-era National Emergencies Act of 1976. дальше »
2019-3-15 00:15 | |
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Pro-Bitcoin Colorado Governor Signs Crypto-Friendly Digital Token Act
Colorado Governor and avowed bitcoin fan Jared Polis signed the Digital Token Act on March 8, exempting cryptocurrencies from state securities laws under certain conditions. The new legislation also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances. дальше »
2019-3-9 23:24 | |
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Wall Street Tax Endorsed by AOC Amid Questions About Her Campaign’s Finances
It’s just Tuesday, and Rep. Alexandria Ocasio-Cortez (D-N. Y. ) is all the news it seems. However, it’s not all good. A resolution she’s signed on to will be introduced that will call for Wall Street investors and traders to be taxed. дальше »
2019-3-5 21:36 | |
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Federal Reserve Bank Stands Prepared to Study ‘Collapse of the Bitcoin Market’
When the Federal Reserve conducts stress tests to measure risk in the U. S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market. ” Indeed, the U. дальше »
2019-3-2 02:46 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
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Will Reinterpreted Gambling Laws Affect EOS & TRON DApps?
A recent decision from the U. S. Justice Department could introduce severe restrictions on Internet gambling of all varieties—including cryptocurrency-based gambling. The Federal Wire Act of 1961, which since 2011 has only prohibited online sports gambling, reportedly now covers all online gambling. дальше »
2019-1-28 22:44 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Colorado Introduces Bill With Securities Law Exemptions for Cryptocurrencies
The U. S. state of Colorado has introduced the “Colorado Digital Token Act” which provides some “exemptions from the state securities laws for cryptocurrencies,” according to the text of the bill. дальше »
2019-1-7 04:22 | |
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U.S. Government Will Consider “Token Taxonomy Act”, Potentially Freeing Crypto from Securities Laws
Kate Rooney, CNBC’s markets reporter, has revealed that two congressmen are working on a bill to remove crypto from the 72-year-old U. S. securities law. The representatives, Warren Davidson and Darren Soto, are calling it the “Token Taxonomy Act” and will be presenting their ideas to the House within the next few months. дальше »
2018-12-24 21:38 | |
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US Congressmen Introduce Bill To Exempt Crypto From Securities Law
A couple of Congressmen in the United States are trying to get an exemption for cryptocurrencies from securities law. If successful, it could signal a paradigm shift in the US regulatory climate as far as virtual currencies are concerned. дальше »
2018-12-22 22:00 | |
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British Revenue and Customs Agency Clarifies Law on Crypto Taxes
The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two. дальше »
2018-12-21 23:09 | |
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SEC Regulations Not Suitable For Crypto: US Lawmakers Aim For Digital Asset Clarity
A pair of U. S. lawmakers are looking to bridge the gap between the crypto community and fuzzy regulation. Rep. Warren Davidson of Ohio and Darren Soto of Florida have introduced the “Token Taxonomy Act,” which would essentially remove cryptocurrencies from the securities discussion. дальше »
2018-12-21 22:19 | |
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Australian Anti-Encryption Bill Reminds the Globe “Why Crypto?”
The Australian government has passed a controversial anti-encryption bill that allows law authorities to forcefully access sensitive consumer data encrypted by popularly-used technology companies and social applications, reported The Hacker News on December 10, 2018. дальше »
2018-12-11 20:00 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation
On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering. дальше »
2018-12-1 22:36 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies
The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. дальше »
2018-10-30 19:00 | |
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Japan: Stablecoins are not cryptocurrencies
The Japanese Financial Services Agency revealed exclusively to Bitcoin News today that, under current law, stablecoins are not cryptocurrencies. Currently there are two pieces of legislation that cryptocurrency companies must satisfy in Japan. дальше »
2018-10-29 15:08 | |
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Library of Congress deems video game preservation legal — to a point
A decision from the Librarian of Congress and the US Copyright Office, handed down earlier this week, could mean older games can now legally be saved by video game historians and archivists — with some stipulations, of course. дальше »
2018-10-27 22:03 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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Plattsburgh, New York Deliberates on Stricter Cryptocurrency Mining Rules
US City Deliberates on Stricter Rules for Crypto Miners New York’s Plattsburgh is mulling over the idea of enforcing tougher requirements on commercial cryptocurrency mining farms operating in the city. дальше »
2018-10-16 00:18 | |
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Why Blockchain Could Be Adopted Immediately Within US Pharmaceutical Industry
The blockchain has very exciting implications for the Pharmaceutical industry. By creating a space for super advanced audit trails, identification and authentication, the blockchain promises to totally re-shape the way medicines are stored and delivered to patients across the world. дальше »
2018-9-28 13:30 | |
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Crypto Task Force Bill Passes House of Representatives, Moves to Senate
A bill that seeks to create a task force to combat the use of cryptocurrency in financing terrorism has just passed the House of Representatives. House Resolution 5036 (H. дальше »
2018-9-28 01:12 | |
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Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders
Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd. дальше »
2018-9-20 00:05 | |
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Federal Judge Applies Long-Established Securities Law to ICOs
Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may. дальше »
2018-9-12 22:09 | |
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Telling the truth about defects in technology should never, ever, ever be illegal
Congress has never made a law saying, “Corporations should get to decide who gets to publish truthful information about defects in their products,”— and the First Amendment wouldn’t allow such a law — but that hasn’t stopped corporations from conjuring one out of thin air, and then defending it as though it was a natural right they’d had all along. дальше »
2018-8-18 11:00 | |
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