2023-1-24 18:18 |
Following the FTX scandal, Washington is gearing up to regulate crypto with full force. Get all the latest here. origin »
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With many US Congress members over 80, questions arise about their capacity to regulate the complex cryptocurrency market. Can experience and wisdom overcome the technical and economic challenges of the crypto industry? The post 16 US Congress Members Over 80 Years Old: Can They Regulate Crypto? appeared first on BeInCrypto.
2023-8-9 20:28 | |
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Caught in a whirlwind of volatility and innovation, the SEC grapples with the regulation of cryptos. Is the solution hidden in the very nature of this digital asset – its decentralized, global potential? The post The US Securities and Exchange Commission Is Unfit to Regulate Crypto appeared first on BeInCrypto.
2023-5-11 22:45 | |
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On Tuesday, the Brazilian Senate plenary passed a bill that would regulate crypto transactions in the country, by introducing "virtual service providers." The post Brazilian Senate Passes Bill to Regulate Crypto Transactions appeared first on BeInCrypto.
2022-5-1 17:04 | |
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The struggle to regulate the crypto industry continues in every country around the world. Many have asked whether it is even possible to regulate crypto, given that it is still an evolving technology that is still seeking its final form, use cases, price, and more.
2021-5-31 14:05 | |
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While some countries have taken the lead to regulate various aspects of using cryptocurrencies, many have left the matter completely up in the air. This might soon change as pressure is mounting on governments to develop standards for crypto regulations, as evident by the latest G20 meeting of top politicians from around the world.
2018-12-2 20:55 | |
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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.
2018-12-1 22:36 | |
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Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim to a number of Ponzi schemes, including the D9 Club, which promised to pay members in bitcoin.
2018-11-24 21:00 | |
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Cryptocurrency payment services will be required to apply for one of three licenses: a money-changer, a standard payment institution, or a major payment institution.
2018-11-21 22:52 | |
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Nischal Shetty, the CEO of Indian crypto exchange WazirX, has reached out to a top lawmaker to look into the regulation of Bitcoin and similar digital assets. The blockchain entrepreneur requested India’s finance minister Arun Jaitley to focus more on crypto’s potential benefits than its minimalistic misuses.
2018-11-20 03:00 | |
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Recent Amendments To Income Tax Regulations in Poland Require Crypto Profits To Pay 19% in Taxes The taxation of cryptocurrency profits has been a hot topic for many countries that are looking to regulate the space.
2018-11-17 18:55 | |
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Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it. The Financial Services Agency (FSA) on Monday revealed its plan to regulate cryptocurrency wallet providers, ItMedia reported.
2018-11-16 15:11 | |
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Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them.
2018-11-16 04:05 | |
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Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them.
2018-11-16 04:05 | |
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As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud.
2018-11-10 20:00 | |
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As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud.
2018-11-9 20:00 | |
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The Securities and Exchange Commission (SEC) has been primarily focusing on finding ways to regulate and govern projects that involve initial coin offerings (ICOs) as their way of crowdfunding. In recent weeks, sources say that the SEC has been turning their attention to crypto trading platforms.
2018-11-9 18:12 | |
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As Bitcoin approaches its 10th anniversary, its community, old and new, has begun taking stock of how a decade has come to alter or define the cryptocurrency — and what Bitcoin has done to alter or define the decade.
2018-11-7 19:56 | |
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The Monetary Authority of Singapore (MAS) has yet to propose legislation to regulate cryptocurrency and blockchain in the city-state.
2018-11-6 13:32 | |
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The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.
2018-11-5 01:15 | |
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The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.
2018-11-5 01:15 | |
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The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella. The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future.
2018-11-2 00:40 | |
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Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy.
2018-11-2 23:30 | |
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The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors.
2018-11-2 21:15 | |
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Hong Kong’s securities watchdog unveiled new rules for cryptocurrency funds and said it may now regulate crypto exchanges. The Securities and Futures Commission (SFC) said in a statement on November 1 that fund managers that invest more than 10% of their portfolio in crypto assets will need to be licensed. Trading platforms that serve only […]
2018-11-2 15:36 | |
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Hong Kong's Securities and Futures Commission says it will bring crypto funds under its securities regulations to improve investor protection.
2018-11-1 12:00 | |
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Just a few years back, China pretty much dominated all of the world’s cryptocurrency trading and mining markets— with nearly 75% of the entire planets’ mining coming from the Asian powerhouse. However, all of that changed in 2017, when the Chinese government put in place a series of bans that suddenly toppled the nation’s burgeoning […]
2018-10-30 20:05 | |
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British crypto-experts have criticized a newly proposed plan to regulate the crypto market, warning it could ‘backfire’.
2018-10-30 23:12 | |
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New Tax Regulations Are a Necessity For Crypto Transactions, According to Committee For IRS The U. S. Internal Revenue Service (IRS) may pursue a recent recommendation from an advisory committee regarding cryptocurrency.
2018-10-27 22:44 | |
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Japan’s Financial Services Agency (FSA) has granted self-regulatory status to the country's cryptocurrency industry, giving the Japan Virtual Currency Exchange Association (JVCEA) authority to oversee the space, according to a Reuters report.
2018-10-25 21:29 | |
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In recent regulatory news, a court in China’s Futian District has ruled that cryptocurrency investments are not protected by law, Albania’s government has indicated that it intends to develop a regulatory framework for crypto, and the United States Securities and Exchange Commission has published a memorandum from a recent meeting pertaining to the proposed Vaneck […] The post Regulations Roundup: Investors Not Protected in China, Albania to Regulate appeared first on Bitcoin News.
2018-10-24 20:55 | |
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The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.
2018-10-23 00:41 | |
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Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency. ” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service.
2018-10-22 22:30 | |
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One of the complicated issues in overseeing the virtual currency market is to determine which parts of it come under the scope of existing laws, the outgoing head of the Securities Commission explained.
2018-10-16 22:48 | |
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Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
2018-10-15 18:00 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Professors at the University of Auckland have written a new report urging the New Zealand government to regulate the local distributed ledger technology (DLT) and cryptocurrency ecosystem to make the country a hotbed for related businesses, reported the New Zealand Law Society on October 1, 2018.
2018-10-4 15:00 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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Over 50 representatives from the crypto, Wall Street and venture capital firms traveled to Washington DC on Tuesday with a clear message for the US Congress: regulate or watch the innovation leave the country.
2018-9-27 11:00 | |
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The regulatory state of crypto hangs continually in the balance. As the currency and asset class continues to grow and develop, countries all over the world are scrambling to create a complex framework with which to regulate and industry that they might not even fully understand. Countries such as the United States and France have […]
2018-9-27 01:57 | |
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From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry.
2018-9-23 14:59 | |
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A recent statement from an NYU professor brought yet another troublesome aspect of US crypto regulation to the attention of the public. This time, it is a rivalry between different regulators, with all of them wishing to establish dominance.
2018-9-21 13:00 | |
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Another cryptocurrency heist has shaken Japan. This time, 6. 7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.
2018-9-21 19:30 | |
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Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts.
2018-9-20 08:25 | |
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In early summer, the FDA issued a guide to banks to help them solve their apparent risk issues associated with their clients’ crypto dealings. Apparently, and as reported by Financial Feeds, the UK government has instituted policies to regulate some crypto derivatives like CFDs (Contract For Differences) that are crypto-based.
2018-9-20 00:07 | |
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The recent reports regarding the crypto situation in the UK indicate that the country’s government has yet to make a formal assessment of potential consequences of the changes in the value of numerous cryptocurrencies.
2018-9-17 16:30 | |
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On Tuesday, U. S. District Judge Raymond Dearie in Brooklyn, New York said that U. S. federal securities laws may cover initial coin offerings (ICOs), per Bloomberg report. This week’s ruling enhances the regulatory framework that governs cryptocurrencies by leveraging existing rules that already regulate the U.
2018-9-12 23:00 | |
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Although gambling remains a multi-billion dollar industry, placing bets is an illegal activity in many jurisdictions. Multiple states in the USA either ban it or heavily regulate it; gambling is only permitted in China in outposts such as Macau; and in most of the Middle-East in remains prohibited on religious grounds.
2018-9-12 22:59 | |
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U.S policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge.
Russian troops in Ukraine receive millions in crypto donations, despite international sanctions. CoinDesk investigates how these funds are flowing and talks to fundraisers.
Sportswashing and crypto company hubris are no longer in play in Super Bowl commercials this year. And that's a good thing.
Whereas corporations accumulate capital, decentralized autonomous organizations (DAOs) accumulate engagement and focus on returning benefits to all participants.
Moves to outlaw staking and stop banks from servicing crypto companies will harm the industry and send it overseas, says CoinDesk's chief content officer Michael Casey.
In a CoinDesk exclusive, the co-founder of Yuga Labs, Wylie Aronow, shares a frank letter touching on his recent diagnosis of heart failure and responding to accusations of racist and nazi imagery embedded within the Bored Ape Yacht Club NFT project.
FTX’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee.