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Why Are Governments Desperate To Regulate Cryptocurrencies?
There are a couple of reasons why the ruling party and lawmakers of a specific country would want to bring cryptocurrencies under their regulatory framework. Most of these reasons are connected to creating an additional source of income for the government, but they are usually masked under the “its too dangerous for the investors” excuse. дальше »
2019-3-22 11:16 | |
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Switzerland inches closer to cryptocurrency regulation
Switzerland is getting closer to regulating cryptocurrencies. The Swiss Federal Assembly, the body tasked with handling government legislation in the country, yesterday approved a motion requesting the Federal Council regulate cryptocurrencies. дальше »
2019-3-21 18:54 | |
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Japan Introduces Stricter Regulation for Crypto Margin Trading
Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. дальше »
2019-3-21 21:27 | |
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North Korea Has over $670 Million in Bitcoin and Other Cryptocurrencies, Claims New UN Report
According to a UN report released on March 12, 2019, North Korea has amassed hundreds of millions in cryptocurrency to circumvent sanctions. While there are many that have believed that North Korea was involved in various cryptocurrency cyber-attacks, the fact that the country is stockpiling cryptocurrency is a new development. дальше »
2019-3-15 14:00 | |
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MIT Bitcoin: Legislators Discuss Regulation, Potential of Blockchain Tech
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. дальше »
2019-3-15 01:08 | |
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EY Executive Says Bitcoin Has No Practical Use in India
An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy. дальше »
2019-3-12 09:40 | |
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Binance Chief Reports Potential Fiat-to-Crypto Exchange in Argentina
Binance CEO Changpeng Zhao responded to a report regarding Binance Lab’s agreement with Argentina to co-invest in blockchain-based projects that his company supports. He hinted at the possibility of launching a fiat-to-crypto project in the crypto-friendly South American country. дальше »
2019-3-12 20:00 | |
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Indian Crypto Exchange Wazirx Taking Auto-Matching P2P Services Global
Cryptocurrency exchange Wazirx is expanding globally. “While India has a banking ban,” the CEO of the exchange told news. Bitcoin. com, “we realized there’s banking trouble in a lot more countries. дальше »
2019-3-11 14:25 | |
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New ‘Blockchain Village’ Concept Pops Up in China’s Wenzhou Region from Local Residents
According to some reports, a Chinese village located in the Wenzhou Zhejiang region, Yuedong, gathered the attention of the media after it showed openness towards digital currencies and blockchain technology. дальше »
2019-3-11 13:10 | |
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Canada’s tax agency asks cryptocurrency investors for 10 year trading history
Canada’s tax agency is reportedly cracking down on cryptocurrency investors in the country. Multiple sources have confirmed that cryptocurrency holders have been targeted with audits by the Canada Revenue Agency (CRA), according to Forbes. дальше »
2019-3-7 20:14 | |
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Warning: India is Heading Towards Clueless Bitcoin Regulation, Here’s Why
When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. дальше »
2019-3-7 13:35 | |
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Israeli Regulators Advocating Crypto Trading Platform
As cryptocurrencies gain more widespread global acceptance, regulatory bodies around the world have begun to see opportunity in blockchain. Today the Israel Securities Authority (ISA), the country’s official market regulator, advocated for the creation of a state-sponsored, regulated cryptocurrency trading platform. дальше »
2019-3-7 21:33 | |
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Bahrain Could Squeeze India to Re-Open its Crypto Market and Legalize Bitcoin
As per the request of the Reserve Bank of India, the country’s central banking institution, local banks have been disallowed from dealing with crypto businesses such as Bitcoin exchanges since 2018. дальше »
2019-3-4 14:18 | |
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Russian President Vladimir Putin Sets July 1 Deadline for Crypto Regulations
The Russian President ordered his country’s government to fast track the adoption of federal laws related to cryptocurrencies no later than July 1, 2019. The latest order is similar to one he made about cryptocurrency regulation back in 2018. дальше »
2019-3-2 00:00 | |
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Thailand Bans Bitcoin Cash, Ethereum Classic, Litecoin from Trading Pairs & ICOs
Thailand’s Securities and Exchange Commission banned bitcoin cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) from eligibility for initial coin offerings, investments, and base trading pairs against other cryptocurrencies traded on digital asset exchanges. дальше »
2019-3-2 18:01 | |
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Thailand Now Has 4 Approved Cryptocurrencies
The Thai Securities and Exchange Commission (SEC) has announced a list of four approved cryptocurrencies for use as base trading pairs in the country. The regulator reportedly took into account factors such as sufficient market liquidity and a well-designed decentralized system. дальше »
2019-3-1 11:03 | |
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Putin’s Order: Russia to Adopt Crypto Regulation by July
Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. дальше »
2019-2-28 09:43 | |
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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year
Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. дальше »
2019-2-28 09:43 | |
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Bahrain Becomes First Arab Nation to Comprehensively Regulate Bitcoin
A couple months ago, CCN reported that Bahrain had completed its draft regulations for cryptocurrencies. The Arab nation has now completed its finalized version of the same, and it hasn’t noted much change in its positive disposition. дальше »
2019-2-27 08:25 | |
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Bahrain Introduces Comprehensive Set of Cryptocurrency Regulations
The Central Bank of Bahrain has issued one of the most comprehensive set of cryptocurrency regulations in the Middle East, including rules on licensing, governance, and risk management for the new asset class. дальше »
2019-2-26 13:18 | |
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Uganda Quietly Fortifies Position As Blockchain Hub
When you think of blockchain technology and cryptocurrencies in Africa, Uganda isn’t the first country that springs to mind. Instead, it’s the traditional tech titans in Africa that many associate with developments in the blockchain industry. дальше »
2019-2-24 00:44 | |
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Bitcoin Ecosystem Flourishes In Kenya Despite Regulatory Constraints Around Crypto Assets
Bitcoin Ecosystem Flourishes In Kenya Despite Regulatory Ban Many countries who have banned cryptocurrencies have seen the rise of the adoption. This shows that Bitcoin can be a perfect instrument to work your way around the stranglehold of governments and establishment financial noose. дальше »
2019-2-23 20:09 | |
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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes
According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme. дальше »
2019-2-22 01:23 | |
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Cryptocurrency Can Now Be Purchased at 10,000 French Tobacco Shops
A partnership between French company Digycode and national point of sale (POS) provider Ingenico has gone live, making it possible to buy cryptocurrencies offline at 10,000 tobacco shops in France – just under half of the total number of licensed tabacs in the country. дальше »
2019-2-19 19:10 | |
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Indian Government Inaugurates National Cryptocurrency Forensic Lab
The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. дальше »
2019-2-19 09:58 | |
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Indian Government Inaugurates National Crypto Forensic Lab
The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. дальше »
2019-2-19 09:58 | |
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Liechtenstein’s Post Office Is Now Selling Bitcoin (BTC) to Interested Individuals
Cryptocurrencies and Bitcoin (BTC) continue to expand all over the world. The government-owned post office in Liechtenstein is now offering Bitcoin to interested users. This post office located in Vaduz, the capital of the country, is now seeling the most popular virtual currency and will also offer new digital assets in the future. In order […] дальше »
2019-2-16 23:01 | |
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Indonesia Officially Recognizes Bitcoin as a Commodity
Regulators in Indonesia have finally recognized Bitcoin and other cryptocurrencies as commodities, thus providing legal backing for trading virtual currencies. Consequently, cryptocurrency exchanges in the country now have a set of requirements that must be satisfied before being allowed to operate. дальше »
2019-2-15 15:00 | |
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Russia Isn’t Bothered to Recognize Bitcoin for Now, Says Justice Minister; What Drove his Decision?
Russia’s Minister of Justice, Alexander Konovalov, has indicated that it is unnecessary to give cryptocurrencies a legal definition at this point in time, according to the country’s state-owned news agency TASS. дальше »
2019-2-15 13:59 | |
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Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation
An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently tasked with drafting the regulatory framework for cryptocurrencies. дальше »
2019-2-15 08:35 | |
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Russian Minister Of Justice Does Not Believe Bitcoin And Crypto Assets Need Legal Definitions Yet
Russian Minister Of Justice Does Not Believe That Cryptos Need To Be Legally Defined Just Yet The current Minister of Justice of Russia, Alexander Konovalov, has affirmed that he does not see the need to legally define cryptocurrencies just yet. дальше »
2019-2-15 23:29 | |
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Millennials In South Korea Look To Cryptocurrencies As Viable Outlet To A Better, Brighter Future
Sampo Generation In South Korea Turn To Crypto To Bypass Country’s Societal Demands Cryptocurrency, for many millennials in South Korea, could not have come at a better time. cryptocurrencies have provided them with an avenue to escape the various rigid demands placed on them by society. дальше »
2019-2-12 21:54 | |
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UnionBank Launches Two-Way Bitcoin ATM in the Philippines
The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar. дальше »
2019-2-12 00:10 | |
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Philippines’ Central Bank Helps Launch Bitcoin ATM
One of the largest banks in the Philippines, Union Bank, has collaborated with the country’s central bank to launch a Bitcoin ATM, allowing customers to both buy and sell bitcoin for cash. Union Bank Launches Its First Bitcoin ATM Union Bank in the Philippines has launched its very first two-way Bitcoin ATM, according to a release. дальше »
2019-2-11 21:00 | |
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A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption
According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa. дальше »
2019-2-11 10:52 | |
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7th World Government Summit Held In UAE to Talk About Blockchain and Cryptocurrencies
Gulf Today, a prominent business news outlet in UAE has reported that the country’s Ministry of Finance (MoF) will discuss virtual currencies and blockchain at the 7th World Government Summit. The first day of the event will host closed-door discussions on the development of SMEs and Blockchain and digital assets as well as on good […] дальше »
2019-2-8 18:27 | |
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5 Crypto-Friendly Countries to Base Your Business
Choosing the best country to set up a business is vital in this digital age, and especially so for crypto companies. As governments around the world continue to learn more about cryptocurrencies and elect to either crack down on them or allow them to flourish, some jurisdictions emerge as being better than others for launching […] The post 5 Crypto-Friendly Countries to Base Your Business appeared first on Bitcoin News. дальше »
2019-2-7 20:55 | |
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India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee
The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country. дальше »
2019-2-6 12:00 | |
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Iran Blockchain Community Welcomes Central Bank’s Stance on Cryptocurrencies
The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U. дальше »
2019-2-5 19:00 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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First Cinema in Brazil to Accept Bitcoin for Tickets
A cinema in the city of Florianopolis has reportedly become the very first one in the country to allow its customers to buy movie tickets using Bitcoin. Going to The Movies With Bitcoin In 2018, Bitcoinist reported that Major Cineplex Group – the largest movie theater chain in Thailand, was set to start accepting cryptocurrencies as a means of payment for a broad range of services such as the purchase of movie tickets and even popcorn. дальше »
2019-2-5 02:00 | |
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Indian Govt. Committee Expresses Worry on How Cryptos Can Impact National Fiat Currency Stability
India has a very rough relationship with cryptocurrencies. The country, which has enacted a ban on crypto exchanges last year, is now focused on deciding whether this ban, which is being called an exaggeration by the local crypto industry, should be lifted or not. дальше »
2019-2-5 01:21 | |
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Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin
In a particularly interesting case study for the consequence of Bitcoin’s global impact, the internationally recognized terrorist group Hamas has announced that it will accept bitcoin to fund itself. дальше »
2019-2-5 21:41 | |
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Indian Government Fears That Cryptocurrencies Could Destabilize the Rupee
The Indian government is looking into the impact of digital currencies and worried about the consequences for the Rupee. The high-level panel assigned with the task of making the country’s digital currency rules is now suggesting that cryptocurrencies could destabilize the Indian Rupee. дальше »
2019-2-4 18:19 | |
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Venezuela Announces Set of Regulations for Cryptocurrencies and Blockchain Tech
Venezuela seems to be eager to become a country where the activities related to the use of cryptocurrencies and blockchain technologies are fully regulated and to that end, it announced a few hours ago the promulgation of a “CONSTITUENT DECREE ON THE INTEGRAL SYSTEM OF CRYPTOASSETS“. дальше »
2019-2-2 22:22 | |
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Malaysia Introduces Regulations for Bitcoin Exchanges
Regulators in Malaysia have released an amended set of rules for businesses engaged in trading Bitcoin and other cryptocurrencies. This move comes as part of the government’s efforts to regulate the industry with laws for initial coin offerings (ICOs) expected later in the year. дальше »
2019-2-1 17:00 | |
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Indian Government Invites Law Firm to Present Suggestions for Cryptocurrency Regulation
The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. дальше »
2019-1-31 10:41 | |
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Indian Government Invites Law Firm to Present Suggestions for Crypto Regulation
The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. дальше »
2019-1-31 10:41 | |
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