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Why the Recent Developments in South Korea and the Swelling tide of Regulation Could be not so bad for the Crypto Industry 

The coming calendar change has regulators rethinking how they stand in relation to cryptocurrency moving forward. Reports out of South Korea have lawmakers in the country drafting up bills for legislature that would levy taxes on capital gains earned with crypto and increase the transparency of the virtual asset market. дальше »

2019-12-17 12:00


Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm

Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation. дальше »

2019-12-11 20:00


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Ripple CEO Praises Central Banks in US Congress Open Letter

Ripple, the entity notionally behind cryptocurrency XRP, has asked US lawmakers for more advantageous regulation, saying it is “serving the greater good. ” Ripple Wants To ‘Serve Greater Good’ In an open letter to Congress ahead of a fresh hearing on crypto and blockchain policy July 30, CEO Brad Garlinghouse requested politicians not apply a one-size-fits-all approach to the industry. дальше »

2019-7-29 15:00


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Circle Shifts Exchange Operations to New Bermuda Office

As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore. дальше »

2019-7-23 22:15


Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto. дальше »

2019-7-17 23:27


Banks, financial institutions unlikely to disappear despite disruption by digital assets

The cryptocurrency landscape has always been closely scrutinized, with its cons highlighted by several lawmakers across the world. While conceptualized as a decentralized alternative to mainstream banking and financial institutions, cryptocurrencies today have emerged to become more than just a payment option. дальше »

2019-7-16 18:30


Japan rolls out Libra ‘working group’ to assess macro-economic impact; looks to include G7 countries

Can Libra survive the Tokyo Drift? It has been a little over a month since Libra was unveiled and yet, it seems to have been a lot longer. The litany of reports, concerns, hearings and reactions from lawmakers regarding Libra is certainly entertaining for the cryptocurrency community, but it does pose an interesting question – […] The post Japan rolls out Libra ‘working group’ to assess macro-economic impact; looks to include G7 countries appeared first on AMBCrypto. дальше »

2019-7-13 11:00


Congressman Warren Davidson: SEC Is Taking A “Third World” Approach To Crypto Regulations

Even with the stance that the Securities and Exchange Commission (SEC) has officially taken in the cryptocurrency community, there are still plenty of lawmakers that do not agree at all. Republican Congressman Warren Davidson is easily one of those people, criticizing the SEC for taking a “third-world, developing-economy approach.” As Davidson explained, the approach being […] дальше »

2019-6-27 01:43


Rep. Waters calls for a ‘moratorium’ on Facebook’s crypto development; hearing on July 16

Facebook’s tryst with privacy and security issues is no myth. Its new cryptocurrency Libra failed to reap a positive response from the US lawmakers. Adding to its woes, Democratic Rep. Maxine Waters called for a “moratorium” in the development of the corporate giant’s cryptocurrency project Libra. дальше »

2019-6-21 10:08


Власти США просят Facebook отсрочить продвижение их криптовалюты

Член Палаты представителей США Максин Уотерс призвала крупнейшую социальную сеть Facebook прекратить работу над проектом Libra. Об этом в серии твитов сообщил репортер CNN Брайан Фанг. По словам Фанга, конгрессмен Уотерс назвала новую инициативу «еще одним примером неконтролируемой экспансии Facebook». дальше »

2019-6-19 11:10


Американские конгрессмены призвали Facebook приостановить работу над криптовалютой Libra

Член Палаты представителей США Максин Уотерс призвала крупнейшую социальную сеть Facebook прекратить работу над проектом Libra. Об этом в серии твитов сообщил репортер CNN Брайан Фанг. По словам Фанга, конгрессмен Уотерс назвала новую инициативу «еще одним примером неконтролируемой экспансии Facebook». дальше »

2019-6-19 09:48


FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Delays Adoption Of Regulations

FATF Orders Lawmakers To Expand Crypto Terminology On Federal Bill, Holding Up Adoption Of Regulations Adoption of cryptocurrency regulations has been postponed in Russia. FATF requires the terminology be changed to reflect major industry phrases like “Bitcoin” and “cryptocurrency. дальше »

2019-5-21 22:12


Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog

By CCN. com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports. дальше »

2019-4-26 17:17


US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter

Government institutions in the United States of America have played a pivotal role in controlling the fate of cryptocurrencies and the digital asset market, in general. One of the main issues that lawmakers and government officials raise is the taxation on cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH], which was discussed again in a recent […] The post US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter appeared first on AMBCrypto. дальше »

2019-4-12 17:00


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »

2019-4-8 11:17