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European Banking Authority Calls for New Unified Legislation Regarding Crypto Assets
The European Banking Authority has published its assessment of laws regarding crypto assets and urged the European Commission to draw new pan-EU rules that would increase consumer protection. Current EU Laws Enable Manipulation, EBA Says The European Union could be implementing a new set of laws regarding cryptocurrencies in the following year, as the Union’s […] The post European Banking Authority Calls for New Unified Legislation Regarding Crypto Assets appeared first on CryptoSlate. дальше »
2019-1-12 12:59 | |
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EU Banking Authority Urges Bitcoin Law, What it Means For BTC
The European Banking Authority (EBA) has called for pan-EU rules on bitcoin and other crypto assets. The London-based regulatory agency reached the European Commission, which drafts EU legislation, with its official report on cryptocurrency laws. дальше »
2019-1-9 17:16 | |
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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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Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups
A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws. дальше »
2019-1-5 01:35 | |
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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 Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition
Two U. S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. дальше »
2018-12-21 17:45 | |
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US: New Legislation Proposes to Exclude Crypto From Securities Laws
A bill in the U.S. Congress would exclude cryptocurrencies from being defined as securities under current law
дальше »2018-12-21 01:25 | |
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Congressmen Warren Davidson and Darren Soto Introduce New Token Taxonomy Act for Crypto Assets
The Congressmen Warren Davidson and Darren Soto announced the Token Taxonomy Act, H. R. 7356. The main intention behind this act is to provide a clear regulatory environment for businesses and companies in the blockchain environment. дальше »
2018-12-21 23:33 | |
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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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French National Assembly Rejects Plan to Loosen Crypto Taxes
The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space. As reported by Bitcoin. дальше »
2018-12-20 22:13 | |
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Switzerland Takes New Direction in Crypto and Blockchain Regulation
CoinSpeaker Switzerland Takes New Direction in Crypto and Blockchain Regulation The Swiss government wants to adjust its existing financial laws to the needs of the blockchain sector with a view to support its development. дальше »
2018-12-18 13:42 | |
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Switzerland Aims for Conducive Regulatory Framework for Blockchain, Crypto Companies
The Swiss government has advised regulators not to create new legislations but instead make adjustments to existing laws to accommodate companies in the blockchain and cryptocurrency space. The amendments should focus on enhancing Switzerland’s position as a blockchain-friendly country, the Swiss Federal Council said last week. дальше »
2018-12-18 22:53 | |
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Switzerland To Amend Existing Financial Laws To Regulate Crypto And Blockchain Technologies
The Federal Council commissioned further analyses by the Federal Department of Finance and the Federal Department of Justice and Police to improve the country’s financial landscape.
дальше »2018-12-18 22:39 | |
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Hong Kong’s SFC Creates New Regulations, But Might Hurt Newcomers from Entering Crypto Market
Of every place in the world, Asia is easily one of the most regulated continents for their crypto rulings. However, each country within it has a different way that they deal with the digital asset, and Hong Kong is just the latest country to make their determination. Unfortunately, the laws are fairly strict on the […] дальше »
2018-12-17 20:47 | |
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Japan Publishes Draft Report of New Crypto Regulations
Japan’s Financial Services Agency has published its draft report outlining new cryptocurrency regulations. The report contains measures in areas that are not currently addressed in existing laws such as hacking incidents, self-regulation, deemed dealers, privacy coins, and margin trading. дальше »
2018-12-17 09:50 | |
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Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws
In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions. дальше »
2018-12-16 22:10 | |
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Switzerland to Relax Laws for Blockchain and Crypto Startups
The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy. дальше »
2018-12-16 03:00 | |
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25% of Pantera Capital ICO Projects May Have to Refund Investors
Crypto hedge fund Pantera Capital says that as much as one-quarter of the projects its ICO fund invested in may be in violation of US securities laws after the SEC decision. Things keep going from bad to worse for US blockchain companies that held ICOs without registering with the SEC. дальше »
2018-12-15 00:00 | |
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Crypto ICO Price Continues to Fall, Likely Due to Growing Regulatory Pressure
Blockchain and crypto projects that raised millions of dollars via tokenized crowdfunding means are now lining up to return their capital to their original investors. Because apparently, they were not allowed to raise funds in the first place. дальше »
2018-12-14 18:45 | |
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Altcoincalypse: Pantera Capital believes 25% of their ICO investments will have to refund their investors
Pantera Capital Management, an investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets, said about 25 percent of the projects that its ICO fund invested in could be in violation of U. дальше »
2018-12-14 02:32 | |
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Canadian City Launches ‘Calgary Digital Dollar’ Cryptocurrency to Boost Local Economy
Canada and its famous city Calgary has long been a significant proponent of cryptocurrencies. With relatively lax sets of laws and regulations regarding the budding crypto markets and blockchain industry, Calgary presents itself as a de facto Canadian safe haven for cryptocurrency enthusiasts. дальше »
2018-12-11 03:52 | |
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The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha
U. K. -based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily. We also look at the SEC’s decision to fine another crypto company for breaching U. дальше »
2018-12-9 15:30 | |
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Chilean Court Rules in Favor of Closing Bank Accounts of Crypto Exchange Orionx
In a landmark judgment, the Supreme Court of Chile has ruled that state-owned Bancoestado was justified in closing the accounts of cryptocurrency exchange Orionx without explanation. The judges ruled that the bank acted in compliance with laws on money laundering and terrorist financing, a threat allegedly posed by censorship-resistant, decentralized cryptocurrencies. дальше »
2018-12-6 14:30 | |
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This Year's G20 Put an Emphasis on Cryptocurrency Regulation
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. дальше »
2018-12-4 23:44 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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Japan Unveils Plans to Regulate Initial Coin Offerings
Japan’s Financial Services Agency has held several meetings to discuss how to best regulate initial coin offerings. In addition to registration requirements, the regulator reportedly plans to amend two existing laws that can be applied to token sales. дальше »
2018-12-3 14:15 | |
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Thailand’s SEC Clarifies How Laws Can Apply To Crypto Asset Securities
The Thailand Securities and Exchange Commission (SEC) has decided to explain how already existing laws could be applied to crypto securities. Another thing to mention is that Thai companies that are planning to issue securities tokens abroad need to follow specific regulations. дальше »
2018-12-2 00:55 | |
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Thai SEC Explains Two Laws Could Apply to Crypto Securities
Thailand’s Securities and Exchange Commission (SEC) has reportedly clarified how existing laws can apply to crypto securities. In addition, Thai companies planning to issue securities tokens abroad would be guilty of wrongdoing under the Digital Asset Act for avoiding regulated fundraising channels. дальше »
2018-12-1 07:50 | |
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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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Two Banks Pay $182M For Market Manipulation
Market manipulation is rampant, the banks hold all the cards and whales routinely move prices in their favor. Oh, and that probably happens in crypto markets, too. In the latest demonstration that crypto markets are child’s play compared to real financial manipulation, two major banks have settled lawsuits from investors alleging violations of anti-monopoly laws. дальше »
2018-11-25 17:30 | |
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Edward Snowden Bullish On Crypto: Blockchain Money Makes Sense
In 2013, to the chagrin of the U. S. government, Edward Snowden broke America’s laws of secrecy in dramatic fashion, unveiling metaphorical heaps of the NSA’s classified documents to the public at large. дальше »
2018-11-23 16:08 | |
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Why is the Newest SEC Statement Important for Initial Coin Offerings and the Crypto Space?
The U. S. Securities and Exchange Commission (SEC) released a statement in which the agency informs that Initial Coin Offerings (ICOs) must be compliant with securities laws. Two ICOs that have been sanctioned for selling unregistered securities are Paragon and AirFox. дальше »
2018-11-22 09:08 | |
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Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws
The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. дальше »
2018-11-9 23:50 | |
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BTC/USD Price Analysis: Institutions Buying Bitcoin ahead of Bakkt Bitcoin Futures Launch as Price Bounce off $6,000
Latest Bitcoin News It is increasingly becoming clear that institutions are beginning to embrace crypto as an investment asset. After Morgan Stanley research findings concluded that BTC is no longer a store of value but an institutional asset class, it is only necessary for regulators to formulate laws that satiate the demand of investors. дальше »
2018-11-5 16:29 | |
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Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions
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. дальше »
2018-11-5 01:15 | |
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Taiwan Passes Law to Crack Down on Anonymous Cryptocurrency Transactions
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. дальше »
2018-11-5 01:15 | |
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Malta’s New Virtual Financial Assets Act 2018 (VFA) Officially in Effect for Investor Safety
The crypto boom of the last couple of years was a shot in the arm for many small economies in Europe. This opened the doors for investment and growth in many small countries. Places like the Baltic states grabbed this opportunity by quickly passing a slew of laws to simplify online transactions. Malta was no […] дальше »
2018-11-3 18:28 | |
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Taiwan Regulator Places New AML and CFT Rules For Bitcoin Exchanges
Taiwan Legislature Places New Requirements For Cryptocurrency Exchanges A new Taiwan law has been passed to amend existing anti-money laundering (AML) and counter-terrorism financing (CFT) laws to require crypto exchanges to give some information to the government and change their compliance rules. дальше »
2018-11-3 00:12 | |
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Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds
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. дальше »
2018-11-2 00:40 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Report: Cryptocurrencies Should Be Governed by Current EU Financial Laws
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. дальше »
2018-10-23 00:41 | |
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European Securities and Markets Authority (ESMA) Discusses Crypto Asset Regulation with Current Laws
Under existing cryptocurrency rules in the European Union, EU, as transferable crypto assets used in payments (such as bitcoin) are increasingly considered as investments, it could consider such assets under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations, which came into force in January. дальше »
2018-10-22 21:54 | |
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