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Facebook Assures Senate Committee That They Will Play by the Rules
David Marcus, the head of Calibra, wrote a letter to the House Financial Services Committee solidifying Facebook’s stance that they will ensure customer privacy and are taking their time to roll out Libra, allowing it to be done correctly, as reported by The Hill. дальше »
2019-7-10 13:00 | |
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Chainlink resists Bitcoin’s influence; surges by over 5% in an hour
The market has been following Bitcoin’s trend for a long time. However, one coin that is not playing by Bitcoin’s rules is Chainlink [LINK]. A few days back, LINK surged by a massive 320% on the back of Google’s announcement of integrating it into its cloud-based services. дальше »
2019-7-5 17:15 | |
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Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament
On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism. дальше »
2019-7-2 19:10 | |
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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
Last May, the U. S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. дальше »
2019-6-27 01:10 | |
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PR: New FATF Rules See VASP Industry Convene for V20 Summit
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service Providers (VASPs) for the first-ever V20 Summit, to be held as a concurrent event to the G20 on June 28-29 in Osaka, Japan. дальше »
2019-6-26 12:30 | |
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AICPA to Update Auditing Rules to Reflect Blockchain and New Technologies
The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA), has announced plans to update the existing auditing standards to reflect the impact of new technologies such as distributed ledger technology (DLT), robotic process automation (RPA), artificial intelligence (AI) and others on the rapidly evolving technical audit industry, according to aRead MoreRead More. дальше »
2019-6-26 05:00 | |
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Bitcoin IRA Partners with BitGo to Improve Retail Offering
Bitcoin IRA, a digital assets company that helps people add cryptocurrency to their retirement portfolios and 401K’s, has officially launched a self-directed IRA, as per a press release, June 25, 2019. дальше »
2019-6-26 01:00 | |
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Crypto Taxation Rules in Australia are Wildly Unjustified
A resident of Australia paid a whopping $100,000 of tax on Ethereum coins currently worth $20,000, pushing the investor into a net loss from a freak tax event. The rules for taxation of cryptocurrency in Australia are unfair to investors and holders, leading experts to call for reform, as reported by Micky on June 24, 2019. дальше »
2019-6-24 21:00 | |
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FATF Releases Global Standards for Crypto Assets
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial institutions. дальше »
2019-6-22 08:57 | |
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PR: Legislators Support V20 Summit in Response to New FATF Rules
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs) and legislators from jurisdictions to discuss implications and explore possible technical solutions to achieve the desired outcomes of a new set of recommendations proposed by the Financial Action Task Force (FATF). дальше »
2019-6-18 12:30 | |
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Blockchain Projects in the EU to Benefit from Publicly Available Data
The Council of European Union, the institution representing the member states’ government, has implemented new rules that will promote the use of publicly held data. These will include real-time datasets pertaining to weather and transportation and will be in blockchain and artificial intelligence (AI) projects to foster digital innovation across the European Union (EU), reportsRead MoreRead More. дальше »
2019-6-18 09:00 | |
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New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. дальше »
2019-6-17 13:00 | |
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US Regulator Fines and Suspends Former Banker for Mining Bitcoin
By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice. дальше »
2019-6-15 16:11 | |
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Bitcoin Plays By Its Own Set of Rules, New Market Research Finds
Financial market analytics firm Indexica says the prime drivers for Bitcoin and the cryptocurrency market are completely different from those seen in the mainstream arena. Bitcoin Price Drivers Remain a Mystery Speaking to Forbes, Zak Selbert, the Indexica CEO said bitcoin and other cryptocurrencies do not behave in a similar manner to mainstream asset classes. дальше »
2019-6-14 22:00 | |
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Buy Bitcoin: Hong Kong Protests Spark Fervor Regarding Freedom, Democracy
Bitcoin (BTC), a digital currency not bound by the traditional rules of fiat, may seem nebulous and useless, but geopolitical and macroeconomic events are quickly proving its viability. Over the past week, Hong Kong has. дальше »
2019-6-13 15:00 | |
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‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks
Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. дальше »
2019-6-12 20:00 | |
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Tightened Identity Regulations Could Spell Trouble for Crypto Exchanges
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector. дальше »
2019-6-12 11:00 | |
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France Set to Introduce Clear Regulations for Cryptocurrency Token Sales
The French government is looking to introduce clear-cut regulations for ICOs in the country. As reported by Crowdfund Insider on June 10, 2019, regulators in the country want to issue rules governing the issuance of utility ICO tokens, which would serve as a new “ICO regime. дальше »
2019-6-12 09:00 | |
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International Accounting Standards Board believes Bitcoin will be gone within five years
The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments. So far, onerous accounting standards have hindered Bitcoin and cryptocurrency adoption. дальше »
2019-6-11 12:38 | |
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Israel’s Supreme Court Finally Rules in Favor of Bits of Gold Exchange
The long-standing court battle between Bits of Gold, one of Israel’s pioneer bitcoin trading venues and Bank Leumi, the nation’s second-largest lender, has finally come to an end as the Israeli Supreme Court has ruled in favor of the cryptocurrency exchange. дальше »
2019-6-4 21:00 | |
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Australian Government Publishes Update on Cryptocurrency and ICO Rules
The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). дальше »
2019-6-1 19:04 | |
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Associated Press Mocked Relentlessly Over Ridiculous Bitcoin ‘Style’ Rules
By CCN: The Associated Press got dragged on Twitter after issuing its ridiculous style rules for bitcoin and cryptocurrencies. In short, the AP guidelines underscored that the self-proclaimed editorial style gurus don’t understand crypto at all. дальше »
2019-5-31 18:13 | |
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IRS Set to Introduce Clear-cut Cryptocurrency Tax Rules
The IRS appears to have listened to concerns raised by various parties concerning clear cryptocurrency guidelines. As Coincenter reports, the tax administrator responded to a letter by a bi-partisan group of the U. дальше »
2019-5-24 20:29 | |
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Anti-Money Laundering Efforts in Japan Become More Aggressive Towards Bitcoin
Japan is tightening their anti-money laundering efforts to go after Bitcoin exchanges. Russian and Dutch governments are also becoming restrictive in their cryptocurrency regulations, particularly involving money laundering efforts. дальше »
2019-5-23 17:06 | |
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Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains
An Israeli judge has ruled that bitcoin is an asset and not a currency
дальше »2019-5-22 16:54 | |
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Bitcoin Bull’s $800,000 Tax Bill Due as Israeli Court Rules Crypto is ‘Property’
By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes. дальше »
2019-5-22 15:39 | |
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Israeli Court Rules Bitcoin Is an Asset
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. дальше »
2019-5-22 10:14 | |
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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 | |
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Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!
To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance. дальше »
2019-5-21 21:10 | |
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Bitcoin [BTC]: Andreas Antonopoulos explains reason behind unknown block versions being mined
Andreas Antonopoulos, the author of Mastering Bitcoin and well-known Bitcoin proponent, spoke about unknown block versions being mined in relation to the Bitcoin blockchain, during the latest Q&A session on YouTube. дальше »
2019-5-16 04:30 | |
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2020 Presidential Runner Andrew Yang Affirms Regulars Need To Be Clear With Crypto Rules and Regulations
Andrew Yang is the crypto candidate for president of the United States. Because of this, he basically had to appear on Consensus 2019, the most important crypto conference in the United States. There, the hopeful candidate discussed several issues like Bitcoin, the blockchain technology and his pretension to run for the White House. During his […] дальше »
2019-5-16 04:05 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Craig Wright’s Wife Nets Legal Victory in Quest to Reclaim Lost Bitcoin
By CCN: Craig Wright’s wife, Ramona Ang, sued a Cypriot futures exchange, UFX, for closing her account in August 2017 and effectively throwing a wet blanket on her investment goals. The exchange also refused to allow her to withdraw the funds she had used to invest in Bitcoin futures. дальше »
2019-5-8 21:28 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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Swiss Stock Exchange Rules Out Bitcoin Trading
Thomas Zeeb, head of securities and exchanges for Swiss stock exchange (SIX), has been talking about its planned digital exchange. Speaking to finews. com, he explained how far along the SDX (SIX Digital Exchange) is, and why cryptocurrency trading is out. дальше »
2019-5-7 17:00 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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Bitcoin Core 0.18.0 Release: Here’s What’s New
Today, May 2, 2019, marks the official release of Bitcoin Core 0. 18. 0, the 18th generation of Bitcoin’s original software client launched by Satoshi Nakomoto almost 10 years ago, and still the dominant Bitcoin implementation on the network today. дальше »
2019-5-3 16:02 | |
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Japan finance regulator raids cryptocurrency exchanges in money laundering sweep
Japan‘s top financial regulator has raided two cryptocurrency exchanges to enforce anti-money laundering rules, Reuters reports. Financial Services Agency (FSA) agents inspected digital asset firms Huobi Japan and Fisco Cryptocurrency Exchange to make sure appropriate customer protections were in place. дальше »
2019-4-23 17:28 | |
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Bitcoin SV’s Delisting Isn’t ‘Censorship.’ But It’s Still a Problem
The controversy over delisting bitcoin SV shows why crypto exchanges need more consistent standards and rules. дальше »
2019-4-22 11:00 | |
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What Are The Effects on the Bitcoin Space of Crypto Money Laundering Rules?
Cryptocurrencies have been expanding around the world since they were created. Not only Bitcoin (BTC) but many others with different characteristics. However, there are some issues with them and how they are regulated. дальше »
2019-4-21 03:37 | |
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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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Blame Game: NYSE-Backed Bakkt’s Delayed Launch Is Not CFTC’s Fault
By CCN: Bakkt, the moon-shot bitcoin bet of trading behemoth Intercontinental Exchange (ICE), still can’t get approval from the U. S. Commodity Futures Trading Commission (CFTC). Many now believe its hopes depend on getting a much-hated BitLicense from New York. дальше »
2019-4-19 00:45 | |
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO
Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. дальше »
2019-4-19 18:33 | |
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Player Scores 161 BTC Single Spin Jackpot in Cloudbet’s Bitcoin Casino
Cloudbet, the leading bitcoin casino, and sportsbook, has reported another huge casino winner. The lucky player walked away with an eye-watering 45 BTC in profits (nearly €210,000 in today’s exchange rates) from a session in their Multifruit 81 bitcoin slot. дальше »
2019-4-16 15:17 | |
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