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NY Attorney General goes after Tether and Bitfinex for $850M cover-up

The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether. As court documents dated April 24 state, neither Bitfinex nor Tether are licensed to operate in the state of New York, and yet the Office of the Attorney General (OAG) believes New York-based investors did use the exchange to trade Tether. дальше »

2019-4-26 12:29


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US Presidential Candidate Yang Promises ‘Clear’ Bitcoin Regulation

2020 US Presidential hopeful Andrew Yang has given the clearest sign yet that he welcomes Bitcoin, releasing a dedicated statement on cryptocurrency regulation this week. Yang Highlights ‘Vast Potential’ Yang, whose pitch revolves around radical economic policy such as installing a Universal Basic Income (UBI), said that he would create “clear” legislation on crypto, using pro-industry legal schemes such as that of Wyoming as role models. дальше »

2019-4-19 19:00


Crypto Regulation: SEC Staff Publish Guidelines on Digital Assets

Two commissioners at the US SEC have published digital asset guidelines to help those launching or investing in various cryptos decide whether they fall under existing securities legislation. Whilst not an official SEC ruling, the commissioners behind the guidelines hope that they will aid market participants in determining the legality of a digital asset investment. дальше »

2019-4-4 00:00


Global P2P Marketplace Leader LocalBitcoins Will Be Supervised By Finland’s Financial Authority

LocalBitcoins Will Be Supervised By Finland’s Financial Supervisory Authority An international peer to peer (P2P) cryptocurrency exchange called LocalBitcoins will start to be regulated soon. The company has recently announced that the Financial Supervisory Authority of Finland would start to supervise its activities. дальше »

2019-3-26 23:40


Switzerland’s Parliament Approves Motion for Cryptocurrency Regulations

The Swiss Federal Assembly, which handles government legislation, approved on March 20th a motion directing the Federal Council to regulate cryptocurrencies. Switzerland has long been recognized as a leading hub of blockchain and cryptocurrency technology, with the Swiss town of Zug internationally referred to as “Crypto Valley. дальше »

2019-3-21 15:52


If properly enforced, GDPR can solve social media’s biggest problems

From concerns about data sharing to the hosting of harmful content, every week seems to bring more clamour for new laws to regulate the technology giants and make the internet “safer”. But what if our existing data protection laws, at least in Europe, could achieve most of the job? Germany has already started introducing new legislation, enacting a law in 2018 that forces social media firms to remove hateful content. дальше »

2019-3-12 18:58


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Texas Law Threatens Cryptocurrency Users With ‘Oddly-Drafted’ Privacy Demands

Cryptocurrency lawyer and Coin Center head of research Peter van Valkenburgh has led criticism of a controversial new US law currently before lawmakers in Texas. ‘Not How Digital Currencies Work’ The bill, HB 4371, affects Texas only, seeking to ban usage of anonymous cryptocurrencies between unidentified parties. дальше »

2019-3-11 17:00


Former IBM Chair Talks About the Struggles of Public Blockchain and EU Privacy Laws Co-Existing

You may remember when new privacy laws were passed in the European Union (EU) recently and almost all the sites you visited warned you that they changed their policies, right? Well, unfortunately, the public blockchains are yet to be fully adequate to this new legislation, according to Sam Palmisano, the retired chairman of IBM. Palmisano, […] дальше »

2019-3-6 01:18


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Pending Cryptocurrency Legislation List Highlights High-Impact Areas

With the advent of blockchain and cryptocurrencies disrupting our financial systems, regulators are forced to investigate the utility of this technology and propose new rules to ensure that citizens are able to receive the maximum benefit from using decentralized digital assets while minimizing any of its potentially harmful effects. дальше »

2019-3-4 19:00


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Cryptocurrency Regulation: Lawmakers in Rhode Island Introduce Bill Exempting Some Tokens from Securities Law

A group of state lawmakers in Rhode Island has introduced a bill that will provide an exemption for some cryptocurrency tokens from securities law. Rhode Island becomes the next state after Colorado and Wyoming to go about establishing clear-cut regulations for the emerging virtual currency landscape. дальше »

2019-3-4 15:00


Do KYC and AML Cryptocurrency Compliance Regulations and Rules Hurt Investor Privacy?

The Strip-Down Feeling of Crypto Compliance The Price Attached to Compliance When it comes to the service of transmitting money, especially when it comes to those companies that allow for switching between fiat currencies and cryptocurrencies, they're often made to feel obligated to be in compliance with the firm anti-money laundering legislation (AML) which also […] дальше »

2019-2-23 02:43


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Wyoming Becomes First State To Give Bitcoin Owners Full Property Rights

Cryptocurrency advocates are celebrating Friday after the US state of Wyoming passed a bill giving direct property rights to cryptocurrency holders. Wyoming Senate Passes Crypto Property Bill Bill SF0125 passed its second and third Senate readings February 13 and 14 respectively, and will now go before governor Mark Gordon for endorsement, becoming law as early as next week. дальше »

2019-2-15 12:00


In Hopes Of Establishing Regulatory Clarity In EU, Ripple Turns To Parliament Member

Ripple has been the subject of discussion for the E.U. as they have been working to create legislation that would properly regulate the cryptocurrency industry. This cross-border trading platform is working to build up their case, recently asking Eva Kaili to support their endeavor with the European Commission and the European Central Bank (ECB). Kaili […] дальше »

2019-2-10 20:15


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Washington State Senate Introduces Bill Promoting Blockchain Technology

Washington State has decided to begin 2019 with a focus on technological innovation, and despite past difficulties by other states,  a group of senators recently introduced a bill that seeks to make a series of amendments to current legislation to promote the use of blockchain technologies, especially in the area of identity verification. дальше »

2019-1-29 18:52


Washington State Introduces Bill Encouraging Development of Blockchain and DLT

The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal recognition necessary to enforce these standards. дальше »

2019-1-28 00:22


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »

2019-1-24 20:28