カテゴリー: Laws

Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

Regulators Hinder the Development of Cryptocurrencies, Central Bank Official SaysAn excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion […]

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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong […]

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Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian […]

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Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian […]

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Russian Miners Sell Their Equipment Amid Market Plunge

Russian Miners Sell Their Equipment Amid Market PlungeA growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very […]

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Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws

Korean Lawyers Lobby Government to Pass Several Cryptocurrency LawsThe 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. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws

Korean Lawyers Lobby Government to Pass Several Cryptocurrency LawsThe 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. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Taiwan Passes Law to Crack Down on Anonymous Cryptocurrency Transactions

Taiwan Passes Law to Crack Down on Anonymous Cryptocurrency TransactionsThe 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.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The Legislative Yuan, Taiwan’s highest legislative body, on Friday passed some amendments to existing laws aimed […]

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Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years

Ukraine Plans to Fully Legalize Cryptocurrencies Within Three YearsThe government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the country’s economy. Also read: […]

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Blockchain Surveillance Firm Partners With Cryptocurrency Exchange Binance

Blockchain Surveillance Firm Partners With Cryptocurrency Exchange BinanceOn Oct. 17, the world’s largest cryptocurrency exchange by volume, Binance, announced a partnership with blockchain surveillance company Chainalysis. According to the exchange, Chainalysis has implemented a compliance solution that meets regulatory guidelines worldwide. Also read: Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus Binance Is Using Chainalysis for Compliance    According to a press […]

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