カテゴリー: Regulations

ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing

ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds HearingA recent “analysis of 1,450 cryptocurrency offerings” published by the Wall Street Journal has claimed to have revealed “rampant plagiarism, identity theft, and promises of improbable returns.” In other ICO news, Bermuda’s parliament has passed regulations that will legitimize initial coin offerings as a means of fundraising, and Thailand’s SEC held a hearing regarding its upcoming […]

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Onchain Capital Founder Bullish on BCH and ETH

Onchain Capital Founder Bullish on BCH and ETHThe founder of Onchain Capital, and host of CNBC Africa’s ‘Crypto Trader’ show, Ran Neu-Ner, recently discussed his outlook for cryptocurrency regulation, initial coin offering (ICOs), and shared his outlook for several top cryptocurrencies markets. Mr. Neu-Ner described Bitcoin Cash and Ethereum as markets that he intends to ‘HODL’, adding that right now, he is passing […]

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Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash

Poland Backpedals on “Irrational” Crypto Tax After Strong BacklashAuthorities in Poland have realized how inapplicable their decision to tax all crypto transactions really is. A high-ranking official from the Finance Ministry said in an interview that his department “accepts the irrational effect” of the tax it wanted to levy on every purchase and sale of cryptocurrency, regardless of their profitability. Other reports suggest […]

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This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida

This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in FloridaA notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and […]

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Cryptocurrency is Property in Russia, Justice Minister Confirms

Cryptocurrency is Property in Russia, Justice Minister ConfirmsThe Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” […]

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Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”

Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”Russia’s Prime Minister Dmitry Medvedev has shed some light on the progress authorities are making towards adopting the long-awaited crypto regulations. Legislators will replace common words like “cryptocurrencies” and “tokens” with legal terms such as “digital money” and “digital rights”, he revealed. Two draft laws have been filed in the Duma. One of the bills […]

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EU Adopts Rules to Reduce Anonymity for Crypto Users

EU Adopts Rules to Reduce Anonymity for Crypto UsersA directive affecting the crypto sector in Europe has been adopted by the EU Council. The document updates the anti-money laundering legislation of the European Union to address, among other issues, “the risks linked to virtual currencies.” The new rules aim to reduce anonymity for both users and transactions with requirements for know-your-customer procedures that […]

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Pakistanis Find Ways to Trade Bitcoin Rendering Ban Ineffective

Pakistanis Find Ways to Trade Bitcoin Rendering Ban IneffectiveThe crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual traders, however, are finding alternative ways to acquire or sell cryptocurrencies, defying the warnings and […]

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Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial Instruments

Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial InstrumentsThe Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favors a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says.   Also read: Ukraine to […]

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Cblocks Moves to Canada Citing Regulatory Hurdles

Cblocks Moves to Canada Citing Regulatory HurdlesMiami-based Cblocks has announced that it will relocate to Canada, citing a lack of regulatory clarity regarding cryptocurrency in the United States as the principal catalyst for the move. Also Read: South Korean Top Regulator Considers Easing Cryptocurrency Regulations Cblocks to Relocate to Canada Cblocks, a Miami-based company that generated $32,000 in a month through selling […]

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