regulation

MrBitcoin August 9, 2018

Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect last month. Of the 50 Interested in Licenses, Three Have Applied Already Since the Thai Finance Ministry announced that they would […]

MrBitcoin June 13, 2018

Wilma Woo · June 13, 2018 · 9:00 am The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – […]

MrBitcoin May 22, 2018

The Commodity Futures Trading Commission (CFTC) — the United States’ top-ranking derivatives regulator — has published an advisory providing further guidance to both clearinghouses and exchanges seeking to list cryptocurrencies on their platforms. The cryptocurrency space has been riddled with concerns about the vetting process for contracts, like bitcoin futures, and the CFTC is looking […]

MrBitcoin May 21, 2018

Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators. Kraken Backs Blockchain Think Tank Executive Director of Coin Center, Jerry Brito, made the surprise announcement at the […]

MrBitcoin May 16, 2018

Nick Chong · May 16, 2018 · 9:00 am It seems that the creator of the Avalon Bitcoin ASIC mining hardware has taken moves to secure a stock listing spot on the Hong Kong stock exchange. The company, usually known as Canaan, is seeking for $1 billion in IPO funding. Canaan Creative, better known for their […]

MrBitcoin April 17, 2018

Cryptocurrency investors appear to be skirting their taxes. Whether keeping with crypto’s anti-establishment roots or for lack of ability, American cryptocurrency practitioners are testing the IRS’s tolerance for crypto tax evasion. Tax day in the United States is tomorrow, April 17, 2018, but according to the popular tax filing service Credit Karma, few cryptocurrency holders […]

MrBitcoin April 7, 2018

A bogus startup offering 8% weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto-related financial crimes by U.S. regulators. The Board filed a cease-and-desist order (CDO) against Mark Moncher for allegedly trying to sell unregistered securities through his “Financial Freedom Club,” also […]

MrBitcoin April 5, 2018

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies. “In view of the associated risks, it has been decided that, with immediate […]

MrBitcoin March 14, 2018

New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to make it past studies and commissions and into the hands of the legislative branch. Kim introduced the legislation on […]