regulation

Joseph Pierce August 23, 2018

[ad_1] Japan’s positive stance on cryptocurrencies just got reaffirmed. “We have no intention to curb (the crypto industry) excessively,” said Toshihide Endo, the commissioner of Financial Services Agency (FSA), Japan’s top financial regulator. No Plans to Curb Crypto In a recent interview with Reuters, Endo said that the FSA was trying to promote technological innovation […]

Joseph Pierce August 22, 2018

[ad_1] Some of the crypto industry’s biggest exchanges are joining with the Winklevosses in an effort to bring self-regulation to a market that many perceive to be fly-by-night and unstructured. Five months following its creation, the Virtual Commodity Association (VCA) has onboarded Bittrex, bitFlyer USA and Bitstamp, a site update reveals. A press release detailing […]

Joseph Pierce August 9, 2018

[ad_1] 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 […]

Joseph Pierce June 13, 2018

[ad_1] 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” […]

Joseph Pierce May 22, 2018

[ad_1] 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 […]

Joseph Pierce May 21, 2018

[ad_1] 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 […]

Joseph Pierce May 16, 2018

[ad_1] 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 […]

Joseph Pierce April 17, 2018

[ad_1] 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 […]

Joseph Pierce April 7, 2018

[ad_1] 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,” […]

Joseph Pierce April 5, 2018

[ad_1] 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 […]