Bitcoin Regulation

Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days

1 month ago admin2 Comments Off on Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days
The Texas State Security Board (TSSB) issued a cease-and-desist order May 8 to a Bitcoin investment company that reportedly offers unregistered securities and makes deceiving statements that mislead investors. An official notice was issued to Forex EA & Bitcoin Investment LLC, represented by two individuals, James Butcher and Richard Dunn. The TSSB, according to the Read More

Portuguese Parliament to Discuss Cryptocurrency Payment Regulations

2 months ago admin2 Comments Off on Portuguese Parliament to Discuss Cryptocurrency Payment Regulations
Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. Portugal’s parliament is set to discuss cryptocurrency payment regulations this week, with the goal of adopting a new legal framework for cryptocurrency payment services, while guaranteeing users’ safety using these services. According to local news outlet Jornal de Negócios, applicable Read More

CryptoUK Trade Association Calls On MPs To Regulate Cryptocurrency Sector In UK

2 months ago admin2 Comments Off on CryptoUK Trade Association Calls On MPs To Regulate Cryptocurrency Sector In UK
CryptoUK, a self-regulatory trade association for the UK cryptocurrency industry, addressed several Members of Parliament (MPs) to advocate for favorable regulations in the sector, news outlet City A.M. reported May 1. The association set out its proposals in writing to the Treasury Select Committee’s inquiry into cryptocurrencies today. The inquiry intends to examine the role Read More

CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’

2 months ago admin2 Comments Off on CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’
The US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo said he doesn’t see comprehensive crypto legislation coming from the federal level in the near future, CNBC reports April 30. In an interview on Monday, Giancarlo pointed out that the statutes by which the CFTC is operating were written in 1935. He said that embracing Read More

SEC: ICO Tokens Should Be Regulated as Securities, Not Bitcoin

2 months ago admin2 Comments Off on SEC: ICO Tokens Should Be Regulated as Securities, Not Bitcoin
Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. The role of cryptocurrencies was thrust into the spotlight during a hearing between Congress and the US Securities and Exchange Commission. The US House of Representatives Committee on Appropriations held a hearing with the Wall Street regulator on April 26, Read More

Japanese Crypto Exchange Everybody’s Bitcoin Receives Citation From Financial Regulators

2 months ago admin2 Comments Off on Japanese Crypto Exchange Everybody’s Bitcoin Receives Citation From Financial Regulators
Tokyo-based virtual currency exchange Everybody’s Bitcoin Co. Ltd. has been issued an official warning by the Japanese Financial Services Agency (FSA), according to a press release April 25. Citing articles of the Supplementary Provisions Act on Financial Settlement, the FSA issued the company an improvement notice, which obliges them to rectify any inconsistencies or shortcomings Read More

Capital Group Prohibits Associates, Family Members From Investing In ICOs

2 months ago admin2 Comments Off on Capital Group Prohibits Associates, Family Members From Investing In ICOs
Capital Group, an American financial services company and one of the world’s oldest investment management organizations, has prohibited its associates and their immediate family members from investing in Initial Coin Offerings (ICOs), according to an upgraded Code of Ethics filed with the Securities and Exchange Commission (SEC) April 19. The updated Code of Ethics emphasized Read More

India: Delhi High Court Seeks Response From Central Bank On Recent Crypto Ban, Report Says

2 months ago admin2 Comments Off on India: Delhi High Court Seeks Response From Central Bank On Recent Crypto Ban, Report Says
The High Court of Delhi has reportedly issued a notice to the Reserve Bank of India (RBI), the Ministry of Finance, and the Goods and Services Tax (GST) Council alleging that RBI’s decision to end dealings with crypto businesses violates the constitution, local news outlet Times of India reports today, April 22. The High Court’s Read More

New York Attorney General’s Office Launches Inquiry Into Cryptocurrency Trading Platforms

2 months ago admin2 Comments Off on New York Attorney General’s Office Launches Inquiry Into Cryptocurrency Trading Platforms
New York Attorney General Eric T. Schneiderman has launched the “Virtual Markets Integrity Initiative”, an “inquiry into the policies and practices” of digital currency trading platforms, according to a press release April 17. As part of the initiative, letters were sent to thirteen major cryptocurrency exchanges, requesting information on their operations, internal controls, and other Read More

South Korea: Bank Servicing Coinone And Bithumb Among 3 In Line For Inspection

2 months ago admin2 Comments Off on South Korea: Bank Servicing Coinone And Bithumb Among 3 In Line For Inspection
South Korean regulator the Financial Services Commission (FSC) said it would inspect three domestic banks servicing cryptocurrency exchanges to check compliance April 9. A statement confirms the banks will undergo inspections April 19 – 25, with regulators looking to ensure they are conforming to new anti-anonymity regulations introduced at the end of January this year. Read More