cryptocurrency regulation

India May Treat Cryptocurrencies as Commodities Rather Than Ban Them

1 day ago admin2 0
India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don’t think the panel set up to look into digital currencies ‘is really thinking Read More

Securities: Ethereum, ICOs & Traditional Financial Regulatory Framework

4 weeks ago admin2 Comments Off on Securities: Ethereum, ICOs & Traditional Financial Regulatory Framework
In what continues to be a fascinating journey, the legislative process is slowly but surely being applied to cryptocurrencies, with the US regulatory authorities extending what appears to be a reasonably well thought out and measured approach to engaging with the emerging crypto-asset space, in particular with regards to the application of securities legislation to Read More

Coinbase Announces Plans to List SEC-Regulated Crypto Securities

1 month ago admin2 Comments Off on Coinbase Announces Plans to List SEC-Regulated Crypto Securities
The biggest cryptocurrency exchange in the U.S. has announced that it is on track to list SEC-regulated crypto securities, pending approval from federal authorities. Asiff Hirji, president and chief operating officer at San Francisco-based exchange Coinbase, revealed the company’s intentions. If approved, Coinbase will soon be able to offer blockchain-based securities, under the oversight of Read More

Singapore Central Bank Issues Warning To 8 Crypto Exchanges; Halts ICO

2 months ago admin2 Comments Off on Singapore Central Bank Issues Warning To 8 Crypto Exchanges; Halts ICO
Image: Singapore cryptocurrency, Wit Olszewski, Shutterstock.com The Monetary Authority of Singapore (MAS), the city-state’s central bank and financial regulator, has warned eight cryptocurrency exchanges in Singapore not to allow trading in digital tokens that are securities or futures contracts without the regulator’s permission, it said on Thursday. “MAS has reminded the eight digital token exchanges Read More

Regulators Ignore The Future, Again, At Consensus 2018 Enforcement Panel

2 months ago admin2 Comments Off on Regulators Ignore The Future, Again, At Consensus 2018 Enforcement Panel
At Consensus 2018 today, a group of regulators took the stage with Bittrex CSO Kiran Raj. It went exactly as one would expect. There were no new revelations. Only a lot of nice sounding talk about protecting investors without hampering innovation. Which sounds nice. But as was the case in 2016 when I wrote about Read More

CryptoUK Urges MPs to Support Plans to Regulate the Cryptocurrency Market

3 months ago admin2 Comments Off on CryptoUK Urges MPs to Support Plans to Regulate the Cryptocurrency Market
Image credit: The Palace of Westminster in London, the meeting place of the Parliament of the United Kingdom, Wikimedia A group of the U.K.’s leading cryptocurrency platforms are urging the Treasury to regulate the industry in the country. CryptoUK, a self-regulatory body set up to represent the sector, which is made up of eight members, Read More

Bitcoin Price: Saxo Bank Doesn’t Rule Out A ‘Crypto Comeback’

3 months ago admin2 Comments Off on Bitcoin Price: Saxo Bank Doesn’t Rule Out A ‘Crypto Comeback’
Saxo Bank, a fintech specialist focused on multi-asset trading and investment, today published its quarterly outlook for global markets, and questions whether cryptocurrencies are entering a new cycle. In its 35-page Quarterly Outlook Q2 2018 report, Saxo Bank focuses on how we are nearing the end of the largest monetary policy experiment of all time. Read More

Regulating Cryptocurrencies: Striking the Right Balance

3 months ago admin2 Comments Off on Regulating Cryptocurrencies: Striking the Right Balance
With Bitcoin and other cryptocurrencies rallying following the conclusion of the G20 summit in Buenos Aires recently, where no consensus among global leaders was reached with regards to crypto regulations, the debate looks set to ramp up over the next few months. Ahead of the guidelines now expected to be issued in July, the UK Read More

New AML/CTF Rules for Australia’s Cryptocurrency Exchanges Become Effective Today

3 months ago admin2 Comments Off on New AML/CTF Rules for Australia’s Cryptocurrency Exchanges Become Effective Today
Australia’s digital currency exchanges are now required to register with the country’s financial intelligence agency in a bid to combat money laundering and counter-terrorism, starting from today. AUSTRAC published a new page today detailing the new requirements for digital currency exchanges to meet anti-money laundering (AML) and counter terrorist financing (CTF) regulations. Effective from the Read More

UK Government is Looking into Cryptocurrencies with New Task Force

4 months ago admin2 Comments Off on UK Government is Looking into Cryptocurrencies with New Task Force
U.K. Chancellor of the Exchequer Philip Hammond has today announced that the government is getting a ‘new crypto assets task force’ designed to make it easier for fintech companies to follow complex regulations. The Chancellor delivered a speech at the government’s second annual International Fintech Conference in London. Hammond revealed that those forming the new task Read More