What to Expect When Congress Talks Crypto (Twice) Tomorrow

5 hours ago admin2 0
It’s a crypto doubleheader on Capitol Hill tomorrow. Two U.S. House of Representatives Committees will be hosting hearings on Wednesday to look at the topic from two distinct angles. The House Committee on Agriculture will focus on the emergence of “digital assets” while the Financial Policy Subcommittee hearing will examine “the extent to which the United States government Read More

Congress Is Now Holding Two Crypto Hearings This Wednesday

24 hours ago admin2 0
Congress is set to hold not one but two separate hearings related to cryptocurrencies on Wednesday. Last week, CoinDesk reported that the House Committee on Financial Services will gather this week to discuss the subject, with this particular hearing honing in on the question of crypto as a new form of money. A memo published since Read More

Russia Now Has a Registry of Whitelisted Crypto Companies

2 days ago admin2 0
Services The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created Read More

A US Election Probe Implicated Bitcoin – And the Reaction Was Swift

3 days ago admin2 0
Rod Rosenstein, the deputy attorney general of the U.S., sparked a social firestorm when he revealed that the dozen Russian military intelligence officers indicted on Friday used bitcoin to fund hacking efforts during the 2016 presidential election. As CoinDesk reported earlier today, the defendants named in the indictment are accused of gaining access to computer Read More

India May Avoid Cryptocurrency Ban, Classify them as Commodities: Report

6 days ago admin2 0
Advertisement Authorities in India are likely to choose against a sweeping cryptocurrency ban and treat them as commodities, a report citing a government official has claimed. Citing a senior government official involved in the ongoing regulatory discussion surrounding cryptocurrencies, Quartz is reporting that India is unlikely to enforce a blanket ban on cryptocurrencies despite the Read More

Stiglitz Predicts Cryptocurrencies Will Be “Regulated Into Oblivion”

6 days ago admin2 0
Regulation Joseph Stiglitz, the former chief economist of the World Bank and Nobel laureate, has predicted that cryptocurrencies will be “regulated into oblivion” in future, with Mr. Stiglitz saying that BTC may be “worth just $100 in 10 years.” Also Read: Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses Nobel Laureate Predicts Future Regulatory Onslaught Targeting Crypto Read More

New China Internet Report Explores State of Blockchain Industry

1 week ago admin2 0
Image by AlekseyIvanov via China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post. Local governments of Shanghai, Shanxi, Henan, Guangzhou, Guiyang and Read More

UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox

1 week ago admin2 0
For the first time, the U.K.’s financial regulator is directly recognizing the potential of blockchain-related startups. For the latest and fourth cohort of startups for its regulatory “sandbox,” the country’s Financial Conduct Authority (FCA) has given access to 11 blockchain and distributed ledger technology-related companies – almost 40 percent of the 29 accepted. The regulator Read More

FINRA Wants to Know All About Member Firms’ Crypto Activities

1 week ago admin2 0
A U.S. self-regulatory body for broker-dealers is requesting member firms to submit a wide range of details relating to their cryptocurrency-focused activities. In a regulatory notice issued on Friday, the Financial Industry Regulatory Authority (FINRA) said the requested information will supplement its existing efforts to “ascertain the extent of its member firms’ involvement” in the Read More