Regulations

Swiss Crypto Company Acquires License to Distribute Funds to Investors

6 days ago admin2 0
Finance Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Read More

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

1 week ago admin2 0
Regulation In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial Read More

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

2 weeks ago admin2 Comments Off on Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto
Featured Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned Read More

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

2 weeks ago admin2 Comments Off on Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws
Regulation In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to Read More

Indonesia to Regulate Cryptocurrencies as Commodities

3 weeks ago admin2 Comments Off on Indonesia to Regulate Cryptocurrencies as Commodities
Economy & Regulation Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation. Read More

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

1 month ago admin2 Comments Off on Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US
ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto Read More

Thailand Targets New Crypto Taxes While Others Move to Ease Burdens

2 months ago admin2 Comments Off on Thailand Targets New Crypto Taxes While Others Move to Ease Burdens
An increasing number of countries are looking at the cryptocurrency space, with three national governments launching efforts to regulate and examine projects in the last two weeks. – with a particular focus on tax policy. As might be expected, some jurisdictions – especially in the Asian market – have moved to clarify the rules that Read More

These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why

2 months ago admin2 Comments Off on These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why
Regulatory uncertainty appears to be arriving late to Washington state. In what seems like the latest sign concerns are impacting initial coin offerings (ICOs) broadly, Seattle-based Dragonchain is forcing one of its affiliate projects, Norwegian startup Iagon, to return funds it raised from investors back in April – and it’s currently unclear why. In fact, on April Read More

Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov

2 months ago admin2 Comments Off on Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov
Featured Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to Read More

Binance, Bermuda Ink $15 Million Crypto Investment Agreement

2 months ago admin2 Comments Off on Binance, Bermuda Ink $15 Million Crypto Investment Agreement
Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced. Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional Read More