Regulation - Tag Archives - Cryptonews (Page 164)

EU Adds Another Hurdle For Facebook’s Libra

It is shaping up to be a busy year for social media giant Facebook – with EU antitrust regulators looking to grill the social network’s partners about the forthcoming Libra project.Bloomberg says that it has “seen a document” that outlines how the European Commission (the...

, by Tim Alper

Israel: Regulator to Aid Blockchain Firms but Crypto Pain Continues

Israeli financial regulators want to provide a fast-track for blockchain and fintech companies looking to obtain business permits in the country – but individual cryptocurrency traders have been left frustrated by the banking system.News outlet Calcalist reports that the Capital Market,...

, by Tim Alper

US and Swiss Regulators to Talk ‘Complicated’ Libra Subject This Week

Six members of the American House of Representatives’ Financial Services Committee are traveling to Switzerland this week for talks on Facebook’s forthcoming Libra token and “other cryptocurrency projects.”The group will meet Swiss regulators later this week, and will be led...

, by Tim Alper

War For Control Over Money: How Can Governments Respond to Crypto?

"Governments will try to centralise crypto." "This is like watching the taxi industry try to respond to Uber."Governments have never really been big fans of crypto. Sure, the odd finance minister and president has praised blockchain technology or even cryptocurrencies themselves on the rare...

, by Simon Chandler

FATF & 15 Governments Target Personal Data of Crypto Users – Report

In the continual fight against money laundering, governments reportedly want to put a global cryptocurrency system in place by collecting personal data of crypto users.Governments of about 15 countries seek to establish a new system of cooperation that would enable them to collect and share with...

, by Sead Fadilpašić

S Korean Exchange to ‘Boost Restrictions’ on Deposits, Withdrawals

South Korean cryptocurrency exchanges could be set to police their customers more thoroughly, as platforms in the country look set to fall in line with regulatory pressure.Per ZDNet Korea, the Korbit exchange says it will “strengthen its restrictions on deposits and withdrawals through Fraud...

, by Tim Alper

US Committee to Debate Crypto Tax Reform, Indians ‘Face Questionnaire’

Politicians and tax regulators around the world are continuing to struggle with the thorny issue of cryptocurrency taxation – with a congressional financial committee set to debate a “tax fix” act on crypto tax in the United States and Indian authorities reportedly grilling crypto...

, by Tim Alper

H. Peirce: ‘Regulators Can Create a Healthy Environment for Crypto’

Innovators explore the world on the other side of the fences of conventional wisdom. For regulators, it can be unwelcome. While a single global regulatory framework would be unwise, regulators can create a healthy environment by sharing information.This is a speech by Hester M. Peirce, pro-crypto...

, by Hester M. Peirce

What Effect Could an Indian Ban Have on the Global Crypto Industry?

Opinions are mixed whether the crypto-banning bill will be passed. Blockchain developers may suffer due to the possible confusion.With a number of Indian crypto-exchanges having closed down in the midst of an already harsh environment for cryptocurrency, it would seem that the introduction of a...

, by Simon Chandler

German Crypto Firms May Face New Regulatory Hurdles, BitPay Leaves

Forthcoming regulations are causing cryptocurrency companies to halt services in countries like Germany – with BitPay announcing that it has ceased operating in the nation.BitPay is a cryptocurrency payment service provider based in Atlanta, in the United States. In response to a user who...

, by Tim Alper

What Regulators Offered Cryptoverse in July: 22 Announcements

Cryptoverse is still witnessing regulatory uncertainty that is forcing some companies to avoid countries with too many and too costly regulatory questions, including the U.S. However, while the regulators are bringing the “Wild West” days of crypto to their end, there are many battles...

, by Sead Fadilpašić

Russian Lawyers Draw up Pro-Crypto Tax Plans

An influential group of Russian lawyers has drawn up a system for cryptocurrency taxation that involves granting property rights to holders of “all tokens” – and will be sending its suggestions to the lawmakers and regulators.Per media outlet Kommersant, the Association of Lawyers...

, by Tim Alper

2,700 Indian Companies Stood Against Proposed Crypto Ban

An association of Indian technology companies wants the government to rethink a potential ban on cryptocurrencies – and choose a path of regulation instead of a China-style blanket ban.The National Association of Software and Services Companies (NASSCOM) said that a proposed ban on...

, by Tim Alper

‘Japanese Amazon’ Prepares for Big Crypto Push

Japanese e-commerce platform Rakuten is gearing up for a flurry of cryptocurrency-related activities – expanding on the scope of a forthcoming token launch and lobbying Tokyo for legislative reform.Per Japanese media outlet Fintide, the Japan Association of New Economy – whose chairman...

, by Tim Alper

Senator Admits U.S. Can’t Ban Bitcoin, Crypto Market Goes Up

The crypto market corrected higher following a hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” at the U.S. Senate Banking, Housing, and Urban Affairs Committee today. At pixel time (16:33 UTC), bitcoin trades at c. USD 9,697 and is up by 1% in...

, by Linas Kmieliauskas

Cryptocurrency Sanctions Evasion ‘Already Happening’

A financial expert believes cryptocurrencies are already playing a role in Iran and Russia’s fight against economic sanctions – and says the states’ government may turn to miners for further assistance.Per a report from Russian media outlet 360, Alex de Vries, Senior Consultant...

, by Tim Alper

# Regulation (Page 164)

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