Regulation - Tag Archives - Cryptonews (Page 169)

Brazil Orders Companies, Citizens to ‘Report Crypto Transactions’

Brazil’s National Treasury has ruled that the country’s citizens must declare all domestic cryptocurrency transactions as of August 1 this year.Per Brazilian media outlet Globo, the Treasury says that it made its decision in an attempt to fight crimes “such as money laundering,...

, by Tim Alper

The Bright Side of Crypto Scams

"Fraudulent activity can never really be viewed as positive but it does help in pushing regulation of these assets higher up the agenda.” Also, crypto projects are placing much more importance on their security protocols.Scams are the bane of crypto's existence. Whenever an initial coin...

, by Simon Chandler

Bank of England to take ‘Strong Approach’ to Cryptocurrencies

The deputy governor of the Bank of England (BoE) has stated that British financial authorities will take a “strong approach” to cryptocurrency and exchange platforms – particularly those big enough to bring about financial “market volatility.”In an interview with CNBC,...

, by Tim Alper

Politician: ‘Crypto vs Blockchain Debate Is Wasteful’; LG Crypto Moves

Leading politician Lee Sang-min, an MP for South Korea’s ruling Democratic Party, has launched another scathing attack on the government’s two-pronged cryptocurrency/blockchain policy. Seoul has been attempting to promote blockchain-related growth, backing enterprises with massive...

, by Tim Alper

Indian Government Plans a Ban on All Cryptocurrencies – Report

Indian Government departments have started to discuss a draft bill to ban cryptocurrencies, titled “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019", and have allegedly already authorized a complete ban on all cryptocurrencies, according to the Indian daily...

, by Sead Fadilpašić

G20 Think Tank Meetings ‘Will Discuss International Crypto Policy’

Japan looks unlikely to let up in its pursuit of international cryptocurrency regulations, and will make the most of its status as president of the G20 for 2019 in its efforts to win governments over to its way of thinking.Reuters Japan reports that the country will table cryptocurrency-related...

, by Tim Alper

Crypto Investor Lost USD 130m, Exchange Raid, New Blow to Bitcoin SV

It is shaping up to be another busy week for Japanese cryptocurrency exchanges, with reports of on-site audits at two leading platforms, further Bitcoin SV-related developments at another – and bad news for a man who has invested considerable amounts of money in the country’s exchange...

, by Tim Alper

Japan Draws up Cryptocurrency Regulations ‘Manual’ for G20 Leaders

Japan has prepared a “manual” of cryptocurrency regulation proposals that it will hand out to G20 leaders and international financial chiefs.The country will host both the G20 Summit and G20 Ministerial Meetings on June 28-29 in Osaka, and as host, has the right to set much of the...

, by Tim Alper

Bitcoin price: Six Negative Catalysts and Three Positive Drivers

Bitcoin is in the last stage of this bear market, the accumulation phase, as we're back in "undervalued territory," Adamant Capital, a Bitcoin alpha hedge fund, said in a report published today. It also provided six reasons why the price of the number one cryptocurrency might correct lower and...

, by Linas Kmieliauskas

Presidential Candidate Andrew Yang Reveals Crypto Manifesto

United States presidential hopeful Andrew Yang has attempted to woo American cryptocurrency enthusiasts, issuing a manifesto of regulatory pledges.Yang, 44, is hoping to win the Democratic Party nomination, and wants to run against incumbent president Donald Trump in December 2020.In his...

, by Tim Alper

S Korean Cryptocurrency Industry ‘Excited’ by Possible ICO Lifeline

South Korean cryptocurrency companies have been buoyed by a ministry’s decision to select the country’s second city as the preferred bidder for a blockchain free economic zone project – as it may open the door for initial coin offerings (ICOs) in the country. However, industry...

, by Tim Alper

Japanese Cryptocurrency Exchange Scene Set for Major Shake-up

Financial Services Agency to beef up cold wallet security requirements. Agency also wants exchanges to do more to prevent insider attacks. ‘Japanese Amazon’ Rakuten set to launch exchange. SBI Virtual Currencies delisting Bitcoin CashA number of developments in the world of Japanese...

, by Tim Alper

France Wants Entire EU to Adopt its Cryptocurrency Regulations

France’s Finance Minister Bruno Le Maire says he wants all EU member states to use the same crypto regulatory framework the country’s parliament approved last week – and says “the French model is the right one.”Per Reuters, Le Maire told attendees at a blockchain event...

, by Tim Alper

These Five Exchanges May Pick Up Bittrex Clients in New York

Cryptocurrency exchange Bittrex was denied a BitLicense in the US state of New York, necessary to do business with parties residing in this state. Now, the question remains: where will the 35,000 New York-based users go next? Five other cryptocurrency exchanges holding the license may also hold the...

, by Sead Fadilpašić

Not Staying Neutral: Switzerland Paves the Way for Crypto Regulation

Armin Schmid is CEO of Swiss Crypto Tokens, a provider of the token issuance services which is a part of the Bitcoin Suisse Group. _______________________________F. Scott Fitzgerald wrote that, “Switzerland is a country where very few things begin, but many things end” —...

, by Armin Schmid

Six Questions IRS Needs to Answer About Crypto Tax

The U.S. Internal Revenue Service (IRS) is known for their undecided stance towards cryptocurrencies - other than the fact that they should be taxed, nothing else seems clear to U.S. residents that hold crypto assets. To answer six basic questions often asked by cryptocurrency holders in the US,...

, by Sead Fadilpašić

# Regulation (Page 169)

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