Regulation - Tag Archives - Cryptonews (Page 174)

Seoul Consults Experts over Possible End to ICO Ban

South Korea’s Ministry of Science and Technology has held consultation talks with the members of leading domestic blockchain associations over the status of the country’s initial coin offering (ICO) ban.Per Chosun, an anonymous blockchain association member quizzed by the ministry...

, by Tim Alper

“Disguised ICOs” Continues to Appear in China Despite Crackdown

In a new report on financial stability from the People’s Bank of China (PBoC), China’s central bank said that “disguised ICOs” continues to appear in the country, despite regulators’ best efforts at cracking down on them.Initial coin offerings (ICOs) and cryptocurrency...

, by Fredrik Vold

Crypto Learns How to Lobby, But Whose Interests Are Being Served?

There's a concern that the lobbying groups that have emerged possess interests that don't align completely with the crypto ecosystem as a whole. However, it is still too early to judge how risky such close ties are.Money is power. This may be an old cliché, but the existence of lobbying...

, by Simon Chandler

US Sees Nationwide Crackdown on Crypto by SEC

The US Securities and Exchange Commission (SEC) has reportedly launched a nationwide crackdown on what it deems to be potential misconduct involving cryptocurrencies. According to three undisclosed sources who spoke with Politico, the SEC’s Office of Compliance Inspections and Examinations...

, by Fredrik Vold

Japan: Gov’t Mulls Securities-like ICO Regulations

The Japanese government could be set to introduce a set of initial coin offering (ICO) regulations, following recommendations from experts and the country’s top financial governance agency.Per media outlet Nikkei, the regulatory Financial Services Agency (FSA) hosted the Study Group on the...

, by Tim Alper

UK: Revised Crypto Tax Guidance Coming in 2019

The beginning of 2019 might bring tax-related news to the UK’s crypto market. Her Majesty's (HM) Treasury is working closely with HM Revenue and Customs (HMRC) to consider the tax issues raised by cryptoassets and the revised guidance is estimated to be released by early 2019, according to a...

, by Fredrik Vold

Banks Spark Crypto Crackdown Fear in Panama

Banks in Panama, which is one of the Top 20 countries by crypto ATMs per capita, appear to be refusing cryptocurrency transactions, per media reports, sparking fears that a crackdown has begun.Per newspaper La Estrella de Panama, “a handful of users” have claimed that their bank...

, by Tim Alper

BCEX Set to Open in S Korea, Gov’t Offers Glimmer of ICO Hope

Canada-based cryptocurrency exchange platform BCEX is set to open a branch in South Korea in December this year.Per a media outlets Market News and eDaily, the company, which is 16th in the world by the 24-hour trading volume, is planning a pre-launch event and range of marketing activities ahead...

, by Tim Alper

Entrepreneurs Cry out for Crypto Regulation

More and more crypto entrepreneurs are coming to the conclusion that the crypto market must become a regulated asset class before institutions like pension funds, traditional asset managers, and Wall Street investors, will make serious moves into the market.For example, speaking with Reuters in an...

, by Fredrik Vold

Colombian Crypto Fervor Reaching New Heights

Cryptocurrencies are gaining popularity fast in Colombia – with developments coming apace in the field of commerce, education and overseas investment.Activity on LocalBitcoins, a peer-to-peer bitcoin marketplace, just reached new all-time heights with BTC 350 traded last week. Meanwhile, the...

, by Tim Alper

S Korean Exchanges ‘Could Downsize’ as Gov’t Regulations Bite

South Korean cryptocurrency exchanges could be forced to downsize or start looking abroad for business expansion opportunities as government regulations take their toll on the country’s crypto businesses and investors, per industry sources.According to media outlet Money Today, a number of...

, by Tim Alper

Mexico Crypto Laws Wins Int’l Praise – and Warnings

The head of the Bank for International Settlements (BIS) and former governor of the Mexican central bank has warned Mexico “not to rest on its laurels” after international government tech experts lauded the country’s decision to introduce cryptocurrency and fintech...

, by Tim Alper

Binance Tests Its First Fiat-Crypto Exchange in Uganda, Zambia Warns

There has been mixed news for African cryptocurrency enthusiasts so far this week – as Uganda welcomed news of the opening of exchange platform Binance, while Zambia’s central bank issued a firm warning against the risks of crypto trading.Binance Uganda launched its website on October...

, by Tim Alper

Last Days to Join the Controversial Bitcoin ETF Battle

Less than a week left for the crypto community to tell the US Securities and Exchange Commission (SEC) what they think of the proposed bitcoin-based exchange traded fund ETF from VanEck. Since June, almost 1,400 comments have been submitted.The SEC recently extended the time period for which it...

, by Fredrik Vold

EU May Tighten Grip on ICOs

As financial regulators in the European Union are expressing concern that their initial “hands-off” approach to initial coin offerings (ICOs) is not working, EU and national regulators are now moving to the opposite end of the spectrum by assessing ICOs on a “case-by-case”...

, by Fredrik Vold

This Move Could Save Israeli Crypto Investors Millions

The deputy head of Israel’s tax bureau has announced that the government is prepared to accept alternatives to the first in, first out (FIFO) system for taxing cryptocurrency-related earnings. Experts say the move could save investors big money on their tax bills.Per media outlet Calcalist,...

, by Tim Alper

# Regulation (Page 174)

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