#Regulation

Japan Officially Recognizes Bitcoin as Legal Payment Method

April 1, 2017 by Joseph Young at Altcoins, Bitcoin, News, Regulation

The bitcoin legalization bill is taken into full effect as of April 1, with Japan officially recognizing bitcoin as a legal payment method. On December 17, local publications including the Japan Times revealed that the country’s Financial System Council proposed a bill which called for the recognition of bitcoin as...

Has Bitcoin Become Illegal in India?

March 30, 2017 by Christoph Bergmann at Bitcoin, News, Regulation

Is India on the brink of becoming the next China? Did the central bank make bitcoin illegal? Or legal? Or both? A newspaper reports that bitcoin has become illegal in India, but an Indian exchange denies this. A committee shall decide who is right. According to the Economic Times of...

Crypto and the IRS: Why It Doesn’t Have To Be So Taxing

March 23, 2017 by Michael Scott at Altcoins, Bitcoin, Finance, News, Regulation

With cryptocurrency prices and trading volumes soaring, more and more Americans lament having to figure out how to report their earnings to the taxman. Inaccurate reporting on a tax return could land one in hot water and create lots of hassles. With the Coinbase/IRS saga continue to garner a lot...

Australian Regulator’s Sixfold Path to Blockchain Regulation

March 22, 2017 by Alex Lielacher at Blockchain, News, Regulation

The Australian Securities and Investment Commission (ASIC) has published an information sheet outlining regulatory considerations for startups and existing licensees who intend to make use of distributed ledger technology to develop new solutions for their businesses. ASIC’s regulatory framework requires financial services companies to have appropriate technological resources and risk...

Crypto and The Regulatory Gamble

March 20, 2017 by Michael Scott at Altcoins, Bitcoin, Entertainment, News, Regulation

The impact of both traditional and online gaming relative to local economies has been massive. Despite generating high revenue flows, the industry, however, is viewed negatively in some circles and has long faced heavy regulation and compliance oversight. In 2016, we saw the traditional gaming world embrace digital cash systems....

EU Publishes New Draft Law for Digital Currencies to Combat Financial Crime and Terrorist Financing

March 16, 2017 by Alex Lielacher at Altcoins, Bitcoin, News, Regulation

On March 9, EU lawmakers published new draft legislation that covers the use of cryptocurrencies within the borders of the European Union. The proposal suggests changes and additions to the “Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or...

Irish Funds Collaborates with Deloitte To Complete Proof of Concept for ‘RegTech’ Blockchain

March 15, 2017 by Alex Lielacher at Blockchain, News, Regulation, Tech

Fund management association Irish Funds announced that, together with financial services consultancy firm Deloitte and several global asset servicing institutions including Deutsche Bank, Metzler, State Street, and Northern Trust, it had completed a proof of concept for a regulatory reporting blockchain called ‘RegChain.’ The proof of concept was built using...

‘ChinaCoin’ Tested with Experiment by Chinese Banks

March 15, 2017 by Nigel Dollentas at Blockchain, News, Regulation

After news of the People’s Bank of China (PBoC) developing their digital currency broke, and after news of tighter regulation around bitcoin, two cities are now testing the PBoC’s Bitcoin alternative, announced March 7. Known as 'ChinaCoin' colloquially, but referred to as Renminbi officially, RMB was designed to allow the...

Jury Weighs Charges Against Software Engineer and Pastor in Coin.mx Trial

March 13, 2017 by Alex Lielacher at Bitcoin, Business, News, Regulation

On March 10, the jury in a Manhattan federal court prepared to weigh charges against two individuals, a software engineer and a pastor, who were allegedly involved in a scheme to help the illegally operating digital currency exchange Coin.mx. The Coin.mx Trials Florida-based software engineer Yuri Lebedev and New Jersey...

“Rather than Resist, European Regulators should Innovate.”

March 3, 2017 by Christoph Bergmann at Altcoins, Bitcoin, News, Regulation

The EU seems to open its mind to cryptocurrencies and the blockchain; Malta’s Prime Minister advises to double down on cryptocurrencies, while a report by the Parliament focuses on how blockchain could improve several key areas of economy and state. By now the EU usually has become the subject of...

Indian Bitcoin Startups Set Up Cryptocurrency Self-Regulatory Body

February 27, 2017 by Alex Lielacher at Altcoins, Bitcoin, News, Regulation

Indian Bitcoin startups Zebpay, Unocoin, Coinsecure and Searchtrade, launched a self-regulatory body on February 24. The body, named Digital Asset and Blockchain Foundation of India (DABFI), is charged with laying down rules and regulations that will govern the cryptocurrency market in India. Regulations for the bitcoin industry are to be...

Bank of Canada: Digital Currencies will not Survive without Regulation

February 21, 2017 by Nuno Menezes at Altcoins, Bitcoin, News, Regulation

The Bank of Canada (BoC) released a paper in February 2017, explicitly stating digital currencies will not be able to survive in the future without government involvement. Researchers from the BoC examined the viability of digital currency for the years ahead. The researchers used previous examples of the Canadian National...

IBM Study: 90 percent of Government Agencies to Invest in Blockchain Tech by 2018

February 15, 2017 by Joseph Young at Commentary, News, Regulation, Tech

A study by the IBM’s Institute for Business Value, entitled “Building trust in government,” revealed that the majority of public officials who participated are likely to pursue blockchain development in 2017. The survey spanned 200 government leaders from 16 countries, suggesting that 90 percent of government organizations plan to invest...

Japan’s Virtual Currency Quarantine may Slow Innovation

February 13, 2017 by Nigel Dollentas at Altcoins, Bitcoin, Ethereum, News, Regulation

With China long being a hub for Bitcoin operations and trading, it was not long until other countries in Asia started to take notice. Japan is the latest country to make headlines with their new Bitcoin regulations, making the cryptocurrency, along with others, legal tender in accordance with a 'whitelist,'...

Blockchain Startup Tramonex Receives FCA Approval to Issue Cryptocurrency

February 9, 2017 by Alex Lielacher at Finance, News, Regulation, Tech

The London-based FinTech startup Tramonex Labs, which focuses on international payments for SMEs has been granted a Small Electronic Money Institution License by the UK’s financial regulator, the Financial Conduct Authority (FCA). Tramonex's approval marks the first time that a FinTech startup has obtained permission to issue a digital currency....

Pages: First Page123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125Last Page