#Regulation

Vacuum Cleaner Sucking up Different Altcoins

Circle’s Poloniex Exchange Delists Nine Altcoins from U.S. Markets

May 18, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Exchange, News, Regulation

Poloniex, the cryptocurrency exchange run by Circle Internet Financial, has announced the delisting of nine altcoins from its United States markets starting from May 29, 2019, citing regulatory uncertainties, according to a blog post on May 16, 2019. Poloniex Avoiding SEC Trouble In a bid to keep operating in compliance...

Andrew Yang talking blockchain and crypto

U.S. Presidential Candidate Aims to Make Policies That Would Favor Cryptocurrency and Blockchain Technology

May 17, 2019 by Anthonia Isichei at Adoption, Bitcoin, Blockchain, News, Regulation

Andrew Yang, the Democrat who is among the contenders for the 2020 U.S. presidential race, has big plans for cryptocurrency and blockchain technology. According to Bloomberg on May 15, 2019, Yang is solidly behind the nascent industry and if elected, would champion cryptocurrency-friendly regulations in the United States. Billion-dollar Sector...

India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox

May 17, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Business, News, Regulation

In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry....

Are Initial Coin Offerings (ICOs) Really Dead?

May 17, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Finance, ICO/IEO, News, Regulation

Though numerous initial coin offerings (ICOs) existed before the Bitcoin price took off in 2017, an array of blockchain startups took full advantage of the bullish markets that year to launch their ICOs. While some of these crypto-based fundraisers were genuine, a good percentage of them were outright scams which...

Man Having his face recognized by technology

San Francisco’s Ban on Facial Recognition is a Victory for Personal Privacy Advocates

May 16, 2019 by Anthonia Isichei at News, Regulation, Tech

San Francisco has set the record as the first US state to ban the use of facial recognition technology. Per a report on Engadget, May 14, 2019, the state made the decision in order to protect residents from the government’s constant surveillance. With the pressure on regulators and government agencies on the...

Hong Kong and Thai Authorities Sign Fintech MoU

May 16, 2019 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

The Hong Kong Monetary Authority (HKMA) has signed a memorandum of understanding with the Bank of Thailand (BOT), in a bid to promote financial technology (fintech) collaborations between the two regulators, according to a Crowdfund Insider report on May 14, 2019. The Basel Connection Per sources close to the matter,...

European Central Bank Policymaker Backs Stablecoins over Bitcoin

May 16, 2019 by Mohammad Musharraf at Adoption, News, Regulation, Stablecoins

European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. What’s Not Understood is Often Feared In the past seven days, Bitcoin’s price has reached...

Blockchain-Startup CEO Settles With Canadian Regulators Over Misleading Content

May 15, 2019 by Anthonia Isichei at Crime, News, Regulation

Alex Tapscott, the co-founder of the blockchain company NextBlock, has reached an agreement with the Ontario Securities Commission after producing "misleading content". Per the report by The Globe and Mail on May 13, 2019, the entrepreneur, aside paying the sum of $300,000 as penalty fine, will also be giving lectures on ethics...

Colombian Traders Discussing Cryptocurrency Regulation Looking at Stocks and Graphs

Colombia Eyes Regulating Cryptocurrency Traders and Companies

May 15, 2019 by Mohammad Musharraf at Adoption, Development, News, Regulation

The Congress of the Rebulic of Colombia has proposed a bill to regulate cryptocurrency transactions and prevent crypto users from falling victim to growing frauds, this according to a report from Competition Policy International May 13, 2019. Preventing Traders from Frauds In January of 2017, Colombian regulatory body Superintendecia de...

BitOasis Approved on a Clipboard in the desert

BitOasis Ready to Become First Licensed Middle Eastern Bitcoin Exchange

May 14, 2019 by Osato Avan-Nomayo at Bitcoin, Exchange, News, Regulation

BitOasis is set to become the first regulated bitcoin exchange in the entire Arab world following preliminary approval from regulators in the United Arab Emirates (UAE), Bloomberg reports May 12, 2019. In recent times, the region has begun to pursue an increased adoption agenda for cryptocurrencies and blockchain technology as...

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