#Regulation

Cherry Blossom Tree Sprouting Coins with Chart in the Background

Crypto ETFs Could Become a Reality in Japan; but Is there Substantial Interest?

January 7, 2019 by Priyeshu Garg at Adoption, Altcoins, Business, Commentary, Exchange, Finance, News, Regulation

Japan's primary financial watchdog, the Financial Services Agency (FSA), could approve crypto exchange-traded-funds despite abandoning plans to allow Bitcoin futures, a person familiar with the matter told Bloomberg on January 7, 2019. Increasing Interest in Cryptocurrency EFTs in Japan Despite giving up on their plans to allow listing a Bitcoin...

Bitcoin Struggles to Regain $4,000 Level Starting the New Year: BTCManager’s Week in Review Jan 7

January 7, 2019 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Development, Exchange, Finance, News, Regulation

The price of bitcoin traded sideways in the first few days of 2019. The price fluctuated between $3,707 and $3,947 and closed the week effectively unchanged versus last week’s close. As expected, news flow over New Year’s was muted as the first week of January is still a holiday week...

Coinflux Cryptocurrency Exchange Founder Extradited to the U.S. for Money Laundering

January 7, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, News, Regulation

Nistor Vlad Călin, the CEO of the cryptocurrency exchange Coinflux, has been extradited to the U.S. by Romania's supreme court for a case of money laundering on his platform, reports Mediafax on January 4, 2018. U.S. Secret Service Files Charges Against CoinFlux's CEO Per sources close to the matter, Nistor...

Winklevoss Twins Holding a Standards Protocol

Winklevoss Twins Advocate for Cryptocurrency Regulations to Protect Investors

January 6, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

Gemini Trust Co., a cryptocurrency exchange owned by the Winklevoss twins has released an ad campaign advocating for the regulation of the cryptospace to bridge the gap between the decentralized and traditional markets, The Wall Street Journal reports on January 4, 2018. Amenable Crypto Regulation Essential The U.S. based exchange...

Malta Gaming Authority Implement Phase 1 of Crypto and DLT Regulatory Sandbox

January 6, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Development, Finance, News, Regulation

After successfully establishing a robust regulatory framework for its cryptocurrency industry, Maltese authorities have shifted focus to the gaming world and have now implemented the first phase of its sandbox aimed at favorably regulating the use of distributed ledger technology (DLT) and cryptoassets in the gaming world, according to a...

2019 Could Bring Amenable Regulations and Growth to the Cryptocurrency Industry

January 6, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Commentary, News, Regulation

While 2017 successfully popularized bitcoin, altcoins and initial coin offerings (ICOs) due to the surge of the prices of all cryptoassets, 2018 brought back the proverbial rocket ship to earth via stricter regulations and blanket bans. With more and more regulators looking to implement amenable policies for the cryptospace,...

Man in a Suit with an Irish Flag Looking Through Binoculars

Ireland Increases Oversight for Cryptocurrency Exchanges and Financial Institutions

January 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

In a bid to curb the activities of bad actors who use cryptocurrencies to facilitate illicit gains such as terrorism financing, Irish authorities are set to approve the Criminal Justice Money Laundering and Terrorist Financing Amendment Bill 2019, according to The Irish Times report on January 4, 2018. The Cabinet...

South African Flag Wrapped Around a Wrist Lifting a Cryptocurrency-Branded Handweight

South Africa Prepares to Tackle Cryptocurrency Challenges with Working Group

January 4, 2019 by Nuno Menezes at Altcoins, Bitcoin, Blockchain, Commentary, News, Regulation

The South African government established a group of specialists to investigate digital currency and blockchain technology to devise a regulatory framework for the emerging industry. Finding the Appropriate Regulatory Framework Following many of the governments around the world, South Africa has recently gathered a working group to research digital currencies...

Voting Booth with Blockchain Printed on the Box next to Thai Flags

Thailand’s NECTEC Testing Blockchain-Based Voting Mechanism for Elections

January 4, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, News, Regulation

According to a report from Bangkok Post, published on January 3, 2019, Thailand is contemplating the use of blockchain technology for elections. The voting model would combine traditional voting mechanism and e-voting. Need for Digital Literacy in Thailand Thailand’s National Electronics and Computer Technology Center (NECTEC) states that after the...

Overstock Wants to Pay its Ohio Business Tax in Bitcoin

January 4, 2019 by Priyeshu Garg at Adoption, Bitcoin, Business, Development, News, Regulation

Online retailer Overstock announced it would pay a part of its Ohio state business tax using bitcoin, making it the first company to use Ohio's crypto tax portal, Fortune reported on January 3, 2019. Paying Taxes in Virtual Currency An online retail company has made new year’s headlines as being...

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