#Regulation

Bitcoin Riding his bull with sword pointed toward the sun

Bitcoin Bulls Take Charge as BTC Moves Back towards $7,000 Mark: Week in Review Sep 24

September 24, 2018 by Alex Lielacher at Altcoins, Bitcoin, Business, Finance, News, News Digest, Regulation

The price of bitcoin remained firm over the course of the past week, gaining three percent helping BTC move back up towards the $7,000 mark. Once again, cryptocurrency regulations were a big topic in several jurisdictions, including the U.S., the UK, and India, last week. There was also much talk...

U.S. Congressman to Lead Pro-Blockchain and Crypto Legislation

September 23, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Developments concerning blockchain technology and cryptocurrencies are gaining serious momentum in the United States, as Congressman Tom Emmer, announced on September 21, 2018, that he will be introducing three “groundbreaking bills” to pave a clear way for the emerging and disruptive technologies. Closer Look at the Bills Emmer, who was...

Political Donations in Bitcoin Outlawed in California

September 23, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

California’s campaign watchdog arm, the Fair Political Practices Commission, ruled that candidates will not be allowed to receive donations for political campaigns with cryptocurrencies like bitcoin, the Associated Press reported on September 21, 2018. Cryptocurrency Donations a Threat to Political Transparency A new ruling from the state's political watchdog says...

Congressmen Demand IRS Design Legal Framework for Cryptocurrencies

September 22, 2018 by Nuno Menezes at Altcoins, Bitcoin, Finance, News, Regulation

Since bitcoin’s first appearance, regulators have shown their concerns and tried to level the rules concerning virtual currency adequately. However, these rules are far from clear, and now financial regulators are urging the IRS to draw a solid framework for virtual currencies according to September 19, 2018, reports. Swift Update...

A South Korean Templar summoning Blockchains lightning

South Korean Government Pledges to Support Domestic Blockchain Projects

September 22, 2018 by Eric Czuleger at Blockchain, Exchange, Investment, News, Regulation

South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive...

Taipei City Council Candidate Receives Taiwan’s First Political Donation in Bitcoin

September 22, 2018 by Priyeshu Garg at Bitcoin, Finance, News, Regulation

A Candidate for the Taipei City Council (TCC) has received the country's first political donation in bitcoin, saying the development had both political and technological implications, Yahoo News reported on September 20, 2018. Taiwan’s First-Ever Political Donation in Bitcoins According to a September 20 Yahoo News report, a political donation...

SEC Delays Bitcoin ETF Again, Despite 99 Percent of the Public Being in Favor

September 22, 2018 by Priyeshu Garg at Bitcoin, Development, News, Regulation

The U.S. Securities and Exchange Commission has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback, the agency said in a September 20, 2018, filing. More Delays It seems that the wait for an exchange-traded fund that invests in Bitcoin...

Regulatory Clampdown in India Leads to Mass Exodus of Blockchain Talent

September 22, 2018 by Cindy Huynh at Blockchain, Business, News, Regulation

India is currently witnessing the mass movement of blockchain and cryptocurrency talent, as the regulatory environment toughens within the country. According to an article published by News18 on September 19, 2018, blockchain talent which includes developers, service providers, and blockchain-related companies are moving abroad to cryptocurrency-friendly countries like Thailand, Estonia,...

Japanese Exchange Zaif Falls Victim to Crypto Hack; Loses $60 Million

September 21, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Crime, Exchange, News, Regulation

When it seems things couldn’t get worse during the cryptocurrency bearish market, the community woke up to a nasty shock on September 17, 2018. A Japanese exchange Zaif reported that it was the victim of a breach which led to a loss of cryptocurrencies worth $60 million. Compensation Deal Agreed...

Duke University Professor: A National Cryptocurrency Could Potentially Replace Paper Money

September 21, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Commentary, Finance, News, Regulation

If a recent interview from a Duke professor is something to go by, the U.S. national fiat currency could soon be replaced by a national cryptocurrency. Per a report published by The Chronicle, dated September 19, 2018, Duke Fuqua School of Business’ professor, Campbell Harvey, not only believes that the...

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