#Regulation

Man looking at Ether and Bitcoin sit in the water

Global Regulators “FSB” Announce Cryptocurrencies Are Being Monitored

July 18, 2018 by John Iadeluca at Blockchain, News, Regulation

The regulators behind G20, the Financial Stability Board (FSB) have begun research on cryptocurrencies and their potential effects on the overall global economy. This comes months after the G20 meeting, in which a compromise was reached amongst different regulators and marketplaces. The monitoring that will be completed will mostly be...

Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon

July 17, 2018 by Joseph Young at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. Partially...

Cryptocurrency Custodian Services Find Huge Demand in Australia

July 17, 2018 by contributor at Altcoins, Bitcoin, Business, Exchange, Investment, News, Regulation

Australia-based Pallion, a precious metals firm, has expanded its subsidiary Custodian Vaults’ services to include the region’s first insured cryptocurrency custodial service according to July 16, 2018 reports. Australia Receives Custodian Services The burgeoning cryptocurrency sector is attracting substantial interest from institutional investors and high net worth individuals, who consider...

Michael DuBose: The U.S. Must Emulate Europe’s Lead on Cryptocurrency Regulations

July 16, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, News, Regulation, Tech

While the European Union (EU) has taken more proactive steps to regulate the region’s cryptocurrency industry, the United States seems to be dragging its feet in the matter. Following Europe Now, a keen industry observer, Michael DuBose, the former chief of Computer Crime and Intellectual Property Section (CCIPS) at the...

China To Crackdown on Both National and International Bitcoin Exchanges

Chinese Authorities Clampdown on Billion Dollar Bitcoin Gambling Ring

July 15, 2018 by Pratik Makadiya at Bitcoin, Crime, News, Regulation

On July 11, 2018, the Chinese police apprehended over 540 people for organizing an online soccer gambling game which involved the exchange of bitcoins. The illegal betting places were conducted in south China's Guangdong Province. Squashing Gambling Rings in China The police in Guangdong Province said that the total amount...

July 2018 Blockchain Events and Cryptocurrency Conferences

July 15, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation, Tech

The number of blockchain conferences around the world continues to grow. This technology is reportedly as innovative as the Internet and thus only a matter of time before it is a necessary technology to have to compete in the business world. Attend one of these conferences and gain useful knowledge...

New York Looks to Attract Cryptocurrency Miners With New Electricity Tariffs

July 14, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Business, Mining, News, Regulation

The state of New York has approved a new set of utility rates aimed at attracting further investment from crypto miners into the state. Under the new framework, crypto miners who have descended on upstate New York to take advantage of low electricity prices will now be able to negotiate...

Russia to Allow Cryptocurrencies Trading on Stock and Commodity exchanges

Russian Intelligence Officers Face Criminal Charges after Using Bitcoin to Infiltrate Hillary Clinton’s Election

July 14, 2018 by contributor at Bitcoin, Crime, Finance, News, Regulation

On July 13, 2018, an 11-count federal indictment was filed against twelve Russian military intelligence officers allegedly infiltrating Hillary Clinton’s presidential campaign in 2016. The accused used cryptocurrencies to finance their operations and avoid the strict financial scrutiny that accompanies fiat operations. Russian Intelligence Held Responsible Digital Trends reported the...

Bitcoin, Ether, and XRP Weekly Market Update May 20, 2019

Greater Clarity Needed to Turn the Bearish Market into a Bullish One

July 14, 2018 by Cindy Huynh at Bitcoin, Finance, News, Regulation

In June, Todd Colvin, an analyst at Ambrosino Brothers, mentioned to CNBC’s "Futures Now" that it’s very difficult to be optimistic about the cryptocurrency market in the short term. Uncertainty regarding security and regulations, alongside a lack of accessibility to digital currencies, has resulted in the current bearish crypto market,...

Binance Set To Launch Regulated Bank in Cryptocurrency-Friendly Malta

July 13, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News, Regulation

Binance, the world’s largest cryptocurrency exchange by volume, is set to launch a regulated bank that will be owned by crypto investors. According to a statement released on July 12, 2018, the new bank will be named ‘Founders Bank’, and Binance has said that its stake in the venture is...

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