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Tag: cryptocurrency regulation

The True Sentiment Behind the Senate Meeting on Bitcoin, ICOs, and Blockchain Technology

Category: Bitcoin, Blockchain, Commentary, News, Regulation

The True Sentiment Behind the Senate Meeting on Bitcoin, ICOs, and Blockchain Technology

On February 6, 2018, the Senate created a forum to discuss cryptocurrencies in a meeting titled, “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.” This meeting had been long anticipated by the community, with many speculating that this session could be a “make or break” moment for the cryptocurrency…

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Only Global Rules Can Harness Bitcoin, Says European Bank Director

Category: Bitcoin, News, Regulation

Only Global Rules Can Harness Bitcoin, Says European Bank Director

Joachim Wuermeling, a member of the board of Bundesbank, Germany’s central bank, says only global regulations will be useful in controlling cryptocurrencies. His January 2018 statement comes on the heels of the introduction of increased EU regulations on digital currencies in December 2017. Controlling a Borderless Economy “Effective regulation of virtual currencies would therefore only be achievable through the greatest…

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US Treasury Secretary: The Dollar Could Be Converted Into “Digital Dollar”

Category: Bitcoin, Commentary, News, Regulation, Tech

US Treasury Secretary: The Dollar Could Be Converted Into “Digital Dollar”

The United States, through its Treasury Secretary Steve Mnuchin, has declared that they are closely watching the digital currency ecosystem and could turn the US dollar into a cryptocurrency in the distant future. Crypto Dollar According to Express, Steve Mnuchin has said that in line with the recent popularity of bitcoin, the Treasury had made proposals of converting the US…

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Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

Category: Blockchain, Business, Commentary, News, Regulation, Tech

Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

The government of Switzerland is reportedly working towards laying down regulations for the blockchain and Initial Coin Offering (ICO) industry. Spearheading the movement is Taskforce Blockchain, a group led by the country’s Finance and Economic and Education ministers, Ueli Maurer and Johann Schneider-Ammann. The team also includes federal, local legal representatives and key members of the Swiss blockchain startup ecosystem….

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Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Russian President Vladimir Putin has declared his intentions to enact laws that will comprehensively regulate the cryptocurrency markets very soon. Crypto Legislation on the Cards The no-nonsense Russian president Vladimir Putin has made it clear that his regime is not ready for half-baked crypto regulations going forward. Putin is of the opinion that the complete management of the Bitcoin and…

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Putin Requests Russian Government to Regulate Bitcoin Mining by Mid-2018

Category: Bitcoin, Mining, News, Regulation

Putin Requests Russian Government to Regulate Bitcoin Mining by Mid-2018

According to a series of orders translated by Motherboard, Russian President Vladimir Putin has tasked the Russian government to introduce regulatory frameworks around bitcoin and cryptocurrencies by mid-2018. Specifically, Putin requested the impose a licensing program for cryptocurrency miners, requiring them to register with the government within the next 12 months. Purpose of Mining Regulations: Taxing Miners Most major bitcoin…

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