#regulation News

Putin checking out some bitcoin russia flag

Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities

May 22, 2020 by Anthonia Isichei at Regulation

The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country. Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet...

Brazil: Authorities Investigating Banks that Close Crypto Exchange Accounts

May 21, 2020 by Anthonia Isichei at Regulation

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust watchdog, elected to revisit the probing of some banks who closed the bank accounts belonging to local crypto exchanges. Antitrust Agency Probes Banks' Closure of Crypto Exchange Accounts According to a report by Finance Magnate on Thursday (May 21, 2020) the...

Silhouette Standing in the Doorway of ErisX

ErisX Subsidiary Scores BitLicense From New York Regulators

May 7, 2020 by Anthonia Isichei at Regulation

The New York State Department of Financial Services (NYDFS) granted its BitLicense and money transmitter license to Eris Clearing LLC, the clearing and settlement division of ErisX. ErisX Clearing LLC Now Licensed Money Transmitter ErisX announced the news of the approval of the BitLicense on Wednesday (May 6, 2020). With...

Dutch man holding dutch paper with Bitcoin Ethereum and Ripple behind it checkbox

Crypto Exchanges to Face Stricter AML Laws in the Netherlands

May 6, 2020 by Anthonia Isichei at News

Dutch authorities have told crypto exchanges to be ready to comply with tougher anti-money laundering (AML) laws or face mandatory shutdowns. DNB Gives Crypto Exchanges Two Weeks Ultimatum In a press release published by the Netherlands’ central bank, De Nederlandsche Bank (DNB), on Monday (May 4, 2020), crypto exchanges operating...

Japan: Dash (DASH) Listing Proposal Gets Greenlight to Relist Altcoin on Local Crypto Exchanges

April 28, 2020 by Anthonia Isichei at Altcoins

A proposal put forward by Yosuke Suda who runs the Dash Japanese website recently got approval to intensify efforts to get the crypto token listed again on virtual currency exchanges in Japan. Dash Crypto Looking to Make Good with Regulators According to an update on April 26, 2020, concerning a...

Libra Association Waters Down Libra’s Core Model to Address Regulatory Concerns

April 17, 2020 by Anthonia Isichei at News

The Libra Consortium has made new updates to the white paper detailing amendments to the original premise, which include the introduction of a number of stablecoins pegged to different fiat currencies as against its initial model, among other changes, in response to concerns expressed by regulatory bodies. Regulatory Pressure Causes...

Waves (WAVES) Decentralized Exchange Announces ERC-20 Support

Waves Blockchain Enterprise Platform Gets Listed on Russia’s Official Registry

April 15, 2020 by Anthonia Isichei at Altcoins

Waves Enterprise, an enterprise-grade hybrid blockchain firm, recently got included in the Unified Register of Russian Software for Computers and Databases by the country’s Ministry of Communications. Waves Joins Russia’s Software Registry According to the official registry published by Russia’s Ministry of Communications, the firm was categorized as a “cloud-based...

U.K. FCA Says Bitcoin Evolution Crypto Exchange Not Permitted in the Country

March 17, 2020 by Anthonia Isichei at Regulation

The Financial Conduct Authority (FCA) recently added a crypto exchange company, Bitcoin Evolution, to its warning list. According to the U.K. regulator, residents should be cautious of the platform, as is not authorized by the FCA to operate in the country. Bitcoin Evolution Operating Illegally in the U.K The FCA...

Japan: JVCEA Registers Coinbase as Class 2 Member

March 2, 2020 by Anthonia Isichei at Regulation

The Japan Virtual Currency Exchange Association (JVCEA), the body set up to monitor and regulate crypto businesses in Japan, recently registered major U.S.-based crypto exchange Coinbase and two other companies as Class 2 members. Coinbase Joins JVCEA Ranks The JVCEA announced the news of the registration on its official website...

U.S.: Bitcoin ETF Proposal Rejected by the SEC; Crypto Mom Reacts

February 27, 2020 by Anthonia Isichei at Bitcoin

Following the recent rejection of another Bitcoin ETF proposal by the U.S. Securities and Exchange Commission (SEC), one of SEC’s Commissioners, Hester Peirce, has criticized the agency’s decision. According to Peirce, the SEC’s rejection indicated that the chance of getting a bitcoin ETF approval was almost impossible and the securities...

Pages: 1 2 3 4 5 6 7 8»