Archive | regulations

Hungary Working on Crypto Regulatory Framework

Hungary is reported to working on a framework to regulate cryptocurrency trading through a joint workgroup set up for this purpose. The county is currently far from being a crypto haven with steep taxation and a lack of recognition by the country’s ministry of finance and banking system. Despite this stance, the country, like a […]

Venezuela Central Crypto Bank Next as IMF Predicts Million Percent Hyperinflation

It has been reported that there are new plans afoot for a Venezuelan central bank cryptocurrency along with a “superior court to the Supreme Court of Justice”. According to Venezuela National Constituent Assembly member Hermann Escarra, the government is preparing to change the constitution to allow for the new crypto bank. Venezuela’s crisis has steadily worsened as […]

Spanish Political Coalition Calls for Regulatory Body to Explore Crypto

Spanish coalition party Unidos Podemos is proposing a body to oversee the implementation of blockchain technology and crypto regulation in the country. The coalition formed from left-wing parties Podemos, United Left, Equo and smaller parties has suggested the move in order to study the benefits of blockchain and implement its use in public administration in […]

Crypto Hedge Funds Face Tax Uncertainty

With US government scrutiny focusing in on cryptocurrencies, hedge funds face tense uncertainty due to the unclear tax regulations regarding digital currency assets. Trying to play by the rules With billions of dollars on the line, cryptocurrency hedge fund managers face a challenge when trying to fully comply with tax laws just as individual investors […]

Bitcoin Comes with Advantages Says Brazilian Presidential Candidate

Brazilian presidential candidate for the upcoming October elections in that country João Amoêdo has recently expressed pro Bitcoin views. Amoêdo’s Brazil New Party aims for the privatization of public enterprises like Petrobras, Central Bank of Brazil and Banco do Brasil. Although the party supports welfare programs like Bolsa Família, it aims to privatize the public […]

Asia and Australia: Crypto and Blockchain News Roundup, 3rd to 9th August 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. China Court sides with exchange despite allegations of defying government crypto ban: A Beijing court took the side of a cryptocurrency exchange […]

South Korea Blockchain Association Presses for Regulation Efforts

The South Korean Blockchain Enterprise Promotion Association (BEPA) is demanding for the government to speed up blockchain and cryptocurrency adoption and regulation efforts. Time for urgency A report from a local news outlet, Korea Joongang Daily, has said that the association filed this demand to curb the government’s focus on “negative short-term side effects” and instead […]

North America: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

North America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Morpheus Titania Bitcoin dealer case shows lengths of US law enforcement: Arizona Bitcoin dealer Mario Costanzo working under an alias Morpheus Titania […]

Europe: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. France Spike in French blockchain interest shows Macron future: French President Emmanuel Macron’s interest in blockchain and cryptosphere seems to have paid off as a […]

Asia and Australia: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. South Korea Exchanges could lose SME tax relief: South Korean exchanges could lose tax relief for small and medium enterprises (SMEs). A […]

South America: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Brazil Exchange wins case against bank that closed its account: Brazilian cryptocurrency exchange Walltime has won a recent court battle against local fiat […]

Company Gets SEC Attention After Adding “Blockchain” to Working Title

The SEC has subpoenaed Long Blockchain after changing its name and seeing its stock rise dramatically by 289% in December 2017. Long Blockchain Corp is an American corporation based in Farmingdale, Long Island, New York. Its wholly-owned subsidiary Long Island Brand Beverages, LLC produces ready-to-drink iced tea and lemonade under the “Long Island” brand. The company […]

Philippine SEC Shares Draft ICO Regulations

The Philippine Securities and Exchange Commission (SEC) has released a report detailing the country’s proposed initial coin offering (ICO) regulatory guidelines. The 37-page document released by the SEC reportedly comes after consultancy with several Philippine cryptocurrency companies, including Satoshi Citadel Industries and Coins.ph. The proposed rules would require Philippines-based startups and corporations to file applications with the SEC detailing the function […]