Financial Action Task Force’s Crypto Guidelines Set for June 2019

Regulation of cryptocurrencies has been a major problem for countries that want to make use of their unique features. Countries like China and India have a hawkish stance on digital coins and have tried to curb their local crypto markets.

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Global Money Laundering Watchdog to Establish Crypto-Focused Guidelines by June

The global entity responsible for setting international money laundering guidelines is finally ready to lay the foundation for its first crypto-specific set of rules by June 2018. FATF Readies Global Crypto Regulation on Money Laundering Paris, France-based money laundering watchdog, Financial Action Task Force (FATF), has seen increasing pressure from global governments to unify regulation.

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Positive Future For Bitcoin In Gambling

The world of digital currencies and the world of gambling seem to be joining up. The benefits offered by currencies such as the market leader, Bitcoin isn’t an oversight. Winning Poker Network is one of the companies that is benefitting from supporting from the world of crypto over the past few years.

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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

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South Korean Regulators Discuss Proposals for ICO Legislation

Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act.

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Coinbase Adds Digital Asset Framework For Self-Service Listings

Coinbase, the US-based crypto exchange leviathan, has announced a new system for listing digital assets. The Coinbase Digital Asset Framework sets out clear guidelines for projects that wish to be listed on the exchange.

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A Boost to Crypto Companies as Switzerland Introduces Guidelines to Deepen Access to Banking System

Switzerland is home to over 500 blockchain and cryptocurrency startups. However, due to the restricted access to the banking sector, many projects have been moved to other countries. This is the problem that Switzerland, through the Swiss Bankers Association (SBA), is trying to solve by issuing guidelines to banks dealing with cryptocurrency startups.

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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus

The Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies.  They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses.

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Switzerland Fights to Keep its Crypto Companies

More than 500 blockchain and cryptocurrency startups have found a home in Switzerland. The country hopes to become the ultimate blockchain capital of the world. The country has introduced a new plan to strengthen the previously edgy relationship between cryptocurrency startups and Swiss banks.

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Bitcoin Magazine’s Week in Review: The Resilience of Bitcoin

Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops.

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New guidelines push to support Swiss blockchain ecosystem

The Crypto Valley Association (CVA), a non-profit supporting the blockchain ecosystem in Switzerland, today welcomed the issuance of new guidance from the Swiss Bankers Association (SBA) to its members, regarding the treatment of blockchain-based companies.

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Swiss Bankers Association Publishes Guidelines on Treatment of Blockchain Firms

The Swiss Bankers Association and Crypto Valley Association introduce new guideline that aims to standardize the treatment of blockchain companies.

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Republican Representatives Urge IRS To Update Crypto Tax Guidelines

Despite the growing interest in cryptocurrencies, the Internal Revenue Service has failed to update their tax guidelines regarding digital assets. On September 19th, five U. S. legislators sent a letter to the IRS that “strongly urged” the group to update their cryptocurrency tax guidelines.

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Crypto Exchange Poloniex Dumps Eight Underperforming Coins

Cryptocurrency exchange Poloniex is delisting eight coins: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC).

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[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts

Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix.

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Phillipines Considers Exchange Guidelines Ahead of Unveiling ICO Laws

Following the footsteps of regional developments in South East Asia, the Philippines Security and Exchange Commission could soon pass relevant laws for the operation of cryptocurrency exchanges in the country, Manila Times reported September 3, 2018.

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South Korean Lawmaker Proposes Special Crypto Zone for ICOs

A South Korean lawmaker has reportedly proposed designating a regulation-free special cryptocurrency zone aimed at initial coin offerings. It has been about a year since token sales were banned in the country but the government has yet to introduce any guidelines for them.

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Top Crypto Exchanges Join Winklevosses’ Self-Regulatory Organization

Some of the crypto industry’s biggest exchanges are joining with the Winklevosses in an effort to bring self-regulation to a market that many perceive to be fly-by-night and unstructured.

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[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments

Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings.

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“Not a Great Precedent”: Commissioner Discusses the SEC’s Latest ETF Decision

When the SEC announced its rejection of the Winklevosses’ latest bitcoin ETF filing, the industry found itself reckoning with a problem on repeat: striving toward the goal of approval, another Exchange Traded Fund (ETF) proposal faced the SEC’s death knell.

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Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight

In recent regulatory news, Dutch police have reported an increase in electricity fraud associated with crypto mining, a Michigan Republican member of the House Financial Services Committee has urged Congress to make the development of clear guidelines overseeing the cryptocurrency industry a top priority, and digital currency advocacy group, Chamber of Digital Commerce, has published […] The post Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight appeared first on Bitcoin News.

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Chamber of Digital Commerce Proposes Guidelines for ‘Responsible’ Crypto Market Growth

The Chamber of Digital Commerce Token Alliance’s new report on how to understand the digital token market notes that guidelines are needed to promote “responsible growth” and innovation

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Chamber of Digital Commerce Sets Out ICO and Token Guidelines

The Chamber of Digital Commerce’s Token Alliance is producing a new group of guidelines built to help the cryptocurrency and initial coin offering (ICO) markets grow responsibly.

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A Blueprint for Reforming the Crypto Token Market

The Token Alliance, a Chamber of Digital Commerce initiative, has laid out guidelines for how token sponsors and regulators can meet in the middle.

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Google Sends Warning To Cryptocurrency Mining Apps

After Apple did a similar thing, Google have decided to update their Play Store policies which has resulted in banning apps which mine cryptocurrencies like Bitcoin, XRP, and Ethereum. This move comes a few weeks after Apple introduced their own changes to the polices to the App Store Review Guidelines with a new section regarding the restriction of cryptocurrency mining apps.

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Indian Crypto Regulation is ready by September: officially

News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India.

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Indian Crypto Regulation Ready by September: Official

The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun.

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G20 Crypto Regulatory Guidelines Issued Before Summit

Collectively, the G20 strives to create policies that are beneficial for the world economy.

The post G20 Crypto Regulatory Guidelines Issued Before Summit appeared first on CryptoSlate.

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Stellar Receives Certification from Islamic Scholars, Religious Validity of Crypto in Question?

Islamic scholars have given blockchain platform Stellar, and its native cryptocurrency Lumens, Islamic certification. The California-based startup was also given guidelines on the specific assets that can be traded using its blockchain by the Shariyah Review Bureau.

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What Is an Equity Token Offering (ETO)?

As regulators and blockchain companies in the States play cat and mouse, some interesting developments are going on in Europe. The crypto community watched on in awe last week as Malta became the first country to pass new blockchain-based regulations.

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Digital Isle of Man Joins the British Blockchain Association

One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).

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South Korea Unveils New Supportive Crypto Regulations

The South Korean Financial Services Commission (FSC) had released a new regulatory framework and Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines for cryptocurrency exchanges in the country.

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Crypto Gains Come Under IRS Scanner

As more investors trade in cryptocurrency, the national revenue watchdog IRS is also stepping investigations into two key issues in this realm, taxable gains which are not reported and tax frauds.

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South Korean Financial Watchdog Releases Stricter AML Guidelines for Virtual Currencies

South Korea’s Financial Services Commission released new AML guidelines that require crypto exchanges to conduct proper customer ID due diligence

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Bank of England: Deputy Governor Warns Financial Institutions of Crypto Asset Risks

Financial institutions must be extra aware of their involvement with crypto assets, making sure to follow all guidelines, say Bank of England in mass warning letter

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Huobi Pro Withdraw From Japan

Breaking News out of Japan states that Huobi Pro, one of the biggest cryptocurrency exchanges in the world is set to withdraw from Japan and will cease to provide exchange services to customers there.

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Canada is Closing up Every way that Allows Criminals to Use Bitcoin For Fraud

Crypto-Friendly Canada Set to Increase Regulatory Oversight in its Cryptocurrency Ecosystem to Eliminate Bad Actors. So far, 2018 has been a year crypto regulation, with quite many nations working tirelessly round the clock to sanitize their blockchain-based digital currency industry by formulating guidelines to govern the nascent space.

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US Ethics Office Issues Guidelines to Exec Branch on Crypto

The United States Office of Government Ethics released a legal advisory on government employees, instructing them to report their cryptocurrency holdings under normal financial disclosure procedures.

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New Rules Soon From Japan’s Virtual Currency Exchange Association

According to a recent report, Japan’s Virtual Currency Exchange Association (JVCEA) is expected to release new guidelines next week to govern how Japanese crypto exchanges conduct themselves.

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Report: Japan’s Crypto Exchange Body to Release Rules

Japan’s Virtual Currency Exchange Association (JVCEA) will reportedly be releasing new voluntary rules next week, Cointelegraph Japan reports today, June 18. The official announcement of the regulatory guidelines, set for June 27th, will reportedly include a ban on insider trading, penalizing cryptocurrency exchange employees if they engage in “inappropriate” trading due to their firsthand knowledge.

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Japan’s Self-Regulatory Crypto Exchange Body to Release Voluntary Rules, Report Says

Japan’s self-regulatory crypto association will reportedly release guidelines on June 27th, banning insider trading and the listing of anonymous coins

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Korean crypto exchanges step up to aml compliace. Banks are burning out

Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

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ICYMI: Apple bans crypto mining on their devices!

The App Store review guidelines of Apple has a new term set, related to the crypto-world. Apple states that “Apps, including any third party advisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining.

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Apple Abolishes Crypto Mining on its Devices

Apple's new developer guidelines for apps explicitly forbid the deployment of software that mines cryptocurrencies.

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Apple Prohibits Crypto Mining in Apps with New Guidelines

As crypto mining through apps becomes more prevalent Mac has had to address it in the release of their new guidelines. Mac Prohibits App Mining in New Guidelines Crypto mining is way up in 2018 with a reported 4000% increase in Q1.

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Apple No Longer Allows Crypto Mining On Its Devices. That’s Good For Users.

Want to mine some cryptocurrency on your mobile Apple device? Well, starting now, you can’t. During the annual Worldwide Developers Conference last week, the company altered its developer guidelines to include specific rules on how its devices could and could not be used to mine cryptocurrency.

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Lithuania Unveils Comprehensive Cryptocurrency and ICO Guidelines

Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).

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Lithuania Unveils Detailed Cryptocurrency and ICO Guidelines

Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).

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