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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
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Op Ed: Why Satoshi Nakamoto Deserves a Nobel Prize
Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind. дальше »
2018-10-23 23:22 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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Head of Korea’s Top Financial Regulatory Body Reaffirms Stance Against ICOs
On October 11, Chairman of Korea’s Financial Services Commission Choi Jong-koo reaffirmed his negative stance against virtual currencies and initial coin offerings (ICOs) in a statement given to Korea’s National Assembly. дальше »
2018-10-13 02:41 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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Congressman: Current Language for Cryptocurrency is Sloppy, Greater Regulation is Needed
In a recent interview with CNBC’s Squawk Box, Congressman Warren Davidson (R-Ohio), a member of the congressional financial services industry, spoke about cryptocurrency regulation and the complexities surrounding the issues. дальше »
2018-9-26 21:30 | |
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UK Treasury Committee: Cryptocurrencies Are Crypto-Assets and Should be Regulated
That crypto investors are exposed to a litany of risks in a largely unregulated and developing sphere is true. It is along the same line of consumer protection that the UK’s Treasury Committee is rallying from calling for immediate regulation of the sphere by the Financial Conduct Authority, the country’s markets watch dog. дальше »
2018-9-19 14:30 | |
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Terrorists Prefer Cash to Crypto, According to Congressional Testimony
In prepared testimony given before the U. S. House of Representatives Financial Services Committee, Yaya Fanusie, director of analysis for the Foundation for Defense of Democracies, explained how though terrorists have tried to raise funds through cryptocurrencies, instances are rare to non-existent. дальше »
2018-9-10 03:55 | |
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Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress
Terrorist groups such as Al-Qaeda, the Islamic State and others have unsuccessfully tried to raise money through cryptocurrencies such as Bitcoin, a former CIA analyst told Congress on Friday per Forbes. дальше »
2018-9-10 00:30 | |
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Terrorists Turn Away From Crypto, Criminal Money Argument No Longer Relevant
Foreign terrorist groups such as Isis and al-Qaeda have failed at repeatedly trying to raise money to fund their criminal operations using crypto, according to a testimony made today at a House Financial Services Committee hearing. дальше »
2018-9-8 13:29 | |
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Government Of Bahrain To Look Into Blockchain Technology
The government of Bahrain has highlighted that blockchain technology could be critical when it comes to improving the financial standpoint of the country. Local news sources suggest that Bahrain is investigating how blockchain could fulfil a number of roles within the economic sector, as well as considering the use of the technology for cyber-security methods. дальше »
2018-9-7 11:30 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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Saudi Arabia Declares Bitcoin Trading Is an Illegal Activity
Saudi Arabia’s financial watchdog, the Standing Committee for awareness on dealing in unauthorized securities has stated categorically on August 12, 2018, that cryptocurrency trading is illegal in the kingdom of Saudi Arabia. дальше »
2018-8-15 14:00 | |
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Bitcoin [BTC] and Ethereum [ETH] reach the US Congress, proponents expect positive
On 7th August, it was revealed that Bitcoin and Ethereum have reached the shores of the United States Congress with Bob Goodlatte, chair of the House Judiciary Committee revealing his crypto holdings. дальше »
2018-8-9 10:30 | |
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U.S. Congressman Owns Up To $80,000 In Cryptocurrency
Head of the House Judiciary Committee Rep. Bob Goodlatte (R-Va. ) has declared that he owns up to $80,000 in cryptocurrency. Goodlatte’s portfolio, according to his annual financial disclosure, showed that he owned Bitcoin primarily. дальше »
2018-8-9 01:49 | |
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First U.S. Congress Member Reveals Owning Bitcoin, Ethereum
Congressman Bob Goodlatte, Chairman of the Judiciary Committee in the US House of Representatives, recently disclosed his personal cryptocurrency holdings. The revelation comes amidst rule changes mandating disclosure for members of the House. дальше »
2018-8-8 11:00 | |
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U.S. Congressman Owns Up To $80,000 In Cryptocurrency
Head of the House Judiciary Committee Rep. Bob Goodlatte (R-Va. ) has declared that he owns up to $80,000 in cryptocurrency. Goodlatte’s portfolio, according to his annual financial disclosure, showed that he owned Bitcoin primarily. дальше »
2018-8-8 08:09 | |
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Washington D.C and Members of Congress Are Becoming more Accepting of the Cryptocurrency Industry
Cryptocurrency tokens like Bitcoin, Bitcoin Cash, and Ethereum are currently gaining greater acceptance in Washington D. C. as Bob Goodlatte, the chair of the House Judiciary Committee, currently holds between $17,000 and $80,000 in cryptocurrencies. дальше »
2018-8-8 06:00 | |
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First U.S. Congress Member Discloses $80,000 Cryptocurrency Portfolio
As Capitol Hill comes to terms with the notion of a new financial landscape, the U. S. Chair of the Judiciary Committee has become the nation’s first congress member to disclose holding cryptocurrencies. дальше »
2018-8-8 01:00 | |
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Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings
Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies. дальше »
2018-8-7 06:35 | |
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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. дальше »
2018-7-31 18:35 | |
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Digital Currency Regulations Should Be Among Congress’s Top Priorities, Says Prominent Lawmaker
Bill Huizenga, a member of the House Financial Services Committee, recently stated that lawmakers should become more proactive in regulating the “muddied and fairly opaque” digital currency market, especially digital tokens trading and initial coin offerings (ICOs). дальше »
2018-7-29 19:28 | |
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Muddied and Fairly Opaque Crypto Industry Needs Oversight, Says US Lawmaker
A member of the U. S. House Financial Services Committee wants lawmakers to focus more attention on initial coin offerings (ICOs) and the trading of crypto assets, calling the market “muddied and fairly opaque. дальше »
2018-7-27 22:30 | |
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EU Parliament Report Reveals How Banks Could Beat Bitcoin
A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »
2018-7-24 02:00 | |
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A New EU Report Suggests Banks Could Indulge in Financial Misconduct to Stay Away From Cryptos
A new report from an EU department shows that all is not well in the fintech sector as competition intensifies between traditional finance and crypto finance. The report prepared by the Police Department for Economic, Scientific, and Quality of Life Policies on the recommendation of the European Parliament Committee on Economic and Monetary Affairs (ECON). дальше »
2018-7-23 17:19 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-21 16:11 | |
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American Congressman Says Bitcoin Mining Should Be Made Illegal
Yesterday (18th July 2018), saw two separate House Committees discuss cryptocurrency in general, as well as specifically talking about Bitcoin. While the debates reached no clear conclusion, it has shown the general ignorance of the US’s elected officials on these topics. дальше »
2018-7-21 15:00 | |
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EU Parliament Study Recommends Anti-Money Laundering 5 To Include Crypto Rules
As the unified Parliament sets out to amend one of its most comprehensive financial laws, it sought the help of a study to include new regulations for the emerging alternate financial system that would include use of cryptocurrencies. дальше »
2018-7-21 09:43 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-20 20:46 | |
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Blockchain Leaders Share Commentary on Congressional Hearings on Cryptocurrency
Both the Congressional Agriculture Committee and the Financial Services Committee held hearings on the future of digital assets and cryptocurrency. Please see comments from leaders in the industry including Deepak Jain, CEO of Swych, Kalin Stoyanchev, Project Lead of RNDR, Al Burgio, Founder and CEO of DigitalBits, Josh Garcia, Co-founder of Ketsal Consulting and Principal […] дальше »
2018-7-20 20:28 | |
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Bitcoin investors are gambling on BTC’s value for no social benefit, says Congressman
During the recent financial services committee hearing at the U.S Congress, a Congressman named Brad Sherman suggested a ban regarding the buying and mining of cryptocurrencies by US citizens. He also strongly believes that cryptocurrencies take resources away from various other required areas and are used to facilitate criminal activities. Brad Sherman stated: “Cryptocurrencies offer […] дальше »
2018-7-20 18:28 | |
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U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear
Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. дальше »
2018-7-20 17:00 | |
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The Dark Side of Cryptocurrencies Highlighted yet Again at House Hearing
US senators are not convinced that cryptocurrencies could be used for positive purposes. During a House Financial Services Committee hearing titled ‘The Future of Money: Digital Currency,’ four witnesses spoke before the house to highlight the state of cryptocurrency. дальше »
2018-7-20 14:59 | |
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New Fed Chairman Dismisses Crypto As No “Significant Risk” To The Current Financial System
Head of the Federal Reserve, Jerome Powell on Wednesday in responding to a US federal Committee said that cryptocurrencies did not pose a “significant risk” to the stability of the current financial system. дальше »
2018-7-20 10:06 | |
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Russia: Cryptocurrency community to be regulated under common tax module
According to a Russian local newspaper Izvestiya, the head of State Duma [the Russian lower house of the Federal Assembly] Committee for financial markets, Anatoly Aksakov has signaled towards the authority’s consideration on passing a bill on digital assets in its autumn session. дальше »
2018-7-19 18:51 | |
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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Cryptocurrency Conversations on Capitol Hill
Cryptocurrency was all the buzz on Capitol Hill on Thursday. In two separate committee hearings, U. S. legislatures heard testimony on critical issues for the crypto-community. The meetings held on July 18, 2018, discussed the efficacy of the decentralized economy, and lawmakers’ continual struggle to understand the shifting financial landscape and to implement policy accordingly. дальше »
2018-7-19 14:00 | |
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Russian Crypto Owners and Bitcoin Miners Will Not Create Diffferent Tax Laws
Russia Will Not Create Separate Laws For Bitcoin Owners And Cryptocurrency Miners While speaking with the local media, Anatoly Aksakov, the head of the Financial Markets Committee in Russia’s state Duma, stated that the government does not have plans to create any separate tax frameworks for crypto. According to him, people who get money from […] дальше »
2018-7-19 09:55 | |
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Russia: Crypto Miners and Holders Regulated
Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of дальше »
2018-7-19 07:34 | |
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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws
Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »
2018-7-19 01:00 | |
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Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business
Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U. дальше »
2018-7-19 22:38 | |
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Reforms to the Securities Act 1933 Passed Almost Unanimously with Congress Set to Chip Away at Investment Prohibitions
“This bill ensures that America’s garages have fewer old cars and more new startups. ” So says Financial Services Committee Chairman Jeb Hensarling in a sign that lawmakers have finally heard us. дальше »
2018-7-18 16:06 | |
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FSB Want To Monitor Crypto Risks
The Financial Stability Board (FSB), which is accountable for regulation of the G20, and the Committee on Payments and Market Infrastructure (CPMI) have collectively created a structure that assesses how risks from crypto markets could extend to other area of the financial system. дальше »
2018-7-18 13:00 | |
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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry. дальше »
2018-7-17 15:00 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 10:32 | |
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U.S. House Financial Services Committee Will Discuss if Cryptocurrencies are ‘The Future of Money’ Next Week
The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th. дальше »
2018-7-13 01:41 | |
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