South Korea’s new president delays crypto taxes in favor of consumer protections

FSC	2022-5-4 07:30

The country’s president-elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections.

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crypto protections consumer declaring legislation ensure until

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Источник: cointelegraph.com

crypto protections → Результатов: 33

Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says

The European Banking Authority said it will kick off work to map out crypto activities and spot new financial risks this year.

2022-4-30 19:07	policy
crypto out map work kick off activities

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Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year

Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide.

2021-12-24 16:56	Legal & Regulation
crypto lummis bitcoiner year bill cynthia senator

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US lawmaker planning to introduce comprehensive crypto bill in 2022: report

Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes and offer consumer protections.

2021-12-24 23:00
bill guide regulators stablecoins regulatory clarity around

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Senator Elizabeth Warren Calls Crypto The New Shadow Bank

US Senator Elizabeth Warren lashes out against cryptocurrency in the latest outburst of yet another crypto skeptic. The Senator referred to the asset class as the “new shadow bank” that failed to offer consumer protections for its users.

2021-9-8 00:18
senator shadow bank new crypto elizabeth warren

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SEC Gary Gensler: There Are Many Gaps in Investor Protections in the Crypto Market, Including DeFI

Gensler Calls Out Crypto In written testimony before the Subcommittee on Financial Services, newly appointed SEC Chair Gary Gensler touched on several issues bothering the regulatory agency. Zooming in on critical areas like fintech and private funds, Gensler lent his voice to the much-talked-about cryptocurrency market.

2021-5-27 19:46	Legal & Regulation
gensler crypto sec gary market critical areas

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SEC Chairman Gary Gensler Claims That Crypto Exchanges Have to Be Regulated, Asks Congress for Help

SEC chairman Gary Gensler is urging lawmakers to address crypto exchange protections

2021-5-8 19:53
sec gensler crypto gary chairman urging help

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Don’t Fear Exchanges Asking Who You Are — Fear When They Don’t

Nobody really likes regulations on exchanges, as seen by the interest in anonymity in the crypto world. However, protections are still important to keep users safe. The post Don’t Fear Exchanges Asking Who You Are — Fear When They Don’t appeared first on BeInCrypto.

2021-4-8 03:00	Regulation
don fear exchanges when asking keep still

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Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.

2020-11-27 15:25	Russia
crypto users russia bring protections against said

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Japanese FSA Endorses Huobi Token, Regulators Increase Protections for Crypto Investors

Coinspeaker Japanese FSA Endorses Huobi Token, Regulators Increase Protections for Crypto InvestorsHuobi Token (HT) has managed to become the first global exchange token that is now approved in Japan.

2020-4-25 20:52
token protections japanese increase crypto regulators fsa

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‘You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors

Britain’s financial watchdog has warned investors that they have no regulatory protections to turn to when they buy or sell cryptocurrencies. According to the Financial Conduct Authority, the UK’s Financial Services Compensation Scheme does not cover cryptocurrencies such as Bitcoin and Ethereum.

2019-7-31 16:46	UK
investors financial watchdog bitcoin own services cryptocurrencies

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Bitcoin IRA, BitGo Launch Insured IRA Composed Entirely of Crypto

The new self-directed crypto retirement plan features $100 million in insurance protections and lower fees.

2019-6-25 12:43
crypto ira million features 100 protections fees

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Australian Government Publishes Update on Cryptocurrency and ICO Rules

The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).

2019-6-1 19:04	Regulation
australian crypto assets financial laws asic need

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Bisq’s Lead Developer Makes Way for DAO to Take Over

The founder of decentralized crypto exchange Bisq has stepped away from all roles and activities, allowing the exchange’s DAO (decentralized autonomous organization) to oversee its operations.

2019-5-21 21:58	Investing
bisq dao exchange karrer announcement bitcoin contributors

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Smell Something Fishy? The CFTC Will Pay You to Report Crypto Scams

Nestled in the exhibition room at this year’s Consensus conference, the U. S. Commodity Futures Trading Commission (CFTC) had a message for conference goers as they weaved in and out of booths representing various projects and startups in the space: “Be on the lookout for virtual currency fraud” and if you see it, let us know.

2019-5-17 19:00	#scams
cftc bitcoin agency virtual crypto commodity trading

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Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill

Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.

2019-5-17 18:34	Regulation
bill emmer when bitcoin crypto hard tax

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Average Crypto Investment by Middle-aged Koreans has Doubled Since 2018

The average cryptocurrency investment by middle-aged South Korean investors has doubled over the past year. Also, the median amount invested in cryptocurrencies by retail investors in the country has increased since 2018, signifying a rise in confidence despite the bear market.

2019-4-22 16:14	South Korea
investment 2018 investors average doubled middle-aged retail

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Lightning Network For Zcash? BOLT Labs To Create Private Scaling Solution

Bitcoin’s Lightning Network may be a remarkable feat of technology, but it lacks one major aspect: privacy. Now a new project has received funding to create a high speed, scalable payments system, with privacy protections through Zcash’s anonymizing technology.

2019-4-19 18:28	ZCash
create lightning bolt labs network zcash privacy

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Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.

2019-3-20 16:49	Op-ed
cryptocurrency world blockchain aml money kyc technology

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Bitberry cryptocurrency wallet to be further secured by Cloudbric

CryptoNinjas Cloudbric, a security platform that encompasses web, mobile/PC, and cryptocurrency protections, today announced that it has recently signed an MOU with Bitberry, an easy to use bitcoin and crypto wallet run by RootOne.

2019-3-8 19:10
cloudbric bitberry wallet cryptocurrency secured further run

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Anti-Money Laundering Protections Improve with Stronger Laws for Huobi Korea

The sixth largest crypto exchange in the world, Huobi Korea, has decided to change the protections that they formerly had in place for anti-money laundering (AML). The firm announced its decision to alter these policies on February 21st this week.

2019-2-22 06:59	News
had anti-money korea decided exchange protections laundering

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Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss

When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $150 million in cryptocurrency ($180 million Canadian) was inaccessible as a result, the crypto world went nuts.

2019-2-5 20:35	QuadrigaCX
exchange sold may bitcoin notorious victims compensate

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Winklevoss Twins Believe the SEC is Waiting for More Market Surveillance and Protections

According to Cameron and Tyler Winklevoss, the popular twins in the cryptocurrency world and founders of the Gemini exchange, the U. S. Securities and Exchange Commission is searching for more market surveillance and protections.

2019-1-16 20:55	News
market protections exchange winklevoss twins surveillance sec

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European Banking Regulators Call for Unity in Crypto Regulations

Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.

2019-1-16 01:54	Regulation
crypto regulations rules eba assets gemini european

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In Cautionary Speech, Chairman Clayton Parrots SEC’s Bitcoin ETF Concerns

Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF).

2018-11-29 21:56	Regulation
etf sec custody clayton digital manipulation market

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

2018-11-17 01:42	Digital assets
bitcoin etf gold vaneck gurbacs market sec

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Maltese Government to Increase Consumer Protections, Says Silvio Schembri at Malta Blockchain Summit

Today at the Malta Blockchain Summit, speaker Silvio Schembri sheds light on the Government’s latest efforts to increase regulatory protections for crypto users on the blockchain-centric island.

2018-11-2 18:03	News
malta schembri blockchain summit silvio increase protections

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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
tether stablecoin coins model stablecoins dai these

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Cryptocurrency Exchanges Fall Short in Safeguarding Funds: Report

In April 2018, former New York Attorney General Eric Schneiderman sent off inquiries to more than a dozen cryptocurrencyexchanges to learn more about their internal operations.

2018-9-19 02:06	Regulation
report exchanges platforms york often trading cryptocurrency

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Goldman Sachs Could Have a Crypto Custody Service in the Works

One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.

2018-8-7 20:57	Investing
services goldman investment cryptocurrency sachs offering custody

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Forgotten in Cyberspace

Modern regulation like GDPR puts increasing stress on rights for privacy and even “absence” in cyberspace. While human rights and concepts of the individual are contested in the world, cyberspace seems to lean toward greater human rights in a uniform, global way.

2018-8-2 15:00
cyberspace rights even forgotten individual human daily

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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.

2018-7-30 18:38	Adoption & community
token digital industry cryptocurrency these icos chamber

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
tether company reiss funds trusttoken smart trueusd

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Taiwan Issues Crypto Guidance as It Steps Up Regulation

The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.

На Тайване будет создана криптовалютная ассоциация

Комиссия по финансовому надзору Тайваня (FSC) представит правила регулирования криптовалютной отрасли уже в ближайшие дни, поэтому 9 местных компаний решили создать криптовалютную ассоциацию.

Taiwan’s Crypto Industry Welcomes Regulatory Announcement

FSC chairman confirms that the island’s top financial watchdog will regulate crypto.

Правительство Тайваня ужесточило регулирование индустрии криптовалют

Министерство экономики Тайваня отнесло криптовалютные фирмы к категориям финансов, страхования и недвижимости, а токены-акции — к ценным бумагам.

South Korea moves to ban cross trading for crypto exchanges

South Korean crypto exchanges are groaning under a new proposal that will prevent them from converting trading fees to fiat currency.

South Korean regulators parley with 20 crypto exchanges

The FSC is in dialogues with South Korea’s crypto exchanges amid expanded regulatory oversight.

2022-5-4 07:30

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