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Cryptocurrency Investor Protection Laws are Necessary, says Korean Bar Association
The Korea Bar Association is calling on the government to put in place laws guiding digital currency and investor protection. Bar Association Calls for Cryptocurrency Laws According to Reuters, South Korean lawyers called on the government to create laws that would enable the development of the digital currency industry and improve investors’ protection in the […] The post Cryptocurrency Investor Protection Laws are Necessary, says Korean Bar Association appeared first on Ethereum World News. дальше »
2018-11-9 16:55 | |
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Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws
The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. дальше »
2018-11-9 23:50 | |
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SEC charges EtherDelta founder with running unregistered securities exchange
In what could prove to be a groundbreaking case, the US Securities and Exchange Commission has charged the founder of cryptocurrency trading platform EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange. дальше »
2018-11-8 18:51 | |
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Taiwan Amends Financial Laws to Fasten Grip on Cryptocurrency Exchanges
Cryptocurrency transactions are getting a policy makeover in Taiwan after the country’s top financial watchdog agreed to curb illegal transfers and crackdown on those in violation of the law. Taiwan’s Crackdown As reported by Asia Times on Nov. дальше »
2018-11-7 14:00 | |
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Taiwanese Government Amends Cryptocurrency Laws for Privacy-Focussed Transactions
The Taiwanese Government recently amended their anti-money laundering and Countering Finance Terrorism (AML/CFT) laws concerning cryptocurrency regulations. According to an Asia Times article published on November 5, 2018, these revisions and changes will give Taiwan’s Financial Supervisory Commission (FSC), the ability to crack down on any anonymous cryptocurrency transactions. дальше »
2018-11-5 20:00 | |
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BTC/USD Price Analysis: Institutions Buying Bitcoin ahead of Bakkt Bitcoin Futures Launch as Price Bounce off $6,000
Latest Bitcoin News It is increasingly becoming clear that institutions are beginning to embrace crypto as an investment asset. After Morgan Stanley research findings concluded that BTC is no longer a store of value but an institutional asset class, it is only necessary for regulators to formulate laws that satiate the demand of investors. дальше »
2018-11-5 16:29 | |
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Taiwan Passes Law to Crack Down on Anonymous Crypto Transactions
The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions. дальше »
2018-11-5 01:15 | |
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Taiwan Passes Law to Crack Down on Anonymous Cryptocurrency Transactions
The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions. дальше »
2018-11-5 01:15 | |
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Malta’s New Virtual Financial Assets Act 2018 (VFA) Officially in Effect for Investor Safety
The crypto boom of the last couple of years was a shot in the arm for many small economies in Europe. This opened the doors for investment and growth in many small countries. Places like the Baltic states grabbed this opportunity by quickly passing a slew of laws to simplify online transactions. Malta was no […] дальше »
2018-11-3 18:28 | |
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Taiwan Regulator Places New AML and CFT Rules For Bitcoin Exchanges
Taiwan Legislature Places New Requirements For Cryptocurrency Exchanges A new Taiwan law has been passed to amend existing anti-money laundering (AML) and counter-terrorism financing (CFT) laws to require crypto exchanges to give some information to the government and change their compliance rules. дальше »
2018-11-3 00:12 | |
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Taiwan Amends AML/CFT Laws, Includes Regulatory Requirements for Cryptocurrency Operations
Taiwan’s legislature has amended the country’s anti-money laundering and terrorism financing prevention laws to include regulatory requirements for cryptocurrency transactions. Taiwan’s Anti Money Laundering Regulations for Cryptocurrency According to Focus Taiwan, the amendments grant the country’s top financial regulator (FSC) the power to clamp down on anonymous cryptocurrency transactions. дальше »
2018-11-3 22:57 | |
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Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds
The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella. The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future. дальше »
2018-11-2 00:40 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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October in Africa: Egypt stifles tech innovation, Google gets busy
The Egyptian government has had a busy time of late, shutting down taxi app mergers, taxing e-commerce platforms, and enforcing digital media regulation laws. Rumors have been swirling that Uber and regional equivalent Careem might be set to merge in Egypt, but it’s not going to happen. дальше »
2018-11-1 17:34 | |
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Ukrainian Authorities Set to Implement State Laws Aimed at Legalizing Cryptocurrencies and ICOs
The Economic Development and Trade Ministry of Ukraine is making serious plans to put in place a state policy aimed at legalizing all things cryptocurrency, including initial coin offerings (ICOs), bitcoin mining, among other activities, according to a local news source Ukrinform on October 26, 2018. дальше »
2018-10-30 00:00 | |
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Tanzania: Government to research blockchain tech, but very slowly
Tanzania is intent on getting into bed with blockchain tech, but wise officials have urged caution before rushing into anything. The Tanzanian government is prepping to conduct thorough research into distributed ledgers (DLT), but the move already has its skeptics, local media reports. дальше »
2018-10-29 16:40 | |
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Pornhub dodges India’s porn site ban with new domain name
Last week, the Indian government directed telcos to block 827 porn sites, including Pornhub – one of the biggest adult content sites. In response, Pornhub has launched a new website specifically for its Indian users, pornhub. дальше »
2018-10-29 14:55 | |
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Understanding quantum computers: The noise problem
Quantum computers are fragile miracles of physics that are unreliable, cost-prohibitive, and more error-prone than a shortstop with no depth perception. But, if we ever want to get to Star Trek levels of technology, we probably need them. дальше »
2018-10-25 22:17 | |
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Tim Cook supports EU’s strict privacy laws — but thinks taxes are ‘crap’
Apple‘s CEO, Tim Cook, just endorsed EU‘s push for stricter privacy regulation and defining privacy as a fundamental right, during his keynote address at a privacy conference in Brussels today — too bad corporate taxes weren’t part of the discussion. дальше »
2018-10-24 14:41 | |
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Hong Kong: National Stock Exchange Calls for Fintech and DLT Laws
The Hong Kong Stock Exchange (HKEX) has published a paper on October 18, 2018, arguing that the nation’s existing financial laws should apply to Fintech, cryptocurrency and distributed ledger technology (DLT) ecosystems. дальше »
2018-10-24 23:00 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Ethereum Price Analysis: China’s Blockchain Assault Continues, ETH Holding Steady
Even though transacting over blockchain platforms is legal, fresh efforts by Chinese regulators and agencies to further bog down privacy is of great concern. Proposals by the Cyberspace Administration of China may be conflicting with laws. дальше »
2018-10-23 05:15 | |
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Report: Cryptocurrencies Should Be Governed by Current EU Financial Laws
The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws. дальше »
2018-10-23 00:41 | |
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European Securities and Markets Authority (ESMA) Discusses Crypto Asset Regulation with Current Laws
Under existing cryptocurrency rules in the European Union, EU, as transferable crypto assets used in payments (such as bitcoin) are increasingly considered as investments, it could consider such assets under the EU's MiFID II (Markets in Financial Instruments Directive II) regulations, which came into force in January. дальше »
2018-10-22 21:54 | |
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Shyft Says Digital IDs Are The Next Big Thing
Security tokens look like the next big thing, but there’s one thing holding them back. As futuristic as peer-to-peer “digital stocks” might sound, they’re not going anywhere without regulation-compliant exchanges—which will need to automatically vet customers, source their funds, and ensure strict adherence with all the complexities of local securities laws. дальше »
2018-10-22 02:16 | |
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Marco Santori on Airdrops and the “Complete Picture” of SAFT Regulation
Ever since the U. S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development. дальше »
2018-10-20 19:31 | |
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ZebPay Leaves India for Malta After Regulations Crippled Its Business
Zebpay, once India’s biggest Bitcoin payment processor, has announced its move to Malta after its business was ‘crippled’ due to unfavorable laws and regulations. Lack of Banking Support ‘Crippled’ Our Business According to Quartz India, the Singapore-based Zebpay has set up operations in Malta. дальше »
2018-10-18 22:00 | |
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Indian government may recognize holding of unregulated cryptocurrencies as illegal
A report which is being prepared by a committee headed by India’s Economic Affairs Secretary, Subhash Chandra Garg, may propose amendments to the existing laws with a view of making it illegal to hold crypto assets that are not approved by the government. дальше »
2018-10-22 10:18 | |
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UK Crypto Exchange Coinfloor First to Receive Gibraltar Blockchain License
Cryptocurrency exchange Coinfloor has received a blockchain license from the strictly regulated Gibraltar Financial Services Commission (GFSC), and is the first crypto exchange to do so since the Gibraltar government instituted its blockchain regulatory laws, according to Finance Magnates. дальше »
2018-10-18 22:00 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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Blockchain Companies Get GDPR Advice from EU Consulting Body
In addition to offering blockchain ventures advice on data protection compliance, the EU Blockchain Observatory and Forum has appealed again to EU authorities to resolve the existing tension between privacy protection laws and DLT. дальше »
2018-10-17 13:50 | |
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Trump Blows the Lid-Off IPO Plans by Slapping High Taxes on Beijing’s Mining Hardware
In continuation of President Trump’s protectionist laws, Chinese goods are taxed steeply when imported into the US. The latest victim of this economic policy has been crypto mining gear manufactured in China, by the world’s number one mining hardware manufacturer Bitmain. дальше »
2018-10-17 21:56 | |
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Hong Kong Should not Ban but Regulate Crypto Trading, Says SFC Chairman
One of the complicated issues in overseeing the virtual currency market is to determine which parts of it come under the scope of existing laws, the outgoing head of the Securities Commission explained. дальше »
2018-10-16 22:48 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Senate Struggles to Understand Bitcoin – A Scam or Genuine Innovation?
The world is learning more about Bitcoin and cryptocurrencies every day as they are creeping into public consciousness steadily. However, learning about Bitcoin, investing in it, and creating laws that regulate the cryptocurrency sector are completely different things. дальше »
2018-10-13 22:49 | |
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing
Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U. дальше »
2018-10-12 18:06 | |
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Unregulated Crypto Exchanges Handle 97% of Criminal Bitcoin Flow
Cryptocurrency money laundering laws are proving to be effective as criminals are using only unregulated exchanges to siphon their money off. The CipherTrace Third Quarter Report shows that there is $927 million worth of stolen digital currencies waiting to be laundered in 2018. дальше »
2018-10-12 15:49 | |
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Recently Hit with Regulatory Action by US Watchdogs, 1Broker to Reopen Withdrawals Today
Bitcoin futures company is said to reopen withdrawals after being accused of having violated a number of U.S. securities laws. The post Recently Hit with Regulatory Action by US Watchdogs, 1Broker to Reopen Withdrawals Today appeared first on CoinSpeaker. дальше »
2018-10-11 19:45 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Bitcoin Price Analysis: BTC Accumulates, Bull Break-Out Likely
Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe. дальше »
2018-10-9 06:00 | |
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Cryptocurrency Regulations Moving Towards Clarity, Says Investment Security Expert
Julie Myers Wood believes that the era of little or no regulations in the cryptocurrency space is fast becoming a thing of the past. The Guidepost Solutions CEO says regulators will firm up laws to protect investors from bad actors in the industry. дальше »
2018-10-5 03:00 | |
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California Passes Two Pro-Blockchain Laws Amidst Support from Community
On September 28th, 2018, the state of California passed two blockchain bills into law. The two bills, each tabled by different members of the state’s legislative houses, define blockchain, cryptocurrencies, and allow innovations backed by this technology to have legal standing. дальше »
2018-10-4 09:00 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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Draconian Digital Search Laws Threaten Bitcoiners Passing Through Customs
Draconian legislation in a series of supposedly liberal democracies is encroaching on the rights of travelers. New Zealand is the latest nation to pass laws granting customs agents unprecedented investigatory powers including the right to force travelers to disclose their passwords or face a $5,000 fine. дальше »
2018-10-2 17:50 | |
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How BAT Could Re Vamp Privacy Laws In The United States
Basic Attention Token, the native token to the Brave project and the token designed to fully incentivise the consumption of fair advertising. According to reports, the CEO of Brave, Brendan Eich has written to the US Senate Committee on Commerce, Science and Transportation in order to address some of the concerns he has regarding the current privacy laws in the United States. дальше »
2018-10-2 16:00 | |
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