The Supreme Court of Russia Orders to Check the Ban of Bitcoin Website The Russian Supreme Court has ordered St. Petersburg City Court to consider the cryptocurrency website ban, according to yesterday’s report. The District Court of St. Petersburg has granted the…
US Watchdog Sanctioned Tezos The cryptocurrency project Tezos, which recently has made headlines with $232 million ICO last year was sanctioned by U.S. financial regulator. The Reuters reported, that the Financial Industry Regulatory Authority (FINRA) prohibited Tezo’s co-founder Arthur Breitman from association…
Bithumb Exchange From South Korea Issues Own Token in Singapore The leading cryptocurrency exchange in South Korea Bithumb recently has revealed its plans of issuing own cryptocurrency called Bithumb Coin, according to the local news report. The report says, that Bithumb token…
Crypto Exchanges from Brazil Creating “Rival” Cryptocurrency Associations The largest cryptocurrency exchanges in Brazil, including Bitcointrade, Mercado Bitcoin, Foxbit recently joined forces to create a cryptocurrency association whose goal is to defend the interests of cryptocurrency users. The organization recently found out other…
Latvia Wants To Legalize & Tax Cryptocurrencies The Latvian Finance Ministry says, that 20% tax can be laid on capital gains from deals with cryptocurrencies. On Wednesday the authorities announced the proposal during a meeting with deputies from the Parliamentary Budget and…
Experts View: Cryptocurrency Regulation Attracts Investors According to a number of market insiders, better cryptocurrency regulation attracts institutional investors. Media reports stated earlier last week, that George Soros, an Hungarian – American investor has officially inked the Soros Fund Management’s permission slide to trade…
Coinbase Exchange Approaches SEC for Regulated License The U.S. cryptocurrency exchange Coinbase has approached regulators to get registered as a licensed brokerage. The action will help the exchange to conduct its business in compliance with the Securities and Exchange Commission (SEC). The…
The Central Bank of India Issues Cryptocurrency Ban The India’s Reserve Bank (RBI) has banned regulated banks and its account holders from dealing in cryptocurrencies. In recent months the growing bubble around bitcoin and other virtual currencies has unnerved a number of…
Liechtenstein Adopting Light Cryptocurrency Regulations It appears, that Liechtenstein doesn’t want to miss the opportunity of using Blockchain innovation in its economic system. According to the nation’s prime minister, the government of Liechtenstein plans to lay out “sensible” and comprehensive Blockchain regulations….
Kazakhstan Is Going To Prohibit Cryptocurrency Trading The National Bank of Kazakhstan is going to prohibit cryptocurrencies, because there is a risk of tax evasion and money laundering. The Bank’s negative approach on cryptocurrencies is being used to commit large-scale acts and…
Japan Fights Against Cybercrime And Crypto Theft The new law enforcement unit from Tokyo is going to raise efforts to combat cybercrime. Over 500 analysts and investigators from different branches of Japanese police and other security services will work at the new…
Thailand Sets Tax Payment For Cryptocurrency Transactions The Ministry of Finance in Thailand has announced its tax rates for cryptocurrency trading and investments amid the ongoing legislative process to regulate and tax the sector. The country’s finance minister Apisak Tantivorawong announced the…
The Finance Minister Of France Plans ICO Regulations Recently, France’s finance minister Bruno Le Maire revealed that the country plans on creating a legal framework for initial coin offerings (ICOs). The aim is to become a leading ICO hub. Le Maire wrote…
Cryptocurrency Exchanges Must Be Like Stock Markets: US Regulator According to some analysts view, cryptocurrency markets still lack proper oversight and regulations. The U.S. Securities and Exchange Commision (SEC) head Brett Redfearn, stated that the current state of cryptocurrency markets resemble the…
Binance Denies Japanese Regulator’s Criminal Warning Bitcoin price’s sharp pullback on Thursday came after Japan’s regulator had issued a warning to Binance, one of the world’s biggest cryptocurrency exchanges, that it was operating in the country illegally and criminal charges would be…
G20 Calls For Cryptocurrency Regulation By July 2018 The world economic leaders have met in Buenos Aires for G20 summit and discussed the proposals of cryptocurrency regulations to come by July 2018 according to the G20 communique. The document backs the words…
Japan Encouraged G20 Members To Prevent Money Laundering Next week Japan is going to rise a question at G20 meeting to beef up efforts to prevent cryptocurrencies from being used for money laundering. “Discussions will focus on anti-money laundering steps and consumer…
Former Finance Mininster Of Thailand Calls For Crypto Regulation The Thailand’s former finance minister voiced his support for regulating of cryptocurrency trading and ICOs. His name is Korn Chatikavanij, who previously has served as the country’s finance minister between the end of…
Cryptocurrency Exchanges Blocked By China After Binance Exchange’s Hack Several cryptocurrency exchanges have been blocked in China, a day after major cryptocurrency exchange Binance suffered a major hack. This caused investors to suspect that the Chinese government may be involved. In China several…
Tax Payments In Cryptocurrency: Arizona Bill Arizona House of Representatives’ Ways and Means Committee has officially endorsed a bill, that would make Arizona the first US State to accept payment for taxes in “bitcoin or other cryptocurrency”. The bill was passed by the…
