Tag: regulations

Oct 16 2020

Russian Regulators Hammer Bitcoin Holders Amid Ruble’s Descent

Oct 16 2020 Published at Crypto Briefing under tags  analysis regulations russia

Russia approaches a critical milestone regarding the regulation of cryptocurrencies and digital assets. Some of the essential documents have been accepted, and the new rules will start taking place from 2021. Unfortunately, this means a bleak future for the country's crypto community. According to the latest updates from the central bank, crypto...

Oct 14 2020

Following OECD Report, Member Country Spain Clamps Down on Crypto Users

Oct 14 2020 Published at Crypto Briefing under tags  analysis regulations

According to a recent report, the Organization for Economic Co-operation and Development (OECD) says that all member countries should be open to sharing information on citizens' crypto holdings. OECD Places Cryptocurrencies at Center of Digital Economy The OECD, an intergovernmental organization...

Oct 13 2020

India’s First Bitcoin Exchange Proposes Regulatory Sandbox Over Ban

Oct 13 2020 Published at Crypto Briefing under tags  analysis india regulations

As regulators in India mull over a new Bitcoin ban, the country's first crypto exchange, BuyUcoin, and industry leaders have come together to propose an alternative. Indian Government Balances Bitcoin Ban Founded in 2016, one of India's first crypto exchanges, BuyUcoin, quickly became a multi-million dollar platform. Though volumes evaporated following the banking ban in...

Oct 12 2020

Elliptic Adds Full AML and CFTC Compliance to Singapore’s New Digital Dollar

Oct 12 2020 Published at Crypto Briefing under tags  business regulations

The recently launched stablecoin XSGD will implement strong regulatory assurances for users with their compliance partner, Elliptic. Xfers and...

Oct 07 2020

Ripple Rebrands Products Amidst Tentative Plans to Leave U.S.

Oct 07 2020 Published at Crypto Briefing under tags  business regulations

Ripple has rebranded some of its services and emphasized its global mission, as detailed in a new blog post from the company. Services Go Global Two of Ripple's products have been rebranded. The first is Xpring, its developer- oriented payments platform, which is now available under the new name...

Oct 01 2020

New York Court Rules Kin’s $100 Million ICO an Unregistered Security

Oct 01 2020 Published at Crypto Briefing under tags  analysis icos regulations

According to the latest ruling in an ongoing court case, Kin's $100 million ICO has been designated an unregistered security offering. Judge Rules Against $100M ICO Hon. Alvin Hellerstein, a judge at the district court of the Southern District of New York, has ruled that Kin's token sale violated U.S. securities law....

Sep 26 2020

IRS Asks Simple “Yes or No” Question to Deal With Crypto Tax Evaders

Sep 26 2020 Published at Crypto Briefing under tags  analysis regulations

Starting this year, the U.S. Internal Revenue Service (IRS) is increasing priority on cryptocurrency taxation. The personal federal income tax form 1040 will now include a mandatory "Yes/No" question related to taxpayers' use of virtual currencies. ...

Sep 25 2020

European Union Proposes New Regulations for Cryptocurrencies to Embrace the Digital Revolution

The European Union (EU) is proposing new regulations in order for the economic block to embrace the digital revolution that it is taking place. In a recent proposal […]

European Union to Create “Legal Certainty” for Cryptocurrencies, Blockchain Companies

Sep 25 2020 Published at Crypto Briefing under tags  analysis regulations

The European Commission has put forward a prospective regulatory framework for cryptocurrencies and stablecoins, as discussed on the organization's website and in original documents. European Union: A Complete Crypto Framework The new framework regulates several aspects of...

Sep 22 2020

American Regulators Warm up to Crypto, Banks Authorized to Hold Stablecoins

Sep 22 2020 Published at Crypto Briefing under tags  markets regulations stablecoins

The U.S. Office of the Comptroller of the Currency (OCC) cleared national banks and Federal Savings Associations (...

Report Suggests UNI Tokens Unlikely to be Considered as Securities

Sep 22 2020 Published at Coingape under tags  defi news regulations sec securities uni

A new report by financial services firm Arca has delved into the possibility of Uniswap’s UNI token being treated as a security by regulators. In recent months Uniswap’s popularity and growth have exploded to the extent that it actually surpassed Coinbase for trading volume recently. Its total value locked currently stands just below $2 billion The post Report Suggests UNI Tokens Unlikely to...

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