Tag: regulations

Nov 29 2022

Israel Proposes New Regulation for Digital Assets Guidelines

Nov 29 2022 Published at Coinscreed under tags  digital assets israel news regulations

The idea comes after the country's recent attempts to use cryptocurrencies in its economy. Monday, Israel Ministry of Finance released a set of suggestions for how to regulate digital assets. This is a step forward for the country's move into the world of cryptocurrencies. The recommendations call for the creation of a new regulatory infrastructure […] The post...

Nov 22 2022

Bahamas court orders FTX to pay remuneration fees to regulators

Nov 22 2022 Published at Coinscreed under tags  court crypto exchange news ftx regulations

The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12. The latest issue facing the insolvent cryptocurrency exchange FTX comes from the Bahamas, where it once had its headquarters. On Nov. 21, the Bahamas Supreme Court issued an order in favor of the Securities […] The post...

Nov 17 2022

U.S. Regulators May Face Scrutiny Over FTX Links

Nov 17 2022 Published at Crypto Briefing under tags  ftx news regulations sam bankman-fried

FTX's ties to political and regulatory figuresespecially those who have received donations from its principal executiveshave raised suspicions. Scrutiny for U.S. Regulators Several former U.S. regulators, including commissioners of the...

Nov 09 2022

Stefan Berger Explains Reason Behind MiCA Voting Delay

Nov 09 2022 Published at Coinscreed under tags  europe mica news regulations

One of the causes of the MiCA voting delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.” Stefan Berger thinks it is a technical need that the Plenary vote for the historic pan- European crypto law, Markets in Crypto Assets (MiCA), has been moved from the end […] The post Stefan Berger Explains...

Nov 08 2022

SEC Wins Case Against LBRY

Nov 08 2022 Published at Coinscreed under tags  lbry news regulations sec

In a dispute against a decentralized publishing platform, the U.S. Securities and Exchange Commission (SEC) won. In a victory for the Securities and Exchange Commission, a federal judge ruled on Monday that video-hosting platform LBRY Inc. sold its native token to American investors in an unlicensed manner. This decision could open the door for other, […] The post SEC...

Nov 01 2022

South Korean Regulators To Toughen Crypto Fraud Punishments

Nov 01 2022 Published at Coinscreed under tags  news regulations south korea terra

South Korean Regulators plan to strengthen regulations, with a focus on safeguarding investors in virtual assets, such as digital currencies, and toughening the penalties for unfair trading practices in the sector. Local media reports that the Financial Services Commission (FSC) and the National Assembly are working to pass a bill that would allow financial authorities […] The post...

Oct 25 2022

Why Pro Crypto Investors Are Undeterred By SEC’s Antagonism

Crypto assets and projects have long been met with resistance and scrutiny from financial regulating bodies such as the U.S. Securities and Exchange Commission (SEC). But this should not come as a surprise considering there have been confirmed reports of illicit activities that are connected to bitcoin and other related asset types. Hackers have already stolen over...

Oct 22 2022

Hong Kong Is Planning To Permit Crypto Retail Investment Trading

Oct 22 2022 Published at Bitcoinist.com under tags  btcusd btcusdt china crypto crypto news

Hong Kong is now contemplating changing its crypto trading requirements, in a way attempting to be different from China on the all-out crypto ban. It is now planning to take action as it wants to attain the status of being a global cryptocurrency hub by introducing many legal initiatives that are...

Oct 18 2022

EU Commissioner implores legislators to speed up crypto regulatory efforts

Oct 18 2022 Published at Coinscreed under tags  crypto eu union legislator news regulations

The EU commissioner for financial services implores its American counterparts to hurry up with crypto regulatory efforts in order to ensure that the upcoming regulations will be global, not local. Mairead McGuinness, commissioner for financial services at the European Union (EU), highlighted to the Financial Times on October 18 that the regulatory initiatives should have […] The post...

Sep 07 2022

Doctor Bitcoin, Jailed For Selling P2P, Warns Others They’ll Be Next

Sep 07 2022 Published at Bitcoin Magazine under tags  culture feature p2p regulations

Bitcoin educational persona Doctor Bitcoin explains his recent arrest for selling BTC and warns that the government won’t stop with him.In 2011, journalist and tech entrepreneur Mark Hopkins shared dinner with a longtime friend who offered to pay for his half of the meal by sending Hopkins some newly-minted bitcoin, which the friend had mined himself on his laptop. In a recent...

Sep 04 2022

Australian Authorities To Initiate Cryptocurrency Research Program

Crypto enthusiasts hope to see the sector accepted in every country worldwide. Even though the present condition of the market is not encouraging, investors are optimistic that the future of crypto assets is promising. Many countries, such as El Salvador, have already embraced crypto in their financial systems. The acceptance boosted the industry, and with more such adoptions in the pipeline, cryptocurrencies will...

Aug 30 2022

Ava Labs CEO Refutes CryptoLeaks’ Allegations

The CEO's remarks follow claims made in a blog post by CryptoLeaks that Ava Labs had a "secret contract" with a U.S. legal firm to sue rivals in return for AVAX tokens and ownership. Emin Gün Sirer, CEO of Ava Labs, has rejected as "conspiracy theory gibberish" shocking charges made by CryptoLeaks that his business […] The post...

Aug 19 2022

How Will Bitcoin Navigate Government Attempts To Control It?

Policy is beginning to creep against bitcoin and it may affect the bitcoin price in the future so there are specific issues Bitcoiners should focus on.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Matthew Pins to talk about the regulatory landscape and how the government might try to...

Accounting For Bitcoin And Digital Assets: Everyone Loves Controversy

Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change.This is an opinion editorial by Matt Maraia, a CPA looking to help educate the Bitcoin community on the ever-changing regulations on accounting standards.As the evolving digital assets ecosystem continues to pose more questions than answers within the accounting...

Aug 16 2022

Crypto Exchange Crypto.com Signs Undertaking With Canada’s OSC

The crypto bear market has had different effects on exchanges across the space. While some have seen themselves go underwater during this time, others continue to thrive due to their established user base. One of those has been Crypto.com, a crypto exchange that saw remarkable growth back in 2021. Now, the exchange is taking its operations one step further as it begins its...

Aug 10 2022

Despite Challenges, Nigerian Bitcoin Miners Are Poised To Profit

Nigeria is leading Africa in Bitcoin adoption, and miners there are overcoming regulatory and power grid challenges to find economic freedom.This is an opinion editorial by Emeka Ugbah, host of the “Bitcoin This Blockchain That” podcast based in Rwanda.Imagine that you are nursing a cup of caffé mocha in a coffee shop in Lower Manhattan. Then you overhear this African-looking...

Aug 02 2022

The FCA Is Introducing New Guidelines on Promoting High-Risk Investments

The Financial Conduct Authority (FCA) is introducing new guidelines for promoting high-risk investments. While crypt is classified as high-risk, the new rules will not apply to the promotion of crypto assets.The FCA is waiting for the UK government's decision on how to legislate...

Jul 29 2022

Is Bitcoin A New Type Of Property?

Bitcoin may eventually be labeled as a brand new type of property in the U.S. and U.K. because it doesn’t physically exist in any one specific location.The below is a direct excerpt of Marty's Bent Issue #1243: “Is bitcoin the emergence of a new type of property in the...

Jul 25 2022

India’s cryptocurrency journey so far

Jul 25 2022 Published at Blockmanity under tags  blockchain cryptocurrency regulations

From an explicit ban on cryptocurrencies in 2018 to making it taxable in 2022, India has come a long way. Through this article we discuss India's cryptocurrency journey in exact sequence so far and what...

Jul 21 2022

Crypto Industry Slams SEC After It Declares Nine Tokens Securities

Jul 21 2022 Published at Crypto Briefing under tags  coinbase news regulations sec

The Securities and Exchange Commission declared today in a court filing that nine tokens listed on Coinbase were securities, prompting strong criticisms from the crypto industry over the agencys regulatory...

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