Thursday, August 16, 2018

US: Lawmaker Calls for More Action from Congress on Regulating Crypto

Congressman Bill Huizenga has urged for the U.S. Congress to focus on crypto regulation in an interview with Bloomberg July 27. Huizenga wants to see more oversight in...

Korean Regulator Urges Haste on Crypto Bill After Exchange Hacks

A senior executive at South Korea's Financial Services Commission (FSC) has called on politicians to pass a bill regulating domestic cryptocurrency exchanges with urgency...

Vietnam’s Securities Regulator Warns Industry to Avoid Crypto Activities

Vietnam's securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.In an announcement this week, Viet Nam...

Ban U-Turn? India’s Central Bank Admits Crypto Regulation is Necessary

In a first, India’s central bank has called for the regulation of the domestic cryptocurrency sector during Friday’s hearing at the Supreme Court, weeks...

Reserve Bank of India Urges Supreme Court to Regulate Crypto

India's central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21.In April of...

Malta Regulator Tells Blockchain Companies to Wait Before Applying for Approvals and Authorization

The Malta Financial Services Authority (MFSA) said in a statement that blockchain companies have to wait until a recently passed framework comes into force before...

Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won...

India’s Supreme Court Sets September Date for Final Cryptocurrency Petition Hearing

India’s Supreme Court has upheld the central bank’s directive of prohibiting banks from offering services to the domestic cryptocurrency sector following a hearing today.On...

Russia: Crypto Miners and Holders Will Be Regulated Under Existing Laws

Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18.The Chairman of the Russian State Duma Committee...

US Congressman Calls for Ban on Crypto Buying and Mining

A U.S. lawmaker has called for a blanket ban on cryptocurrency buying.Congressman Brad Sherman is no stranger to controversial statements on the subject –...

Is India About To Reverse Its Crypto Trade Ban?

On July 20, the Supreme Court of India will hold a hearing regarding the state of cryptocurrencies in the country. It is a decisive...

South Korea to Simplify Blockchain Investment With New Legislative Changes

South Korea regulators vowed to introduce friendly blockchain investment legislation in a meeting July 13, the latest chapter of an ongoing push to promote the technology nationally.At the 4th...

US Judge Delays Crypto Fraud Ruling Pending CFTC Response

A federal judge has postponed any decision on a crypto fraud case brought by the Commodity Futures Trading Commission (CFTC) against alleged scammer Patrick...

Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards...

Report: India May Not Ban Cryptocurrencies, But Treat Them as Commodities

India is not going to put a blanket ban on digital currencies, but rather treat them as commodities, an anonymous source in the government told news outlet...

Report: Korean Political Parties to Propose New Crypto Laws

South Korea's National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days.Between July 13 and 26,...

Policy Easing, New Crypto Classification in South Korea

South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies....

Indian Police Seek to Sell Crypto and Bypass RBI Ban

Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India...

South Korea is Officially Recognizing Crypto Exchanges as Regulated Banks

For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks.Local publications in South...

Thailand SEC Reveals Date for Enacting ICO Licensing Rule

Thailand's financial market regulator has said a new rule governing local initial coin offerings (ICO) will take effect on July 16.The Thailand Securities and...

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30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.In a...

Tyler Winklevoss: ‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector.The Winklevoss brothers also...

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits

Several blockchain associations in South Korea are pushing back against a government plan they fear will stifle industry innovation.The groups are objecting to a proposal aired...