Taiwan Lawmaker Pitches AML Rules Update to Cover Crypto

A Taiwanese legislator wants cryptocurrency transactions to abide by the same money laundering laws that govern traditional financial instruments.To that end, Jason Hsu – sometimes...

CFTC Meeting Hears Renewed Calls for Crypto Self-Regulation

Satoshi Nakamoto was most likely not a Russian money launderer, but that theory was briefly proposed during a meeting hosted by the Commodity Futures...

Four Court Cases Confirm Cryptocurrencies Are Commodities in the US

Cryptocurrencies are commodities, according to four court cases involving the U.S. Commodity Futures Trading Commission (CFTC). A federal judge recently ruled that a token...

US Lawmakers Push for ‘Blockchain’ Definition in New Congressional Bill

A bipartisan bill recently introduced to the U.S. House of Representatives proposes creating a "consensus-based definition of blockchain."Representatives Doris Matsui and Brett Guthrie – both...

Ukrainian Legislator Urges Parliament to Cut Crypto Taxes Until 2030

A Ukrainian legislator has urged parliament during a speech on Monday, October 1 to review his alternative bill on cryptocurrencies that offers to freeze taxes for...

South Korea’s Policy Chief Calls for Legalization of ICOs

The chairman of Korea's National Policy Committee has called for the legalization of initial coin offerings (ICOs), provided that a regulatory framework is put...

European Regulator Renews Restrictions on Crypto-Based Derivatives

Europe’s securities watchdog, ESMA, has decided to extend the restrictions applied to a number of financial derivatives, including contracts-for-differences (CFDs) based on cryptocurrencies. The...

Congress members ask SEC chairman for clarity on cryptocurrency regulation

Calls for more clarity on cryptocurrency regulation are now coming from Congress, not just bitcoin fanatics.More than a dozen members of the House of Representatives sent...

US House Passes Bill for Task Force to Combat Crypto Use by Terrorists

The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate.House Resolution (H.R.)...

Colombian Draft Bill on Crypto Called ‘Inconsistent,’ Criticized by Local Industry

A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24.The draft was introduced...

South Korean Government to Exclude Sale, Brokerage of Digital Assets from Venture Business

South Korean cabinet ministers have agreed to exclude digital assets trading companies from venture business classification, Business Korea reported September 27.Back in August, the country’s Ministry of...

US Judge Sides With CFTC in Fraud Case, Ruling Cryptos Are Commodities

A U.S. judge has sided with the Commodity and Futures Trading Commission (CFTC) in a lawsuit involving an allegedly fraudulent crypto investment scheme, ruling...

Crypto, Revolutionized: New French ICO Regulation on Its Way

Today, the Assemblée Nationale (the French parliament’s lower house) is initiating a debate about a legal project introduced last June by the Minister of Economy and...

Japan Regulators Seek Answers in Wake of Zaif’s $60 Million Crypto Hack

Japan's top financial regulator is seeking answers from the operator of the Zaif cryptocurrency exchange, a situation that comes days after the trading site...

US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape

Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for...

Three Pro-Cryptocurrency Bills to Be Introduced to Congress

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing...

US Lawmakers Say IRS Too Focused on Enforcement, Should Provide Clarity for Crypto Taxation

U.S. lawmakers have called on the Internal Revenue Service (IRS) to issue clarified and “comprehensive” crypto taxation guidance, in an open letter submitted yesterday, September 19.The letter...

Switzerland and Israel Collaborate on Cryptocurrency & Blockchain Regulation

The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank...

Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi Regulator

The regulatory chief of Abu Dhabi’s international financial center and free zone has called for tighter regulations for cryptocurrency trading and ICOs while recognizing...

Japanese Regulator Unveils Crypto Regulation Updates

Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With...

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Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

The cryptocurrency market posted a minor decline on Friday, with bitcoin and most other large-cap assets shedding about one to two percent of their...

In the ‘Opportune’ Bear Market, Crypto Merger Acquisitions Surge Over 200% in 2018

In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, CNBC reported Oct. 18.Data compiled...

Armenian PM Attends Launch of Mining Farm Claiming to Be One of ‘World’s Largest’

The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to...