CCN Markets

Indian Regulators Officially Propose Total Cryptocurrency Ban

An Indian inter-ministerial committee on cryptocurrency and blockchain technology has finalized a report recommending both the establishment of a...
Bitcoin an ‘Unstoppable Force,’ US Congressman Tells Crypto Hearing

Bitcoin an ‘Unstoppable Force,’ US Congressman Tells Crypto Hearing

Bitcoin’s (BTC) plight in Congress has seen attention focus mainly on naysayers, but this week’s hearing also saw United States politicians accept it was...
Indian Government Breaks Silence on Crypto Regulation

Indian Government Breaks Silence on Crypto Regulation

The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the...
Facebook Libra Risks to Financial Stability Demand 'Highest' Regulatory Standards, Says G7

Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7

The G7 group of nations has warned that cryptocurrencies such as Facebook’s Libra are a threat to global financial...
CCN Markets

Mnuchin Warns Bitcoin Users of ‘Very, Very Strong’ Regulations

US Treasury Secretary Steven Mnuchin again turned his attention to bitcoin this week, warning that the Trump administration would...
SEC Begins Green-Lighting Token Offerings

SEC Begins Green-Lighting Token Offerings

The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in...
Libra Vs. US Congress: All There Is to Know Ahead of Hearings

All There Is to Know Ahead of Hearings

This week is crucial for the future of Libra: Facebook's cryptocurrency project will be subject to two back-to-back hearings in the United States Congress....
Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide

Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new...
UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include...
Bitcoin's Price Could Rise If Facebook's Crypto Survives Congress Hearings

Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings

Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency on July 16 and...
Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies

Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies

The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on...
British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors

British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors

British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to...
Facebook's Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

Facebook’s Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

Facebook’s initiative to create an accessible, frictionless, globally-available cryptocurrency and payments network is brushing up against unprecedented regulatory hurdles,...
IRS Preps Action after Identifying Crypto Tax Evaders

IRS Preps Action after Identifying Crypto Tax Evaders

U.S. citizens who have failed to report their income from crypto transactions or underreported such income now have every...
Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says

Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says

Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov has said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in...
Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

Cryptocurrency regulation will take a step forward during the upcoming V20 Summit where country representatives will assess the new course...
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms...
G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto

G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto

G20 finance ministers and central bank governors have asked the Financial Stability Board (FSB) and global standard-setting organizations to monitor risks around crypto assets....
Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings

Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings

Indian lawmakers have reportedly proposed to enforce a 10-year jail term for citizens who deal with cryptocurrencies, local financial news agency BloombergQuint reports on...
India's Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies

India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies

India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from...

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Facebook Hires Former Aide to US Sen. Mike Crapo to Lobby for Libra

Facebook Hires Former Aide to US Sen. Mike Crapo to Lobby for Libra

Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin.Facebook doubles...
British Tax Authority Seeks Data from Crypto Exchanges in Search of Tax Evaders

British Tax Authority Seeks Data from Crypto Exchanges in Search of Tax Evaders

HM Revenue & Customs, the British tax authority, is pressuring cryptocurrency exchanges to reveal customers’ names and transaction histories,...
Bitcoin Whale Bets Binance CEO 10 BTC That Price Will Drop Below $8K

Bitcoin Whale Bets Binance CEO 10 BTC That Price Will Drop Below $8K

Yesterday, Binance CEO Changpeng Zhao (CZ) warned that shorting Bitcoin right now wasn’t a good idea. However, a crypto...
More Cities and Regions Accepting Coins for Taxes, Services

More Cities and Regions Accepting Coins for Taxes, Services

Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities,...
Overstock's tZERO Patents Tech for Recording Trades on Public Blockchains

Overstock’s tZERO Patents Tech for Recording Trades on Public Blockchains

Security token trading platform tZERO has been awarded a patent for a way of recording trading data on public...