Saturday, February 22, 2020

German Financial Authority Warns on ICOs…Again; Nothing Changed

As governments around the world continue spinning their wheels considering possible regulations for cryptocurrencies and ICOs, most are issuing warnings to consumers. The warnings...

Russia Unveils Details of Cryptocurrency Bill Expected in February

Russia’s Deputy Finance Minister announced that the cryptocurrency bill is expected to be ready by February 1. He then unveiled some details of the...

Members of European Parliament Agree Cryptocurrency Has Come to Stay

Sorin Moisa, Member of European Parliament, has emphatically stated that cryptocurrencies are here to stay. Moisa opened a discussion at a policy dialogue organised by ORCA...

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led...

Thai Exchange TDAX Halts ICO Trading

Regulators and banks in Thailand are slowly turning the screws on privately owned crypto exchanges operating within the Kingdom. Thai Digital Asset Exchange (TDAX)...

Ethereum dives as one of the world’s biggest cryptocurrency markets considers a bill to...

South Korea's justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major...

Russian Authorities Criticized over Proposed Crypto Regulation

Criticism aimed at authorities and the new legislation on “digital financial assets” is mounting in Russia. Local officials have rebuked lawmakers in the capital...

Russian Bill Draft Requires Gov’t Officials To Declare Crypto Assets

In a recent interview with the Russian news outlet Gazeta, the chairman of the State Duma Committee on Financial Markets, Anatoly Aksakov stated that the...
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....

Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to Bitcoin

An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy...

China’s Internet Finance Association Warns on ‘Initial Miner Offerings’ 

A self-regulatory organization in China is warning about a new kind of mining-focused cryptocurrency offering. The so-called "initial miner offerings" are said to have caught...

S. Korea To Tax Crypto Exchanges 24.2 Percent, In Line With Existing Tax Policy

Local news agency Yonhap reports that South Korean government has announced Monday, Jan. 22 that it will be collecting a 22 percent corporate tax and a 2.2 percent...

Ross Ulbricht’s Fate in the Hands of the US Supreme Court

Ross Ulbricht formally submitted a writ of certiorari to the Supreme Court of the United States (SCOTUS), seeking a hearing for the overturn of a decision...

China’s Position on Crypto Likely to Harden Under New PBOC Governor

China’s cryptocurrency markets have witnessed a number of significant events in recent weeks, including affirmation from the People Bank of China (PBOC)’s new governor,...

Malaysia Will Not Ban Bitcoin Trading, Confirms Finance Minister

Malaysia will not enforce a blanket ban on the trading of cryptocurrencies like bitcoin, the country’s second finance minister revealed. In an interview with The Malaysian...
Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts

Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts

The U.S. state of Connecticut could soon legalize the use of blockchain smart contracts in business. The Commerce Committee of...

Bermuda Government Approves First ICO Under New Regulatory Regime

The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain...

‘Downright Fraud’: Hong Kong Securities Watchdog Warns on ICOs

Hong Kong's securities regulator is taking a skeptical tone on initial coin offerings (ICOs). In a speech at an investment industry function on Friday, Julia Leung, deputy...

Regulators Sue ICO Company That Falsely Claimed SEC Approval

The Securities and Exchange Commission said Thursday that it secured an emergency court order against an initial coin offering and its organizer who had...

UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use

Christopher Woolard of the United Kingdom (UK) Financial Conduct Authority (FCA) has indicated that UK regulators are planning a “comprehensive response” to the illicit...

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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable...
Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects...
SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange...
Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users...
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Coinbase Admits Putting 3,500 Traders’ Crypto Funds at Risk

A bug could have lost the users of Coinbase a lot of money, confesses the exchange itself in its...