Monday, September 28, 2020

Cryptocurrency Hedge Fund Hit With Class Action Lawsuit

Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund, has been hit with a class action lawsuit alleging a fraudulent issuance...

ICOs: Fix the Problem Before the SEC Fixes It for You

There has, apparently, been significant shock and surprise over recent reports that the Securities and Exchange Commission (SEC) has issued a large number of...
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...

Russian Cryptocurrency Bill Is Ready – Regulators Share Details

The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia is ready. It was jointly developed by the country’s central...

Arizona’s Corporate Blockchain Bill Becomes Law

Arizona just advanced its ranking among blockchain-friendly states, bringing corporations one step closer to submitting all of their data on distributed ledger technology. Governor Doug...

Philippines’ Economic Zone Creating Crypto Regulations, Licensing 25 Exchanges

The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to...

Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli tax regulator has opened...

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...
How the EU and 5 European Nations Regulate Cryptocurrency

How the EU and 5 European Nations Regulate Cryptocurrency

Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and...

Danish central bank head issues stark warning on ‘deadly’ bitcoin

COPENHAGEN (Reuters) - Potential investors in bitcoin should steer clear of a dangerous gamble and not complain to financial regulators if things do go...

Japan’s Finance Minister Balks at Changing Crypto Tax Rules

Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. During a meeting with the budget...

Swiss Financial Authority Releases ICO-Specific Regulatory Guidelines

The Swiss Financial Market Supervisory Authority (FINMA) published a set of guidelinesyesterday, Feb. 16, for applying existing financial market legislation to the regulation of Initial Coin...

Azerbaijan Monitoring Cryptocurrency Before Regulating, Rejects Crypto as Means of Payment

The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated...

Onecoin Offices Raided in Sofia, Servers Shut Down

Bulgarian law enforcement agencies have raided the offices of Onecoin in Sofia as part of a multinational effort to neutralize what authorities call a...

Another FUD String to JP Morgan Bow: Governments Will Ban Bitcoin, Mike Bell

In what looks like another well-timed attack out of JP Morgan, another one of their top men have made broad and sweeping statements against...

RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week

All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme...

New Rules: US Regulators Extend Their Purview Within Crypto Industry

This week, on the same day, two United States regulating bodies — the Financial Industry Regulatory Authority (FINRA) and its ruling organization the Securities...
5 Major Indian Laws That Apply to Cryptocurrency

5 Major Indian Laws That Apply to Cryptocurrency

India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to...

Korean Regulation Fails to Shake Bitcoin Market But Could Wipe Out Some Exchanges

After South Korea’s regulators announced their emergency measures for cryptocurrencies, the bitcoin market breathes a sigh of relief. While a blanket ban was not...

Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by...

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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...