South Africa to Bring New Crypto Laws to Reduce Slack in Currency Control Banks already started to act in panic and ended business with multiple crypto entities.
China’s Latest Crackdown Forces Five Crypto Exchanges to Close Latest wave of shutdowns represents the biggest clean-up of the sector since an initial clampdown in September 2017.
South Korea Passes New Bill to Pave Crypto Regulation Path The new bill categorizes cryptocurrencies as digital assets and recognizes crypto exchanges as financial businesses
Blockchain Firm Lykke Voluntarily Surrenders Its CySEC Licence Lykke is a Swiss blockchain company founded by OANDA former CEO Richard Olsen.
UK High-Powered Taskforce Provides Legal Certainty on Cryptoassets The UKJT, which is drawn from industry, government, and the judiciary, has also addressed the enforceability of smart contracts.
China Closes Loopholes with New Assault on Crypto Activities Beijing’s latest crackdown comes just over a month after President Jinping sang blockchain’s praises.
Hong Kong Brings Regulatory Framework for Crypto Exchanges The laws will try to mitigate the concerns associated with such companies.
Libra’s Wake-up Call: Europe Mulls Proprietary Digital Coin European regulators have united in pursuing a tough regulatory approach should Libra seek authorizations.
21 Crypto Exchanges Apply for MFSA License in Malta Until yesterday, these crypto providers had been operating under the transitory provisions set out in the country’s VFA act.
US Regulators Fine, Seize Domain of Swiss Bitcoin Broker The SEC charged XBT for selling securities on its platform that it failed to register as a futures commission ...
Belgium Regulator Flags 131 Unregulated Crypto Websites The investor alert represents the FSMA’s latest effort to police the rampant internet-based cryptocurrency schemes.
Bill Introduced to US Gov Classifying Stablecoins as Securities Rep. Sylvia Garcia published a draft bill which seeks to provide clarity regarding the nature of stablecoins.
SEC Hits Back at Telegram $1.7B ICO Despite Exemption Claims Since the ICO excluded retail investors, Telegram claims an exemption from US registration requirements.
IRS Updates Guidance on Crypto Airdrops/Hard Fork Taxation The tax department has published over 40 Q&As on cryptocurrency tax compliance.
US Exchanges Create ‘Crypto Rating Council’ to Asses Tokens Dubbed the ‘Crypto Rating Council (CRC),’ the initiative marks an expansion of self-scrutiny of crypto offerings.
Bitfinex Wins Appeal vs NYAG’s Demand to Deliver Tether Documents Bitfinex is accused of using $700 million from Tether reserves to cover up losses of $850 million.
CoinShares Urges Clients to Raise Objection vs UK Crypto Ban Using a ready template on its website, CoinShares urged its clients to swap out their personal details and send ...
France Clarifies Nontaxable Crypto Transactions and Exchanges The latest clarification concerns crypto-to-crypto transactions which the French minister says will remain tax-exempt.
Burundi Bans Crypto Trading, Warns Strict Action Against Traders The central bank of the country also branded cryptocurrencies as illegal tender.
Dutch Central Bank Announces New Crypto Rules Starting in January of next year, firms will have to adhere to an array of AML regulations