News
TRON has signaled its intention to collaborate with Japan’s regulators as it attempts to expand into the world’s third-largest economy. The TRON Foundation has suggested that gambling DApps—one of the platform’s largest use-cases—which violate... 2 min read →
Two pro-cryptocurrency bills were introduced to the US House requesting the CFTC, in consultation with the SEC, produce reports to inform lawmakers about crypto. The bills aim to gather information on how to encourage... 3 min read →
LocalBitcoins, one of the oldest peer-to-peer Bitcoin exchange platforms, will be taking steps to change its anti-money laundering (AML) and know your customer (KYC) policies. The move follows the introduction of new regulation from... 2 min read →
The US Securities and Exchange Commission (“SEC”) has recently stepped up its enforcement actions against virtual currency exchanges and Initial Coin Offerings (“ICOs”) that violate federal securities laws. Due to the highly technical nature... 4 min read →
A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market.... 2 min read →
Mark Karpeles, the founder of the now-defunct bitcoin exchange Mt.Gox, was found guilty of tampering with records and given a suspended prison sentence of two years and six months. The High Court ruling comes five... 2 min read →
The SEC chairman Jay Clayton provided additional clarity on the securities treatments for cryptocurrency—more specifically by addressing his stance towards William Hinman’s statements about Bitcoin and Ethereum potentially being non-securities. Congressman Asks for Clarity... 4 min read →
Colorado is becoming a “hub” for startups looking to use blockchain technology to power their business models. The recently signed-into-law Digital Token Act will exempt utility tokens from certain state securities regulations and make... 3 min read →
Stablecoins are the latest innovation to emerge over the past year and have the potential to revolutionize not only virtual currency markets but to also become a new mechanism for worldwide commerce. Will stablecoins... 5 min read →
The Central Bank of Bahrain has issued one of the most comprehensive set of cryptocurrency regulations in the Middle East, including rules on licensing, governance, and risk management for the new asset class. Bahrain... 2 min read →
The US Federal Bureau of Investigations (FBI) is looking for victims who invested in the cryptocurrency BitConnect (BCC) to aid with the ongoing investigation of the alleged Ponzi scheme, the agency announced Feb. 21st.... 2 min read →
The SEC filed a complaint against Blockvest and its founder for allegedly making unregistered securities offerings and using the SEC seal without permission. On Feb. 14th, the US District Court of California entered in a... 2 min read →
Luxembourg lawmakers passed a new blockchain bill into law, giving transactions completed via distributed ledger the same legal status as those done via traditional means. Luxembourg is one of the more forward-thinking in terms... 1 read →
The Philippines has become the latest nation to issue a cryptocurrency regulatory framework through the Cagayan Economic Zone Authority (CEZA), with the Asia Blockchain and Crypto Association (ABACA) becoming the self-regulatory organization to enforce... 2 min read →
The United Arab Emirates and its neighbor Saudi Arabia launched a government-backed cryptocurrency to facilitate cross-border payments. The launch was part of a seven-point co-operation plan that was unveiled on Jan. 20th. Apart from cryptocurrency... 2 min read →
In its January report, the Organisation for Economic Co-Operation and Development (OECD) explained some of the intricacies of ICOs in modern finance. Although ICOs still offer advantages for startups, it comes at a steep... 5 min read →
The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal... 2 min read →
Cryptocurrency, despite the massive drop in value from a year prior, was still a hot topic of discussion at the World Economic Forum in Davos, Switzerland. Experts on cryptocurrency and blockchain debated the technology... 3 min read →
Delinquent federal and state tax filings or unreported 2017 or prior tax years’ transactions may force taxpayers dealing in crypto to liquidate significant positions in cryptocurrencies at lower values to pay outstanding tax liabilities... 5 min read →
The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on Jan. 23rd as part of its next step on working with crypto assets. It sets out details on where different types of... 2 min read →
