Recent Regulation Stories

South Korean Lawmakers Call out Country’s Delay in Regulating Token Issuances and Cryptocurrencies

Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea. After China put forth a resistive stance...

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CFTC Chairman Says Crypto is ‘Here to Stay’, Federal Court Declares Virtual Currencies are Commodities

In an interview with CNBC’s Fast Money on Monday, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo discussed cryptocurrencies, saying he thought they were here for the long haul. Could help in countries with weak currencies Giancarlo said...

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South Korea Excludes Crypto Exchanges from Venture Firm Certification, Tax Rate Increases 100 Percent

Cryptocurrency exchanges in South Korea faced the dreaded government hammer last week, as the authorities decided to exclude the burgeoning business type from the country’s “Venture Company” certification, reported Business Korea on Oct.1. The certification provides small and medium...

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Strict Cryptocurrency Regulations Leads to Lack of Innovation, Say Crypto Firms to U.S. Congress

U.S. lawmakers met venture capital firms and entrepreneurs operating in the blockchain and cryptocurrency space this week, with the latter group cautioning watchdogs of the possible “brain-drain” if digital assets continue to be abided by 72-year-old regulations. Industry Persons...

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