This Country is Now Open to Global Crypto Exchanges Expanding Locally
With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country....
Bitcoin Regulation
Bitcoin regulation has been a hot potato recently. Not a day goes by when news does not emerge somewhere in the world of new regulations being brought in. Crypto is such a new industry that governments are scrambling to keep up. The massive ICO boom of 2017 and 2018 led to a lot of bad actors entering the scene which has put the entire ecosystem in the spot light for regulators. Bitcoin regulation is not a bad thing, it is necessary to protect traders and investors from bad actors though governments will often use this as an excuse to clamp down on crypto companies. The nations of Asia appear to be further ahead with bitcoin regulation with Japan and Singapore leading the way. The US has procrastinated thus far but moves are afoot to accelerate the process as institutional interest increases and new bitcoin investment products await regulatory approval. At Bitcoinist we have access to the latest news and updates on regulation efforts around the world as nations either warm to crypto or decide to prevent their people using it.
New York Crowned the World’s Crypto Litigation Capital
New York, the financial capital of the world, is also becoming the capital of blockchain litigation activity, according to a...
Russia Might Finally Adopt Crypto Law This Spring
Russia’s State Duma (lower house of the parliament) might adopt the law on digital financial assets in the spring session,...
IRS Says Charity Crypto Donations Must be Declared
Recently, the US government's revenue service, the IRS made a few changes to its set of FAQs on crypto assets....
China Might Adjust FX Regulation for Cryptos
China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government...
US Congress to Consider Cryptocurrency Act in 2020
The U.S. cryptocurrency scene might be on the way to seeing clear cut crypto regulations as Congress prepares to consider...
Germany To Issue Crypto Regulations On January 1 2020
The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some...
Basel Committee Seeking Global Crypto Standard
The Basel Committee on Banking Supervision (BCBS) published on Thursday a discussion paper on the treatment of crypto and digital...
