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US Crypto Review: Top-5 States With Welcoming Regulations
20.8.2019
What are the most crypto-friendly U.S. states? That depends on your line of work; head over to our rating for more information
Korean Crypto Exchange ‘Prixbit’ Shuts Down Over Banking Woes
20.8.2019
Prixbit is one of an estimated 200 players locked out of the banking system
Fiat Lite vs. Freedom Maximalist: The Two Types of Bitcoiner
19.8.2019
As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention...
Australian Tax Office has sent out Warning letters to Investors who have invested 90% of Retirement Savings in Cryptocurrencies
18.8.2019
The ATO (Australian Tax Office) has sent cautioning letters to investors who have invested most of their retirement investment funds in cryptocurrencies. As per a local news agency, the Australian Tax Office has sent letters to caution approximately 18,000 SMSFs (Self Managed Super Funds) in...
EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
13.8.2019
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Report Suggests 15 Countries are Planning Global Monitoring System for Cryptocurrency Under FATF
10.8.2019
As per the latest report released by Nikkei Asian Review, a news outlet based in Tokyo, as many as 15 countries are planning to form a global digital currency monitoring system. This system will be developed alongside the FATF, short for Financial Action Task Force, the intergovernmental...
Rhode Island Will Regulate Crypto Under Money Transmitter Laws
8.8.2019
The latest in a patchwork of state regulations, Rhode Island pens formal legislation regarding cryptocurrencies and money transmission
Czech Republic to Impose Stricter Crypto Regulations than EU Requires
8.8.2019
Czech regulators plan to impose a fine of up to half a million euros on crypto firms should they fail to register their operations with the national Trade Licensing Office
New Jersey Calls Two ICOs ‘Fraudulent Securities,’ Issues Stop Order
7.8.2019
New Jersey's Bureau of Securities has issued emergency stops on two ICOs its claims are fraudulent securities
Experts Say Mexico’s Regulations Raise the Bar ‘Too High’ for Crypto Entrepreneurs
5.8.2019
New laws are strangling crypto startups before they can begin to trade
Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event
5.8.2019
The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...
US Regulator Plans to Outsource Running Cryptocurrency Nodes
2.8.2019
A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin...
More Control or More Freedom? SEC to Run BTC, ETH, XRP nodes; Inviting Contractors
1.8.2019
Contractors for running Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) nodes are required. This notice was announced by the United States Securities and Exchange Commission (SEC) The SEC wants to run its own nodes on Bitcoin and Ethereum. The chosen contractors will need to run the nodes on behalf...
Ripple Writes Open Letter to Government, Asks for Fair Crypto Regulations
29.7.2019
Leading crypto-blockchain network Ripple has penned an open letter to the US Government, requesting fair regulation of the crypto industry. The letter comes as a response to the growing dissent in the government regarding digital currencies, especially after social media giant, infamous for several...
Large Regulated Token Sales Indicate ICOs May Be Coming Back
28.7.2019
Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding...
New York Legislature Names Initial Members to Crypto Task Force
23.7.2019
The 6 named members of the state's Digital Currency Taskforce will assist in determining how to regulate, define, and use cryptocurrencies
Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash
22.7.2019
On June 12, the Honestnode team announced the release of a new stablecoin project built on top of the Bitcoin Cash network called Honestcoin (USDH). The new token was made using the Simple Ledger Protocol (SLP) and recently launched on the cryptocurrency trading platform Coinex. This week...
The Myth of Authority: Mnuchin Denies USD Is Used Criminally
22.7.2019
U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of...
US Treasury Secretary Mnuchin Says G7 in Agreement on Libra, Cryptocurrencies
19.7.2019
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin