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Singapore Act to License Cryptocurrency Firms Comes Into Effect
28.1.2020
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator
Hawaiian Bill Would Let Banks Act as Crypto Custodians
23.1.2020
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
18.1.2020
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide...
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...
Bitcoin History Part 23: The First BTC Escrow
9.1.2020
Before the emergence of crypto exchanges and trustless multi-sig, early bitcoiners saw the need for an escrow service – a mediator to act as a go-between for strangers transacting online. Given the panoply of options now available, it is strange to think that escrow was once provided by a...
The Uighur Act of 2019 Receives Bipartisan Support in the US House of Representatives
4.12.2019
The conflict between the United States and China seems to have proliferated to many dimensions. Along with trade clashes, the two nations have recently been engaged in a political battle, as well. After a week the U.S. President Trump signed legislation in support of anti-government protestors...
German Banks Authorized to Store and Sell Cryptocurrency in 2020
29.11.2019
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...
BitOrb Exchange Raises $6.4 Million
14.11.2019
The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group.Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user...
7 Signs Crypto Is Breaking Through to the Mainstream [with infographic]
7.11.2019
Cryptocurrency was born as an act of rebellion against banks, fees and rules. It became popular among speculators and idealists who dreamed of decentralized digital utopias. And now that it has proved itself capable of surviving thus far, it’s attracting […]
The post 7 Signs Crypto...
Binary Options Scams Spread Into Crypto, Time for US Lawmakers to Act
6.11.2019
Ex-CFTC attorney says internet-based binary options platforms are luring in crypto investors “where there are legitimate products, non-legitimate products follow”
ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’
1.11.2019
Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and...
Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...
Liechtenstein’s Parliament Unanimously Approves New Blockchain Act
5.10.2019
Liechtenstein’s Parliament unanimously approves the Blockchain Act
VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet
19.9.2019
The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for “truth.” If VERDAD passes, it will be the first time...
BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
12.9.2019
Bitwise has chosen BNY Mellon to be the transfer agent for its Bitcoin ETF, while Foreside Fund Services will be the marketing agent and Cohen & Company will act as auditor
Ripple Hires Legal Expert Behind Token Taxonomy Act
4.9.2019
Blockchain payments tech provider Ripple has hired a former political adviser to assist its advocacy efforts with lawmakers in Washington, D.C
FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act
3.9.2019
The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...
US Congress Urged to Regulate Crypto Sector Under Bank Secrecy Act
2.9.2019
The Financial Integrity Network is urging the U.S. Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act
Chainalysis’ Jesse Spiro on Crypto Wallet Blocking and Its Potential Impact
30.8.2019
Learn what would happen while trading with Kingpin Act-designated accounts, what would be the market impact of additional account blacklistings and what moves the OFAC is planning to undertake next – in an interview with Chainalysis