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RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020
21.1.2020
The FCA has officially taken over as the ALM/CTF supervisor for the U.K., but what ramifications will this have on the wider crypto industry?
Digital Chamber of Commerce Weighs In on Telegram Legal Battle With SEC
21.1.2020
The Chamber of Digital Commerce filed an amicus brief in the Telegram vs SEC case, asking the Court to affirm that a digital asset should not be considered a security just because it is based on blockchain
Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’
21.1.2020
Switzerland's now-departed president said the project had "failed" in its current form
WEF’s Blockchain ‘Bill of Rights’: Is Crypto Regulation Imperative?
21.1.2020
The Blockchain and Distributed Ledger Technology team at the World Economic Forum (WEF) announced that it is creating a ‘Blockchain Bill of Rights: Design Principles for a Decentralized Future,’ to be presented at the international organization’s Annual Meeting in Switzerland from January 21–24....
India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
21.1.2020
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos
Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet
21.1.2020
The Australian Prudential Regulation Authority proposed a fintech regulatory framework that would have it oversee Libra’s corresponding Calibra wallet
South Korea Considers 20% Crypto Tax
20.1.2020
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal
CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets Underway
20.1.2020
Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to guide you through all things blockchain and crypto at the yearly confab of global leaders and their hangers-on
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
20.1.2020
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit...
Raiz to Offer Bitcoin Fund to Australian Retail Investors in 2020
20.1.2020
Users of Australian micro-investment startup Raiz will reportedly have access to a Bitcoin-exposed fund
Australian Regulator Gives Green Light to App-Based Retail Bitcoin Fund
20.1.2020
The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia
Thai SEC Grants License to Asia-Pacific Crypto Exchange
20.1.2020
Asia-Pacific crypto-fiat trading platform Zipmex has sealed a digital assets exchange license from the Thai Securities and Exchange Commission
South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies
20.1.2020
South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions
Why the World Economic Forum Is Creating a Blockchain ‘Bill of Rights’
20.1.2020
Sheila Warren, the head of blockchain for the WEF, argues the technology needs a set of principles for staving off potential misuse
New Bill in Oklahoma Proposes Depository for Cryptocurrencies Used by Government
19.1.2020
A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical...
Malaysia Announces Digital Asset Guidelines
19.1.2020
The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. The guidelines also detail the obligations...
Crypto Experts Join OECD ‘High Level’ Advisory Board
19.1.2020
The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy...
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk
19.1.2020
Indian judges presiding over the RBI v. Crypto case have repeatedly showcased their willingness to learn about digital currencies and blockchain-based tech
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...