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Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
17.8.2019
If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...
Binance’s US Arm to Go Live ‘Within Two Months’
16.8.2019
The dedicated U.S. arm of cryptocurrency exchange Binance should go live by November, according to CEO Changpeng "CZ" Zhao
Ron Paul Slams Fednow Payment System and Encourages Crypto Competition
15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
US Financial Regulators Reach $7M Settlement Over PlexCorps ICO
15.8.2019
The U.S. SEC has reached a $7 million settlement agreement with the issuers behind an allegedly fraudulent ICO
Nevada Cryptocurrency Kiosks Now Require Money Transmission Licenses
14.8.2019
Nevada abruptly changed its regulatory stance on cryptocurrency kiosks, alarming many providers
Maryland State Government Participating in Operation Cryptosweep
14.8.2019
Maryland Attorney General Brian Frosh has announced that his Securities Division is participating in Operation Cryptosweep
New England Firm Settles with SEC Over Allegedly Unregistered $6.3M ICO
14.8.2019
SimplyVital Health Inc. has settled charges with the U.S. SEC for conducting an unregistered ICO that raised $6.3 million
Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT
14.8.2019
A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering
Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
14.8.2019
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a...
US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter
14.8.2019
Did you get letter 6173 from the IRS? You only have a few days to reply
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion
14.8.2019
The U.K. Advertising Standards Authority has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX
UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad
14.8.2019
The U.K.’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX
Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?
14.8.2019
There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic...
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...
UK Crypto Regulation Is Changing, Recognition Looming at Long Last
13.8.2019
U.K. regulators are finally giving crypto the recognition it deserves
ICO Issuer PlexCorps Reaches Settlement With US Securities Regulator
13.8.2019
Lacroix and Paradis-Royer each agreed to pay $1 million apiece as a civil penalty. PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest
New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto
12.8.2019
New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly