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Cuba's First P2P Bitcoin Exchange Launches Amid Regulatory Uncertainty
23.4.2020
Cuba gets its first peer-to-peer Bitcoin exchange despite regulatory uncertainty
Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High
21.4.2020
The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event is at an all-time high, as last week worldwide queries for the phrase “bitcoin halving” using Google peaked with a top score of 100. On Tuesday...
Japan STO Association Releases New Regulatory Guidelines
21.4.2020
At the center of the new guidelines issued by Japan’s STO Association is electronic record transfer rights and separating customer assets
Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows
20.4.2020
The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last...
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
South Africa Proposes Strict Crypto Regulatory Framework
17.4.2020
South Africa’s financial regulators recommended that cryptocurrency be used for domestic payment purposes, but that it not be treated as legal tender or allowed as a settlement tool
International Regulatory Milestones for Crypto Exchanges in 2020
15.4.2020
2020 has already become the year of new regulations worldwide: What’s new for cryptocurrency exchanges?
G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
15.4.2020
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...
10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
6.4.2020
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South...
As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’
3.4.2020
As Malta’s financial regulator continues to pluck out local crypto actors, are there any major players left on the “blockchain island”?
Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners
3.4.2020
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will...
Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
28.3.2020
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes
24.3.2020
Russia’s Ministry of Economic Development is preparing a draft law to allow firms from various industries to experiment with crypto and blockchain in a regulatory sandbox
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
Need Self-regulatory Code of Practice, but Exchanges Busy in USDT Manipulation: Crypto Kanoon
17.3.2020
One of the biggest crypto influencers in India, the pseudonymous Crypto Kanoon tweeted on Tuesday that after the industry won the battle against the RBI on March 04, there was a need for self-regulatory code of practice. However, he said, the exchanges were busy in customer acquisition strategies...
US Takes Regulatory Steps for Blockchain Technology Adoption
17.3.2020
To remain its leading position in the financial sector, the U.S. is moving towards blockchain adoption
Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox
16.3.2020
Zimbabwe is now warming up to crypto as the infamous Zimbabwe dollar exists once again
Rhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place Explains
14.3.2020
Rhode Island’s recently introduced Blockchain Act also includes significant cryptocurrency implications