The fact-finding inquiry into the practices of crypto exchanges is intended to ensure all mandatory procedures of registration are being followed with transparency.
Though the U.S. tax day is getting closer and closer, it seems that Americans are not in a hurry to report their cryptocurrency holdings.
Owing to a lot of favorable events lined-up in the crypto markets, they are poised to make a comeback in the Q2 of 2018.
All cryptocurrency exchanges in Australia now must comply with the new regulation developed to prevent money laundering and criminal attacks.
The government of the country has announced the new regulations on the cryptocurrencies and digital tokens. The conservative decision preceded by harsh actions of the central bank of the country may slow down the pace of development of the crypto sphere.
The PBoC also said that it will allow for a level playing field for the foreign players to compete with the local players in the highly saturated payments market of China.
Following such giants as Facebook, Google and Twitter, Snapchat has officially announced its ban of ICO advertising on its platform.
The new bill proposed by New York legislator seeks to foster a healthy environment for crypto businesses by relaxing the existing BitLicense process, without compromising on investor safety.
The world’s economic leaders agreed to monitor the industry and to develop regulation proposals but no serious actions will be taken in the near future.
After the launch of Bitlicense, New York power authority wants to tax bitcoin mining activities which can increase the utility bills of residents while not bringing enough economic value in return.
The Securities and Investment Subcommittee met to discuss possible ways to tackle ICO-connected issues, while some just snatched an opportunity to castigate digital currency as a phenomenon.
Lagarde said that the same blockchain technology which underpins cryptocurrencies can be used to regulate cryptocurrencies and also track whether they are being used for any illicit activities.
Following a recent hack resulted into $533 million-worth theft of the NEM token from Coincheck, a group of 16 registered Japanese cryptocurrency exchanges joins forces to establish a self-regulatory body in April.