The Bitcoin community is rejoicing the appointment of Mick Mulvaney, the new U.S. Chief of Staff, known for his pro-Bitcoin stand in the past.
Good news for blockchain token projects concerning their ability to bypass U.S. securities registration requirements. While before they had to stand in the queue to fill out all the documents, now they can obtain so-called no-action letters from the SEC.
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Now elderly people in Venezuela will get their monthly pensions in the Petro, despite the fact that it still can’t be used.
The deputies suggest that the government should follow the example of the private sector. Moreover, a central bank, such as the Bank of France or the European Central Bank, should consider issuing digital currencies.
In order to improve the commission’s understanding of Ethereum and its underlying technology, the CFTC has announced its intention to publish a respective Request for Information (RFI) with the Federal Register.
Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.
A member of the British Parliament has voiced an idea to allow UK residents to pay their local taxes and utility bills using Bitcoin.
China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.
On December 10, South Korea’s National Assembly along with several members of the Congress will have the first official debate in this country about crypto involving high profile government officials.