cryptocurrency regulation

U.S. Congress Hearing With the SEC: The Journey So Far
September 25th, 2019

The earlier proposed hearing by the Committee on Financial Services began with the SEC and tackled several issues regarding cryptocurrency, the SEC’s function, Facebook’s Libra, as well as blockchain technology.

FINMA Approves Two Banking Licenses for Blockchain Firms, Releases New Blockchain Guidance
August 27th, 2019

This is an effort from FINMA to bring blockchain-based companies and virtual assets service providers (VASPs) under the regulatory framework to foster a healthy working atmosphere.

From Belarus to Bahrain and Singapore: Small Nations Enthusiastic About Crypto
July 30th, 2019

A number of new players in the industry are creating an alternative option by drafting specific rules and regulations for cryptocurrency. Malta, Bahrain, and Gibraltar have been among the first to do such, now Belarus and Singapore join the club.

IRS is Sending Out 10,000 Letters in Crackdown on Unreported Crypto Earnings
July 29th, 2019

As part of its efforts to ensure compliance, the IRS has commenced sending out letters to erring crypto users. More than 10,000 people will receive one of three letters, advising them to report earnings and pay required taxes.

Facebook’s Libra is ‘Just Too Dangerous’, Says ECB Policymaker
July 8th, 2019

Just recently the European Central Bank (ECB) has yet again commented on the Facebook Libra project and now they are saying that “it’s too dangerous” and regulators need to improve the way they work.

Max’s Corner: The Technological Singularity and the Dawn of a New Age
July 4th, 2019

This edition of Max’s Corner examines the much-discussed technological singularity and the role blockchain technology will play in bringing it about.

G20 Officially Has Regulated Crypto, FATF Guidelines Will Be Applied
July 2nd, 2019

Just recently the outcome of the G20 summit in Osaka, Japan, has set in – cryptocurrencies are officially regulated by the G20. The G20 officials have agreed on applying the FATF guidelines to, mostly, cryptocurrency exchanges.

G20 Must Come to a Multilateral Decision on Cryptocurrency Regulation: deVere Group CEO
July 1st, 2019

Many financial experts believe that the G20 summit, which recently ended in Osaka, Japan, should bring a multilateral decision on cryptocurrency regulation. The cryptocurrency market is proving that it is here to stay by growing almost +150% only this year.

G20 Welcoming Efforts of Global Regulatory Bodies on Crypto Regulation
June 10th, 2019

Following June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks.

Max’s Corner: How the Crypto West Is Being Won
June 5th, 2019

This edition of Max’s Corner takes a look at the evolving regulatory parameters of the cryptocurrency industry.