The Indian government is currently creating a national blockchain strategy that will oversee the development of pilot programs that can be applied to various sectors including trade and finance.
The Swiss federal government is trying to improve its current financial regulatory framework that will oversee the growth of the crypto industry within its borders.
A U.S. judge has ordered the IRS to narrow down its auditing investigation on William Zietzke but proceeded to throw out the petitioner’s other claims including his right to financial privacy.
South Korea is moving ahead with a bill that will create a legal basis for cryptocurrencies, Korea JoongAng Daily reported.
The Thai Securities and Exchange Commission (SEC) is seeking to amend the royal decree on digital asset businesses in 2020, Bangkok Post reported.
Crypto exchange BISS has reportedly been shut down by Chinese authorities as the country is currently on the path of halting any crypto trading activities to shield its investors from the volatile market.
Bosses of South Korean-based crypto exchanges will be facing jail time if their platform fails to register with the FSC, while legislators also loosen some regulations on the nascent market.
In a bid to stay ahead in the blockchain race, the Dubai Future Council has launched the Dubai Blockchain Policy that will oversee the tech’s adoption in the next 50 years.
The People’s Bank of China (PBoC) is reportedly seeking to set industry standards across the financial sector to guide the application of new and cutting-edge technologies.
Libra is still in development and CFTC Heath Tarbert said it’s too early to classify the stablecoin as there’s still a lot of unanswered questions revolving around the product.
The Monetary Authority of Singapore (MAS) is seeking comments on proposed regulation of cryptocurrency derivatives on approved exchanges. The last date to submit comments is Dec. 20.
The U.S. Financial Crimes Enforcement Network (FinCEN) is clarifying that all stablecoins should follow the anti-money laundering law and no exceptions will be given regardless of what asset is backing it.
Amid report of a fresh crackdown on cryptocurrency trading activities in China, the official accounts of Binance and Tron have been banned on Weibo, the country’s largest micro-blogging website, last week, Bloomberg r…
The SEC will be revisiting the Bitcoin ETF proposal submitted by Bitwise and NYSE Arca after the regulatory body rejected it last month due to fears of market manipulation.
The UK Jurisdiction Taskforce (UKJT), one of the six taskforces of the LawTech Delivery Panel (LTDP), has officially recognized cryptoassets as tradeable property and smart contracts as enforceable agreements under En…
The Criminal Investigation Division at the U.S. Internal Revenue Service (IRS) has turned its attention to the potential tax issues stemming from cryptocurrency kiosks and Bitcoin ATMs, Bloomberg Law reported.
The German Federal Financial Supervisory Authority (BaFin) has launched a market survey on cryptocurrency derivatives last week.
Russia is currently planning to create a regulatory framework that would protect the country from the proliferating crimes that are committed in cyberspace.
Ukraine and crypto exchange Binance are trying to create a crypto regulation that will help foster the growth of the country’s economy by appealing to global investors.
The European Union will be conducting a meeting tomorrow aimed at regulating Libra and other stablecoins, essentially putting up the foundation of the regulatory framework that would govern this space in the future.
The EU has once again maintained its stance against Libra saying that the stablecoin is far too vague to be given the go-ahead to operate within its borders.
Hong Kong has recently bolstered its crypto regulation, releasing a position paper that requires crypto exchanges to acquire an SFC license if they’re offering trading services in security tokens.
China’s National Development and Reform Commission (NDRC) seems to have scrapped its plan to eliminate bitcoin mining industry from the country.
The House of Representatives is slated to vote on a bill that would widen the CFTC’s authority in the crypto space amidst the global evolution of the financial sector.
Finland has now approved five crypto services to operate in the country after the law on the sector was put in place months prior.
The Finnish EU presidency drafted a proposal for the creation of digital currency by the European Central Bank in the wake of global digital currency efforts by corporate giants.
The Einstein Exchange offices are being seized by authorities following orders from the Supreme Court of British Columbia due to clients complaining they can’t access their assets.
The U.S. Federal Reserve is looking to hire a new manager that would carry out research on the application of stablecoins, digital currencies, and distributed ledger technology.
The British Tax Authority has released a comprehensive guide for crypto taxation covering a host of activities, adding that this rule will be subject to change depending on how the market evolves.
The Financial Action Task Force (FATF) is seeking feedback from regulatory authorities, banks, virtual asset service providers (VASPs) and other regulated entities on its draft guidance on digital identity (ID) systems.
UK’s Financial Conduct Authority (FCA) has published key information for cryptoasset-related businesses ahead of the implementation of the European Union’s Fifth Money Laundering Directive (5AMLD) in early 2020, Finex…
The Securities and Exchange Commission (SEC) has filed charges against First Global Credit after the company sold unregistered swaps to U.S. investors from 2016 to 2017.
Tamil Nadu, India’s 10th largest state, will be creating a state-wide policy that would oversee the application of blockchain and AI in various sectors including the e-service delivery system.
China will be handing out official certifications on software and hardware products that are being used to develop blockchain-based digital payments amidst Xi Jinping’s endorsement of the technology.
The SCA has drafted a policy framework for cryptocurrencies, a move that may push the country as the leader in the digital space as the race in the crypto-verse continues to heat up.
For years, China has been wary of cryptocurrency and has posed restrictions regarding anything involving Bitcoin. However, the country is interested in blockchain, the technology that underpins cryptocurrencies.
LabCFTC, an initiative launched by the U.S. Commodity Futures Trading Commission (CFTC) to promote responsible fintech innovation, is being upgraded as an independent office, CoinDesk reported.
Facebook CEO Mark Zuckerberg faced members of Congress on Wednesday, October 23, on the social media giant’s plans to launch its own cryptocurrency.
Association of National Number Agencies has created a new body to label digital assets to avoid confusion in the future as the ecosystem intersects with the traditional sector.
An Ethereum futures contract will likely arrive in the next 6-12 months based on the optimism expressed by Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert.
