Tag: Regulation

The US Should Take a ‘Leadership’ Role on Blockchain, IBM Report Argues

Developers and corporations researching blockchain expertise want to the U.S. authorities to assist spur adoption, a brand new report by IBM claims. Written by Thomas Hardjono, director of the MIT Trust: Data Consortium, the report summarizes the outcomes of a sequence of roundtable conferences held by the Congressional Blockchain Congress – a bunch of lawmakers […]

Read More

Regulators Are Landing Punches, But There’s a Long Crypto Fight Ahead

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain analysis at MIT’s Digital Currency Initiative. The following article initially appeared in CoinDesk Weekly, a custom-curated e-newsletter delivered each Sunday solely to our subscribers. There are shifts at ShapeShift and never everybody’s pleased with them. When the token trade […]

Read More

Crypto Exchange ShapeShift’s CEO Says Move to Collect IDs Was ‘Proactive’

Cryptocurrency alternate ShapeShift’s controversial resolution to require consumer identities wasn’t pressured upon it however signified a “proactive” step to scale back authorized dangers, in accordance with CEO and founder Erik Voorhees. In feedback to CoinDesk revamped the weekend, Voorhees supplied some hitherto unshared rationale behind a transfer that prompted criticism from some within the cryptocurrency […]

Read More

RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

Regulation The Reserve Bank of India has filed an affidavit with the nation’s supreme courtroom in response to one of many petitions in opposition to its crypto banking ban. The central financial institution reportedly argues that it has acted inside its energy and that not one of the petitioners have proven cheap grounds for the […]

Read More

Crypto Week In Review: $60m Hack, Institutional Investor Launches Fund, Binance to Singapore

Throughout the previous seven days, this up and coming trade noticed its fair proportion of instances of improvement and maturation, as establishments have continued to pile onto this market.15 Global Institutions Launch kLmgo SA Blockchain PlatformPer a earlier NewsBTC report, 15 of the world’s foremost establishments have joined arms to create komgo SA, an Ethereum-focused blockchain […]

Read More

The Daily: New Crypto Bills on Capitol Hill, Russian Banks Face Demand for Cryptocurrencies

The Daily From Washington to Moscow, cryptocurrencies have entered the agenda of those that share a vocation to rule and regulate. Following the congressional summer season trip, the House of Representatives handed a invoice that may allow the Treasury to analyze crypto transactions, whereas a Congressman plans to introduce three drafts supporting the crypto business. […]

Read More

SEC Orders Proceedings to Rule on ETF, Seeks Further Feedback

Regulation The United States Securities and Exchange Commission (SEC) has revealed an “order instituting proceedings to determine whether to approve or disapprove” the proposed Vaneck Solidx bitcoin exchange-traded fund (ETF). The SEC is asking for additional public suggestions on points pertaining to issues relating to the bitcoin market’s perceived vulnerability to manipulation. Also Read: Turkey Finance […]

Read More

Taiwanese Candidate Accepts Crypto Donations, California Bans Them

Regulation Using cryptocurrency for political donations has been a sizzling matter in lots of societies. Two current developments exhibit completely different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations may help preserve his nation’s political system clear and clear. At the identical time, the California marketing […]

Read More

US Congressman Drafts Bills to Aid Blockchain Development

U.S. Representative Tom Emmer desires to help the event and use of blockchain expertise and cryptocurrencies. To that finish, the lawmaker introduced a trio of blockchain-focused payments Friday, saying he intends to introduce them into Congress within the coming weeks. The payments sort out a variety of points across the blockchain area, together with growth, […]

Read More

California Bans Bitcoin Donations in Political Campaigns

Candidates operating for public workplaces within the U.S. state of California could not obtain donations in cryptocurrencies, in keeping with a brand new ruling from the state’s political watchdog. The Associated Press reported Thursday that the Fair Political Practices Commission (FPPC) for the Golden State voted Three-1 on Thursday to ban political donations in cryptocurrencies, citing […]

Read More