Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also Read: Malaysia […]

The post Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

Texas Updates Regulatory Guidance Regarding Activities Involving CryptocurrencyThe Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.” […]

The post Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Iranian Officials Issue Contradictory Statements Regarding Telegram Ban

Iranian Official Issue Contradictory Statements Regarding Telegram BanTelegram’s initial coin offering has been the catalyst of confusion among Iran’s leadership, with conflicting statements regarding a potential ban on Telegram being made by officials. A few days ago, Iranian parliamentarian, Alaeddin Boroujerdi told media that Iran’s “highest level” officials wish to ban Telegram by April 20 due to the app’s monopoly position within […]

The post Iranian Officials Issue Contradictory Statements Regarding Telegram Ban appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Malta Extends Scope of Proposed Virtual Currency Regulations

Malta Extends Scope of Proposed Virtual Currency RegulationsThe Malta Financial Services Authority (MFSA) has published a ”feedback statement” regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating in the European archipelago nation. The statement has been issued following a consultation period from the 23rd of October 2017 to the 17th of November – in which the […]

The post Malta Extends Scope of Proposed Virtual Currency Regulations appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies

Singapore to Extend Regulatory Mandate Regarding CryptocurrenciesThe Deputy Prime Minister of Singapore has sought to clarify the nation’s stance on cryptocurrencies with regards to its money laundering laws. Speaking earlier this week, Mr. Tharman Shanmugaratnam emphasized that Singapore’s financial regulator will not distinguish between cryptocurrencies and fiat currencies. Also Read: Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies Singapore’s Deputy Prime Minister Updates […]

The post Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining

Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin MiningIn recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that […]

The post Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico