Two Brazilian Banks Reopen Accounts of Local Crypto Exchange to Avoid Fines
Banco do Brasil and Santander have reopened accounts of Brazilian crypto exchange Bitcoin Max following Federal court’s decision Go to Source Powered by WPeMatico
Bitcoin Regulation
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Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks
The chairman of Korea’s financial regulator has affirmed that crypto exchanges should face no issues with banking provisions, provided they apply AML and KYC measures Go to Source Powered by WPeMatico
U.S. Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins
An American man has pled guilty to operating an unlicensed money transmitting business, having sold hundreds of thousands of dollars worth of Bitcoin on LocalBitcoins.com Go to Source Powered by WPeMatico
U.K.’s Financial Regulator Mulls Ban on Sale of Crypto Derivatives
The U.K.’s Financial Conduct Authority has said it will consider whether to ban the sale of cryptocurrency-based derivatives, citing concerns over risky leverage Go to Source Powered by WPeMatico
German Finance Regulator: International Regulations ‘Desirable’ for ICOs
Come together to regulate ICOs while they’re a “niche,” says Germany’s BaFin Go to Source Powered by WPeMatico
Russian Regulator Tells Financial Action Task Force Members To Control Crypto Circulation
Russia is urging members of the FATF to keep tabs on crypto in their jurisdictions Go to Source Powered by WPeMatico
UK: New Report Warns Over ‘Bad’ Government Cryptocurrency Regulation
According to the document seen by the Telegraph, “bad regulation is worse than no regulation at all” Go to Source Powered by WPeMatico
Ukraine: Economic Development and Trade Ministry Launches State Policy to Legalize Crypto
The Economic Development and Trade Ministry of Ukraine has ushered in a “state policy” for the classification and legalization of crypto-related activities Go to Source Powered by WPeMatico
Indian Supreme Court Sets Two Week Deadline for Gov’t to Clarify Stance on Crypto
Legal battle between the Reserve Bank of India and local crypto exchanges is nearing a close as the Supreme Court asks the government to clarify its stance within two weeks Go to Source Powered by WPeMatico
Chinese Arbitrator Reaffirms That Bitcoin Can Be Held, Privately Transferred as Property
A Chinese arbitration court has ruled that Bitcoin is protected as property, as “there is no law […] that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin” Go to Source Powered by WPeMatico