Chinese Stock Exchanges Crack Down on Companies Falsely Claiming “Blockchain”

Chinese Stock Exchange Cracks Down on Companies Falsely Claiming Blockchain AffiliationIt appears that China’s stock exchanges are seeking to prevent companies from issuing misleading information in order to drive hype around blockchain technology – potentially influencing their share price. Also Read: China’s First Central Bank Governor in 15 Years Likes Bitcoin Blockchain Mania Sweeps China’s Stock Exchanges China’s Shenzhen Exchange has announced its intention to crack […]

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Israeli Crypto Companies Banned From Stock Exchange Indices

Israeli Crypto Companies Banned From Stock Exchange IndicesIn a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks […]

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Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 CountriesThe Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]

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Malta to Give “Peace of Mind” to Crypto Companies

Malta to Give “Peace of Mind” to Crypto CompaniesThe government of Malta has come up with an idea that businesses dealing with cryptocurrencies may find interesting. A new policy document seeks to set up a special agency which will “certify” blockchain platforms and “verify” crypto transactions. It is supposed to “bring peace of mind” to companies using these technologies to cut out central […]

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Seven UK Companies Form Cryptocurrency Trade Body

Seven Companies Form UK Cryptocurrency Trade BodySeven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading […]

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Russia Drafts Bill to Create Offshore Companies to Trade Cryptocurrencies

Russia Drafts Bill to Create Offshore Companies to Trade CryptocurrenciesThe Russian Ministry of Finance is drafting a bill to allow the creation of offshore companies to trade cryptocurrencies. This follows the bill which the ministry recently published on the legal framework for cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Crypto Trading Offshore “The Ministry of Finance proposed to create […]

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US Regulator Sues Three Companies For Cryptocurrency Fraud

US Regulator Sues Three Companies For Cryptocurrency FraudThe U.S. Commodity Futures Trading Commission has filed charges against three separate companies for engaging in fraudulent schemes involving cryptocurrencies. The cases include fraud and misappropriation of bitcoin and litecoin. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations CFTC Sues Crypto Operators The U.S. Commodity Futures Trading Commission (CFTC) filed civil […]

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Gibraltar Launches Regulation to Protect Value and Reputation

Gibraltar Launches Blockchain Regulation to Protect Value and ReputationA mechanism tailored to protect customers of cryptocurrency businesses in Gibraltar, and its own reputation, went into effect on January 1. The regulation targets blockchain technology – companies storing and transmitting value must now be licensed by the Financial Services Commission (GFSC).  Also read: Malta Bitcoin Schizophrenia: Government and Banks Send Mixed Signals Gibraltar – […]

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Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin Boom

Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin BoomDespite the government ramping up regulatory measures for bitcoin traders and exchanges, Indian entrepreneurs are rushing to set up companies with bitcoin or cryptocurrency-related words in their names. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Capitalizing on Crypto Indian entrepreneurs have been rushing to register businesses with the […]

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