Japan Implements Significant Changes to Cryptocurrency Regulation Today

Japan Implements Significant Changes to Cryptocurrency Regulation TodayMajor changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms have modified their terms of service affecting Japanese residents. Japan Adopts New Way to […]

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South Africa Proposes 30 Rules to Regulate Cryptocurrency

South African Regulators Propose 30 Rules to Regulate Cryptocurrency in Line With FATF StandardsSouth Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by the Financial Action Task Force (FATF). Top Regulators Publish Crypto Regulatory Policy A number […]

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10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

10 Countries Actively Regulating Cryptocurrency Despite Global CrisisDespite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations […]

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Indian Government Engages RBI to Discuss Cryptocurrency Regulation

Indian Government Engages RBI to Discuss Cryptocurrency RegulationThe government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at the supreme court to make its final decision on crypto regulation. Also […]

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Leading Crypto Firms Form A Lobbying Group To Push For Regulation

After years of waiting for the government to put in place regulations to govern the industry, crypto and blockchain industry leaders have come together to establish a lobbying group whose goal will be to push for the implementation of these policies. Based in Washington D.C, the group brings together some of the biggest names in […]

The post Leading Crypto Firms Form A Lobbying Group To Push For Regulation appeared first on NullTX.

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Japan National Police To Employ A Cryptocurrency Tracking System

Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported. The software was necessitated by increased instances of crypto use in illicit transactions in what has become one of Bitcoin’s largest markets globally. According […]

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According to BIG, White-Collar Crime Could Double by 2028

When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based intelligence firm BIG believe that […]

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Government Investigator Says “Darwinian” Selection Led to Dominant Cryptocurrencies

Government Investigator Says “Darwinian” Selection Lead to Dominant CryptocurrenciesThe Deputy Governor of the Bank of France, Jean-Pierre Landau, also named  “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. The report said cryptocurrencies are in a phase of technological and economic experiment. Their future is still uncertain, however, there are few possible scenarios. One […]

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Bermuda Amends Law to Create Banks That Will Serve Blockchain Companies

For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world. Crypto and blockchain companies have had to turn to banks in smaller countries which have been more […]

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Cryptos Must Be Regulated Like Securities: Austrian Regulator

Cryptos have risen in popularity around the globe, and Austria hasn’t been left behind. The country has seen a rise in the number of people interested in investing in cryptos, and according to one member of the country’s Financial Markets Authority (FMA), regulation of this industry is long overdue. The member, Helmut Ettl, in an […]

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