South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency
The central bank of South Africa will classify digital currencies “cyber-tokens,” claiming they don’t fit the definition of money Go to Source Powered by WPeMatico
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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales
Singapore’s central bank sends eight unnamed crypto exchanges warnings about trading unregulated securities Go to Source Powered by WPeMatico
Tim Draper: Blockchain Could Free Individuals From Inefficient Governments
Venture capitalist and investor Tim Draper said that blockchain could create the perfect government bureaucracy Go to Source Powered by WPeMatico
Nobel Prize Economist Says That Crypto the Latest in a Pattern of Alternative Currencies
Nobel Prize-winning economist Robert Shiller says that crypto is an old idea in a new package, cites Cincinnati Time Store and Karl Marx as predecessors Go to Source Powered by WPeMatico
South Carolina Issues Cease-And-Desist Order to Blockchain Startup for Statutes Violation
A South Carolina securities regulator has issued a cease-and-desist order to a blockchain startup for violation of the state’s securities statutes Go to Source Powered by WPeMatico
US: Crypto Could Pose a Problem for Candidates Seeking Security Clearances
The US Department of Defense is uncertain whether to consider crypto assets a risk when processing candidates for security clearances Go to Source Powered by WPeMatico
Bitcoin Owning Contractors With U.S. Security Clearance May be Flagged ‘Risky’
According to multiple reports, the Pentagon and the Defense Department are debating on whether or not cryptocurrency ownership is a problem for those who have U.S. security clearances and those applying for these privileges. The U.S. agencies may define digital currency owners as a ‘security risk’ in order to protect foreign and domestic classified information. … Read more
Bitfinex Aims to Eliminate Tax Evasion by Cooperating with the British Virgin Islands
In the world of cryptocurrency, controversy is not all that difficult to come by. This is especially true when it comes to exchanges and trading platforms which share client information with the government. After the recent Coinbase-IRS debacle, it now seems Bitfinex is handing over a lot of customer information to the authorities as well. Bitfinex Stirs the pot While … Read more
Russian State Duma Almost Unanimously Approves First Reading of Crypto Industry Bill
Russian Duma approves first reading of bill that regulates all aspects of the blockchain industry, including defining crypto as property Go to Source Powered by WPeMatico
Taiwan: Legislators Launch Parliamentary Blockchain Alliance to Promote Industry Growth
Taiwanese legislators launch parliamentary blockchain alliance to develop the emerging sector Go to Source Powered by WPeMatico