Crypto Community Fears Passage of the CLOUD Act

Crypto Community Fears Passage of CLOUD ActThe Clarifying Lawful Overseas Use of Data (CLOUD) Act just passed – almost in secret – tucked deep inside a voluminous spending package of well over a trillion dollars. No debate. No up or down vote on the merits of CLOUD. Instead, lawmakers would have had to reject the entire bill, thousands of pages, and […]

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Bill “On Digital Assets” Filed in the Duma, Disagreements Resolved

Bill “On Digital Assets” Filed In the Duma, Disagreements ResolvedThe draft-law “On digital financial assets” aimed at regulating crypto-related matters in Russia has been officially filed in the State Duma on Tuesday. Disagreements between the Central Bank and the Ministry of Finance have been resolved, according to Deputy Finance Minister Alexei Moiseev. The CBR will have the final say in regards to the circulation […]

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Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’

Wealthy Darknet Vendors Have Issues 'Cashing Out'The price of BTC had increased in value significantly over the years, reaching $19,600 at its highest peak – and the exchange rate rests at $8,500 today. This is a stark contrast to just over a year ago when the digital currency’s value was under $1,000 per coin. Since the fiat value has increased so […]

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Thailand to Pass Two New Cryptocurrency Laws

Thailand to Pass Two Laws on CryptocurrenciesThai regulators have reportedly agreed to enact two separate laws on cryptocurrencies and initial coin offerings. They will regulate crypto businesses, the purchase and sale of cryptocurrencies, as well as their taxation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Laws Being Drafted The Thai Minister of Finance, Mr. Apisak Tantivorawong, said […]

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Bill Promises to Rid New York of Bitlicense Fees

Bill Promises to Rid New York of Bitlicense FeesA bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect […]

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Thailand Dodges Extreme Cryptocurrency Regulations

Thailand Dodges Extreme Cryptocurrency RegulationsThe Thai Deputy Prime Minister has mandated that the law on cryptocurrencies and initial coin offerings be finalized within a month. The regulators have met and agreed that there is no need to invoke the country’s controversial Section 44 law but to introduce a “special law” for them instead. Also read: Japan’s DMM Bitcoin Exchange Opens […]

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Mexican Cryptocurrency Regulations Approved by Congress

Mexican Cryptocurrency Regulations Approved by CongressMexico’s bill to regulate cryptocurrency exchanges has been approved by the country’s lower house of Congress and is now awaiting the signature of President Enrique Pena Nieto to become law. Crypto operators have 12 months to comply, a local crypto exchange explained to news.Bitcoin.com. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Mexico’s Crypto […]

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