Apple’s App Store Revises Cryptocurrency App Rules

Just recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro … Read more

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. … Read more

Ukrainian Companies Mint 25 Coins, Raise $132 Million

Ukrainian crypto businesses have created 25 digital coins in 2017 and 2018, raising more than $132 million through token sales, according to a new report. Cryptocurrencies are gaining popularity in the country, where the daily trading volume now reaches $1.9 million USD. The growing number of crypto users served by local exchanges has prompted calls … Read more

Russian Duma Adopts Three Crypto Bills on First Reading

Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they … Read more

Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe’s Cryptocurrency Ban

On May 13 2018, the Reserve Bank Of Zimbabwe (RBZ) issued guidelines in a circular that detailed cryptocurrency activities taking place within the country are now banned. The RBZ further stated that domestic digital currency operations had sixty days to become compliant. Local reports now reveal the Zimbabwe-based cryptocurrency exchange Golix plans to take the … Read more

Cryptocurrencies to be Called “Digital Money” in Russia, Tokens – “Digital Rights”

Russia’s Prime Minister Dmitry Medvedev has shed some light on the progress authorities are making towards adopting the long-awaited crypto regulations. Legislators will replace common words like “cryptocurrencies” and “tokens” with legal terms such as “digital money” and “digital rights”, he revealed. Two draft laws have been filed in the Duma. One of the bills … Read more

Chinese State Media Accuses ICOs and Exchanges of Defying Crackdown

Chinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets State Media Criticizes Cryptocurrency Exchanges’ Defiance of Crackdown Voice … Read more

Majority of US States Has Taken a Stance on Bitcoin and Blockchain

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Also read: Several States Spearhead Bitcoin Adoption … Read more

Significant Trade Volume Triggers Localbitcoins KYC Requirement

According to a recent thread on Reddit, Localbitcoins traders allegedly have to verify their identity if they are trading “significant” volume using the peer-to-peer platform. Also Read: Meet Memo: An On-Chain Social Network Built on Bitcoin Cash Localbitcoins ‘Error’ Involves Know-Your-Customer Verification Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. … Read more

Crypto Conference for Women to Be Held in Moscow

A conference dedicated to raising awareness among women about cryptocurrencies is scheduled to take place in the Russian capital this month. The speakers at the event, also women, will share practical information on cryptos, blockchain technologies, and investment opportunities. The event will be live-streamed in 74 countries. Also read: Cryptocurrency Is the Main Income for … Read more