Ukrainian Law May Separate Mining from Cryptocurrencies

Ukrainian Law May Separate Mining from CryptocurrenciesUkrainian legislators should separate the regulation of crypto mining from the legal status of cryptocurrencies. The new approach was proposed by the chairman of an important parliamentary committee who criticized law enforcement agencies for cracking down on crypto miners. Police confiscated mining equipment in a series of raids this week. Authorities claim that coins have […]

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South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks

South Korea Releases Official Guidelines for Cryptocurrency Exchanges and BanksThe South Korean government has officially released two sets of previously promised guidelines that specify cryptocurrency regulatory measures. In addition to details of the new real-name system to end anonymous trading of cryptocurrencies, the government also published its anti-money laundering guidelines for banks providing services to cryptocurrency exchanges. Also read: Cryptocurrency Activities Will Be Legal and […]

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Russian Bill Requires Deputies to Declare Their Cryptocurrency Investments

Russian Bill Requires Officials to Declare Their Cryptocurrency InvestmentsThe bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement by the Russian Ministry of Labor. Also read: Cryptocurrency Activities Will Be […]

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Bill Introduced to Make South Korean Officials Declare Their Crypto Investments

Bill Introduced to Make South Korean Officials Declare Their Cryptocurrency InvestmentsA bill has been introduced in South Korea to require public officials to declare their investments in cryptocurrencies including bitcoin. This initiative follows the recent controversies within the government regarding cryptocurrency regulations, including insider trading and market manipulation. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Bills for […]

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South Korean Regulator: In Reality Impossible to Close Cryptocurrency Exchanges

South Korean Regulator: It Is Impossible in Reality to Close Cryptocurrency ExchangesThe South Korean Fair Trade Commission (KFTC) does not have the authority to close cryptocurrency exchanges. “It is impossible in reality,” said the KFTC chairman. The agency is currently investigating 13 major exchanges operating in the country for alleged violations of the e-commerce law. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto […]

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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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PR: Gambling Affiliate Site Bonus.ca Joins the Bitcoin Community

Gambling Affiliate Site Bonus.ca Joins the Bitcoin Community1st of January 2018 – Leading Canadian gambling affiliate site Bonus.ca has joined the bitcoin community. The company has previously monitored and reviewed traditional gambling sites in order to find the most trustworthy service providers for Canadian players.

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South Korea Outlines New Attempts to Dampen Crypto Markets

South Korea Outlines New Attempts to Dampen Crypto MarketsThe government of South Korea held a meeting on Thursday to discuss measures to deal with the growing trend of cryptocurrency speculation. The regulators clarified the clampdown on virtual accounts as well as other measures to end anonymity. In addition, the Ministry of Justice suggested an even more extreme measure. Also read: Russian Regulators Draft Law […]

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Miners from 15 Countries to Give Input for Russian Cryptocurrency Bill

Miners from 15 Countries to Give Input for Russian Cryptocurrency BillCryptocurrency miners from 15 countries have confirmed that they will be showing Russian parliamentarians how cryptocurrencies are mined and discussing their countries’ specific approaches to mining regulation. After the meeting, the Russian government plans to draw up recommendations and proposals for crypto legislation, which will be submitted on December 28. Also read: South Korea Clarifies Position […]

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