Privacy laws might prove to be a blessing in disguise for crypto
With government agencies getting more savvy at tracing blockchain transactions, laws like the EU’s GDPR may play a role. Go to Source Powered by WPeMatico
Regulation
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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s … Read more
Law Decoded: Governments vs. blockchain privacy, Sept. 4-11
Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain. Go to Source Powered by WPeMatico
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
Banque de France Governor François Villeroy de Galhau wanted about the threat of “Big Tech” stablecoins. Go to Source Powered by WPeMatico
Federal payments licensing push could boost crypto adoption
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators. Go to Source Powered by WPeMatico
New Swiss laws provide solid ground for blockchain and crypto
Crypto and blockchain get better legal clarity in the alpine country. Go to Source Powered by WPeMatico
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
The cases of the robber’s two accomplices are still pending. Go to Source Powered by WPeMatico
South Korean police reportedly raid Bithumb for second time
Bithumb has remained quiet despite the second police raid in the course of a week. Go to Source Powered by WPeMatico
‘Bitcoin Pope’ faces up to 10 years in jail for running two crypto scams
The alleged crypto scam websites are still intact. Go to Source Powered by WPeMatico
‘Bitcoin Should Be Traded Like Stock,’ Says Begin India Think Tank Founder
The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the cryptocurrency should get in India. He also believes that Bitcoin may be the most secure technology in our lifetimes. How Bitcoin Should Be Regulated in India Begin India Think Tank founder Deepak … Read more