Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! […]
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According to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be […]
Yes, sure, the heavy hand of the government may move slow compared to the pace of blockchain innovation. But when it connects with its target – it really hits home – causing widespread impact and implication to the industries, companies and people that operate within them. Well the hand of the SEC has begun to move towards the cryptocurrency market. As per the SEC website – many different aspects of the industry are in the potentially heavy handed shadow. Currently under investigation? ICO’s, Account Hacking, Insider Trading, Market Manipulation, Safeguarding Consumer Information, Trading Suspensions, and Exchange Listings. Be it an
Taiwan’s Minister of Justice has indicated that the country is anticipating to have implemented a regulatory apparatus for cryptocurrencies by November 2018. The Minister made comments revealing the expected deadline during a recent anti-money laundering conference. Also Read: Venezuela Shuts Down Two Cryptocurrency Exchanges Cryptocurrency Regulations Expected to be Enacted in Taiwan Before 2019 High-ranking Taiwanese […]
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 3. Are You Part of the Revolution or Part of the War? by Wendy McElroy What do We mean by the [American] Revolution? The War? That was no part of the Revolution. It was only an Effect and Consequence of it. […]
The government of Venezuela has taken action against two cryptocurrency exchange operators in the country. Both of them allow customers to convert between a number of cryptocurrencies and bolivars and send remittances abroad. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Operation Paper Hands The Venezuelan government’s “Operation Paper Hands” began a new phase […]
A U.S. state has issued a cease and desist order to a company purportedly engaged in cryptocurrency mining. This order follows a temporary cease and desist order to the company two months ago which it did not respond to. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The U.S. State […]
A newly formed party in Ukraine has vowed to rely only on cryptocurrency contributions to sustain its activity and never to accept money from the oligarchs. Weakening state control over economy and expanding civil liberties are among its main political priorities. The party wants to protect the interests of people and companies from the IT […]
The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on […]
The Japanese financial regulator has targeted another cryptocurrency exchange for improvement after an on-site inspection revealed inadequate standards. The exchange must comply and submit a written report next month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Another Exchange Punished The Japanese Financial Services Agency (FSA) has issued another “administrative punishment order” to a […]