Iran has resorted to a new crypto currency regulation that required licensing bitcoin miners to sell their coins directly to the Central Bank for use to fund imports. Reports published by bitcoins.com said the Iranian government has amended its crypto currency regulation to enable the country’s central bank to fund Read more…
New York’s financial regulator proposed a plan that would aid crypto companies in receiving correct licenses. Currently, crypto companies that operate in New York must be in possession of a BitLicense, to receive, store, issue or send cryptocurrencies. NYDFS proposes a conditional license that would allow crypto companies to work Read more…
Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave off an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion stimulus package in late March, and the House of Representatives has now accepted a proposal from House Democrats for Read more…
It is the start of a new month all over the world, but in Japan, it may the start of a new era for the crypto industry, as a set of new legal amendments comes into force, changing the way that businesses dealing with cryptoassets need to operate in the Read more…
In brief CZ thinks the US needs to redraft its crypto regulations. He also said that Binance just surpassed 11 billion trades per day. Regarding the delisting of BSV, it was a “tricky decision,” CZ said. The CEO of Binance, one of the world’s largest cryptocurrency exchanges by trading volume, Read more…
South Africa’s financial regulators recommended cryptocurrency “remain without legal tender status” in a Tuesday roadmap outlining what could become the nation’s first comprehensive crypto laws. According to the policy paper by South Africa’s “Intergovernmental Fintech Working Group” (IFWG), the burgeoning crypto asset sector – one survey suggests 10.7 percent of South African internet Read more…
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. The world is going through a crisis with an escalating number Read more…
The ministry of finance has declared that cryptocurrencies are not illegal, but nor are they money which highly effects Poland Crypto Regulation. This is in part thanks to a ruling of the European Union, which they likely must follow. However, the government has stated that they have no intentions of Read more…