Regulation

Making Friends With Blockchain And Cryptocurrencies At Specialized Event In Kyiv

2 months ago kakp2 Comments Off on Making Friends With Blockchain And Cryptocurrencies At Specialized Event In Kyiv
Tough control over ICO would herald 2018. So, no more talks about the absence of a legal framework for cryptocurrencies. That is a conclusion of the speakers at Blockchain & Bitcoin Conference Kyiv. On March 29th, for the fifth time, Kyiv gathered officials, entrepreneurs, traders, lawyers, startup founders in order to discuss the introduction of Read More

Is Blockchain Incompatible With GDPR?

2 months ago kakp2 Comments Off on Is Blockchain Incompatible With GDPR?
Within the framework of the new data privacy rule in Europe, blockchain might be at risk since the technology allows its users to store personal information, a concept that is essentially opposite of what the upcoming European law will be seeking. A think tank in Washington DC, Coin Center, stated on Friday April 6th that Read More

SEC Charges Former Crypto Exchange with Fraud

3 months ago kakp2 Comments Off on SEC Charges Former Crypto Exchange with Fraud
The SEC continues to crackdown on the rogue elements operating within the cryptocurrency sector and has declared that the former Bitcoin exchange BitFunder was run by its founder as an “unregistered securities exchange” and defrauded its users. Unregistered Securities Exchange At the end of last month, The Securities and Exchange Commission charged former cryptocurrency exchange Read More

Danske Bank Bans Investments in Cryptocurrency-Related Instruments

3 months ago kakp2 Comments Off on Danske Bank Bans Investments in Cryptocurrency-Related Instruments
Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be Read More

EU Ready to Regulate Cryptocurrencies

3 months ago kakp2 Comments Off on EU Ready to Regulate Cryptocurrencies
Brussels, Belgium – July 17, 2017: Flags on European Parliament building background. Flags of EU countries opposite facade of European Parliament building. The European Union is prepared to regulate cryptocurrencies if the sector continues to remain inherently volatile and present substantial risks to new investors. If these risks are not tackled at the global level, Read More

Canadian Multinational Bank BMO Blocks Cryptocurrency Transactions

3 months ago kakp2 Comments Off on Canadian Multinational Bank BMO Blocks Cryptocurrency Transactions
Canadian Multinational Bank BMO Blocks Cryptocurrency Transactions Like taxi drivers attacking Uber or candle makers trying to block out the sun, another bank has taken a stand against bitcoin. BMO is apparently trying to protect its clients from themselves by taking away the freedom to decide what to do with their own money, like using Read More

⚡ Israel Officially Declares Bitcoin Is Not a Security

3 months ago kakp2 Comments Off on ⚡ Israel Officially Declares Bitcoin Is Not a Security
Israel Securities Authority (ISA) Committee for the Examination and Regulation of Initial Coin Offerings (ICOs) issued a series of “recommendations designed to dispel uncertainty and strike a balance between technological innovation and the protection of the investors.” Included in their findings were whether cryptocurrencies such as bitcoin are considered securities – a decision carrying major Read More

Belarus Adopts Crypto Accounting Standard

3 months ago kakp2 Comments Off on Belarus Adopts Crypto Accounting Standard
Days before legalizing crypto activities, Belarus has adopted a new accounting standard that deals with cryptocurrencies. It classifies digital tokens according to their acquisition and intended use. The document defines the information companies will be required to share with authorities. The presidential decree regulating the crypto sector comes into force on March 28. Goods, investments, Read More

Binance Moves To Malta As Prime Minister Issues Public Welcome

3 months ago kakp2 Comments Off on Binance Moves To Malta As Prime Minister Issues Public Welcome
The Prime Minister of Malta has publicly welcomed the world’s largest cryptocurrency exchange Binance as it announces it is relocating to the country. Maltese PM to Binance: ‘Welcome to Malta’ In a fresh move confirmed by CEO Zhao Changpeng March 23, Binance will set up an office in the European nation and will close the Read More

Bitcoin Drops Amid Rumors of Binance Trouble in Japan

3 months ago kakp2 Comments Off on Bitcoin Drops Amid Rumors of Binance Trouble in Japan
Bitcoin Drops Amid Rumors of Binance Trouble in Japan Bitcoin took a major hit this afternoon, dropping hundreds of dollars as rumors stated that Binance would face criminal charges for operating without registration in Japan. According to Asian news outlet Nikkei, Japan’s Financial Services Authority (FSA) was in the process of investigating Binance’s activity in Read More