Category: Economy & Regulation

  • Crypto-Friendly Statesman Takes Over Swiss Presidency

    Crypto-Friendly Statesman Takes Over Swiss Presidency

    After serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry. Also…

  • Analysis: Understanding the SEC’s Stance on Crypto

    Analysis: Understanding the SEC’s Stance on Crypto

    Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect.…

  • Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

    Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

    In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong…

  • South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

    South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

    The Minister of Finance of South Africa, Tito Mboweni, explained in a letter on Jan. 2 that the region’s government has created a regulatory working group dedicated to cryptocurrencies. According to Mboweni, the working group includes representatives from multiple South African agencies and aims to produce a comprehensive regulatory response to the growing digital asset…

  • Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

    Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

    The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian…

  • Crypto Bear Market Triggers Rise in M&A Activity

    Crypto Bear Market Triggers Rise in M&A Activity

    In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups.  Also Read: Global Cryptocurrency M&As Rise  M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and…

  • Bermuda Issues Draft Crypto Custodial Services Regulation

    Bermuda Issues Draft Crypto Custodial Services Regulation

    The Bermuda Monetary Authority (BMA), the island’s foremost financial services regulator, has published a draft regulation for cryptocurrency custodial services. The regulation – Code of Practice for Digital Asset Custody – outlines prescriptions to ensure the secure handling of customers’ crypto assets. Also read: Brazilian Supermarket Chain Now Accepts Payment in Bitcoin ‘Safe Space for Investment’…

  • Transnistria Welcomes Crypto Miners, Plans to Expand the Industry

    Transnistria Welcomes Crypto Miners, Plans to Expand the Industry

    The government of Transnistria has recognized the importance of cryptocurrency mining for the territory’s economy and budget. The unrecognized republic in Eastern Moldova now plans to expand the industry by attracting more miners with a crypto-friendly business climate and favorable regulations.    Also read: CEO of Romanian Exchange Coinflux Arrested on US Warrant Tiraspol Plans…

  • How to Spend and Give Bitcoin Cash Over the Holidays

    How to Spend and Give Bitcoin Cash Over the Holidays

    It’s the season of giving and many Bitcoin Cash (BCH) advocates will be spending some of their coins on gifts for family and friends this year. With the holidays approaching, we take a look at some of the various methods BCH holders can use to spend peer-to-peer electronic cash. Also read: A Look at Some of…

  • Linkedin Names ‘Blockchain Developer’ Top Emerging US Job of 2018

    Linkedin has published its 2018 “Emerging Jobs Report” for the United States, in which it names “Blockchain Developer” as the most rapidly emerging employment position of the past year. According to the report, the position saw growth of 33x on Linkedin’s platform during 2018. Also Read: Pantera Capital Braces for SEC Action Against 25 Percent of…