Category: Regulations

  • 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…

  • Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws

    Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws

    In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions. Also read: CEO of Romanian Exchange Coinflux…

  • Bahrain’s Central Bank Issues Draft Crypto Regulations

    Bahrain’s Central Bank Issues Draft Crypto Regulations

    The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin…

  • French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

    French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

    Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices. Also read: Ukrainian Village Distributes Dividends From Crypto Investment ‘France Must Have…

  • Japanese Exchange Bitpoint Launches Trading Platform in Panama

    Japanese Exchange Bitpoint Launches Trading Platform in Panama

    On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol Bitpoint Japan Expands to Latin America Bitpoint…

  • The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results

    The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results

    In this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also cover Galaxy Digital’s report into its third quarter financial results and an alert issued in Texas about a new scam promising refunds to Bitconnect investors.  …

  • Estonia to Tighten Rules for Licensed Crypto Companies

    Estonia to Tighten Rules for Licensed Crypto Companies

    Estonia, one of Europe’s most crypto-friendly nations, plans to tighten its licensing regime for cryptocurrency companies. The financial authorities in Tallinn want to introduce stricter regulations for fintech businesses registered in the Baltic country.   Also read: Binance Terminates Services for Users in Belarus Regulators to Increase Oversight The Financial Intelligence Unit, the Estonian regulator…

  • Russian Miners Sell Their Equipment Amid Market Plunge

    Russian Miners Sell Their Equipment Amid Market Plunge

    A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very…

  • Market Slump Puts Crypto Derivatives in the Spotlight

    Market Slump Puts Crypto Derivatives in the Spotlight

    As volatility returns to cryptocurrency markets, with serious losses over the past week or so, digital asset exchanges and other fintech platforms have again turned their attention to crypto derivatives. Instruments such as bitcoin futures contracts can help traders hedge against risks and even profit from falling prices.  Also read: Isle of Man Updates Registration…

  • Colorado Regulator Issued Orders Against 18 ICOs, With More on the Way

    Colorado Regulator Issued Orders Against 18 ICOs, With More on the Way

    The U.S. authorities appear to have greatly increased their focus on initial coin offerings (ICOs). In addition to the big federal bodies that are going after them on a national level, projects are also being targeted by regulators in states such as Colorado, where another another four were put on notice on Tuesday. Also Read:…