Category: Regulations

  • Study Finds Growing Number of BATMs in Belgium and the Netherlands

    Study Finds Growing Number of BATMs in Belgium and the Netherlands

    The number of cryptocurrency ATMs in Belgium and the Netherlands is growing, according to newly released data. Amsterdam is leading among major cities in the Benelux region, with 12 machines supporting digital coin transactions. Luxembourg, which is a global center of traditional finances, is lagging behind in terms of available crypto teller services.        Also…

  • Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

    Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

    In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has…

  • European Regulator Renews Restrictions on Crypto-Based Derivatives

    European Regulator Renews Restrictions on Crypto-Based Derivatives

    Europe’s securities watchdog, ESMA, has decided to extend the restrictions applied to a number of financial derivatives, including contracts-for-differences (CFDs) based on cryptocurrencies. The limits that were introduced in August of this year will now remain in place until the end of January 2019.   Also read: French Regulator Blacklists More Fraudulent Crypto Businesses ESMA…

  • French Regulator Blacklists More Fraudulent Crypto Businesses

    French Regulator Blacklists More Fraudulent Crypto Businesses

    AMF, France’s financial regulator, has expanded its list of entities involved in fraudulent activities often related to cryptocurrency investments. The agency has added 21 new websites most of which have been luring French investors with offers to participate in token sales and digital assets trading. Also read: Russian Crypto Groups in Telegram Increase Membership Despite…

  • Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized

    Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized

    In recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point,…

  • Swiss Bankers Association Acts to Prevent Crypto Firm Exodus

    Swiss Bankers Association Acts to Prevent Crypto Firm Exodus

    The Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies. They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses. Also Read: Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise Swiss Bankers Association Publishes Guidelines Intended to…

  • The Daily: New Crypto Bills on Capitol Hill, Russian Banks Face Demand for Cryptocurrencies

    The Daily: New Crypto Bills on Capitol Hill, Russian Banks Face Demand for Cryptocurrencies

    From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry. Also in The…

  • Taiwanese Candidate Accepts Crypto Donations, California Bans Them

    Taiwanese Candidate Accepts Crypto Donations, California Bans Them

    Using cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says cryptocurrency…

  • Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

    Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

    In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of…

  • Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading

    Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading

    Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved in cryptocurrency, regardless…