U.S. regulators release guidance on how DApps could be subject to money transmission laws
The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there. The special economic zones will allow companies, entrepreneurs and authorities to […]
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Cryptocurrency mining has lost some of its profitability during the prolonged bear market of the past year. However, not all investors are short-sighted. Belarus, for example, is not giving up on its intentions to develop the digital economy, of which the crypto space is a part of. Minsk thinks it has enough resources and soon […]
The post Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining? appeared first on Bitcoin News.
Lithuania, one of the Baltic tigers that has in past few years demonstrated it doesn’t shy away from new technologies and the digital economy, is preparing to introduce stricter rules for crypto companies. The government in Vilnius is working on amendments that according to officials will go beyond the requirements of the latest, fifth EU […]
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There’s a group of countries on the Old Continent that have recognized the potential of the newly forming cryptoconomy. In the past couple of years, nations such as Malta, Switzerland and Estonia have been making efforts to attract businesses from the nascent industry, often rebuffed elsewhere. However, registering and running a crypto company, even in […]
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The central bank of Lithuania has updated its position on cryptocurrencies and tokens issued through initial coin offerings. The regulator has revised the definition of these assets specifying the conditions under which financial institutions can operate with digital money and accept crypto payments. Also read: Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account […]
The post Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments appeared first on Bitcoin News.
In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a law that protects crypto traders and […]
The post In the Daily: Liberstad Coin, Mining Contracts, Luxembourg Law appeared first on Bitcoin News.
Indonesia’s Futures Exchange Supervisory Board (Bappebti) has announced new regulations on the implementation of physical markets for crypto assets in futures trading. The rules focus on good governance for cryptocurrency tradèrs, legal certainty and consumer protection. They will also require the regulator to establish a physical market for futures trading in virtual currencies. Also read: Crypto […]
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In a recent interview, Matt Kohen and Justin Wales, two senior counsels working for Carlton Fields’ virtual currency and distributed ledger technology group, highlighted the challenges that legal practitioners and regulators face in interpreting United States regulations pertaining to cryptocurrency. Also Read: Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death Cryptocurrency Lawyers Emphasize […]
The post US Lawyers: Crypto Regulations Are ‘Tough Waters to Navigate’ appeared first on Bitcoin News.
At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most […]
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