REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Alibaba Founder Jack Ma Criticizes Current Financial Regulations
Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.
Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate
The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.
Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home
Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants
The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.
The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors
Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.
Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced
The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.
US Department of Justice Releases Cryptocurrency Enforcement Framework
The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.
List of Blockchain Projects, People and ICOs the SEC Charged
A list of some of the blockchain projects and crypto figures who have been charged by the United States Securities and Exchange Commission over the years.
Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”
Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.
UK Financial Watchdog FCA Bans Crypto Derivatives Trading For Retail Investors
The United Kingdom’s Financial Conduct Authority (FCA) has issued its final rules banning the sale of crypto derivatives and exchange-traded notes (ETNs).
Oman Central Bank Issues Warning Against Crypto Trading, Specifically Dagcoin
The Central Bank of Oman has warned citizens that cryptocurrencies come with a high risk and specifically highlighted the risks as they pertain to Dagcoin.
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.
IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats
The IRS plans to update the 1040 income tax form for 2020 to make it more difficult for taxpayers to avoid declaring their crypto assets.
Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.