Tag Archives: crypto regulation

US Rep. Warren Davidson Working on Regulating Cryptos & ICOs under Asset Class

Crypto friendly and Bitcoin bull, US Representative of Ohio, Warren Davidson recently announced a bill that will create another asset class and in turn regulate cryptos and Initial Coin Offerings (ICOs) and have them exempt from the securities law.      Getting Tokenized Assets Exempt from Securities Law According to the local Ohio news source, at the four-day blockchain… Read More »

South Korea Reveals Plan to Tax ICOs and Cryptocurrencies

The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends.South Korea Closer to Legalize and Tax Crypto Fundraisers as New Government Takes OverHong Nam-ki, Minister of Economy and Finance and Deputy Prime Minister nominee, has submitted a… Read More »

UK’s FCA Investigates 50 Firms Suspected of Unlicensed Crypto Operations

The number of complaints relating to crypto assets received by the U.K.’s Financial Conduct Authority (FCA) has risen sharply during the 2018 bear market.FCA Currently Investigating 50 Cryptocurrency FirmsPeople rarely call foul play during a bull market. When the charts are all green, who really cares if a project FOMO’d into last November after hearing that it was… Read More »

‘Nothing At All’ Going on With Crypto Regulation, Says D.C. Insider

Despite the growing importance of the cryptocurrency industry, the US government’s position on crypto regulation remains frustratingly opaque. According to a D.C. insider, a movement towards real regulation or greater regulatory guidance is still quite far away. Had drinks yesterday with a friend who’s deeply connected in DC. Me: “what do you hear about crypto on the Hill?”Him:… Read More »

Financial Giants Gather in D.C. for Crypto Roundtable

On Tuesday, September 25th, Rep. Warren Davidson (R-OH) will host a roundtable discussion with big-name financial players, firms, and crypto companies. Congressman Warren Davidson (R-OH) will host a roundtable discussion on Tuesday in Washington D.C. The roundtable includes figures representing Wall Street, venture capital firms, crypto exchanges, and non-profits. CNBC‘s Kate Rooney notes that the discussion comes in… Read More »

Singapore Determined to Become the First Country to Fully Embrace Cryptocurrencies and DLTs

Singapore is news again in the business world, and this time the star is the Monetary Authority of Singapore (MAS). During Coindesk’s 2018 Singapore Blockchain Week, the regulator stood out for presenting a reasonably clear vision of the crypto landscape, reinforcing the country’s firm decision to promote the development of blockchain technologies and embrace the use of cryptos… Read More »

Brexit Britain Can’t Rope-In Crypto Cowboys Alone

Bloomberg contributor Lionel Laurent believes that Brexit Britain needs to get serious about regulating the crypto industry. Yet, he’s skeptical it can be done alone. It’s clear from a September 21st Bloomberg article that regulation-cozy Lionel Laurent believes crypto regulation needs to be an international effort. EU-friendly Laurent believes that Brexit Britain simply cannot go it alone. Crypto needs a leash, but… Read More »

UK Treasury Committee: Cryptocurrencies Are Crypto-Assets and Should be Regulated

That crypto investors are exposed to a litany of risks in a largely unregulated and developing sphere is true. It is along the same line of consumer protection that the UK’s Treasury Committee is rallying from calling for immediate regulation of the sphere by the Financial Conduct Authority, the country’s markets watch dog.At the moment, the FCA has… Read More »

A Look Into the Future: Where to Discuss the Crypto Regulation this Fall

If 2017 can be called the year of the ICO, then 2018 is definitely the year of cryptocurrency regulation. The fast growth of digital money and its ubiquitous distribution couldn’t go unnoticed by different countries. Every month its authorities create bills on the cryptocurrency use and regulation. Governments do not completely understand the essence of cryptocurrency, whether it… Read More »