Tag Archives: law and legislation

Pro-Bitcoin Mick Mulvaney Joins Donald Trump’s Cabinet as Acting Chief of Staff

President Trump seems to be highly interested in the potential of blockchain technologies and the benefits of using cryptocurrencies for the country’s economy. Yesterday, he addressed the nation via Twitter announcing the appointment of Mick Mulvaney as the White House’s new acting Chief of Staff. Mulvaney joins the list of politicians with pro-Bitcoin orientations to whom Mr. Trump… Read More »

European Parliament Looks To Blockchain Adoption In Trade Policies

December 14, 2018 9:01 PM The European Commission is asked to further its analysis of blockchain technology and how it can help European importers and exporters take advantage of preferential trading agreements. The European Parliament (EP), the parliamentary institution of the European Union (EU), published a resolution yesterday, December 13, titled “Blockchain: a forward-looking trade policy.” Within the… Read More »

7 Major Exchanges Join Forces to Enhance the Cryto Ecosystem in South Korea

South Korea took another giant step forward in regulating cryptocurrencies as seven major exchanges have joined forces to enhance the cryptocurrency ecosystem in the country. According to local media, representatives of the seven major exchanges met at a parliamentary policy debate on cryptocurrencies that was held this past Monday. The representatives signed an ‘Agreement for the creation of… Read More »

Ethereum Community Educates The CFTC

December 12, 2018 11:29 PM Yesterday, the CFTC asked for information to help it understand Ethereum. The community has been quick to respond. On December 11, the Commodity Futures Trading Commission (CFTC) published a Request for Input (RFI) seeking comments on the “underlying technology, opportunities, risks, mechanics, use cases, and markets” associated with Ether and the Ethereum platform.… Read More »

Financial Action Task Force Says UK Must Improve AML/CTF Strategies For Crypto

December 11, 2018 8:25 PM While the risk of cryptocurrency being used for money laundering or terrorist financing in the UK may be low, the regulatory body nonetheless asks that the country improve its crypto regulations. The Financial Action Task Force (FATF), a France-based intergovernmental financial security body, released its latest report evaluating the UK’s cryptocurrency regulations, anti-money… Read More »

Indian Finance Minister Receives Government Recommendations For Crypto Regulations

December 10, 2018 11:48 PM With the submission of a government report to India’s finance minister, the country may be closer to regulating cryptocurrency. Although confirmed details are scarce, a recent CNBC report indicates that an Indian government panel has suggested a legal framework for cryptocurrency regulation. The panel’s recommendations have reportedly been submitted to India’s finance minister,… Read More »

Bipartisan Bills Seek To Prevent Crypto Price Manipulation And Boost Tech Adoption

As US regulators work to legislate the crypto industry, two US representatives want to task the Commodity Futures Trading Commission with recommending new practices to Congress. In a December 6 press release, it was announced that two House members introduced two bipartisan bills proposing to create a national regulatory framework for the cryptocurrency industry. Submitted by Florida Democrat… Read More »