Tag Archives: regulations

South Africa Establishes a Consultation Paper to Regulate and De-Anonymize Bitcoin Transactions

Image: Shutterstock The South African Reserve Bank has released a consultation paper to regulate cryptocurrencies in the region. However, the government is seemingly introducing banking-like features to the crypto-markets, going against the very ethos of what Bitcoin stands for. The bank chooses to call cryptocurrencies as crypto “assets” over the former term, deeming the distinction makes it easier… Read More »

ShapeShift Aided 60 Law Enforcement Inquiries in 2018, Erik Voorhees Reveals

It seems like ShapeShift has done exactly as its name suggests, changing form almost beyond recognition. Founder, CEO, and no fan of the SEC, Erik Voorhees’ exchange once existed without accounts. Now they have full KYC and hand over customer data upon request. ShapeShift Shocked Crypto World With KYC In what can only be described as a seismic… Read More »

US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress

A bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the United States Congress. Data confirming this was published on the Congress’ official website on Jan. 14. The bill, titled “To provide a safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services,” was… Read More »

What We Know About Google Ads Allegedly Blacklisting ‘Ethereum’ as a Keyword

On Jan. 10, Serbia-based smart contract auditing startup Decenter reported that Google has blacklisted keywords mentioning Ethereum (ETH) on its advertising platform, Google Ads. Google Ads: We can’t confirm that Ethereum is eligible to trigger ads, see our policy Specifically, the startup tweeted that they saw “a hard stop” on Google Ads containing the keyword “Ethereum” starting from… Read More »

Malaysian Government Reportedly Still Undecided on Whether to Legalize Crypto

The Malaysian government is reportedly still undecided whether to legalize cryptocurrencies, English-language local media New Straits Times reports on Jan. 12. When answering a query about whether digital currencies are currently legal or illegal, Khalid Abdul Samad, the Malaysian federal territories minister, reportedly said: “At the moment, the answer is neither legal nor illegal as the situation is… Read More »

China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management of Blockchain Information… Read More »

Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8. According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four companies that received a license are digital… Read More »

Crypto Platform Tron Hires Former SEC Attorney as First Chief of Compliance

Blockchain platform TRON has hired a former United States Securities and Exchange Commission (SEC) supervisory attorney as its first chief compliance officer. The company has revealed this to Cointelegraph in a press release on Jan. 9. David Labhart, who previously worked as an attorney for the U.S. regulator, will also take on the role of co-general counsel at… Read More »

Kraken Received 3 Times More Law Enforcement Requests in 2018

Cryptocurrency exchange Kraken has revealed that it has received three times more law enforcement requests in 2018 compared to 2017. The overwhelming majority of requesting authorities is in the US.  A Chokepoint for Law Enforcement San Francisco-based cryptocurrency exchange Kraken has released an infographic displaying the increasing number of law enforcement requests received in 2018. As it turns… Read More »

Opinion: Winklevoss Twins Spam NYC With Ads ‘Proving’ Their Superiority

The Winklevosses certainly aren’t just twiddling their thumbs whilst waiting for an SEC decision on their ETF. This week saw them shilling their Gemini cryptocurrency exchange by spamming New York City with ‘regulations are good’ adverts. Crypto Needs Rules… But Does It? The message that the adverts purportedly push, is that regulatory measures lead to a future cryptocurrency market without the chaos.… Read More »