India suddenly announced that bitcoin is legitimate

India suddenly announced that bitcoin is legitimate      The leading bitcoin exchange Zebpay revealed that the India Government Committee began to support bitcoin. In April the 14th, the Ministry of finance of India (MinistryofFinance) cross industry commission (Inter-DisciplinaryCommittee) investigation of the legal status of bitcoin actively, consider the supervision of the market. India bitcoin … Continue reading “India suddenly announced that bitcoin is legitimate”

Japan will be in two months admitted bitcoin as legal means of payment

Japan will be in two months admitted bitcoin as legal means of payment      Japan will soon recognize bitcoin as a legitimate means of payment. Related programs on encryption currency has recently passed the public consultation stage, will be implemented in April. Effect of Bitcoin.com on the bill and the deep significance of bitcoin … Continue reading “Japan will be in two months admitted bitcoin as legal means of payment”

Russia called for celebrating the legitimate bitcoin

Russia called for celebrating the legitimate bitcoin      A few weeks ago, the Russian authorities announced the use is legal from the legal point of view bitcoin. Russia now has a population of 146 million, is an important market for bitcoin and other digital currency. In an interview with Cointelegraph Bitcoin.com JakeSmith, to understand … Continue reading “Russia called for celebrating the legitimate bitcoin”

The bitcoin community signed a petition calling for a relaxation of regulation BitLicense

The bitcoin community signed a petition calling for a relaxation of regulation BitLicense The petition is filed by Coin Center Alan Wright (Aaron Wright) and the Yale University School of law Elizabeth Stark (Elizabeth Stark) jointly authored, they are still collecting signatures, hoping that the New York Financial Services Department to pay attention to and … Continue reading “The bitcoin community signed a petition calling for a relaxation of regulation BitLicense”

New York Financial Services Department issued the BitLicense proposal, supervision countdown?

New York Financial Services Department issued the BitLicense proposal, supervision countdown? The New York Department of financial services (NYDFS) for Ben Lawsky twitter today announced that NYDFS has officially released the revised version of the BitLicense proposal. Bitcoin regulation The bill for the first time in July last year, the old version of the draft … Continue reading “New York Financial Services Department issued the BitLicense proposal, supervision countdown?”

Chairman of the IMF: Tracking cryptocurrencies with a blockchain, “Fire on Fire” ChainB.com

nOutburst Comments: The IMF Chairman stated in the official blog that distributed ledger technology can be used to speed up the sharing of information among regulatory agencies and enable more efficient allocation of regulatory resources. Integrating advanced technologies, you can use cryptocurrency itself to quickly identify and eliminate illegal transactions. In other words, despite the … Continue reading “Chairman of the IMF: Tracking cryptocurrencies with a blockchain, “Fire on Fire” ChainB.com”

Thai Securities and Exchange Commission to announce cryptocurrency market regulatory framework in March, ChainB.com

nOutburst comment: Thai financial regulators are drafting bills to regulate the local cryptocurrency industry. A number of media have revealed that the regulatory framework is expected to be introduced by the end of March. The reason why Thailand hopes to formulate cryptocurrency regulations as soon as possible is not only to prevent money laundering and … Continue reading “Thai Securities and Exchange Commission to announce cryptocurrency market regulatory framework in March, ChainB.com”

Coinsetter CEO think that New York is the destination of bitcoin

Coinsetter CEO think that New York is the destination of bitcoin      Jaron Lukasiewicz after two years of hard work, finally in the summer of this year officially released the bitcoin trading platform Coinsetter. Earlier this week, he told New York’s proposed BitLicense regulation bill gives his own insights. He said: “the bill is … Continue reading “Coinsetter CEO think that New York is the destination of bitcoin”

Thailand Avoids Extreme Cryptocurrency Supervision ChainB.com

nOutburst assessment: The Deputy Prime Minister of Thailand, who is responsible for managing legal affairs, recently stated that he will not manage this area through disputed Article 44 of the Interim Constitution, but should establish specific regulations. Therefore, Thailand’s Securities and Exchange Commission, the Ministry of Finance, the Anti-Money Laundering Office and the Central Bank … Continue reading “Thailand Avoids Extreme Cryptocurrency Supervision ChainB.com”

IMF President Lagarde: Global cryptocurrency regulation “inevitable”

nComment: Recently, the International Monetary Fund (IMF) president Christina Lagarde (Christine Lagarde) said that the international community to take action to monitor cryptocurrencies “inevitable.” This may indicate that the IMF will be more actively involved in cracking down on the illegal use of cryptocurrencies and will mainly focus on both anti-money laundering and anti-terrorist financing.nnTranslation: … Continue reading “IMF President Lagarde: Global cryptocurrency regulation “inevitable””

Hong Kong traders favor the regulated U.S. bitcoin futures market

nRunaway Comment: The Bitcoin market in the United States has been popular with Hong Kong traders since it was introduced, mainly because of the unregulated nature of cryptocurrencies in Hong Kong and the high risk of such transactions. As a result, investors in Hong Kong have turned their attention to the regulated markets in the … Continue reading “Hong Kong traders favor the regulated U.S. bitcoin futures market”

The new report focuses on Tether’s legal status

nWalkout commentary: One week, the issue of the dollar linked with the currency USDT Tether concern. Two recent reports also analyzed Tether’s legal status and its blockchain ledger. In one of these reports, Nicholas Weaver, a computer security researcher at the Berkeley Institute for Computer Science, analyzed the possibility of a U.S. regulatory investigation into … Continue reading “The new report focuses on Tether’s legal status”

Japan’s cryptocurrency exchange is under pressure from regulators to strengthen censorship

nBankruptcy comment: The stingy of a new currency of over 500 million U.S. dollars by Japan’s Encrypted Currency Exchange Coincheck prompted the Japanese finance minister to require the financial department to carry out on-site inspections of domestic exchanges as soon as possible, forcing the exchange to step up cybersecurity and consumer protection measures. Japan’s finance … Continue reading “Japan’s cryptocurrency exchange is under pressure from regulators to strengthen censorship”

Canadian regulators hope Google ban ICO and encrypted currency ads

nRunaway Comment: A Canadian regulator recently said they want Google to ban advertising like Facebook, cryptocurrencies, ICOs and binary options. In fact, regulators in many countries are still skeptical and opposed to the cryptocurrency, believing that the series of activities triggered by the new thing are suspected of fraud and cause serious losses to citizens, … Continue reading “Canadian regulators hope Google ban ICO and encrypted currency ads”

Italian cryptocurrency companies must register in accordance with the proposed new regulations

nCritics of runaway: As one of the EU member states, Italy responded to the EU’s latest anti-money laundering regulations and conducted market research on domestic enterprises that dealt with cryptocurrencies. Such enterprises must submit their business and profit statements in accordance with the new regulations. At the same time, Database registration. Relevant laws and regulations … Continue reading “Italian cryptocurrency companies must register in accordance with the proposed new regulations”

Encrypted currency issued and regulated by the government in 2018 will challenge bitcoin

nRunaway Comment: World Economic Forum held in Davos, Switzerland, encrypted currency has become an important issue. The calls for regulation in various countries have made it difficult for large financial institutions and banking institutions to act easily. In response, CEO of the blockchain startup Universa also said that in 2018 cryptocurrencies issued by various countries … Continue reading “Encrypted currency issued and regulated by the government in 2018 will challenge bitcoin”

Ukrainian network police support cryptocurrency legalization

nRunaway Comment: Ukraine’s police crackdown on cybercrime has expressed its support for the legalization of cryptocurrencies and related activities, regulation and taxation as soon as possible. If you can not supervise as soon as possible, you must use prohibited measures to alert investors to market risk. And the Central Bank of Ukraine does not support … Continue reading “Ukrainian network police support cryptocurrency legalization”

Russia’s Ministry of Finance Drafted ICO Regulation Act

nRunaway Comment: Although Russia’s attitude towards cryptocurrencies is still not clear enough, progress has been made in the relevant legislative work in the area. At present, Russia’s Ministry of Finance has released a draft law aiming to standardize the investors’ participation in token sales and clearly set forth the requirements for such activities. As the … Continue reading “Russia’s Ministry of Finance Drafted ICO Regulation Act”

The CFTC sued the cryptocurrency investment project for fraud

nBankruptcy Commentary: The U.S. Commodity Futures Trading Commission and the Securities and Futures Commission jointly issued a statement suing two companies and chief executives for allegedly encrypting monetary fraud, including misappropriation of financing and abscondment. Regulators said future ICO issued tokens may be treated as commodities, which will be carefully screened for various activities to … Continue reading “The CFTC sued the cryptocurrency investment project for fraud”

Over 200,000 South Koreans jointly petition against the government’s encrypted currency regulation

nRunaway Comment: Since South Korea announced a series of cryptocurrencies regulatory measures, its public response is not very good. At present, two notable petitions and a constitutional complaint filed by a law firm are more notable. One of the petitions against part of regulatory actions has already been signed by more than 200,000 people, and … Continue reading “Over 200,000 South Koreans jointly petition against the government’s encrypted currency regulation”