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Lithuania Creates Favorable Cryptocurrency Guidelines

Lithuania, the European state, has recently unveiled comprehensive guidelines, “ICO Guidelines”, that outlines regulations for both cryptocurrencies and ICOs within the country. The report covers four topics; regulation, taxation, accounting, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT). The Lithuanian Minister of Finance, Vilius Šapoka did explain that the report is not exhaustive and whenever a discrepancy exists between the ...

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Apple Prohibits Crypto Mining in Apps with New Guidelines

As crypto mining through apps becomes more prevalent Mac has had to address it in the release of their new guidelines. Mac Prohibits App Mining in New Guidelines Crypto mining is way up in 2018 with a reported 4000% increase in Q1. Most of the of the drive by mining malware and techniques can be found on Android and PCs. ...

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Thailand Securities Regulator Lays Out Guidelines For Crypto Industry

The Thailand Securities and Exchanges Commission announced new regulations for the cryptocurrency industry that are expected to take effect later this month. The new regulations stipulate a defined number of market intermediaries who will receive trading licenses, with crypto exchanges and brokerage firms getting an equal number of spots. The commission also cleared 7 cryptocurrencies which will be allowed ...

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Lithuanian Gov’t Releases ICO Guidelines That Aim to Create ‘Certainty and Transparency’

Lithuania has released comprehensive new “guidelines” on Initial Coin Offerings (ICOs) in a document published June 8.  Officials are heralding the move as a “step towards certainty and transparency” in the country. Coming two months after the government set up a roundtable to establish dialogue between banks, ICO operators and other entities, the guidelines see confirmation from Minister of Finance ...

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Apple Publishes Revised Cryptocurrency, ICO Guidelines for App Store

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Apple has revealed its revised guidelines in a dedicated section for iOS and MacOS apps centered on the cryptocurrency space. As bitcoin prices peaked near $20,000 in December 2017, Apple unveiled a new section of guidelines specific to cryptocurrencies and ICOs on December 20th. ...

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Dash Core Updates Proposal Escrow Guidelines As DAO Attempts to Scale

The Dash Core team has released an update on its proposal escrow service, outlining a series of new considerations and restrictions as the network seeks to find new ways to minimize treasury waste. Historically, Dash Core has offered to escrow certain treasury proposals, holding on to funds until a contractor had been verified to have done their promised work, before ...

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Thai Cryptocurrency Experts Engage the Government Regarding Taxation Guidelines – The Merkle

Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. Even so, officials in Thailand are looking to make inroads in this area. They will meet with blockchain and cryptocurrency experts this week to discuss future laws and regulatory measures. The Future ...

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CFTC Introduces Guidelines for Issuing Cryptocurrency Derivatives – The Merkle

It was only a matter of time until regulators introduced new guidance for cryptocurrency derivatives and associated products. Considering that these investment vehicles are of great interest to consumers and institutional investors alike, it only makes sense that the CFTC would take a special interest in such products. The CFTC’s new Guidelines are in Place Bringing more legitimacy to the cryptocurrency industry ...

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150 ICOs and STOs Adhere to KYC and AML Guidelines with the Help of IdentityMind Global – The Merkle

KYC and AML procedures play an increasingly important role in the world of cryptocurrency. This is especially true when dealing with initial coin offerings. IdentityMind has already processed 150 client requests in the past few months. It’s a very positive trend that will bring more legitimacy to the ICO industry moving forward. IdentityMind is on a Roll While the number ...

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