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Tag Archives: Regulations

India Crypto Regulations | Is a Decision on the Horizon?

India has been weighing its regulations on cryptocurrency for the past few months and it seems the government will finally come to a conclusion about blockchain and digital currencies by the end of 2018, Quartz India reports. India Crypto Regulations The Finance Ministry Panel in India is still evaluating how to treat blockchain and cryptocurrencies separately. The crypto ban in ...

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Will India Finally See Cryptocurrency Regulations in Place By End of 2018?

Cryptocurrency regulations in India have been a source of uncertainty for the markets since the government’s unprecedented tirade against crypto that began this past April. However, it’s reported that the government is now likely to finalize some common sense regulatory measures starting in late 2018. A finance ministry panel devoted to the issue has found that the main problem with ...

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India’s Central Bank Spells Out Crypto Objections as Panel Readies Regulations

The Reserve Bank of India (RBI), which admitted last month that it clamped down on cryptocurrencies without much discussion, has expanded on its objections, as a government panel considers a draft of regulations. The central bank instructed banks in April to close cryptocurrency accounts in the first week of July. The concerns include the currencies’ insufficient intrinsic value, investor protection ...

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Bermuda Government to Introduce New Regulations on ICOs, Address ‘Legal Ambiguity’

The Premier and Minister of Finance of Bermuda David Burt introduced new regulations on initial coin offerings (ICOs) speaking before the House of Assembly, the Royal Gazette news reports July 13. The regulatory framework describes minimum required information for ICO projects and establishes compliance measures for companies to conduct an ICO. Addressing the lower house of the Bermudian Parliament, Burt ...

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Activists Shine Bitcoin Logo on Slovakia’s Central Bank to Protest Regulations

A pro-cryptocurrency activist group trolled Slovakia’s central bank in spectacular fashion this week to protest local regulators’ hostility toward cryptocurrency companies and traders. Activists Project Bitcoin Logo onto National Bank of Slovakia The Bratislava-based Paralelná Polis — which among other endeavors operates the Cryptoanarchy Institute — on Thursday published a video depicting its latest act of protest against the country’s ...

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French Government Official Argues Against Cryptocurrency Regulations, but Still Wants Control

French government official and academic, Jean-Pierre Landau, also know as “Monsieur Bitcoin”, recently released a report that argued that it was “neither desirable nor necessary” to regulate cryptocurrencies. The report, which extends over 100 pages, claims that overzealous regulations would create a “three-pronged danger”. “The danger is three-pronged: that of freezing the rapid evolution of technology in legislation, that of failing ...

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Malta Blockchain Regulations | Will Malta Be the First Blockchain Island?

Malta blockchain regulations: Last night, four bills surrounding the blockchain sector in Malta were approved by Parliament, according to Malta Today. Will Malta become the first blockchain island? Three of the bills approved were to help establish a regulatory framework for Malta’s emerging blockchain sector, and the other bill was to establish Infrastructure Malta. The 3 Bills that will regulate ...

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Thailand Regulator Publishes ICO Regulations; 7 Cryptocurrencies Approved

Thailand’s Securities and Exchange Commission (SEC), the country’s capital markets authority, has announced a regulatory framework for initial coin offerings (ICOs) which will go into effect on July 16. Under the new guidelines, ICO issuers are mandated to have a company registered in Thailand approved by the SEC with a minimum registered capital of 5 million baht (approx. $150,000), a ...

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FSA Considers Changing Japanese Cryptocurrency Regulations

New information points towards the FSA, Japan’s financial regulating body, changing the legal basis on which cryptocurrencies are overseen in the country. FSA Considers Change to Regulatory Basis As was reported in local Japanese media Sankei on July 3, the Financial Services Agency is considering changing the legal foundation on which cryptocurrency regulation is based, from the Payment Services Act to ...

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