Regulation
Japan Creates New Unit To Regulate Digital Assets
The Financial Services Regulator (FSR) in Japan has reportedly established a new regulatory unit that will oversee the digital asset industry. The Japanese watchdog is ramping up its regulation efforts...
Read moreWhat Is The Right Way To Regulate Cryptocurrency?
The cryptocurrency space is a promising asset class for individuals and investors, but the lack of proper and defined regulation slows down its innovation. Crypto is now becoming increasingly mainstream....
Read moreMalaysia Practically Destroying Thousands Of Illegal Bitcoin Miners
Authorities in Malaysia have decided to destroy over $1.2 million worth of BTC mining rigs after they were impounded for operating illegally. It is not yet clear why the authorities...
Read moreJapan To Take Action To Review Cryptocurrency Globally
Japan is enhancing its efforts to regulate digital currencies on a worldwide scale, with the related government authorities allegedly seeking to expand staff to implement strict rules. Japanese authorities have...
Read moreBinance Suspends Stock Token Sales Instantly
Binance’s highly popular stock tokens, which is a relatively recent offering, are getting wound down immediately. In a July 16, 2021 announcement, the exchange announced that “effective immediately,” the stocks...
Read moreTennessee City Ready For Property Tax Payments In Bitcoin
The US city of Jackson, Tennessee, has continued to explore a possible dive into cryptos, now aiming to accept Bitcoin (BTC) for property tax payments. On July 15, Jackson Mayor...
Read moreRep Tom Emmer Unleashes Bill To Offer Certainty For Digital Assets
On June 15, United States congressional representatives introduced a bipartisan bill intending to offer a defined description of assets, including digital tokens and other emerging technologies, under the existing securities...
Read moreSEC Postpones Decision On Wisdom Tree Bitcoin ETF
The Securities and Exchange Commission (SEC) on July 13 pushed back its decision on Wisdom Tree’s Bitcoin ETF requesting public feedback. Reports indicate that this request will enable members of...
Read moreNew Bitcoin Law Might Trap El Salvador In FATF’s Regulatory Network
Back in 2001, El Salvador mothballed its local currency, the colón, and put it directly into a museum. The country’s current currency regime is governed by the Monetary Integration Law....
Read moreUK Detectives Seize Biggest Ever Bitcoin Funds In The Country
Criminals are increasingly using bitcoin and other cryptos to fund their illegal activities. In that context, authorities remain on high alert striving to thwart these activities to safeguard unsuspecting investors...
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