Category Archives: Bitcoin Regulation

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ECB Member Detained in Anti-Corruption Probe (But Banks Continue to Finger Bitcoin as the Problem)

The post ECB Member Detained in Anti-Corruption Probe (But Banks Continue to Finger Bitcoin as the Problem) appeared first on CCN A member of the European Central Bank’s (ECB) governing board has been detained in an anti-corruption probe. ECB Member Detained in Anti-Corruption Probe Ilmars Rimsevics, who heads the Bank of Latvia, is suspected of demanding… Read More »

‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker

The post ‘Very Hard to Regulate Cryptocurrency,’ Says US Lawmaker appeared first on CCN US lawmakers may be eager to regulate cryptocurrency, but they’re quickly finding that it’s easier said than done. In an interview with Fox Business, House Representative David Schweikert (R-AZ) said that regulators must focus their efforts on application-level oversight of the… Read More »

Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws

The post Wyoming House Unanimously Passes Bill Exempting Utility Tokens from Securities Laws appeared first on CCN The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws, marking the latest victory in the quest to make the state a favorable environment for blockchain startups. Wyoming House Unanimously Passes Bill… Read More »

South Korea Govt Eyes its Own ‘BitLicense’ for Cryptocurrency Exchanges

The post South Korea Govt Eyes its Own ‘BitLicense’ for Cryptocurrency Exchanges appeared first on CCN South Korea’s government is considering a cryptocurrency exchange approval system similar to the state regulations in New York State, signaling a new position over regulations on digital currency exchanges from shutting them down to safely manage them. A decision… Read More »

NY Fed Economists Talk Bitcoin’s Role in a Centralized World

The post NY Fed Economists Talk Bitcoin’s Role in a Centralized World appeared first on CCN New York Fed Economists Michael Lee and Antoine Martin aren’t entirely dismissive of bitcoin, which only seems to make matters worse. In a Q&A, which is posted on the New York Fed’s website, the economists question bitcoin’s utility, arguing… Read More »

China’s State Media Targets ICOs, Cryptocurrency Trading

The post China’s State Media Targets ICOs, Cryptocurrency Trading appeared first on CCN The Chinese government, through its media, is continuing to taking aim at cryptocurrency trading and ICO investments. Despite numerous laws passed last year to ban cryptocurrency activity in China, many Chinese investors continue to find underground ways to trade in virtual currencies… Read More »

Iceland Lawmaker Proposes Tax on Incoming Cryptocurrency Miners

The post Iceland Lawmaker Proposes Tax on Incoming Cryptocurrency Miners appeared first on CCN Virtual currency miners are flocking to Iceland due to its abundance of renewable energy, and some lawmakers want to tax them, according to ABC News. Iceland’s renewable energy from hydroelectric and geothermal power plants has delivered competitive electricity rates. Smari McCarthy,… Read More »

Members of Congress Should Disclose Cryptocurrency Holdings: Blockchain Caucus Founder

The post Members of Congress Should Disclose Cryptocurrency Holdings: Blockchain Caucus Founder appeared first on CCN The founder of the US Congressional Blockchain Caucus wants his fellow members of Congress to be required to disclose their cryptocurrency holdings. Colorado House Representative Jared Polis (D), who has long been one of Bitcoin’s most vocal advocates on… Read More »

Cryptocurrency Regulation ‘Inevitable,’ Says IMF Chief Christine Lagarde

The post Cryptocurrency Regulation ‘Inevitable,’ Says IMF Chief Christine Lagarde appeared first on CCN The head of the International Monetary Fund (IMF) says that cryptocurrency regulation is “inevitable” due to the nascent technology’s utility as a tool that criminals can use to perpetrate illicit activities. Speaking in an interview with CNN Money at the World… Read More »