Bitcoin Regulations News

Bitcoin regulations differ widely from state to state. Bitcoin’s legal status, as of yet, has not been firmly established, which has led to unsustainable regulation policies in the industry. Bitcoin regulations may be strict and prohibit the use of Bitcoin all together, like in Algeria and Bolivia; its use may be restricted to certain kinds of entities, like financial institutions in China; or it might be totally legal and implemented into the taxation system, like in Israel. Most regulations concerning Bitcoin are not established directly to control Bitcoin itself, but to manage all cryptocurrencies, Bitcoin being one of them. A lot of central financial authorities do not recognize Bitcoin as a currency and regulate it, rather, as an asset, stating that they would not regulate its use, but will warn its citizens of the high risks that come with its usage.

News
China’s securities regulator CSRC will reportedly open a tech division that will be headed by the former chief of the central bank’s digital currency initiative...
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
Helen Partz
2019-12-11T13:03:00+00:00
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News
FinCEN’s director says the crypto industry has embraced the agency’s reporting guidelines and are internalizing it into their own reporting and operations.
FinCEN Director Notes Improved Oversight of Cryptocurrency Industry
Marie Huillet
2019-12-11T09:35:00+00:00
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News
In fresh testimony to U.S. lawmakers, the head of the SEC touched on cryptocurrency policy, as well as the perceived benefits of its underlying technology.
SEC Cryptocurrency Approach ‘Measured,’ Chairman Clayton Tells Senate
William Suberg
2019-12-11T08:53:00+00:00
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News
Swedish financial regulators have given Swiss crypto firm Amun approval to offer its exchange-traded products to investors in Sweden and the EU.
Crypto Gains New EU Stronghold as Sweden Approves Swiss ETP Startup
William Suberg
2019-12-10T08:18:00+00:00
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Expert Take
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
A Reality Check: Blockchain and DLT in International Trade
Deepesh Patel
2019-12-09T16:11:00+00:00
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News
South Korea's government plans to tax capital gains returns on cryptocurrency transactions.
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
Marie Huillet
2019-12-09T09:00:00+00:00
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News
U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the countr...
Steven Mnuchin Does Not Expect US to Issue Digital Dollar in Next 5 Years
Ana Alexandre
2019-12-06T13:10:00+00:00
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News
The benefits associated with stablecoins pale in comparison to their risks and challenges, according to a new statement from EU authorities.
EU Won’t Let Stablecoins Enter Market Until Risks Are Addressed
Helen Partz
2019-12-05T21:01:00+00:00
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