A new petition has emerged in opposition to a bill restricting cash and digital currency transactions in Australia of over 10,000 AUD.
Government News
The idea of a digital currency with no central authority is in contradiction with any of the government’s policies. It is predictable that a lot of countries would come up with some regulations and rules to control the cryptocurrencies’ flows and exchanges.
Government cryptocurrency policies are very different in each country, even varying by region. For example, “Asian Tigers” have no regulations on crypto exchanges and only slight regulations on ICOs (South Korea is the only “Tiger” where ICOs are banned), but in China both ICOs and exchanges are illegal. In Europe, most of the countries don’t have any regulations on both ICOs and exchanges, so we can say they are in so-called grey area, even though every European authority has warned their citizens about the risks of using crypto. Government crypto news indicates that even democratic government cryptocurrency laws will change in more regulated way.
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- News
The Financial Times' chief correspondent for international finance has argued that central banks can ironically be credited for boosting Bitcoin’s price.
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Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government...
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by Helen Partz
U.S. Secretary of State Mike Pompeo said that Bitcoin should be regulated the same way as other electronic financial transactions.
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The People’s Bank of China is almost ready to launch its government-backed digital currency, official sources say.
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by Aaron Wood
The New York State Supreme Court has ruled that Bitfinex is in the jurisdiction of the state’s Attorney General, allowing for a continuation of its investigatio...
- Recap
by Henry Linver
Three crypto ETF proposals are in limbo as the SEC delays again. Let's take a look at the history of the SEC's dealings with the applications...
- News
The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends...
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by Aaron Wood
The second-largest state in India, Maharashtra, is ramping up its plans to apply blockchain tech across various spheres of administration.
- Crypto Map
Global investor sentiment toward the crypto industry seems to have shifted in recent years. Here’s how the regulations surrounding this space look in 2019…
- Expert Take
New Zealand has published a new ruling on salary and bonuses paid in crypto being subject to a pay-as-you-earn tax. But what does that actually mean?
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