Regulation

The US Commodity Futures Trading Commission (CFTC) published a new set of regulations for derivatives assets, including cryptocurrencies. The agency is developing comprehensive rules for digital assets to promote innovation in the field.CFTC’s New Legislation For CryptocurrenciesThe CFTC is the US’s derivatives regulator. According to the chairman, Heath P. Tarbert, derivatives, including futures, swaps, and options, “provide critical risk management and price discovery tools that can promote...

[Featured Content]Guarda was officially registered in the European Union back in 2017 and has been focusing on building an ecosystem of blockchain-related products ever since.The company has an FIU license under the registration number FVR000109 for virtual currency against fiat currency exchange, and it’s compliant with the regulations of each jurisdiction where it operates.It has an extensive list of products, and it’s among the well-known companies in the field. Its portfolio...

The well-known lobbyist and ex-convict Jack Abramoff had agreed to plead guilty to a cryptocurrency scam. He was operating an alleged Bitcoin fraud case that was violating existing federal lobbying disclosure regulations.Parallel Charges Against NAC, Rowland Andrade, and AbramoffOn Thursday, the U.S. SEC announced its charges against both the chief executive of NAC Foundation, Rowland Marcus Andrade, and Abramoff. The accusations consist of operating a conspiracy scheme making false and...

A new report informed that the New York State Department of Financial Services (NYDFS) had proposed new licensing rules that could ultimately facilitate companies to engage in any cryptocurrency business in the state.NYDFS to Ease Crypto BusinessThe New York Post reported earlier today that New York’s regulator is asking for the public’s opinion about the proposed legislation, which could ease the regulations on cryptocurrency-related business operations. Locals have until August 10th to...

ING bank has offered the Travel Rule Protocol (TRP), a crypto-friendly regulation, that will help the Financial Action Task Force (FATF) to improve the travel rule requirement for crypto firms.Netherland based retail bank ING that admires blockchain technology has come up with a protocol to help the Financial Action Task Force (FATF) with its travel rule requirement for crypto firms. ING Bank proposed solution dubbed Travel Rule Protocol (TRP), a crypto-friendly regulation that has been...

A local report indicates that South Korea’s Minister of Finance and Economy believes that the country should impose a tax on cryptocurrency trading and investing. He added that South Korea has been discussing with other countries the introduction of a new digital law.South Korea To Impose Tax On Crypto?The Asian country has been rather indecisive regarding whether or not to tax cryptocurrency profits. At the start of the new decade, the Ministry of Economy and Finance said that the existing...

In this article, we will take a look at the role that cryptocurrencies play today and at the changes that may happen for them in the future.More and more things are going online these days and monetary transactions and business are no exception. You have probably heard about cryptocurrency and all the potential it supposedly possesses. Maybe you are thinking of investing in it or perhaps even mining it yourself. Cryptocurrency can be difficult to get a proper grasp on, but essentially...

Dada Nexus (DADA) went public after being listed on Nasdaq with a share opening price of $16. During the IPO celebration, CEO Philip Kuai said that the company welcomes better auditing and regulation of the stock market.After filling to raise $264 million from the sale of ADSs at the beginning of the month, Chinese grocery delivery company, Dada Nexus Ltd (NASDAQ: DADA) was successfully listed on Nasdaq last Friday. The Walmart Inc (NYSE: WMT) affiliated company is confident to continue with...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 896. Heute sprechen wir über folgende Themen: Bitcoin Dip verursacht durch Miner Kapitulation, Krypto-Browser verdoppelt Nutzerzahlen & Strengere Regulierung für Bitcoin ATMs. 1.) Capitulation by Unknown Miner ‚Caused the Dip,‘ Says CryptoQuant CEOhttps://cointelegraph.com/news/capitulation-by-unknown-miner-caused-the-dip-says-cryptoquant-ceo 2.) Krypto-Browser verdoppelt...

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...