Tag: Regulation

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New Jersey Introduces Bill to Regulate Cryptocurrencies at State Level

A New Jersey lawmaker files a bill for new regulations in the virtual currency industry. The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. Assemblywoman Yvonne Lopez proposed the Digital Asset and Blockchain Technology Act on Feb. 20. The legislation would…
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Japan the Next Country to Mint a Digital Currency?

Authorities in the 3rd-largest economy are meeting to discuss adopting a digital currency. With finance ministers and central bank governors having recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and Financial Services Agency (FSA) have held a number…
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CFTC Joins the Telegram Vs. SEC Case, Shedding Light on Likely Verdict

With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC. The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the…
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Expert Says New Blockchain Regulation Should ‘Nudge’ Rather Than Push

Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain, a new paper argues. Regulators should aim to influence public behavior rather than rule with an iron fist when it comes to emerging industries such as blockchain. Two Israel-based academics, Hada Jabotinsky…
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Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField

Blockchain analytics firm Chainalysis partners with CoinField exchange to add enhanced AML technology. Amid a tightening regulatory scene in crypto, blockchain analytics firm Chainalysis has joined up with digital asset exchange CoinField. CoinField plans to use Chainalysis technology to help with its Anti-Money Laundering, or AML, practices, Chainalysis announced on Feb. 20. Crypto leaves the…
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No Bitcoin ETF Yet: A Deep Dive Into the Situation in the US

Several entities with pending crypto ETF proposals in the U.S. give their thoughts as to why no such crypto product has yet passed the test with the SEC. Over the past several years, many entities have submitted proposals for regulated Bitcoin (BTC) exchange-traded funds, or ETFs in the United States. So far, the Securities and…
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New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa lets users spend privacy-focused altcoin Monero on its prepaid cards. Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical…
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First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

Ukrainian cryptocurrency exchange Kuna has launched a hryvnia-pegged stablecoin, UAX for open beta testing. In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the…
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Brave Browser Wants the UK to Use GDPR to Crack Down on Google

Brave Browser wants the UK to Crack Down on Google Using GDPR or will take it to court. The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the United Kingdom’s consumer protection agency, Brave argued that the country’s…
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Belgian Regulator Adds New Crypto-Related Businesses to Its Blacklist

Belgium’s Financial Services and Markets Authority has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. Belgium’s Financial Services and Markets Authority (FSMA) has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity. The FSMA made the update following a number of complaints from Belgium-based users who dealt with fraudulent offers of investment…
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