Regulation

Cryptocurrency Regulatory News

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Senate of Canada Calls for Soft Approach to Cryptocurrency Regulation

The Senate of Canada has recently set its sights on cryptocurrency and the technology that surrounds it and the Senate Committee on Banking, Trade and Commerce has compiled a report on the threats and opportunities accompanying it. “Digital Currency: You Can’t Flip This Coin!” is the product of collaboration between...
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New Cryptocurrency Rules Discussed by Japan’s Financial Services Agency

On Monday, the Japanese Financial Services Agency panel decided that Japan needed to improve its oversight mechanism for cryptocurrencies. Back in June, the Japanese government started to consider new regulations to combat the threat of virtual currencies being used for terrorist funding, money laundering and other illegal activities. Cryptocurrency exchange...
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US Blockchain Alliance Forms to Combat Criminality, Gets Mixed Reception among Bitcoiners

The Chamber of Digital Commerce and Coin Center have established a forum, called the Blockchain Alliance, to help combat criminal activity involving bitcoin and the blockchain. The organization is comprised of a coalition of companies and other institutions that have come together to address public safety concerns about digital currencies and the blockchain. Jason Weinstein,...
Regulation

Isle of Man Starts Digital Currency Biz Licensing by End Oct 2015

The government of the Isle of Man will begin issuing "Designated Business Licensing" for digital currency businesses by the end of October 2015, according to Merkletree.io. Various activities involving digital currencies, such as issuing, transmitting, transferring, providing custody or storage, administering, managing, lending, buying, selling, exchanging or trading, will require...
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OpenBazaar Accuses CNN of False Reporting on Europol Brief

Sam Patterson, a co-founder of Bitcoin marketplace OpenBazaar and its commercial unit OB1, accuses CNN of falsely covering a Europol report on cybercrime. In the October 2nd article, titled “Police: High-tech criminals have us outmatched and outgunned,” CNN Money reports Europol's findings that criminals are increasingly using the Bitcoin ecosystem as a means to transfer...
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Blockchain’s SE Asia Tour with UK PM Cameron – Global Bitcoin Education “Nowhere Close to Being Done”

Leading bitcoin wallet provider Blockchain recently joined UK Prime Minister David Cameron's delegation of top-tier UK companies touring Indonesia, Singapore, Vietnam and Malaysia. As announced by the Prime Ministers office, Cameron invited Blockchain along with Earthport and Pennies as a part of his commitment to make the UK the leading...
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World Econ Forum Classifies Blockchain Tech as Payment Disruptor, Mandates “Beat Them or Join Them” Research

The World Economic Forum (WEF) recently published a report titled "the Future of Financial Services" that looks at how disruptive innovations are reshaping the structuring, provisioning, and consumption of financial services. In the report. cryptocurrencies and blockchain technologies featured as innovations that will present challenges for financial services stakeholders. It is...
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