5 Crypto-Friendly Countries to Base Your Business

Choosing the best country to set up a business is vital in this digital age, and especially so for crypto companies. As governments around the world continue to learn more about cryptocurrencies and elect to either crack down on them or allow them to flourish, some jurisdictions emerge as being better than others for launching […]
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5 Crypto-Friendly Countries to Base Your Business

Report: Indian Government Finalizing Crypto Regulatory Framework

The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Report in ‘Finalization Stage’ The […]
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Report: Indian Government Finalizing Crypto Regulatory Framework

Russians to Be Allowed ICO Investments up to $9,000 per Year

Russian lawmakers have revised another bill regarding the regulation of the industry built around cryptocurrencies. In its latest version, the draft law on crowdfunding sets the maximum amount of money ordinary Russians will be permitted to invest in projects such as ICOs at less than $9,000 per year.      Also read: Lawyers to Help the […]
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Russians to Be Allowed ICO Investments up to $9,000 per Year

Switzerland to Relax Laws to Accommodate Blockchain and Cryptocurrency Startups

The Swiss government has announced a new legislative approach to blockchain regulation in an official report. The document recognizes the technology as one of the most important recent developments for the financial sector in stimulating the country’s economy. Also read: How Bitcoin Companies can Legally Operate in Switzerland A Swiss Innovation Paradise According to the […]
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Switzerland to Relax Laws to Accommodate Blockchain and Cryptocurrency Startups

Amid Crackdown, SEC Chairman Emphasizes Compliance Requirements for ICOs

Jay Clayton, the chairman of the U.S. Securities and Exchange Commission (SEC), recently discussed the current regulatory climate surrounding initial coin offerings (ICOs). Clayton emphasized that all ICOs must register with the SEC to ensure compliance with U.S. law. Also Read: Estonia to Tighten Rules for Licensed Crypto Companies Requirements for Regulatory Compliance The SEC chairman […]
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Amid Crackdown, SEC Chairman Emphasizes Compliance Requirements for ICOs

Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators

Thailand’s Securities and Exchange Commission (SEC) has warned the public against 14 websites whose operators have been soliciting customers to buy and sell cryptocurrencies and related products. The regulator says these operators are not authorized to conduct crypto business in the country. Currently, only seven companies are temporarily approved for crypto operations. Also read: Indian Supreme […]
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Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators

UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use

Christopher Woolard of the United Kingdom (UK) Financial Conduct Authority (FCA) has indicated that UK regulators are planning a “comprehensive response” to the illicit adoption of crypto assets amid increased adoption among local businesses and consumers. Despite announcing increased regulatory action regarding illegal use of crypto, Woolard stated he does not view crypto assets as […]
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UK Regulators Plan “Comprehensive Response” to Illicit Crypto Use

Indian Government Expects to Finalize Crypto Bill Next Month

The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be discussed by the inter-ministerial committee by next month. Also read: Yahoo! Japan Confirms Entrance Into […]
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Indian Government Expects to Finalize Crypto Bill Next Month

More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed

A growing number of companies are entering the cryptocurrency space in Thailand. However, they have not applied for approval from the Thai Securities and Exchange Commission (SEC), prompting the regulator to issue several warnings against unapproved operators. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Companies Entering Thai Crypto Space Since Thailand enacted its […]
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More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed

French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally Since 2014

France’s financial markets regulator, the Autorité des marchés financiers (AMF), has published a report examining trends relating to initial coin offerings. The AMF describes ICOs as a “marginal” method of financing, estimating that the global ICO industry has raised €19.4 billion ($21.9 billion) since 2014. Also Read: Russian Developers to Help Iran Build Its Crypto-Economy Significant […]
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French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally Since 2014

Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports […]
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Vietnam at Crossroads on Cryptocurrency Regulations

Bahamas Releases Discussion Paper on Crypto-Asset Regulation

The Central Bank of The Bahamas (CBOB) has released a discussion paper proposing how it intends to regulate digital assets. This includes initial coin offerings as part of efforts to eliminate the alleged threat of tax evasion, fraud and money laundering. However, when regulation eventually comes, it is likely that only a state-issued cryptocurrency will […]
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Bahamas Releases Discussion Paper on Crypto-Asset Regulation

Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s […]
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Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Taiwan Drafting National ICO Standards

The Taiwanese Financial Supervisory Commission is drafting a set of national standards for initial coin offerings. The regulator reportedly aims to make tokens as easy to invest and as liquid as stocks. The commission emphasizes that it “has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are not used as […]
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Taiwan Drafting National ICO Standards

Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]
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Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

Japanese Regulator to Host Regular Global Cryptocurrency Roundtable

Japan’s top financial regulator, the Financial Services Agency, has exclusively shared with news.Bitcoin.com the details of its first-ever roundtable on cryptocurrency oversight. Regulators from over 15 countries participated in the event to share information and discuss cryptocurrency regulatory issues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Roundtable for Global Regulators The Japanese […]
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Japanese Regulator to Host Regular Global Cryptocurrency Roundtable

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Websites Authorized to Sell Petro The […]
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Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

Hong Kong Regulator: Cryptocurrencies ‘May Not Qualify as Securities’

Cryptocurrency falls into a legislative gray area in many jurisdictions, which is why governments should take a particularly nuanced approach to developing regulatory frameworks for crypto trading, the outgoing chairman of Hong Kong’s securities regulator said in a recent interview. Also Read: Fidelity Launching Crypto Custody and Trading Services Key Challenge for Legislators “We have to […]
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Hong Kong Regulator: Cryptocurrencies ‘May Not Qualify as Securities’

FSB: Crypto-Assets Not a Threat to Global Financial Order

Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.  Also Read: Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ Report Advocates ‘Vigilant Monitoring’ In a […]
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FSB: Crypto-Assets Not a Threat to Global Financial Order

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has […]
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Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning