Regulation

Europe

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

Policy & regulation  ·  4 October 2019
Regulation

US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

Policy & regulation  ·  4 October 2019
Regulation

Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

Policy & regulation  ·  3 October 2019
Japan

Japan’s Financial Regulator Issues Draft Guidelines for Funds Investing in Crypto

The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front.

Markets  ·  3 October 2019
Regulation

Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts

The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.

Policy & regulation  ·  3 October 2019
Regulation

Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist

St. Louis-based Mavixbtc allegedly promised 55-percent returns and falsely claimed to be registered with two watchdog organizations.

Policy & regulation  ·  3 October 2019
Europe

European Competition Watchdog Fears Libra’s ‘Closed Economy’

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

Policy & regulation  ·  3 October 2019
Regulation

Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto

Democratic blockchain and crypto enthusiast Agatha Bacelar is challenging House Speaker Pelosi on a tech-focused platform.

Policy & regulation  ·  2 October 2019
Exchanges

Coinbase-Led Group Aims to Help Crypto Firms Avoid Securities Violations

Coinbase, Circle, Genesis and more are developing a ratings system aimed to flag crypto assets that are similar to securities.

Policy & regulation  ·  30 September 2019
Regulation

Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

Policy & regulation  ·  30 September 2019
Bitcoin

Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining

As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail.

Policy & regulation  ·  27 September 2019
Regulation

Harbor’s Regulatory Wait Ends as FINRA Awards Broker-Dealer License

Harbor's broker-dealer licensing breaks a lengthy standoff between aspiring crypto broker-dealers and the U.S. regulators who approve them.

Policy & regulation  ·  27 September 2019
Europe

Facebook-Led Libra Could Be Boon to UN, Says Crypto Project’s Chief

The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.

Policy & regulation  ·  27 September 2019
Regulation

Spencer Dinwiddie Could Decentralize Pro Sports – If Accredited Investors Want In

Brooklyn Nets guard Spencer Dinwiddie aims to raise $13.5 million by tokenizing part of his NBA contract. Will investors take the shot?

Policy & regulation  ·  26 September 2019
Regulation

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Policy & regulation  ·  26 September 2019