Home / legislation

legislation

New Australian cryptocurrency rules: Industry responds

Cryptocurrency SMSF: ATO creates guidelines on crypto super

What are business insiders pronouncing concerning the new Australian cryptocurrency rules? Australia has simply began imposing a new set of industry guidelines for cryptocurrency exchanges, as of three April. The new rules make it necessary for virtual forex change companies to satisfy anti-money-laundering and counter-terrorism financing (AML/CTF) pointers. Cryptocurrency exchanges …

Read More »

Legislator introduces “The New York Cryptocurrency Exchange Act” bill

Legislator introduces "The New York Cryptocurrency Exchange Act" bill

The new law is designed to switch New York’s unpopular BitLicense process. New York legislator Ron Kim (D) representing New York’s 40th district has unveiled a brand new bill that targets to raised keep an eye on the state’s cryptocurrency exchanges, making improvements to their security and safety whilst concurrently …

Read More »

Why the SEC is unlikely to pursue its announced crypto regulations

How cryptocurrency is disrupting the arts and collectibles industry

The information stands to shutter US primarily based exchanges, however the perhaps end result is one thing else completely. “If a platform offers trading of digital assets that are securities and operates as an “alternate,” as defined by the federal securities laws, then the platform must register with the SEC …

Read More »

OECD consultant: Cryptocurrency exchanges over-regulate themselves

OECD consultant: Cryptocurrency exchanges over-regulate themselves

Legal ambiguity has cryptocurrency exchanges strictly self-regulating extra successfully than many banks. Cryptocurrency exchanges were doing above-par due diligence, says Joseph Weinberg, a distinct adviser to the multinational Organisation for Economic Co-operation and Development (OECD) suppose tank, and chairman of the Shyft Network, which specializes in making improvements to the …

Read More »