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US Fed: We’re not really interested in regulating cryptocurrencies

Cryptocurrency market wrap up - A good week for the big players

Cryptocurrencies are not currencies, and are only a drop in the monetary ocean says the chairman. The US Federal Reserve Chairman Jerome Powell has said that cryptocurrency legislation is not specifically top at the organisation’s to-do listing, noting that they are not big enough to pose a danger to monetary …

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Ethereum is not a safety, tokens can change category SEC says

Anonymous cryptocurrency PIVX makes world first tech breakthrough

The SEC simply introduced a very company dose of rationalization to the cryptocurrency markets. US Securities and Exchange Commission (SEC) director of company finance William Hinman has just clarified that the SEC will not be categorising Ethereum or bitcoin as a safety, and that tokens can change serve as and …

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Genesis acquires the famously onerous New York BitLicense

New York AG launches investigation of cryptocurrency exchanges

Genesis has grow to be the 5th company to score one in every of the hardest crypto licenses round. Genesis has grow to be one in every of the few cryptocurrency exchanges to reach a New York BitLicense. The debatable license used to be is obligatory for exchanges that wish …

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China has opposite attitudes towards cryptocurrency and blockchain

IOTA Ecosystem introduced: The new nerve centre of IOTA development

Strong sure to blockchain all over, grudging acceptance of cryptocurrency’s life, onerous no to ICOs. In an interview with Finance Magnates, Desmond Marshall, managing director of Hong Kong fintech construction corporate The Floor, defined that China’s attitudes towards blockchain generation and cryptocurrency are at polar opposite ends of the spectrum. …

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South Korean lawmakers confirm plan to re-legalise cryptocurrency ICOs

South Korean lawmakers confirm plan to re-legalise cryptocurrency ICOs

The timeline is imprecise, however implementation may see a surge of hobby in ICO platforms like Ethereum. South Korea is making plans to transfer to re-legalise ICOs, Korea Times reports, reversing the cushy ban that in the past landed for citizens of the rustic. The laborious main points launched in …

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ASIC announces action on misleading or deceptive conduct in ICOs

How cryptocurrency is disrupting the arts and collectibles industry

ASIC has already taken action towards suspicious ICOs. ASIC chairman John Price recently warned that Australian consumer law would apply to ICOs, even if they were extended from overseas. On 1 May ASIC announced that this could get started taking the type of a crackdown on deceptive or misleading conduct …

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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 …

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China’s cryptocurrency crackdown made its exchanges grow faster

China's cryptocurrency crackdown made its exchanges grow faster

Tighter rules noticed China’s cryptocurrency exchanges pursue speedy international growth via necessity. In September 2017 phrase got here down from China’s monetary regulators that ICOs had been unlawful, and that exchanges would wish to stop fiat-to-crypto order e book buying and selling via 16 September, CoinDesk reports. Trading volumes dropped …

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