BTC $10193.27 -5.64%
ETH $187.88 -6.05%
XRP $0.266511 -4.73%
Witnessing the digital breakthrough


What Will Happen to Cryptocurrencies After the G20 Summit
Forecasts   |   09.08.19  |  

A month ago, the G20 met in Osaka to discuss a number of issues, including cryptocurrency regulation. Bitnewstoday uncovers what has changed for the crypto community since the summit The summit in Japanese Osaka resulted in a declaration signed by the participating countries. A separate 17th chapter is devoted to cryptocurrencies....

SEC Chairman Answered Questions Concerning the Regulation of the Crypto Industry
Legislation   |   07.06.19  |  

Many crypto enthusiasts believe that the Commission deliberately resists the creation of a clear regulatory framework Appearing on CNBC’s “Squawk Box”, SEC Chairman Jay CLAYTON commented on concerns about the creation of a clear regulatory framework for cryptocurrencies. Such a framework would help legitimize Bitcoin and the altcoins that are populating global blockchain-based digital economy. To date, the Commission has rejected a number of Bitcoin ETF proposals by VanEck, Gemini and Bitwise,...

German Regulator BaFin Suspects CoinBene In Illegal Activities
Exchanges   |   29.05.19  |  

Germany's financial regulator BaFin claims that CoinBene recruits freelance traders who receive commissions for their activity BaFin, Germany's financial regulator, has issued a public warning concerning cryptocurrency exchange CoinBene on May 28. The regulator claims that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin also states that the crypto assets are considered as financial instruments, thus trading them requires authorization under Germany’s Banking...

Brazilian Сrypto Industry: Interest Is Growing, Regulation Is Stagnating
Brazil   |   26.04.19  |  

Regulators are still not active in the development of crypto industry in the country. Everything is carried forward by enthusiasts who face different barriers Brazil, or the Federative Republic of Brazil, is a Portuguese-speaking state in South America with a population of more than 200 mln people. It’s the fifth largest country in the world and the sixth in terms of population. The Brazilian economy ranks ninth in the world in terms of nominal GDP and seventh in purchasing power parity. The country...

The Wind Of Change Reached The Indonesian Crypto industry. Does It Bring The Bright Future?
Regulation   |   12.04.19  |  

In 2017, the country imposed a ban on cryptocurrencies, and the Central Bank constantly warned about the risks of investing. However, it seems that thaw is to happen in this jurisdiction Indonesia is a country in Southeast Asia, located on the islands of the Malay Archipelago and the western part of New Guinea Island, with an agrarian-industrial economy. In terms of national competitiveness in 2010, it ranked 44th in the world and rests here mainly due to oil sales on the world market. The most...

Mexican Crypto Industry Trapped In "Catch-22." Will The Regulation Paradox Change?
Regulation   |   28.03.19  |  

The development of crypto industry in Mexico is under threat. In early March, the Central Bank published a circular prohibiting fintech companies from operating with cryptocurrencies Mexico, or the United Mexican States, is one of the most economically significant and developed countries in America. The state participates the North American Free Trade Zone (NAFTA), developing strongly due to the foreign trade. Mexico is characterized by the development of agro-industry (plant growing) and the mining...

DATO For ICO: Are The Philippines Looking For The Perfect Set Of Regulations?
Regulation   |   27.02.19  |  

Since 2014, the Philippines has become one of the cryptocurrency development driving countries. However, regulatory issues are still not fully implemented The Philippines is a republic in Southeast Asia, which gained its independence from Spain at the end of the 19th century and became a part of the USA. The Philippines got its liberty from the United States in 1946. This country is one of the founders and an active member of the United Nations, and the state attends the Security Council regularly...

SEC Clarifies That Not All Tokens Could Be Considered As Securities
Legislation   |   11.02.19  |  

SEC Commissioner Hester Peirce expressed such opinion; she referred to the Howey test as a tool for classifying tokens. Is this a sign of the regulator loosen tight grip? SEC states that tokens distributed within a functioning network are not securities. This opinion was expressed by SEC Commissioner Hester PEIRCE , known for defending the possible existence of Bitcoin ETF last year. There was a transcript of the speech published on SEC’s official website, regarding the rules for tokens and their...

Malaysia Legalized ICO And Tokens. Details To Be Approved In March
Regulation   |   08.02.19  |  

Malaysia was on the list of those countries where regulators took a wait-and-see position, despite statements made at the end of 2017. It looks like it's time to change Malaysia is an amazing Asian state, the federal constitutional monarchy which consists of 13 states and three federal territories. It became independent in the 20th century, and since that time until 2005, the country has enjoyed good economic development with average annual GDP growth of around 6.5%. In the early 1980s, Malaysia...

What To Consider To Avoid Problems With ICO Launching in 2019
Guest-posts   |   04.02.19  |  

... Luxembourg, and Lithuania. Switzerland, however, stands out from the list, because it has the best conditions for holding an ICO. Although it’s only on the 4th place in terms of number of ICOs held in it, friendliness of regulators and a history of cryptocurrency regulation are much more important here. A liberal approach to the regulation, the possibility of direct access to government and decentralized ideals are among the main advantages of the country. However, choosing the most comfortable ...

1 2