Category: Bitcoin Regulation

2018 Sees 550% Uptick in Exempt ICO Securities Offerings Filed With the US SEC: Report

2018 witnessed a significant uptick in the number of initial coin offerings (ICOs) authorized by the United States Securities and Exchange Commission (SEC) to sell securities to large-scale investors, according to financial news channel MarketWatch, Jan. 11. MarketWatch reportedly compiled its data for 2018 by searching the SEC’s Electronic Data Gathering, Analysis, and Retrieval (EDGAR) […]

French Financial Regulator Blacklists Four Crypto Websites for Unauthorized Offerings

The French stock market watchdog, the Financial Markets Regulator (AMF), has blacklisted four crypto-related websites for unauthorized investment offerings, according to an official statement published Friday, Dec. 14. The AMF announcement notes nine companies that are allegedly operating without necessary regulatory approval, including four crypto-related firms. In the announcement, the stock market regulator warns investors […]

G20 Country Leaders Call for International Cryptocurrency Taxation

The G20 countries have called for the taxation of cryptocurrency, as well as its regulation to combat money laundering, Japanese news outlet Jiji.com reports Dec. 2. According to Jiji.com, the final text of a document jointly delivered by G20 leaders calls for “a taxation system for cross-border electronic payment services.” The article then specifies that […]

Circle Joins Industry Body for Developing Global Crypto Standards

Crypto finance company Circle has joined the Global Digital Finance (GDF) industry body as a founding member to develop a global “Code of Conduct” for crypto, according to a press release shared with Cointelegraph on Wednesday, Oct. 31. Circle has confirmed participation with the GDF on Twitter, stressing the company’s commitment to developing standards for […]

Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies

The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19. Paris-based FATF, also known as Groupe d’action financière (GAFI), is an intergovernmental organization established in 1989 on the initiative of the G7 to set standards and promote […]

Japanese Financial Watchdog Launches Investigation Following $60 Million Exchange Hack

The Financial Services Agency (FSA) of Japan has launched an investigation after $60 million worth of cryptocurrencies were allegedly stolen from local crypto exchange Zaif, Cointelegraph Japan reports Friday, September 21. According to the report, the FSA has sent its staff to Tech Bureau — Zaif’s parent company based in Osaka — to verify whether […]

Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

Co-founder and head of research at Fundstrat Global Advisors, Thomas Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market still “faces significant internal resistance and hurdles within traditional financial institutions,” Bloomberg reports May 18 Having accurately predicted the growth of crypto […]

Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says

Japanese regulators suggested preventing cryptocurrency exchanges from trading anonymity-oriented altcoins Dash (DASH) and Monero (XMR) this month, Forbes reports today, April 30. Relating the outcome of a working group meeting of industry “experts” and the country’s regulator the Financial Services Authority (FSA), the publication quotes one member of the group raising the idea of preventative […]

Delhi High Court Seeks Response From Central Bank On Recent Crypto Ban, Report Says

The High Court of Delhi has reportedly issued a notice to the Reserve Bank of India (RBI), the Ministry of Finance, and the Goods and Services Tax (GST) Council alleging that RBI’s decision to end dealings with crypto businesses violates the constitution, local news outlet Times of India reports today, April 22. The High Court’s […]