Wyoming Passes Blockchain Bank Bill Despite Industry Opposition

Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. 13-1 Majority to Pass the Bill The state of Wyoming has a reputation for being welcoming towards blockchain technology. This reputation was strengthened by a legislative […]

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France Considers a Flat Capital Gains Tax for Bitcoin

The finance commission in France’s lower house of parliament has reportedly backed plans to decrease taxes on bitcoin sales, putting it on the same level as the standard capital gains tax. 30% Flat Tax on Bitcoin Gains Reuters reports that the finance commission in the lower house of the French parliament has backed plans to […]

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Cryptocurrency Is Not Conducive for Terrorism, Says Defense Expert to Us Congress

Despite tired rhetoric that speaks to the contrary, cryptocurrency is an inefficient form of money for terrorist organizations. However, one expert believes the U.S. ought to take steps to prevent its adoption as a sanctuary financial conduit for global terrorist networks. Not Many Cryptocurrency ATMs in Rough Terrain, Mountains According to Yaya Fanusie, a senior […]

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SEC Will Review Wednesday Decision to Reject BTC-ETF Proposals

The SEC has decided to review yesterday’s orders denying approval of numerous Bitcoin exchange traded funds. Is There a Light at the End of the Tunnel? In what is sure to be surprising news for all, the U.S. Securities and Exchange Commission (SEC) has decided to place a stay on three orders that rejected Bitcoin […]

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International Watchdog to Introduce Binding Regulations for Cryptocurrency Exchanges

Georgi Georgiev · June 14, 2018 · 1:00 am The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month. Reuters reports that the Paris-based agency – comprised of 37 countries – will meet […]

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Swiss Government Orders Preliminary Report on State-Issued E-Franc Cryptocurrency

Osato Avan-Nomayo · May 19, 2018 · 12:00 pm The Swiss government appears to be taking concrete steps in going forward with its plans to create a state-issued cryptocurrency. The government of the Alpine nation has requested a preliminary report on the risks and opportunities of the e-franc. Switzerland is one of the crypto-friendliest countries […]

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FUD No More: South Korea Set to Adopt G20’s Unified Cryptocurrency Regulations

Adam James · May 19, 2018 · 12:00 am As the G20 works to create a set of “unified regulations” in regards to cryptocurrencies, the government of South Korea — the third largest cryptocurrency market in the world — reportedly plans on playing ball with whichever policies the international forum of governments and central bank governors put […]

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Easing Regulations Bring 4000 New Bitcoin ATMs to Argentina

Emilio Janus · May 2, 2018 · 1:00 am The Central Bank of the Argentine Republic (BCRA) has this month eased regulations regarding automatic teller machines in the country. The (perhaps unexpected) upshot of this has been a plan to install 4000 new crypto-enabled ATMs. Rules, Rules, Rules The new regulations do not contain any direct […]

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New SEC Report: Cryptocurrency Exchanges Trading Security Tokens Must Register

Ashour Iesho · March 11, 2018 · 12:00 am The Securities and Exchange Commision (SEC) has issued a new report warning about the dangers of unregulated crypto exchanges and stated that all trading platforms exchanging digital assets that are considered securities must register with the SEC.  Does That Mean ALL Exchanges Have to Register with the […]

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