Category: Government

CFTC Chairman On Crypto Regulation: ‘I Don’t See It Being Resolved Anytime Soon’

CFTC chairman says there won’t be comprehensive legislation toward Bitcoin and other cryptocurrencies at a federal level any time soon. The US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo said he doesn’t see comprehensive crypto legislation coming from the federal level in the near future, CNBC reports April 30. In an interview on Monday,

US Federal Trade Commission To Offer Free Workshop On Crypto Scams

The US Federal Trade Commission will hold a summer workshop on consumer protection against crypto scams. The US Federal Trade Commission (FTC) will be holding a free workshop this summer titled “Decrypting Cryptocurrency Scams” according to a press release published today, April 30. The workshop’s main aim is to educate the public about risks in

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

Japanese regulators are considering whether registered cryptocurrency exchanges should be “allowed” to trade privacy-focussed altcoins, reports say 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

US: SEC Official Says ICO Regulation Should Be ‘Balanced’, Congressman Suggests Ban

An SEC official said that the approach to ICO regulation should be “balanced” at a committee hearing of the US Financial Services Committee. In a hearing at the US House of Representatives on Thursday, April 26, a regulator from the US Securities and Exchange Commission (SEC) and House Financial Services Committee members hotly disagreed over

New York Attorney General’s Office Launches Inquiry Into Cryptocurrency Trading Platforms

The New York Attorney General has required thirteen major cryptocurrency exchanges to provide information on their operations and internal controls. New York Attorney General Eric T. Schneiderman has launched the “Virtual Markets Integrity Initiative”, an “inquiry into the policies and practices” of digital currency trading platforms, according to a press release April 17. As part

Russian Gov’t Blocks 20 Mln IP Addresses To Ban Telegram, App Still Operational

The Russian government has blocked about 20 mln IP addresses to ban Telegram: dozens of unrelated services have suffered network failures, Telegram still works. After announcing the ban of encrypted messenger Telegram last Friday, Russian telecommunications watchdog Roskomnadzor (RKN) began blocking the app Monday, April 16. In order to ban access to the messenger, the