Category: Bitcoin Regulation

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: ICO Market Is Example Of Unregulated Securities Market, Says SEC Commissioner

The US SEC commissioner said the agency’s priority in crypto markets is consumer protection. US Securities and Exchange Commission (SEC) Commissioner Robert Jackson highlighted consumer protection regarding Initial Coin Offerings (ICO) in an interview on CNBC today, April 30. When asked about cryptocurrencies and ICOs, Jackson said that he hasn’t yet seen an ICO that

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

Morgan Stanley Research: Defined Regulations Main Factor For Crypto Exchanges When Choosing Country

Well-defined, not necessarily lenient regulations are the main factor for crypto exchanges in deciding which country to settle in, say Morgan Stanley researchers. Thanks to its well-defined regulatory framework, Malta now accounts for the largest share of cryptocurrency trading volume in the world. This conclusion comes from a Business Insider report Sunday, Apr 29, that

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

Philippine Senator Demands Harsher Penalties For Crypto-Involving Crimes After Local Scam

A Philippine Senator has stressed the priority of imposing stricter penalties for crimes involving crypto. Philippine opposition Senator Leila de Lima is pushing fellow senators to move forward with her bill to impose stricter penalties for cryptocurrency-related crimes, according to a press release from the Philippine Senate published April 16. De Lima, a former justice