Cryptocurrency Analysis and News Portal
The Ukrainian Parliament has adopted legislation regulating foriegn and domestic cryptocurrency exchanges operating from within the country.On Sept. 8, the Ukrainian Parliament adopted the draft law “On Virtual Assets,” legally recognizing cryptocurrency in the country for the first time. The legislation is based on the existing standards developed by the
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A large-scale poll across 12 European Union member states revealed that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain. Against
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The Cuban government is reportedly planning to recognize and regulate cryptocurrencies for payments.According to Aljazeera, the Caribbean nation’s central bank will establish rules for mainstreaming cryptocurrency transactions. Cuban authorities are also expected to distribute relevant licenses to businesses based on the crypto-related services they provide.Some sources claim that the move
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David Schwartz, chief technology officer at Ripple Labs, says U.S. regulators’ response to the crypto industry may help XRP in the end but is also likely to hurt burgeoning companies.The Ripple CTO told Cryptox he believed many crypto and blockchain firms considering getting started in the United States or relocating
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Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold in light of the central bank’s decision to ban them, according to a report by the Guardian Nigeria.The regulatory body released a statement officially confirming any plans to regulate the cryptocurrencies are now
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The U.S. Treasury Department issued a statement following a virtual call with other G7 members. Source
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In a massive crackdown on fraud and money-laundering, Hong Kong has announced a ban on the retail trading of digital currencies, and will now for all
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Hong Kong’s government is seeking to change the rules for cryptocurrency trading firms operating or offering services within the city jurisdiction.A new consultation paper detailed by Clara Chiu, director of licensing at the Securities and Futures Commission (SFC), in a keynote speech at Hong Kong FinTech Week 2020 on Tuesday,
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