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New Jersey Introduces Bill to Regulate Cryptocurrencies at State Level

The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate.Assemblywoman Yvonne Lopez proposed the Digital Asset and Blockchain Technology Act on Feb. 20. The legislation would establish new requirements for virtual currency businesses and create consumer-friendly

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EU Official: We Can’t Regulate Libra Without More Details

The European Union is still trying to figure out what to do about Libra, according to a memo released Tuesday by European Commission Executive Vice-President Valdis Dombrovskis.The indecisiveness stems from a lack of actionable information. Specifically, Libra “lacks detail,” according to Dombrovskis. Despite repeatedly asking the Facebook-launched Libra Association for

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Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.In a document published on Friday, the government branch responsible for the digitization of Ukraine's economy listed the main principles of the country's approach to the crypto assets.The main goals for the government in

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Turkey’s Financial Watchdog Plans to Regulate Crypto Markets, Report Says

Capital Markets Board of Turkey has plans to regulate crypto transactions, according to local sources.Capital Markets Board of Turkey (CMB), the regulatory body overseeing securities markets in the country, is developing a guideline to observe, audit, and regulate the crypto markets in the country, major Turkish media outlet Hurriyet

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Singapore proposes to regulate bitcoin futures

Singapore’s central bank plans to bring bitcoin and other similar cryptocurrency futures traded on approved exchanges under its regulation in response to interest from international institutional investors, it said today.Market watchdogs worldwide have been debating whether and how they should regulate the cryptocurrency industry. Many have focused their attention initially

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