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Brazil Authorities to Adapt Cross-Sector Regulations to React to Digital Transformation

Major government and financial authorities in Brazil have teamed up to develop a regulatory sandbox model targeting new technologies such as blockchain, Cointelegraph Brazil reports on June 13.The new regulatory initiative brings together the Central Bank of Brazil, the Securities and Exchange Commission (CVM), the Superintendence of Private Insurance

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Crypto Advocacy Center Says Proposed UK AML Regulations Violate Privacy Rights

Coin Center — a nonprofit research and advocacy center focused on crypto-related public policy issues — has urged Her Majesty’s Treasury not to over-broaden the scope of the United Kingdom’s anti-money laundering/counter terrorism financing (AML/CFT) regulations.The development was revealed in an official Coin Center news release published on June

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Examining Australia’s Updated Regulations for ICOs and Crypto Trading

The Australian Securities and Investment Commission (ASIC) on May 30, 2019 published an updated guideline for initial coin offerings (ICOs) and cryptocurrency trading. These new guidelines are aimed at helping cryptocurrency-related businesses understand their compliance requirements vis-à-vis existing laws contained in the Australian Corporations and ASIC Acts.The ASIC’s revampled ICO and cryptocurrency trading

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Japanese Parliament Moves New Crypto Regulations to the Upper House

The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 According

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Poloniex Stops Offering Nine Coins in US Due to Uncertain Regulations

Leading cryptocurrency exchange Poloniex will stop offering nine coins to United States-based customers due to uncertain regulations, according to a blog post published on May 16.Starting from May 29, Poloniex will stop offering trading in Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT),

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U.S. Presidential Candidate Andrew Yang Talks Bitcoin (BTC), Crypto Regulations

U.S. Presidential hopeful Andrew Yang recently spoke at CoinDesk’s Consensus 2019 event, where he shared his thoughts on Bitcoin and the government’s role in cryptocurrency regulations. According to reports by those at the event, Yang came across well to the audience and even joked about the possibility of creating a

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FinCEN Clarifies Money Transmission Regulations Pertaining to DApps

The United States Financial Crimes Enforcement Network (FinCEN) has issued new guidance that contains its financial regulation policies concerning Decentralized Applications (DApps) on May 9.In the introduction to the guide, FinCEN notes the guide serves to clarify and provide examples to make compliance easier for entities whose activities fall

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US Presidential Candidate Andrew Yang Calls for Clear Crypto Regulations

Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, is advocating for clear regulations on digital assets. Yang put the key operative points in a policy published on his campaign website.Yang — an entrepreneur who contributed $120,000 to establish Venture For America (VFA), an accelerator aimed

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