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Regulation

Law firm files constitutional appeal over new South Korea cryptocurrency regulation

The law firm claims that regulating cryptocurrency trading without prior social consensus and legal framework is an infringement of property…

South Korean cryptocurrency exchanges revise policies to comply with new regulation

South Korean cryptocurrency exchanges have revised their policies to comply with the regulatory measures imposed by the country's government last…

Belarus takes progressive stance, recognizes bitcoin as legal currency, legalizes ICOs

The Republic of Belarus government has officially recognized bitcoin as a legal currency and has legalized initial coin offerings (ICOs),…

South Korea bans bitcoin futures trading, plans cryptocurrency taxes

South Korea's Financial Services Commission issued a directive that bans securities firms from acting as intermediaries for bitcoin futures transactions,…

Mexican Senate passes fintech law, seeks to regulate cryptocurrency firms

Mexico’s Senate approved a bill that would regulate the country's fast-growing financial technology sector, including crowdfunding and cryptocurrency firms.

Proposed US Senate Bill to criminalize concealed bitcoin ownership

The US Senate Judiciary Committee is currently taking a fresh look at bill S.1241, aimed at “Modernizing AML Laws to…

Israel Securities Authority Chairman voices concerns over ICOs

Israel Securities Authority (ISA) Chairmain Shmuel Hauser expressed his concerns regarding Initial Coin Offerings (ICOs) in a keynote speech at…

Iran takes first steps towards bitcoin adoption

The Iranian government is laying the groundwork for bitcoin adoption, according to Iran's Deputy Minister of Information and Communication Technology,…

Vietnam bans Bitcoin as payment method, adopters may be subject to prosecution

Vietnam's central bank has developed a legal framework for cryptocurrencies, following orders by Prime Minister Nguyen Xuan Phuc. According to…

“I see no basis for regulating cryptocurrencies,” Singapore central bank chief says

Singapore has no plans of regulating cryptocurrencies, but will remain on the lookout for money laundering and other illicit financing…