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Friday Jan 19th 2018
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Law And Legislation

Latest Ethereum and Blockchain News

NEWS
law and legislation

Venezuelan Congress Invalidates Petro Cryptocurrency

Jan 10th, 2018
Matthew De Silva
Days after President Nicolás Maduro announced the issuance of 100 million petro coins, the opposition-run Venezuelan parliament decreed that the proposed cryptocurrency violates the constitution, as borrowing must be approved by the legislature.
law and legislation

Ethereum Creates Trust Between Brazilian Citizens And Government

Jan 6th, 2018
Jordan Daniell
Two Ethereum Foundation members living in Brazil have formed an unlikely trio with a Brazilian legislator to use the blockchain in an effort to streamline the nation’s unique petition process.
NEWS
law and legislation

Reacting To Bitconnect, Texas Commissioner Files Emergency Cease-And-Desist Order

Jan 5th, 2018
Jeremy Nation
BitConnect has drawn the attention of regulators who want to stop it from soliciting cryptocurrency investment services to Texas residents.
NEWS
law and legislation

No Ban On Cryptocurrency, Says Malaysian Official

Jan 2nd, 2018
Jordan Daniell
Malaysia’s deputy finance minister has clarified the country’s position on cryptocurrencies. There will not be a blanket ban against crypto.
NEWS
law and legislation

Russian Finance Ministry Reveals Regulatory Limitations For Token Offerings

Dec 28th, 2017
Jeremy Nation
Russian lawmakers issued limitations for investors and businesses initiating token offerings.
NEWS
law and legislation

Senate Confirms Hester Peirce As SEC Commissioner

Dec 27th, 2017
Matthew De Silva
The nation’s securities market regulator will soon be operating at full capacity.
law and legislation

Central Banks And The Regulation End Game For Cryptocurrency

Dec 30th, 2017
Jordan Daniell
As cryptocurrency continues its bull run into 2018, we ask how much longer can central banks avoid the tricky question of regulation? What influences their reasoning and how their regulation might manifest?
NEWS
law and legislation

South Korea's FTC Drops In On Cryptocurrency Exchanges

Dec 22nd, 2017
Adam Reese
The South Korean Fair Trade Commission is conducting in-person investigations into 13 of the country’s leading cryptocurrency exchanges. Other government bodies are planning to undertake further measures aimed at protecting citizens who trade in digital assets.
NEWS
law and legislation

Tax Cut Bill To Require Taxation Of Cryptocurrency Trades In US

Dec 21st, 2017
Adam Reese
A bill which President Trump is expected to sign will subject cryptocurrency trading in the United States to capital gains tax.
NEWS
law and legislation

BREAKING: CFTC Issues Request For Comment On 'Actual Delivery' Of Retail Commodity Transactions Of Virtual Currency

Dec 15th, 2017
Matthew De Silva
On Friday, the CFTC proposed an interpretation for the term “actual delivery” set forth in the Commodity Exchange Act pursuant to the Dodd-Frank Act. The commission requested comment on its proposed interpretation and treatment of virtual currency transactions.
NEWS
law and legislation

Registration Requirement Imposed On Bitcoin Miners By Venezuela Government

Dec 15th, 2017
Jeremy Nation
Amid raids and arrests, a decree from Venezuelan officials says miners of bitcoin will be required to register with the state.
NEWS
law and legislation

Senator Wyden Submits Letter To FinCEN On Cryptocurrency Monitoring

Dec 14th, 2017
Matthew De Silva
On December 14, 2017, Senator Ron Wyden sent a letter to the US Treasury Department’s Financial Crimes Enforcement Network to inquire about its oversight and regulation of cryptocurrency transactions.
NEWS
law and legislation

South Korea Considers Capital Gains Tax For Cryptocurrency

Dec 13th, 2017
Matthew De Silva
On Wednesday, a collection of South Korean ministries held an emergency meeting to discuss cryptocurrency. The country’s regulators may institute a capital gains tax on cryptocurrency and prevent youngsters from signing up for trading platforms.
NEWS
law and legislation

Alexander Vinnik Faces Extradition To US From Greece

Dec 13th, 2017
Jeremy Nation
A Greek supreme court has approved US extradition requests for alleged BTC-e operator Alexander Vinnik.
NEWS
law and legislation

Petition For Payouts: New Development In MtGox Case

Dec 13th, 2017
Jeremy Nation
Creditors to MtGox are petitioning a Tokyo court to re-examine the status of the exchange in an effort to obtain payouts and stop disgraced former chief executive officer Mark Karpeles from profiting as a result of the scandal.
NEWS
law and legislation

Korean Regulators Lay Down The Law For Cryptocurrency Exchanges

Dec 12th, 2017
Jeremy Nation
While there is a surge of interest in cryptocurrencies from South Korean investors, government regulators issue fines and conditions.