Law And Legislation

September 20th 2017

Malaysian Authorities Address Cryptocurrency

Bank Of Namibia Use Of Cryptocurrencies Prohibited Under Current Law
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Bank Of Namibia: Use Of Cryptocurrencies Prohibited Within Country

The Bank of Namibia announced that it considers the spending of cryptocurrency within the nation to be illegal and advised Namibians to be wary of malfeasance and other risk factors, should they choose to trade in cryptocurrency. The same report indicated that the Bank’s position on cryptocurrency is subject to revision pending future research.
Thai SEC Issues ICO Guidance
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Thailand's SEC Issues ICO Guidance

On Thursday, the Thai Securities and Exchange Commission released guidance on token offerings, explaining that in some circumstances, digital assets may be subject to securities regulation. In its statement, the regulator tried to strike a balance between fostering technological innovation and protecting investors.
china develop cryptocurrency path 1024x512 02 28 2017
News

People’s Bank of China Forbids ICOs

On Monday, the People’s Bank of China along with several government agencies released a statement declaring that initial coin offerings (token offerings) violate Chinese law. Companies that have raised capital through ICOs must return the funds to investors, decreed the Chinese agencies and central bank.
   

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