FinCEN Penalizes Crypto Trader for Violating Anti-Money Laundering (AML) Rules
The United States regulatory body (FinCEN) released a report stating that crypto trader, Eric Powers, did not comply with the Bank Secrecy Act’s (BSA)...
Is Rhode Island Looking To Adopt Blockchain Technology?
Rhode Island has issued a request for proposals which is designed to see the viability of implementation of blockchain technology.
Rhode Island has issued a...
Will The Token Taxonomy Act Bring Regulatory Clarity? Investors Hope So
Two U.S. Congressmen, Warren Davidson and Darren Soto, are looking to bring regulatory clarity to the markets by introducing a bill called the “Token...
Russia’s Central Bank might Launch its own Digital Currency
At a student conference, Chairwoman Elvira Nabiullina said such a project may not be realized immediately. But various central banks, including Bank of Russia,...
SEC to Freeze Assets Connected with $ 15M ICO Fraud
The SEC case filed against the New York-based man says that he performed transactions with a fraudulent and unregistered ICO. The SEC also requests...
Does Bitcoin’s Finite Supply Cause Regulatory Issues?
In an interview with Business Insider, Terry Duffy, CME Group’s Chairman and CEO, talks about regulation issues in the cryptocurrency space and how we...
Did India Just Get Handed A Crypto Lifeline?
The Law Commission of India may have just brought its country's use of cryptocurrencies back to life, after the Supreme Court’s decision to ban...
India Recognizes Crypto with 30% Tax
Crypto-related activities have surged in Asia in the past few years. India accounts for the most crypto ownership on the continent. However, despite the...
European Commission Unveils Plan to Regulate Cryptocurrencies
The European Commission, the executive branch of the European Union, has announced its plans to regulate digital currency. Such regulations will be introduced over...
Richmond Hill Now Accepts Bitcoin as Payment for Property Tax
Residents of Richmond Hill, Canada, now have the option of paying their municipal taxes with Bitcoin. This was made possible after the town formed...