Russia: Crypto Won’t Receive Money Status Anytime Soon

Russia won’t officially legalize digital currencies in the near future, according to the conclusions of the participants of a “round table” dedicated to crypto regulation. Issuance of Anything Besides Ruble is Still Illegal On Thursday, July 25, a panel of Russian officials and experts discussed the regulation of cryptocurrency. The event was hosted by the […]

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FinCEN Unveils New Bitcoin Guidelines: Here’s What You Need to Know

On Thursday (May 9, 2019), the U.S. Financial Crimes Enforcement Network (FinCEN) published new guidelines showing how anti-money laundering (AML) laws apply to Bitcoin and the rest of the cryptocurrency in general. Mandatory KYC for P2P Bitcoin Trading Platforms In a tweet published on Friday (May 10, 2019) notable cryptocurrency legal expert Jake Chervinsky provided […]

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Brookings Institute Says the SEC Should Regulate Crypto-Assets

A report from the Economic Studies program of US think tank, Brookings, claims better regulation will benefit the crypto industry. It states that crypto-assets currently fall into a jurisdictional gap, and that the SEC should fill that role. Don’t Hate The Game, Hate The Players The report immediately scores an own goal with the choice […]

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Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs

The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency.  Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. Details of the policy changes form part of […]

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