Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations

A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for the research and development of blockchain solutions. Vietnam to Expand Implementation of Blockchain … Read more

DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy

On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts to “help shape the regulatory landscape for digital assets” in North America. Foundry Becomes a … Read more

Crypto Lobbying in the US Jumped 116% in 12 Months With $9.56 Million Spent in 2021

Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months with $9.56 million leveraged to seek to influence from politicians and public officials. Millions of Dollars … Read more

South Korean Regulators Discuss Proposals for ICO Legislation

Korean lawmakers are increasingly pushing for the regulation of initial coin offerings (ICOs) with multiple bills currently pending at the National Assembly. This includes a proposed amendment to the Electronic Financial Transactions Act. Meanwhile, the Korean Blockchain Association has also come up with its own set of guidelines for crypto exchanges and ICOs. Also read: 160 … Read more

High Profile Cryptocurrency Firms Hope to Influence US Law

A group of cryptocurrency luminaries and businesses have announced the formation of a US lobbying entity based in Washington known as the Blockchain Association. The creation of the political solicitation group was initiated by firms such as Circle, Coinbase, Polychain Capital, and the Digital Currency Group. Also read: With Bitcoin Cash, A Namibian Conservationist Hopes To … Read more

Over 500 BTC Belonging to Iranians Seized by US Government: Report

According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms … Read more

Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

The self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 12 Exchanges Pass Security Checks The Korea Blockchain Association (KBA) held … Read more

Korean Government Clarifies Position After Supreme Court Crypto Ruling

The South Korean government has clarified its position in response to the recent ruling by the country’s Supreme Court stating that cryptocurrency is an asset with measurable value that can be confiscated. The government says its position should be viewed separately from that of the Supreme Court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more