Venezuela Certifies 16 Cryptocurrency Exchanges

The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified 16 crypto exchanges he hopes will start listing his country’s new currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Vietnam’s Prime Minister Directs Central Bank to Strengthen Cryptocurrency Framework

The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Prime Minister’s … Read more

The Challenge of Conforming Crypto to the Language of Regulation – or Vice Versa

An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law Language Barrier Between Regulators and Crypto Community A recent article authored by Jonathan Chester, the chief executive officer of Bitwage, … Read more

NY Legal Firm Launches Cryptocurrency Litigation Tracker

New York-based legal firm, Morrison Cohen LLP, has launched what it calls the “Moco Cryptocurrency Litigation Tracker.” The tracker seeks to provide updates and information on all active legal proceedings in the United States involving cryptocurrency companies, yielding greater transparency regarding the legal embroilments of companies operating in the virtual currency industry. Also Read: Report Details … Read more

Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area

Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies.  Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency industry is pressing forward in spite of … Read more

What Is Safe Haven Cryptocurrency and How Does It Affect Your Digital Inheritance?

Have you ever thought about what happens to your cryptocurrency investments after your death? Whether you pass on testate (with a will) or intestate (without a will), Safe Haven’s SHA token seems to provide a solution. By allowing you to plan ahead to ensure that your digital assets are passed down to those intended in a secure … Read more

Regulatory Loophole Helps Startups in India Accept Bitcoin Without Breaking the Law

Some businesses in India believe that they have found a loophole in the finance minister’s speech that sought to clamp down on the use of cryptocurrencies. While this loophole may allow startups to accept bitcoin without breaking the law, experts question its viability. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The … Read more

Russian Lawmaker Proposes Legalization of Cryptocurrencies to Attract Investments

The head of the Russian State Duma Committee for Economic Policy has proposed legalizing cryptocurrencies in order to attract foreign investments including from countries with anti-Russian sanctions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Proposal to Legalize Cryptocurrencies The chairman of the State Duma Committee for Economic Policy, Sergey Zhigarev, proposed the … Read more

Japan Cracks Down on Foreign ICO Agency Operating Without License

The Japanese financial regulator will be issuing its first warning since the legalization of cryptocurrencies as a method of payment in Japan. An overseas initial coin offering agency has reportedly been attracting Japanese investors without a license, repeatedly ignoring the agency’s advice to cease operating in the country. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more