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Proposed Digital Dollar and Digital Yuan Have a Lot in Common – Report
6.6.2020
Chinese media analysts believe that there are a number of key similarities between the Digital Dollar Project and the central People’s Bank of China (PBoC)’s digital yuan – but they say that by the time the American project irons out wrinkles, it may be too late to beat Beijing to the punch.
In...
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
Spotify-like Subscription Model Proposed For Collateral Payments
14.5.2020
A protocol funded by Web 3.0 Foundation aims to reduce crypto collateral by switching from a one-off relationship to a subscription model
SEC Seeks More Feedback on tZERO’s Proposed Security Token Exchange
2.4.2020
The commission has extended a comment period on a proposed rule change to clear a regulatory path for the Boston Security Token Exchange, a tZERO-backed platform
Tone Vays Says Proposed Digital USD is Nothing New
25.3.2020
Tone Vays argues the new U.S. digital dollar proposal is nothing new in the tech category
Another US Digital Dollar and Wallet Proposed as Stimulus During Pandemic
24.3.2020
In the midst of rising business shutdowns and unemployment rates in the U.S., which may lead to a nationwide, as well as a global recession, House Democrats have put a draft stimulus on the table - and it includes the creation of a "digital dollar" and a "digital dollar wallet"...
Trump’s Proposed Budget Snubs Blockchain, Crypto in Crosshairs of Security Service
18.2.2020
What can we make of President Trump’s move to deploy the Secret Service in the fight against financial crimes?
India’s Election Commission Developing Blockchain System for Voting
16.2.2020
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore,...
”Decentralized Networks a Powerful Phenomenon” – Why the SEC Commissioner Proposes Time-Limited Grace Period for Tokens
9.2.2020
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed a grace period of three years for tokens. Project developers would be exempt from the federal securities laws during that time, provided that they meet certain conditions. After that, they must determine...
US Politicians Want to Ban End-to-End Encryption on Messaging Services like Telegram and Whatsapp
2.2.2020
Under the guise of fighting against online child pornography, American politicians are trying to effectively ban end-to-end encryption on all communication technology platforms for everyone. Newly proposed legislation could force companies like Apple, Google and Facebook to create back doors...
Jiang Zhuoer Restructures Development Funding Proposal for Bitcoin Cash
1.2.2020
On January 31, Btc.top founder Jiang Zhuoer addressed the Bitcoin Cash (BCH) community again after his initial proposal last Wednesday was met with mixed responses. Zhuoer changed a number of specifics within the proposed Infrastructure Funding Plan for Bitcoin Cash and hopes the community will...
Fearing Revolt, Roger Ver’s Bitcoin.com Backs Down From Proposed BCH Mining Tax
28.1.2020
Roger Ver’s Bitcoin.com backs down from proposed mining tax for BCH
What You Need To Know About Congress’s Two Proposed Crypto Laws
1.1.2020
U.S. Congress drafts legislation against big tech companies and securities, but will Facebook back down?
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition
19.12.2019
The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes,...
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
British Virgin Island announces a USbacked digital currency
4.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 December, 2019 “There's only one corner of the universe you can be certain of improving, and that's your own self.” - Aldous Huxley In today's newsletter, we will be covering: Ethereum's proposed hard […]
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