ukraine regulation
Cryptocurrency Government Regulations

over-regulation is Stifling the Crypto Space in Ukraine according to the Country’s Central Bank Official

According to a Ukrainian central bank official, overregulation in Ukraine is putting a ceiling on crypto development in the country. According to the director of strategy and reform department of NBU, Mikhail Vidyakin, too many institutions in Ukraine have been granted the authority to regulate crypto-currencies. According to local crypto publication, LetKnow, the institutions that […]

Cryptocurrency Government India Regulations

Indian Investors Warned off Crypto by Local Authorities

Even as crypto enthusiasts look forward to a possibly sunnier 2019 when it comes to the crypto markets, some jurisdictions are casting heavy clouds on that possibility. The police in the Indian state of Jahmu and Kashmir have issued a public statement which effectively warns the public against investing in crypto-currencies. This is according to […]

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Bitcoin Blockchain Regulations

Norway Scraps Electricity Subsidies for Norwegian Bitcoin Mining Firms

Aftenpost, Norway’s largest newspaper, has confirmed that the Norwegian government will stop giving electricity subsidies to crypto mining firms in the country. Bitcoin mining firms in the country had been paying a lowly $0.05 per kilowatt which will soon rise to $1.73 per kilowatt. This revision of the pricing came after an amended state budget […]
Cryptocurrency Regulations

The State of Michigan Formally Bars the Use of Crypto for Political Contributions

A formal letter sent by the Michigan Secretary of State sees the use of crypto-currencies for political donations formally barred. The letter which was published on 8th November was in response to state legislature candidate William Baker, who had asked how crypto-currency value was supposed to be recorded for political donations. Baker had also sought […]
Blockchain crypto adoption Regulations

The US-Midterms sees a Number of Pro-crypto politicians scoop Top Seats

The much-anticipated midterm elections in the United States came and concluded last week with some interesting fresh faces coming to the fore. The mid-terms saw some interesting and progressive wins for minority women with Alexandra Ocasio Cortez becoming the youngest congresswoman at 29, 36-year-old Ilhan Omar becoming the first Somali-American congresswoman, and Sharice Davids becoming […]

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Financial Action Task Force: Global cryptocurrency regulation framework to be out by June 2019

  The global watchdog for money laundering has announced that it will start publishing its first batch of cryptocurrency regulations by June next year. The Financial Action Task Force (FATF) said there is a great need to implement worldwide jurisdictions for cryptocurrency regulation including the licensing and operation of cryptocurrency exchanges as well as the […]

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Celebrated boxing Legend Pacquiao takes the crypto world by storm, preparations to launch his own cryptocurrency on course

It’s all systems go as the much-awaited launch for Manny Pacquiao’s cryptocurrency finally nears. Reports from The Strait Times, a Singapore-based daily broadcast, indicated that the Global Crypto Offering Exchange (GCOX), a Singapore-based start-up will be in charge of the crypto which is referred to as the Pac Tokens. The Pac Tokens will heavily rely […]

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Japanese ‘expert meeting’ seeks to simplify tax payment for digital assets

Japanese Investigation Committee has commenced discussions aimed at improving the system by simplifying tax payment procedure for virtual currency holders. Reports by regional news outlet Sankei indicated that the committee, which also serves as the main advisory body for the prime minister commenced discussions on improving the policy on taxation on a general assembly meeting […]