Tag: regulations

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
February 14, 2019 BY Valentina Kirilova

UNSGSA: Regulatory sandboxes not the only tools for regulating inclusive FinTech

A new report titled Early Lessons on Regulatory Innovations to Enable Inclusive Fintech indicates that regulatory sandboxes are not the sole vehicle that can be used by regulatory authorities to encourage financial inclusion, and that there are other tools such as innovation offices that could achieve the same results/goal. The report was commissioned by the United Nations Secretary…

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Japan
August 08, 2018 BY Mariela Naydenova

Japan with new, stricter cryptocurrency regulations

Japan has been probably the greatest supporter of cryptocurrencies and their regulations. The country is known for its lean regulatory frameworks, as well as great tolerance about the use of Bitcoin. Not long ago, it was reported that many Japanese workers can choose how they want their salary: in the form of Bitcoin or fiat…

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July 02, 2018 BY Mariela Naydenova

The latest cryptocurrency regulations - China, Russia, USA

Russia: Russia is moving forward with cryptocurrencies and their “legalization”. According to press, digital currencies in Russia will be categorized as “digital rights”. The new term will serve as differentiation to terms like “digital money” and “digital currency”. The whole change in name will be made mainly for tax purposes, as explained by Anatoly Aksakov,…

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Digix lists on Korean exchange to boost its local market presence
January 31, 2018 BY Mariela Naydenova

South Korea just "put salt on the wounds" of Bitcoin investors

On January 23rd, South Korea's Financial Services Commission confirmed in a statement that all Bitcoin investors and traders would need to do future business dealings though real-name bank accounts in order to "reduce room for cryptocurrency transactions to be exploited for illegal activities, such as crimes, money laundering and tax evasion." Right after the news hit…

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October 11, 2017 BY Mariela Naydenova

Putin Up For More Cryptocurrency Regulations

The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: "Cryptocurrencies are issued by an unlimited number of anonymous…

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bank of russia
September 25, 2017 BY Mariela Naydenova

One More Bitcoin Regulator On the Front – Russia

The State Duma, Russia’s lower house of the Federal Assembly, announced that it may initiate a special bill in October that will regulate the trade of digital currencies, as reported by Jens Kalaene at RT. As many other big “players”, like China, are now trying to get hold of the overwhelming popularity of cryptocurrencies, with…

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