LATEST NEWS

Gibraltar issues new blockchain regulations

Nicky Gomez from the Gibraltar Financial Services Commission has announced that it will introduce regulations to regulate blockchain businesses. The principles of regulation of blockchain...

Blockchain Share Register in Delaware

According to Cooley the Delaware Blockchain Initiative have suggested amendments to permit under Delaware Corporate law the issue of “so-called "Distributed Ledger Shares" that...

JFSA Fintech Support

Japan now regulates blockchain digital currency. Exchanges are required to obtain licensing as a payment institution in Japan to operate their business (see previous article...

Bill436: New Hampshire has increased the scope of MSB licensing and clarified exemptions

Bill436: New Hampshire has increased the scope of MSB licensing and clarified certain exemptions for users of virtual currency. House bill 666 (HB666) regulated money...

EU Commission ponders setting a transaction limit on virtual currencies

On the 23 January 2017, the EU Commission published a “Proposal for an EU initiative on restrictions on payments in cash”. This came in...

New circular on virtual currencies in Nigeria

On the 12 January, the Financial Policy and Regulation Department within the Central Bank of Nigeria (CBN) released a circular on virtual currencies. The...

Proposed regulatory framework for virtual currencies in the UAE

On 1 January 2017, the Central Bank of the UAE (CBUAE) published a Regulatory Framework for Stored Values and Electronic Payment Systems. The Regulation...

The Israeli Tax Authority has put forward a draft tax guideline on how to...

The Israeli Tax Authority has put forward a draft tax guideline on how to treat Bitcoin. The announcement on the 11 January 2017 in...

Don’t forget to register with FinCEN if you are a foreign digital currency exchange

Sometimes there is a misconception that if you are based outside of the US and operating a digital currency exchange with US customers that...

ESMA takes ‘wait and see’ approach in relation to DLT.

ESMA takes ‘wait and see’ approach in relation to DLT. ESMA stresses that MIFID/EMIR and other EU regulations are “technology agnostic”. This means institutions using...