LATEST NEWS

Wyoming State in a Race to be USA’s Friendly Home for ICOs

The US State of Wyoming legislature unanimously passed a bill that provides exemption from security regulations if they satisfy three key requirements as of...

Korea’s Financial Service Commission Targets Tax Evasion, Speculation, Underage and Illegal Activities in Measures...

In a press release date January 23rd, the Korean Financial Services Commission released outlined measures that will facilitate trading through real-name bank accounts linked...

Israel Tax Agency to Treat Cryptos as Property for Tax Purpose

  The Israeli tax authorities issued notice early on Monday confirming their classification of cryptocurrencies as properties and thus attracting property gain tax. The notice requires...

CTFC Backs up its Warning Against Pump-and-Dump Schemes with Rewards

The U.S. Commodity Futures Trading Commission (CFTC) has issued a customer advisory warning to customers of cryptocurrencies to avoid pump-and-dump schemes that can occur...

SEC and CFTC Mandarins Cautious Views on Cryptocurrencies

On 4th February 2018, the Chairman of the Securities and Exchange Commission (SEC), Mr Jay Clayton and the Chairman of the Commodity Futures Trading...

Russian Prime Minister Calls for Common Approach on Regulation of Cryptocurrency

  In his speech at the international conference on Digital Agenda in the Globalization Era International Forum, Mr Dmitry Medvedev, the Russian Prime Minister called...

India Finance Minister Threatened to Outlaw Cryptocurrencies in India

In his budget speech delivered in Parliament on Thursady 1st February 2018, the Indian Prime minister has threatened to outlaw the use of cyrptocurrencies...

Russia Cautious Regulation for ICOs

The Russian Finance Ministry published draft proposals for the regulations of initial coin offerings (ICOs) in December 2017. This is following a directive by...

East African Community Members take Tough Stance on Cryptocurrency

Regulators in the East African Community jointly expressed their concerns on the risks involved in investing in cryptocurrencies. Their fear is based on increasing...

HK Virtual Commodities

Bitcoin and cryptocurrencies defined as ‘virtual commodities’ in Hong Kong which in themselves are unregulated. Cryptocurrency exchange activity in Hong Kong is unregulated. However...