#regulation

The Securities and Exchange Commission Approves Blockchain-based Securities by Overstock

U.S. Securities and Exchange Commission has approved the application from Patrick Byrne’s renowned company Overstock to issue its securities online via a blockchain-based technology. This might be an evidence of a substantial paradigm shift for the authorities’ stance as to anything related to crypto-space. According to the documents available to the general public, Overstock’s filing […]

BitPesa Remains Discontinued from M-Pesa

According to the recent ruling by the Kenyan High Court, local operator Safaricom servicing M-Pesa will not have to provide access to bitcoin startup BitPesa. Though the case is far from being dismissed, the current ruling would prolong the service’s inability to operate as is. Last month, the mobile payments company Lipisha’s accounts had been […]

Former White House Official Joins Bitfury

Jamie Smith who had previously worked at the White House as the president’s special assistant has taken the position of Bitfury’s head of global communications department.

Former Deputy Minister for Finance of Russia: Bitcoin is the Biggest Financial Breakthrough in Fifty Years

Alexei Savatyugin, former deputy minister for finance of Russia called cryptocurrency the biggest financial and economic breakthrough in last fifty years. He stated that in an interview to publication The Banker. In addition, he noted that there were not many revolutions of that kind in the history of the civilization.

Estonia Seeks Cryptocurrency Clarification

The Supreme Court of Estonia has made a request addressed to local central bank, two government departments, the Bank of Estonia, and the country’s financial regulator, to clarify their views on legal stance of digital currencies in regard to AML policies and general essence of cryptocurrency and the underpinning technology thereof.

Barbados is Recommended to Use Crypto Money as Reserve Currency

Former employees of the Central Bank of Barbados have issued a paper titled ‘Should Cryptocurrencies Be Included In The Portfolio Of International Reserves Held By The Central Bank Of Barbados?’ where they suggest that the island’s regulator should consider using cryptocurrency as its foreign reserve. However, according to the authors, the amount of the reserve […]

Ex-Chairman at Tinkoff Bank: Regulating Bitcoin is Easier than Banning It

ForkLog talked with the ex-chairman of Tinkoff Bank and OTP, and retail business developer Georgi Chesakov at Moscow Blockchain Hackathon. Chesakov spoke about blockchain perspectives and problems bitcoin faces in Russia.

Yandex May Integrate Bitcoin Insofar As It Is Regulated

The biggest Russian search engine Yandex, which acts as a local counterpart to Google within the CIS, and successfully outruns the worldwide giant across much of the former USSR, is interested in integration of bitcoin into its own payment system Yandex.Money in order to allow merchants deal with cryptocurrencies. This was announced at FinTech forum […]

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