#regulation

Cryptography, Blockchain, and International Arbitration: How Fintech Revolution Influences Jurisprudence

Over the course of the last year, blockchain has become a buzzword not only for startuppers, banks, and technology companies, but also for public entities. It draws more and more attention from lawyers, both as a part of discussions on digital currency’s legal status, and in the search of the technology’s applications in legal operations. […]

Bitcoin and the War on Cash

The United Kingdom’s Prime Minister is going to host a wide international anti-corruption summit in London on May 12. “The summit will seek to galvanise a global response to tackle corruption. As well as agreeing a package of actions to tackle corruption across the board, it will deal with issues including corporate secrecy, government transparency, […]

European Parliament Comittee Sees No Need in Direct Regulation of Cryptocurrencies

The European Parliament’s Committee for Economic and Monetary Affairs has approved a report on cryptocurrency regulation approaches in a majority vote. In the committee’s opinion, the EU should restrict itself from direct regulation of bitcoin and other virtual currencies, and adhere to a ‘softer’ approach to regulation of blockchain-based financial services. The report released this […]

Russian Federal Financial Monitoring Service: Bitcoin Ban Bill Should Be Revised

Pavel Livadny, deputy director of Federal Financial Monitoring Service of Russia, Rosfinmonitoring, has suggested that the bill implying ban of cryptocurrency in Russia will have to be revised.

Bitstamp Licensed in Europe

Bitcoin exchange Bitstamp has officially confirmed it signed an agreement with the government of Luxembourg, which would enable it to launch regulated and licensed services throughout all 28 nations of the European Union. The permission is effective as of July 1, when Bitstamp officially starts operating in Luxembourg. The exchange’s statement on their website reads: […]

Kyiv to Host Roundtable on Bitcoin’s Legal Status in Ukraine

In late May, Ukraine‘s capital of Kyiv will host a roundtable dedicated to discussing and finding common grounds in legal perception of cryptocurrency. ForkLog talked with one of the roundtable’s initiators, Nestor Dubnevych, to find out what legal problems the industry faces in the light of regulatory framework’s absence.

KUNA Bitcoin Agency Abandons Ukraine’s Bitcoin Legalization Draft Law

Founder of KUNA Agency and eponymous cryptocurrency exchange Mike Chobanyan abandoned his plans to introduce a draft law on cryptocurrency regulation to the Ukrainian Parliament. “Crypto is totally legal. You can use it by all means. As for legal entities, there’s not much sense in doing anything for them. Even if we pass the most […]

Bank of Russia Concedes Using Blockchain Technology to Issue Smart Bonds

April 12, in the course of Exchange Forum 2016 in Moscow, head of Bank of Russia’s department for financial market development Yelena Chaikovskaya told that the Central Bank was watching the blockchain technology closely, and the attention was rather positive. Moreover, she said, blockchain may be used in the Central Bank’s project for bondization in […]

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