Tag: Regulations

U.S. Congressman Bill Foster has suggested that laws must allow federal courts to identify digital-asset holders and reverse blockchain transactions in Bitcoin and other digital currencies. But it’s doubtful that many crypto investors would like that policy. Speaking at a virtual event hosted by Axios on June 29, Bill Foster, U.S. congressman and Democratic Rep…

China has moved deliberately to secure the first-mover advantage in what it believes is the future of the internet. If the digital yuan is Beijing’s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. In the first installment of a three-part series produced with support from the Judith Neilson…

Britain’s financial regulator has ordered Binance Markets Ltd., one of the world’s largest cryptocurrency exchanges, to stop conducting any regulated activity in the U.K. by June 30. But as the exchange pulled its application for the assets register, it will be unable to offer unregulated services too. It appears one of the most significant regulator’s…

In just one day, the Chinese authorities have essentially destroyed the country’s crypto business. It resulted in a massive drop in the cryptocurrency market and the hash rate collapse. The main question is what motives drive Beijing’s actions? On Monday, June 21, the People’s Bank of China (PBC, acts as the country’s central bank) issued…

The United Arab Emirates is a country of unique business opportunities. Lenient taxes and a free trade zone allow for deriving maximum profits. However, only a couple of years ago the attitudes towards cryptocurrency projects here were conflicting. Now a lot is changing and the region is becoming more and more attractive for crypto companies….

A month ago, Beijing began a fierce crackdown on the crypto mining and trading industry in China, caused so-called “the great mining migration.” Who will gain an advantage of this great crypto exodus? Experts believe that would be the places with abundant solar and wind energy, free market, and crypto-friendly policy. For a long time,…