On July 16, the Thailand Securities and Exchange Commission (SEC) will put new rules on ICO licensing into effect. According to their announcement, ICOs will be allowed to operate in a regulated environment. Any company that wishes to launch an ICO in Thailand must file an application with the SEC. Upon approval, they will be […]
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Most mainstream media is reporting that virtual currency trading has been virtually outlawed in India as the country’s Supreme Court upheld a central bank directive. We’ve seen similar news that turned out to be fake in Korea and elsewhere, when regulations were tightened on such things as trading by minors. In India, the effect of […]
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The government of the Philippines has announced that it will issue as many as 25 cryptocurrency exchange licenses in the Cagayan Special Economic Zone (CSEZ). This economic zone, located on the northern tip of the Philippines, is managed by the government-owned and controlled corporation (GOCC), the Cagayan Economic Zone Authority (CEZA). The purpose of the […]
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Bank of America filed a report with the US SEC on form 10-K, in which the bank stated that cryptocurrencies limit the bank’s ability to monitor financial flows. Form 10-K is an annual report that companies with over $10 million in assets and equity securities held by more than 2,000 owners must file with the […]
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