Two US Bills Focus on Cryptocurrency Market Manipulation and Improving Regulations

The proposals come in the wake of dissatisfaction within and beyond the industry with current regulatory practices. Two new bills focusing on cryptocurrency market manipulation aim to “position the United States to be a leader in the cryptocurrency industry,” their sponsors claimed Dec. 6. The bills, dubbed “The Virtual Currency Consumer Protection Act of 2018” […]

Continue Reading

‘Hope Coin’: The Story of Malaysia’s Crypto Political Fundraising Platform

Crypto fundraising might be a great tool to fight corrupt regimes, but what happens when freedom fighters seize power? The ongoing controversy surrounding Malaysia’s proposed political cryptocurrency, Harapan Coin, is far from letting up. On Nov. 26, the country’s finance minister, Lim Guan Eng, weighed in on the issue by reiterating that any entity looking to issue […]

Continue Reading

Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?

Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]

Continue Reading

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

The Spanish Ministry of Finance will investigate crypto investors to avoid tax fraud activities, with 15,000 taxpayers currently under investigation. The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s […]

Continue Reading

CryptoRuble: How Stable Could Russian National Stablecoin Be?

Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project.   Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]

Continue Reading

Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter

The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, […]

Continue Reading

‘Free Transactions Cleared in Five Seconds’: Platform to Help Businesses Use Blockchain

sponsored A startup is aiming to woo social networks, gaming companies, payment providers and other businesses through a blockchain platform that benefits them and their customers. A startup is aiming to attract social networks, gaming companies and mobile payment providers through a “full-service platform” that eliminates the headaches associated with using blockchain technology to reach […]

Continue Reading