The value of blockchain technology in leading markets has grown rapidly over the past 12 months. Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years, to increase transparency and reduce the power of central entities in data processing. With billions of dollars being invested […]
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Russian draft bill on “digital financial assets” now includes tokenization of equity for privately held businesses. The long-awaited Russian draft bill on cryptocurrency and blockchain regulation will let privately held businesses and legal entities “digitize” their shares and store them via blockchain, local media outlet Vedomosti reported Oct. 21. As per the new edition of […]
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Plans announced by Spain’s finance minister last week would subject all Spanish citizens to obligatory reporting of their crypto wealth. Cryptocurrency investors governed by Spain could face mandatory reporting of their holdings for tax purposes under a new draft law the government approved Friday, Oct. 19, local daily news network ABC reports. Unveiled at a […]
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A new Hong Kong Stock Exchange reports advises that crypto and blockchain should be regulated in consistency with existing regulatory frameworks. A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks. The report, written […]
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Investment giant Fidelity is turning to digital assets services, and Steve Wozniak gets into blockchain. 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, and much more — a week on Cointelegraph […]
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Deputies of the Russian State Duma have removed a definition for crypto mining from the draft law “On Digital Financial Assets.” Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. […]
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Sberbank’s CEO says governments are not ready to give way to decentralized currencies – at least not within the next 10 years. Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, […]
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The government of Bermuda has licensed the first ICO in the country under a new regulatory regime that was introduced this summer. The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the […]
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The U.S. SEC has created the Strategic Hub for Innovation and Financial Technology which will focus on fintech-related issues, including DLT and cryptocurrencies. The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18. The FinHub will be run […]
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Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]
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