At the request of the Foreign Minister of Vanuatu, Maltese regulators will offer their expertise to the Pacific island nation in forming their own blockchain regulatory framework. The state authorities of Malta will assist the government of the Pacific island nation of Vanuatu in forming blockchain regulations, the Vanuatu Daily Post reported Monday, Oct. 8. […]
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The United Arab Emirates’ national securities regulator plans to introduce ICOs for capital markets in 2019, having approved their regulation under securities laws. The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019, Reuters reported Oct. 8. Reuters notes that the regulator has embraced the […]
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The Ukrainian Ministry of Finance has formed a working group to develop the country’s crypto taxation regime by the end of 2018. The Ukrainian Ministry of Finance is creating a working group to discuss and develop a legal framework for crypto taxation, according to an Oct. 8 announcement on the ministry’s official website. The group […]
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There is much to be shocked by in the unfolding Danske Bank money laundering scandal, such as the simple amount laundered through the Estonian branch of the Denmark-based bank — $234 billion at current count, roughly the size of the entire Danish economy — or the fallout from the event, including the bank’s CEO Thomas Borgen […]
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The impact of Europe’s General Data Protection Regulation (GDPR) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. As reported, the social media giant was hacked through a vulnerability in […]
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The Wall Street Journal creates, then gets rid of, its own cryptocurrency and the Petro may be ready for public sale in November. 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, […]
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South Africa has taken a conservatively optimistic stance toward cryptocurrencies — balancing development with investor protection. Blockchain and cryptocurrencies have proliferated the minds of millions across the world, as trading and crypto asset ownership continues to rise. In the same breathe, many countries across the world have taken a tough stance against cryptocurrencies in particular. […]
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The E.U. markets watchdog has set a budget for an initiative to monitor fintech and crypto assets in its 2019 work program. The European Securities and Markets Authority (ESMA) has budgeted over 1 million euro for monitoring fintech and crypto assets, according to a document published Oct. 4. Founded in 2011 in Paris, the ESMA […]
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Two U.S. representatives have proposed a bill that would, through a working group, find a common definition for blockchain technology for forthcoming legislation. U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. […]
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An Oxford Business Law Blog contributor thinks that the process of blockchain regulation might help with mass adoption. Anastasios A. Antoniou, a member of the EU Blockchain Observatory and Forum, thinks that blockchain has to find its place within a regulatory framework rather than evade it, according to his post published in the Oxford Business […]
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