While big cryptocurrency markets like The United States and South Korea are struggling to implement a clear and effective regulatory framework for digital assets, a small island from Southern Italy managed to give them a huge and important lesson. It is the case of Malta, which will implement new
Latest Regulation News at Crypto Frontline
The United Kingdom could accelerate on the path towards cryptocurrency regulation after a report on digital assets published by the Treasury Select Committee on Wednesday called for more regulation in order to have a greater protection for consumers and for money laundering prevention. We have talked in our previous
At the EU finance ministers’ meeting that took place last weekend in Austria, Vienna, the subject of cryptocurrency regulation had been on the agenda. Judging by the official comments, it looks like the 28-member bloc will proceed with caution with that respect. The Irish Finance Minister, Paschal Donohoe, had stated
The latest highlights are showing that Canada will postpone the adoption of a new cryptocurrency regulatory framework until late 2019. According to bitcoinmagazine.com, due to the fact that the country is already in the pre-election season, the new set of measures for blockchain and virtual currencies had been put
Cryptocurrency regulation continues to be one of the hottest subjects in 2018 since digital assets are currently facing the lowest trust of the wide majority of people. All cryptocurrencies had been heavily under pressure this year, some of them banking more than 90% in losses. Despite this lack of regulation
India had been at the center of attention since April 2018, when the Reserve Bank of India (aka the central bank) shocked the cryptocurrency market by blacklisting all exchange platforms from financial institutions. The ban that started on July 5th left all exchange operators with no liquidity and
In terms of cryptocurrency regulation, Asia seems to be one of the most active regions after the US. We’ve seen recently how India put crypto regulation in center stage and now news is coming from Japan. Following the huge surge in the cryptocurrency market cap that took place in
The Commodities Futures Trading Commission, one of the main financial regulators in the United States, had been very active lately in terms of talking about cryptocurrencies and digital assets. Chairman Chris Giancarlo had been testifying during a hearing with the House Agricultural Committee on Wednesday, giving some valuable information related
Cryptocurrencies are having a hard time in India since April 2018. And that happens because the Reserve Bank of India (which is India’s central bank) had directed banks to wind down all crypto-related accounts by the beginning of July. Digital assets had been treated with reservation in India, primarily due
In the last few months, South Korea had been in the spotlight, due to increased procedures that could lead to the implementation of a cryptocurrency regulatory framework. We have talked in a previous article about how the country is expected to speed up regulation, the main reason for that