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
Latest Regulation News at Crypto Frontline
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
Even though most of the people expected the big economies to come out with a regulatory framework for cryptocurrencies, ICOs, and other digital assets, it seems like smaller countries are moving much faster. It is the case for Thailand, which had implemented a cryptocurrency law around a month ago and
Cryptocurrency mining had become popular in Ukraine in the last few years and at the present time, the market generates around $100 million a year. Since the government usually stepped in and came with regulatory measures in past similar situation, cryptocurrency mining companies had been in a constant fear and
There is increased activity in South Korea lately regarding cryptocurrency regulation. We have talked in a recent article about the measures that are due to be implemented. Exchange platforms will be regulated like commercial banks in a move from the central authorities aiming to legitimize the industry. Bithump hack to
