An interesting occurrence from a D.C. court had come to increased media attention since it involves a Bitcoin tumbler business. Additionally, the July 24th court ruling states that “unlicensed money transmission” had been the main wrongdoing, setting up a new precedent where a judge labels Bitcoin as a form of
Latest Regulation News at Crypto Frontline
Asian countries are leading in terms of testing central bank digital currencies (CBDC) and following the project initiated by the People’s Bank of China, the Bank of Thailand (BoT) is moving ahead with a similar project according to the local English newspaper The Nation. Several months ago, China implemented a
Some of the latest headlines suggest Japan will continue to remain a country that has a friendly approach to cryptocurrencies, due to unconfirmed news pointing towards a new appointment for the position of Commissioner for the Financial Services Agency (FSA). Since it had proven to be open towards crypto, Japan
Cryptocurrency-based companies had received some good news on June 23, after a summary of the US Supreme Court case Liu vs. SEC in the National Law Review, and from now on could face lower penalties, in case the Commission finds they breached the law. From now on, the US Securities
For almost two years, a battle had been going on between some of the most important Indian public entities: the Reserve Bank of India (RBI), The Supreme Court of Justice, and the government, on the matter of cryptocurrency regulation. According to Economic Times, there’s interest from the government to reconsider
Even though it had been in the spotlight due to the feud with Saudi Arabia and the United States surrounding its Nuclear Program, Iran is one of the countries active in terms of cryptocurrency activity. According to the Cambridge University’s Centre for Alternative Finance (CCAF), Iran holds 4% of the
A recent publication uploaded on the European Central Bank’s website talks about a regulatory and financial stability perspective on global stablecoins. Prepared by Mitsutoshi Adachi, Matteo Cominetta, Christoph Kaufmann, and Anton van der Kraaij, the release talks about the benefit provided by stablecoins and at the same time, highlights the
Although the pandemic triggered by the SARS-COV-2 is one of the greatest human tragedies in a century, some people see the situation as an opportunity to make money fraudulently. The United States Department of Homeland Security (DHS) and the Department of Justice (DoJ) had managed to seize a corona domain
The United States Federal Communications Commission (FCC) had issued a draft order on April 16th, which approves the usage of L-Band radio frequencies for 5G and Internet of Things (IoT), according to Cointelegraph. A lot of controversies had emerged around the proposal, with several Congressional defense committee members urging Donald
The Australian Securities Exchange (ASX) had planned a blockchain implementation for its current system from processing equity transactions, a.k.a. Clearing House Electronic Subregister System (CHESS), but the latest COVID-19 outbreak seems to have taken authorities by surprise. According to an announcement dated March 25th, 2020, the ASX is forced to
