Tuesday, October 22, 2019
A California lawmaker has introduced a bill that, if passed, would update the state's electronic records laws to account for blockchain signatures and smart contracts.Assembly Bill 2658, submitted by Assemblymember Ian Calderon last week, expands the definition of electronic records and signatures - contained in the Uniform Electronic Transactions...
Blockchain technologies and cryptocurrencies will be front and center at the Commodity Futures Trading Commission's Technology Advisory Committee meeting Wednesday, according to a newly published agenda.The meeting's agenda, released late Monday afternoon, outlines how the first two panels will focus on blockchain and its potential applications to derivatives markets,...
Hong Kong’s Securities and Futures Commission (SFC) has halted Black Cell Technology Limited from issuing its initial coin offering (ICO) in Hong Kong. Black Cell has agreed to distribute refunds to Hong Kong-based investors. Also Read: Bittrex to Delist 82 Altcoins at End of March  Black Cell ICO Halted in Hong Kong Hong...
The U.S. Securities and Exchange Commission (SEC) has suspended trading in the stocks of three companies with ties to cryptocurrency. One of the three is also planning an initial coin offering. The SEC says it is concerned about the nature of the companies’ business operations and the value of...
The Italian government is seeking feedback on proposed cryptocurrency regulations intended to clarify the technology's use within the country.A summary of the proposed rules explains how service providers that accept cryptocurrencies would have to report their business and earnings to the Ministry of Economics and Finance, as well as...
Xinjiang Province regulators have issued an official document informing local bitcoin miners to submit status reports on a specific schedule. Also Read: Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge     An Orderly Exit Bitcoin mining companies were told to write a status report before Jan. 5, according to a government notice signed...
Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do...
The Russian Ministry of Finance is drafting a bill to allow the creation of offshore companies to trade cryptocurrencies. This follows the bill which the ministry recently published on the legal framework for cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Crypto Trading Offshore Russky island beach.“The Ministry...
Consumers should be wary of cryptocurrency retirement accounts claiming to be approved by the Internal Revenue Service, the Commodity Futures Trading Commission (CFTC) has warned.In a new circular dated Feb. 2, the CFTC is calling for people to "be cautious" about such pitches, especially those claiming that the U.S. tax...
The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Supporting ‘Normal’ Crypto...