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Ukraine Approved New Anti-money Laundering Bill, in Compliant With FATF Guidelines

The Ukranian authorities have reportedly approved of a new bill against money laundering, which will put every businesses offering services for virtual assets and virtual assets under FATF guidelines....

| Dec 08, 2019 10:09

US-based Poloniex Clients Have to Pay Fees After December 16, Circle Notified

Circle – major US-based crypto finance firm and Poloniex parent company – hinted at a potential fee US clients need to pay, and balances confiscation should they fail to remove their...

| Dec 05, 2019 10:44

British Virgin Islands Partnered With Blockchain Firm To Roll Out US Dollar-Pegged Crypto Coin

Blockchain firm LifeLabs has reportedly teamed up with the British Virgin Islands (BVI), in an attempt to introduce a new cryptocurrency with the name BVI~LIFE. Specifically, the cryptocurrency...

| Dec 04, 2019 11:55

US Federal Reserve Recruiting Talents for Cryptocurrency Research Management Vacancy

The US Federal Reserve has reportedly recruited a new manager, working mainly in the Retail Payments section, based in Washington, D.C. Specifically, on November 3, a new vacant position is available,...

| Nov 06, 2019 11:17

First Swiss Crypto Bank Given Greenlight to Operate In Singapore By Its Authorities

Sygnum – a digital coins bank headquartered in Switzerland – has reportedly been granted authorization to operate its banking services in Singapore. Specifically, Sygnum – which has...

| Nov 02, 2019 11:35

Bahamas Rolls Out Fiat Crypto Coin to Help When Natural Disaster Happens

The Central Bank of the Bahamas (CBOB) is looking to roll out its self-developed fiat cryptocurrency, in an effort to protect the resilience of the nation’s economies, should natural disasters take...

| Oct 27, 2019 10:15

U.S. IRS Issues New Cryptocurrency Tax Guidelines for Airdrops, Hard Forks

The U.S. Internal Revenue Services has released new guidance in the form of a Revenue Ruling for tax reporting on cryptocurrency airdrops and hard forks. The Revenue Ruling 2019-24 intends to help...

| Oct 11, 2019 16:36

“Cryptocurrency Is Inevitable, but the US Should Not Lead the Way”, Philly Fed Reserve Chief Claimed

Patrick Harker – current head of the Federal Reserve Bank of Philadelphia – has reportedly admitted the inevitability of central bank crypto coins. Nonetheless, the Philly Fed boss...

| Oct 07, 2019 02:19

Parliament of Liechtenstein Passed New Blockchain Act

The Parliament of Liechtenstein has unanimously approved of the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also widely referred to as the Blockchain Act. On...

| Oct 06, 2019 18:08

“Bitcoin (BTC) is Neither Financial Assets nor Legal Tender”, Ruled the IFRIC

The International Financial Reporting Interpretations Committee (IFRIC) has reclassified digital coins, nominally Bitcoin (BTC), deeming it not to be bound by the definition of financial assets or...

| Sep 24, 2019 17:49