August 12, 2019 / by Crypto.IQ
There is growing regulation for blockchain and digital assets across the globe, and as a result, crypto-enterprises are seeking refuge in regions that have lenient regulations. There has been a lack of clarity in the US on regulations regarding cryptocurrencies. Hester Peirce, a Commissioner at the US Securities Exchange Commission, indicated in an interview that…
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August 12, 2019 / by Crypto.IQ
Insider trading law has had its share of criticism due to the vague requirements set forth to prove insider trading. This makes it difficult for agencies like the SEC and the Justice Department to pinpoint whether insider trading has occurred. The House Financial Services Committee has drafted a bill to address this issue. The newly…
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July 31, 2019 / by Crypto.IQ
The US Securities and Exchange Commission is looking for quotes from contractors who will run the Ethereum and Bitcoin nodes for them. This move is in addition to numerous other blockchains such as Zcash, NEO, EOS, Bitcoin Cash, XRP ledger and Stellar. What is the motivation behind the move? Moving forward, the contractors will have…
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July 29, 2019 / by Crypto.IQ
The green light from Iran’s cabinet comes about a week after a government committee gave its approval for cryptocurrency mining. The decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani, according to the report. Now classified as an industrial activity, cryptocurrency miners will be required to get licensed…
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July 18, 2019 / by Lou Kerner
This story was originally posted on Tuesday. Tomorrow, David Marcus is going to testify in front of congress on Libra. He’s an incredibly smart guy, working for another incredibly smart guy, Mark Zuckerberg. And they’re both great capitalists. They’ve both earned themselves and their shareholders wealth beyond their wildest dreams. But life is about “more”.…
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February 11, 2019 / by Zachary Mashiach
Bitcoin is secure, decentralized, and can be anonymous when users take the proper precautions. These characteristics make Bitcoin resilient in the face of government bans, but that doesn’t mean governments have given up on trying to ban Bitcoin or at least rein in the technology. Here, we present a rundown of how various countries regulate…
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February 5, 2019 / by Steven Lubka
In the United States, Wyoming recently passed a bill that legally recognizes cryptocurrencies as money as of Jan. 31, 2019. The bill was presented and proposed on Jan. 19 and was quickly approved by the most crypto-friendly state in the United States: Wyoming. The bill categorizes cryptocurrencies and crypto assets as existing in one of…
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January 29, 2019 / by Steven Lubka
Popular Canadian chat app Kik made waves in 2017 when it announced its ICO and intentions to integrate a cryptocurrency into the Kik platform. In September, Kik raised almost $100 million through a token sale of their cryptocurrency KIN. Since then, Kik has integrated KIN into a suite of social features while also allowing users…
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January 24, 2019 / by Angel Reyes
Amid the chaos imposed by the Brexit Referendum, U.K. regulatory agencies are still at work weighing how they’ll deal with the cryptocurrency space. They have at least one answer that is a departure from how the United States is attempting to regulate the new asset class. The U.K. securities regulator, the Financial Conduct Authority (FCA),…
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January 23, 2019 / by Zachary Mashiach
The Securities and Exchange Commission (SEC) issued a statement today, indicating that the application for the VanEck SolidX Bitcoin exchange traded fund (ETF) has been withdrawn. The VanEck SolidX Bitcoin ETF was originally submitted for approval in June 2018, and the decision on it was delayed in August, September, and December. A final decision was…
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