Capital Controls in Argentina Open the Door for Bitcoin

September 4, 2019  /  by Crypto.IQ
Amidst a turbulent year during which the Argentine fiat currency – the Peso (ARS) – has lost over half of its value against the U.S. dollar, the country has announced the enforcement of new capital control measures, limiting citizens’ and businesses’ freedom to buy foreign currency. As reported on September 1st, the central bank imposed… Read more

US Lawmakers Return From Switzerland Still Wary of Facebook’s Libra

August 27, 2019  /  by Crypto.IQ
US lawmakers visited Switzerland in a cryptocurrency-related delegation that has failed to alleviate concerns around Facebook’s Libra. Libra, the stablecoin Facebook hopes to launch was supposed to be managed by the Libra Association, formed by a list of invested companies and would be incorporated in Switzerland – one of the most crypto-friendly countries in the… Read more

ICO Rating Agrees to SEC Fine

August 22, 2019  /  by Crypto.IQ
Russian analytical agency ICO Rating has agreed to pay a heavy fine for its alleged violation of anti-touting provisions, the US SEC said in a statement released on Tuesday. The United States Securities and Exchange Commission (SEC) accused the Russian rating firm of failing to reveal that it collected payments to publicize digital asset offerings… Read more

The US Securities Exchange Commission Promises Clarity In Crypto Regulations To Entice Business

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… Read more

New Bill to Bring Clarity to Insider Trading Law

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… Read more

The SEC Set To Begin Running Bitcoin and Ethereum Nodes

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… Read more

Cryptocurrency Mining in Iran is Now a Recognized Industrial Activity, Mehr News Agency Reports

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… Read more

David Marcus’ Testimony To Congress Highlights That Libra is DOA

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”.… Read more

Numerous Countries Have Made Bitcoin (BTC) Illegal Even Though It’s Impossible to Ban Bitcoin

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… Read more

Wyoming Leads the Way on Cryptocurrency Legislation: Crypto is Money

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… Read more