Tag: Regulation

CFTC Commissioner Brian Quintenz Believes a Crypto Self-Regulatory Organization Is Needed

The USA Commodity and Futures Trading Commission Commissioner called Brian Quintenz has made a very unusual suggestion. He believes, that cryptocurrency industry should take care of their regulation on its own. It should create, he believes, a self-regulatory body. This remark was made on the 12th February and now it went viral. The commissioner believes,

Anonymous Cryptocurrency Selling and Buying in the Netherlands is over: License Required

The Minister of Finance if the Netherlands Pete Hoekstra has received a notice about the need to introduce an official licensing system for cryptocurrencies operations. This has been reported by Dutch media source Nederlandse Omroep Stitching on the 18th of January. Previously, the Minister requested an advice from the Netherland`s Authority for Financial Markets and

CFTC Chair about Crypto Cases during the Year

Christopher Giancarlo is the chairman of U.S Commodity Futures Trading Commission. He said on the 2nd of October in his speech, that during the last fiscal year, the enforcement actions and fines connected with cryptocurrencies increased significantly during the last financial year. He stated, that the enforcement during the recent fiscal year was one of

US Congressman Offers to Introduce a Bill That Would Support Blockchain Technology and Cryptocurrencies

Tom Emmer, a US Congressman, is going to introduce three bills. They should provide support to the blockchain technology and cryptocurrencies. The three bills are called already “Resolution Supporting Digital Currencies and Blockchain Technology”. “Blockchain Regulatory Certainty Act” and “Safe Harbor for taxpayers with Forked Assets Act”. The legislation is targeted to support the development

Brazil Antitrust Agency Launches Testing Regarding Cryptocurrency Trade: Major Banks Involved

The antitrust regulator of Brazil is inspecting six major banks for monopolistic practices in the field of cryptocurrency. The antitrust regulator, the Administrative Council for Economic Defense has launched a probe to find out whether the largest banks in the country have closed the accounts of brokerages working with bitcoin. The investigation was launched based