The Latest Cryptoassets & Blockchain Legal News from Coinlaw.
Saudi Arabia and UAE to Launch Cryptocurrency for...
by Mark Knowles on December 13, 2018 at 1:46 pm
The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the United Arab Emirates’ (UAE) have announced plans to issue a cryptocurrency to facilitate financial transactions between the two nations. The announcement was made by CBUAE […]
US Cryptoasset Legislation Aims To Protect...
by Ashley MAO on December 13, 2018 at 12:28 pm
In a rare example of bipartisan cooperation two US congressmen, Democrat Darren Soto and Republican Ted Budd, have introduced two pieces of legislation aimed at helping prevent virtual currency price manipulation and position the US as a leader in […]
Top Chinese Regulator Says STOs Are ‘Illegal...
by Mark Knowles on December 13, 2018 at 10:43 am
China’s Central Bank, the People’s Bank of China, officially banned security token offering (STO) businesses last week (Dec 7), in keeping with the country’s increasingly unfriendly stance on crypto asset companies. The South China […]
Seven Southern EU Countries Unite to Boost...
by Mark Knowles on December 7, 2018 at 6:35 am
Seven southern EU member states have joined forces to promote the development of blockchain and Distributed Ledger Technology (DLT) and encourage its adoption across a range of public and private sectors. The seven states – France, Italy, […]
G20 Members Discuss International Crypto...
by Mark Knowles on December 7, 2018 at 5:27 am
G20 member country representatives gathered in Buenos Aires last weekend (Nov 30 Dec 1) to discuss global issues and sustainable development. Among the issues discussed was how to develop an international approach to regulating cryptocurrencies and […]
Swiss ‘FinTech’ Licence Permits Crypto Firms...
by Mark Knowles on December 4, 2018 at 4:56 am
Switzerland’s Chief Financial watchdog has released guidelines for its new “FinTech” licence which companies will be able to apply for from 2019. The Swiss Financial Market Supervisory Authority (FINMA) is responsible for granting […]
US State of Ohio Makes World First Move to Accept...
by Mark Knowles on November 30, 2018 at 5:16 am
The state of Ohio has become the first US state to accept bitcoin (BTC) as payment for taxes as of Monday, November 26. The announcement has garnered much attention in the crypto community as it marks the first ever case in the world of a government […]
Malaysian Finance Minister Plans To Enforce...
by Mark Knowles on November 30, 2018 at 4:56 am
Malaysia has announced plans to enforce regulations governing cryptocurrency exchanges and initial coin offerings (ICOs) in the first quarter of 2019, according to a report by The Star newspaper on November 28. The report quoted Finance Minister Lim […]
10 US Fintech Firms Form Association to Promote...
by Mark Knowles on November 29, 2018 at 8:29 am
Ten major financial services and technology firms in the US have established a new industry body, called the Association for Digital Asset Markets (ADAM), with the aim of formulating a “code of conduct” for self-regulation in digital […]
Gibraltar Blockchain Exchange Granted DLT License...
by Mark Knowles on November 23, 2018 at 4:35 am
The Gibraltar Blockchain Exchange (GBX) this week announced that it has been licensed as a provider of distributed ledger technology by the Gibraltar Financial Services Commission (GFSC). As of Wednesday (Nov 21) the GBX will operate as a fully […]