UK’s FCA Discusses Derivatives Ban Despite 3 Million Crypto Users
The UK’s financial regulator, the Financial Conduct Authority (FCA), has cited “integrity issues” as a reason for considering placing a ban on cryptocurrency derivatives in an event in London of 20 November. The comments were made by the FCA’s executive director of strategy and competition Christopher Woolard, addressing invited guests at the Regulation of Cryptocurrencies event […]
BitFury Completes Coup with Appointment of Former SEC Commissioner in Director Role
Leading full-service blockchain technology company Bitfury has announced the addition of two key members to its Board of Directors. With the addition of co-founder of Korelya Capital, Antoine Dresch, and Annette Nazareth, a former staff of the US Securities and Exchange Commission (SEC) to the company, Bitfury is gaining essential experience in the right areas. In […]
BitcoinNews.com Daily Podcast 20 November 2018: Market Continues Slide As Bakkt Delays Bitcoin Futures
Listen to the 20 November 2018 BitcoinNews.com Daily Podcast below. [su_audio url =”https://anchor.fm/s/58aba88/podcast/play/1765444/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-10-21%2F5951115-44100-2-ebbf0948b4645.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss how Bakkt has delayed the launch of physical Bitcoin futures, and how the crypto market has continued to dropped further. Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker. We broadcast […]
3,085 Bitcoins Subject of Singapore’s First Bitcoin Trial
The first cryptocurrency trial in Singapore involving a claim of some BTC 3,085 due to a trade reversal by Quoine exchange began yesterday in Singapore International Commercial Court (SICC). On 19 April 2017, market maker B2C2 sued Quoine for the unauthorized reversal of 7 trade orders amounting to BTC 3,092 placed by the plaintiff on […]
Spain’s Tax Office Homes in on 15,000 Crypto Investors
As part of a new taxation law introduced in October by Spain’s Council of Ministers, which requires private citizens to declare their cryptocurrency holdings, some 15,000 individuals have now been targeted. The new tax model centered on private cryptocurrency investors carries stiff penalties of up to EUR 5,000 (USD 5,740) for inaccurate tax returns. The […]
North Korea Confirms First International Blockchain Event for April 2019
Reports in August that North Korea was considering hosting a cryptocurrency summit at some time in the future have materialized, with Pyongyang’s latest press release confirming April 2019 as all systems go. According to the official website of the DPRK, the Pyongyang Blockchain and Cryptocurrency Conference is set for 18 to 25 April 2019, when, […]
SWIFT India Turns to DLT for More Secure Security, Fraud-Resistant Bank Services
SWIFT India and MonetaGo have teamed up to form a pilot shared DLT network in order to upgrade Indian bank services, facilitating fraud prevention and security. SWIFT, a major provider of financial messaging services and financial tech firm MonetaGo, see the product as capable of servicing all Indian banks in the future by using the […]
Identification, Tax, Self-Regulation Named Emerging Trends in Crypto Regulation
Ex-senior official at the US Commodity Futures Trading Commission (CFTC) Jeff Bandman recently shared his expectations on the future of cryptocurrency regulations, pointing to identity checks, a clearer tax obligation, and industry self-regulation as trending areas. Bandman said that a turning point for cryptocurrency regulation came in 2013 when the US government auctioned off the substantial […]
Physical Bitcoin Futures on Bakkt Delayed to Q1 2019
Bakkt, a new cryptocurrency exchange which is being operated by the Intercontinental Exchange (ICE), has pushed back its launch to 24 January 2019, and this is still subject to regulatory approval. It originally projected that physical Bitcoin futures would launch on 12 December 2018. The announcement came on a day Bitcoin price hit new lows not […]
