The president of BaFin thinks blockchain-based applications are “revolutionary” and could turn the entire financial sector “upside down.”
UK’s Financial Watchdog Issues Letter to Banks on Crypto Risks
The U.K.’s Financial Conduct Authority has written to bank CEOs over the risks of “facilitating financial crimes which are enabled by cryptoassets.”
Lithuania Issues Guidelines for When ICO Tokens Are Securities
Lithuania’s Ministry of Finance has published guidance on ICOs, outlining how different aspects of token offerings should be regulated.
Russian Court Overturns Cryptocurrency Media Ban
A city-level court in Russia has revoked a ban issued in 2016 that blocked cryptocurrency media site bitcoininfo.ru, among others.
Taking Back Power: An Upstart Government Plans to Tokenize Energy
The plan is to incentivize solar power generation by circumventing rules inhibiting its adoption made by Madrid.
UK ‘Cryptoassets’ Task Force Plots Path Forward at First Meeting
The U.K.’s new Cryptoassets Taskforce has taken the first step on its mission to “develop thinking and policy” around blockchain and cryptocurrency.
EU, US Lawmakers Tout ‘Sandbox’ Approach for Blockchain Development
Lawmakers at CoinDesk’s Consensus 2018 conference today argued that regulatory “sandboxes” may offer the best approach for blockchain innovation.
France Is Cutting the Tax Rate for Retail Crypto Traders
France is about to offer relief to amateur cryptocurrency investors, after a ruling by the country’s Council of State.
‘Enough Is Enough’: Finance Guru Sues Facebook Over Crypto Scams
Martin Lewis, a British personal finance writer, is suing Facebook for allowing his likeness to be used in scammers’ advertisements on the platform.
Why ICOs Could Eat Delaware’s Lunch
Delaware’s status as a go-to jurisdiction for business can’t be taken for granted as tokens take off and issuers flock to blockchain-friendly states.
EU Parliament Votes for Closer Regulation of Cryptocurrencies
The European Parliament has voted for regulations to prevent the use of cryptocurrencies in money laundering and terrorism financing.
Malta Proposes Test to Define When ICOs Are Securities
Malta is moving closer to introducing a test that would clearly define when assets derived from initial coin offerings are securities.
22 European Nations Form New Blockchain Partnership
Over 20 European countries have jointly established a new blockchain group to share technical and regulatory expertise.
Bank of England Eyes Regulatory Oversight of Private Blockchain Data
The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.
UK Cyber Security Division Issues Warning on PC ‘Cryptojacking’
The UK National Cyber Security Centre highlighted the rising number of browser apps which force computers to mine cryptocurrencies in a new report.
UK Finance Watchdog Issues Warning on Crypto Derivatives
The Financial Conduct Authority has warned that firms offering services around crypto derivatives and ICOs “likely” need to be authorized.
Spain’s Tax Authorities Seek Crypto User Names and Bank Accounts
The move comes after the Spanish finance ministry called the use of cryptocurrencies in organized crime a “pressing challenge.”
Liechtenstein to Avoid ‘Excessive’ Blockchain Regulation: Prime Minister
Liechtenstein’s government is drafting blockchain legislation, but will not be heavy-handed, Prime Minister Adrian Hasler has told CoinDesk.
Don’t Forget the ‘Other’ Cryptocurrency Tax
If cryptocurrency gains acceptance as a means of exchange, it’s sure to raise the ire of governments hungry for revenue from sales taxes.
Malta Watchdog Proposes New Blockchain Gaming Guidelines
The Malta Gaming Authority has published draft regulations for digital game companies that want to use distributed ledger or blockchain platforms.