Regulation


US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada
With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.
Indian Minister Reveals Crypto Regulatory Measures to Tame Terrorism
G. Kishan Reddy, India’s Union Minister of State (MoS) for Home Affairs disclosed that the nation would incorporate the standards of the Paris-based Financial Action Task Force (FATF) to deter terrorism by cutting off funding sources, especially cryptocurrencies.
Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain
Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain.
Hong Kong’s Securities and Futures Commission Sets New Regulations for Crypto Exchanges
The Securities and Futures Commission, Hong Kong’s financial regulatory has set out new regulations for Bitcoin and cryptocurrency exchanges on Oct. 6. Announced by Ashley Alder, Chief Executive of the Hong Kong SFC made an announcement in his speech at the Hong Kong FinTech Week 2019. Following his speech, the SFC also published a new regulatory approach to “virtual asset trading platforms,” on its website.
US Congress Plans New Provisions for Cryptocurrency Derivatives Markets
The US Congress aims to pass a new bill deciding on data collection for digital commodities contracts and swaps.
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
South Korea Intensifies Blockchain in Banking but Rules Out Digital Fiat Currency
Wide application of blockchain technology is expected to affect people’s lives, business, education, governance, and other sectors. That is the reason, many countries explore and even deploy the huge potential of this technology. But the latest trend of the technology seems to have taken a new twist in South Korea. Now let’s find out why South Korea continues adopting blockchain in banking but rejects rolling out digital fiat currency.
UK Tax Authority Updates Its Guidelines for Crypto Taxation
HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’
President of Liberland Keynotes in Vienna and London
As part of his continued international work, President of Liberland, Vit Jedlicka, presented recently in both Vienna and London. Opening his talks he asked the audience “who has thought about founding a country?” In both cases, the audience responded with humour and some awe. And in London about six hands went up. Vit had hit upon a nerve which may or may not have been promoted by Brexit.
Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

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