regulation | ForkLog

ForkLog 38 25.12.2015

Putin Presented with a Roadmap for Blockchain Regulation

Russian Internet Development Institute (IDI) offered the president Vladimir Putin a roadmap regulating implementation of blockchain technology. Moreover, the roadmap includes proposals as to crowd-funding and crowd-investment, facilitate taxation of freelancers, and withdraw limitations on anonymous payments for tax and loan purposes.

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ForkLog 70 24.12.2015

Nigeria’s Financial Restrictions May Inure Bitcoin

In accordance with an order by the Central Bank of Nigeria, the country’s citizens will not be able to use their plastic cards abroad.

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ForkLog 60 23.12.2015

The French Members of the European Parliament Seek to Ban Bitcoin Activities

The motion tabled on November 25 by three European Parliament members representing a French right-wing party seeks to grant the right to the EU member states “to exercise stricter controls over all virtual currency exchange transactions and even to prohibit them”.

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ForkLog 288 20.12.2015

A Draft Bill Implying Bitcoin Legalization Introduced in the Russian Parliament

December 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.

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ForkLog 51 18.12.2015

France Lobbies for Imposing Severe Restrictions on Bitcoin in the Wake of the Paris Massacre

Following the terrifying massacre and bombings in Paris last month, the French government started insisting on restricting or even banning several technologies facilitating anonymous money transfers, including digital currencies.

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ForkLog 57 17.12.2015

Russian Ministry of Finance: Development for Blockchain, and Ban for Bitcoin

Interest towards blockchain in Russia continues growing, while bitcoin still faces the perspective of banning. Russian Ministry of Finance confirmed its intent to ban cryptocurrency in an exclusive comment to ForkLog.

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ForkLog 66 16.12.2015

The Securities and Exchange Commission Approves Blockchain-based Securities by Overstock

U.S. Securities and Exchange Commission has approved the application from Patrick Byrne’s renowned company Overstock to issue its securities online via a blockchain-based technology. This might be an evidence of a substantial paradigm shift for the authorities’ stance as to anything related to crypto-space. According to the documents available to the general public, Overstock’s filing […]

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ForkLog 118 16.12.2015

BitPesa Remains Discontinued from M-Pesa

According to the recent ruling by the Kenyan High Court, local operator Safaricom servicing M-Pesa will not have to provide access to bitcoin startup BitPesa. Though the case is far from being dismissed, the current ruling would prolong the service’s inability to operate as is. Last month, the mobile payments company Lipisha’s accounts had been […]

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ForkLog 48 07.12.2015

Former White House Official Joins Bitfury

Jamie Smith who had previously worked at the White House as the president’s special assistant has taken the position of Bitfury’s head of global communications department.

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ForkLog 28 07.12.2015

Former Deputy Minister for Finance of Russia: Bitcoin is the Biggest Financial Breakthrough in Fifty Years

Alexei Savatyugin, former deputy minister for finance of Russia called cryptocurrency the biggest financial and economic breakthrough in last fifty years. He stated that in an interview to publication The Banker. In addition, he noted that there were not many revolutions of that kind in the history of the civilization.

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ForkLog 80 01.12.2015

Estonia Seeks Cryptocurrency Clarification

The Supreme Court of Estonia has made a request addressed to local central bank, two government departments, the Bank of Estonia, and the country’s financial regulator, to clarify their views on legal stance of digital currencies in regard to AML policies and general essence of cryptocurrency and the underpinning technology thereof.

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ForkLog 58 30.11.2015

Barbados is Recommended to Use Crypto Money as Reserve Currency

Former employees of the Central Bank of Barbados have issued a paper titled ‘Should Cryptocurrencies Be Included In The Portfolio Of International Reserves Held By The Central Bank Of Barbados?’ where they suggest that the island’s regulator should consider using cryptocurrency as its foreign reserve. However, according to the authors, the amount of the reserve […]

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