Political and Law news

Political attitude and new laws about using cryptocurrency and Blockchain technology

Feb 15, 2018 at 16:06
South Africa Considers JP Morgan’s Blockchain Tech to Incorporate in Banks
The South African Reserve Bank announced on February 13 that it is working with the Brooklyn-based Ethereum startup ConsenSys on a trial program using JP Morgan’s open source blockchain platform Quorum. It will help to deal with interbank clearing and settlement.
Feb 14, 2018 at 17:10
Thailand’s Central Bank Asks All Local Banks to Avoid Dealing With Cryptocurrencies
The Bank of Thailand has released a circular appealing to banks to avoid dealing with any business involving cryptocurrencies, as their suspicion of digital currencies grows into a real fear of the possible problems with trading in an unregulated financial market.
Feb 12, 2018 at 14:52
The Head of the Chechen Republic has Decided to Buy Bitcoin
The Head of the Chechen Republic and a former member of the Chechen independence movement, Ramzan Kadyrov, has announced on Twitter his intention to buy a share of Bitcoin. He has not mentioned the amount of investment but he did admit that the money could be lost.
Feb 06, 2018 at 18:36
Breaking News: China and Hong Kong to Hunt Down All Cryptocurrencies
Update: it is possible that the letter mentioned in this article came from fake or hacked email, and its author had intentions to manipulate prices of cryptocoins on the market.
Jan 26, 2018 at 13:32
Russia to Create “CryptoRuble” and Legalize Cryptocurrency Trading
The deputy of State Duma from the Communist Party of the Russian Federation, Rizvan Kurbanov, has submitted a draft of a bill to the government that would fix a new crypto token called "CryptoRuble" as an official means of payment in Russia.
Dec 22, 2017 at 17:13
Belarus Legalizing Cryptocurrency Mining, Trading and Payments
Alexander Lukashenko, the President of Belarus has signed a Decree on the development of the Blockchain-based digital economy, which also implies the official development of cryptocurrency payment acceptance, mining and trading. Moreover, tax privileges will be introduced for transactions with cryptocurrencies.
Dec 18, 2017 at 12:50
Five Russian Cryptocurrency Projects Everyone Should Know About
Russia has produced lots of prominent figures in the crypto industry, including Vitalik Buterin and Igor Barinov. These days, it’s almost impossible to come across some ICO landing page without seeing at least one Russian name on the team.
Oct 11, 2017 at 18:28
Why Incorporation in Estonia Is the New Black
These days, the names of cryptocurrency-related projects often include OÜ, which stands for the Estonian osaühing. Generally, it corresponds to Limited Liability Company, and implies that the company was incorporated in Estonia. The number of projects that have preferred this jurisdiction over others is steadily growing.
Sep 28, 2017 at 16:10
When Fiat goes Paperless: Japan's J-Coin
Japan’s banking industry will be launching ‘J-Coin’, a new digital currency that is the digital equivalent to the Yen.
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