Political and Law news

Political attitude and new laws about using cryptocurrency and Blockchain technology

Nov 16, 2018 at 15:16
The Financial Intelligence Authority Plans to Regulate Cryptos & Blockchain Industry in Uganda
Uganda's Financial Intelligence Authority (FIA) plans to review the law on anti-money laundering so that it can include crypto assets, according to a November 14, 2018 report from nilepost, a local news outlet.
Nov 14, 2018 at 16:37
False News: China Never Lifted the Crypto Ban, Translators Turned Scapegoats
Recently, news about the lifting of bans on crypto trading in China spread like wildfire. Unfortunately, it has turned out to be fake news and this has totally annoyed the Chinese cryptocurrency enthusiasts. This time around, the real truth was lost during the translation process and incompetent translators became the most patsies in this entire story.
Nov 14, 2018 at 15:53
Africans Greatly Adopting Cryptos & Blockchain Tech Regardless of Tax & Regulatory Problems
The African continent has been considered to be not embracing the wide use of cryptos as much as other places such as America, Asia, Europe are, but surprisingly enough, it's now running at tremendous speed to become a home for many crypto exchanges, wallets, and tokens just like Malta.
Nov 13, 2018 at 10:52
New Zealand's Dollar-Pegged Crypto "NZDT" To Be Officially Re-Introduced Next Year
New Zealand's dollar-pegged crypto, popularly known as the New Zealand Dollar Token (NZDT), was delayed many months following its rollout in 2017, after the Blockchain New Zealand conference took place in Auckland. According to the latest news from Newsroom, a local news outlet, a Crypto exchange based in New Zealand which is behind NZDT, is more than ready to release again the crypto within the Q1 of 2019. Plans are underway to be reintroduced to its national fiat currency known as the New Zealand Dollar (NZD).
Nov 10, 2018 at 15:50
Taiwan Government Enforces Laws on All Anonymous Digital Currency Transactions, Aims to Curb Illegal Activities
The government of Taiwan this week enforced laws on unidentified crypto transactions, as it purportedly requested all digital currency exchanges working within its borders to fully establish the identity of their clients via effective know-your-customer (KYC) checks.
Nov 09, 2018 at 13:15
South Korean Body of Lawyers Tasks Government to Establish a Legal Framework for Crypto & Blockchain Sector
The South Korean Bar Association (KBA), a member body of lawyers, asked the government on Thursday November 8, during a news conference held at the Korean Parliament, to formulate an effective legal framework for the digital currency and distributed ledger technology (DLT) industry.
Nov 08, 2018 at 15:05
China to Reinforce Supervision on DLT-Related Financing and SEOs Investments
On Tuesday November 6, the Central Bank of China released a working paper and revealed that the bubbles in distributed ledger technology (DLT) financing are distinct and illusory. The Chinese government is considering to reinforce supervision in order to defend its citizens against major financial risks.
Nov 08, 2018 at 13:25
US SEC Not Ready to Come Out Soon With Final Bitcoin ETF Decision
Lawyer Jake Chervinsky tweeted about the recent rejection of nine Bitcoin (BTC) ETFs by the US SEC and said it would probably be done next month. Ran NeuNer earlier falsely revealed that the authority was to call BTC ETFs by Mon Nov 5, 2018.
Nov 06, 2018 at 14:45
Azerbaijan Gives “Green Light” to Blockchain in Housing and Public Utilities
Azerbaijan is considering applying SMART contracts and distributed ledger technologies (DLT) to the utilities and housing sectors. Its Ministry of Justice is joining the list of government departments adopting blockchain technologies to elevate efficiencies.
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