Jan 07, 2020 at 14:03
Turkey to Regulate Cryptocurrencies and Audit Bitcoin
The lack of clear investor rights in Bitcoin (BTC) and other blockchain-based cryptocurrencies and the absence of aboveboard regulations to protect rights are concerning public authorities, and upon request, the Capital Markets Board of Turkey has taken action to review and regulate digital currencies and intermediaries.
May 17, 2019 at 12:38
Pros and Cons of ICO & Cryptocurrency Regulations in Italy
A proposal dubbed “Document for Discussion” by Consob, a supervisory authority in Italy responsible for shielding consumers and investors from being overexploited by bad actors, to regulate initial coin offerings (ICOs) and all activities conducted by cryptocurrency exchanges deserves an in-depth analysis since the proposal carries a wide range of pros and cons.
Apr 25, 2019 at 12:07
Legislation for Blockchain Security is Underway in Italy
The issue of security in Italian legislation has continued to be a major focus ever since blockchain, distributed ledger technology and smart contracts were legally introduced in the simplification decree back in February 2019. Thus, basing on different potential technology, there is no single Blockchain, but instead, there are multiple chains.
Taxation Side of Bitcoin & Cryptoсurrency in Italy
The cryptocurrency regulatory framework in Italy still has many uncertainties, particularly around tax obligations, in addition to anti-money laundering (AML) and financial transparency onuses and obligations. The Italian tax authorities have offered some indications, but tactlessly they are very far away from convincing.
San Marino Issues Blockchain and Crypto AML Decree
In an effort to prevent illegal activities that go with blockchain and crypto, Republic of San Marino has come up with a decree aiming at creating strong anti-money laundering regulation (AML) in relation to the distributed ledger technology (DLT), so as to standardize the technology, and further evaluate all potential scenarios in Italy.
Indian Government is in Fear of Cryptos Sweeping Out Rupee Fiat Currency
The risks associated with digital currencies such as Bitcoin (BTC) are very clear. The dark side of the cryptocurrency revolution includes terrorism financing, money laundering, drug dealing, sex, violence, gambling and more. But a prominent panel tasked with drafting rules for the crypto industry in India is now haunted by its impact on a less-tapped field.
Two US Congressmen to Officially Submit New Pro-Crypto Bills Soon
The Token Taxonomy Act (TTA) is currently regarded as the heftiest pro-crypto bill of all the bills that have hitherto been debated. This is due to the fact that the bill will once again provide US citizens with the exemption to maximumly engage in digital currency markets by giving cryptos legal classifications.