regulation

⧉infominer 07-Aug-18 11:56 PM
Finance ministers seeking to crack down on tax evasion this week in Buenos Aires have cryptocurrencies like Bitcoin at the forefront of their minds.
Digital Asset Transactions: When Howey Met Gary (Plastic)
⧉infominer 08-Aug-18 12:41 AM
Bipartisan bill will make it much easier to use Bitcoin to pay for every day goods and services.
⧉infominer 09-Aug-18 06:17 PM
Blockchain token based projects need network effects. There needs to be a mechanism for fairly and widely distributing tokens to in order for the project …
⧉infominer 10-Aug-18 07:05 PM
The French government has given the official nod for trading unlisted securities using blockchain technology.
⧉infominer 10-Aug-18 08:54 PM
In guidelines published today, the Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling enquiries from ICO organisers. The guidelines also define the information FINMA requires to deal with such enquiries...
⧉infominer 10-Aug-18 09:10 PM
This section covers tax topics for U.S. citizens or resident aliens living overseas.
⧉infominer 10-Aug-18 09:18 PM
http://www.fsb.org/wp-content/uploads/P180318.pdf - G20 Financial Stability Board (edited)
⧉infominer 18-Aug-18 08:01 PM
From breaking news and entertainment to sports and politics, get the full story with all the live commentary.
⧉infominer 25-Aug-18 10:11 PM
Jerome Powell, the current Chairman of the Federal Reserve, has stated cryptocurrencies come up a lot at G7 and other international forums, but the Fed doesn’t have any authority over it....
⧉infominer 25-Aug-18 10:28 PM
The US Commodity Futures Trading Commission’s chairman, Cristopher Giancarlo, has recently made some waves following blockchain-related comments made at a Congressional public hearing this week. The hearing was dubbed ”Examining the Upcoming Agenda for the CFTC”, and wa...
⧉infominer 25-Aug-18 10:35 PM
Dissent of Commissioner Hester M. Peirce to Release No. 34-83723; File No. SR-BatsBZX-2016-30, July 26, 2018
⧉infominer 25-Aug-18 11:59 PM
I wrote a thing 👇👇👇 Why I think policy makers don't have to fear decentralised exchanges (the devil is in the detail) cc @HectorRosekrans @DistribLedgers @GlobalDigitalFi @lwintermeyer @Melt_Dem @mayazi @NoelleInMadrid https://t.co/1Pi6Mn3Yb4
⧉infominer 26-Aug-18 12:08 AM
Sixteen Japanese cryptocurrency exchanges have applied to form a certified self-regulatory organization for the industry.
⧉infominer 26-Aug-18 12:15 AM
SEC's Division of Investment Management has a lot of questions related to crypto funds. I'm happy that there's finally an online forum for people to respond: https://t.co/A78o4y1ulS
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⧉infominer 26-Aug-18 12:36 AM
1/ Put on your parachute pants because today we're diving into AIRDROPS. Are they illegal? Can they be an alternative to an ICO? Did the SEC say yesterday that they’re forbidden? Is this all FUD??? Read on because this is gonna be a weird one.
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⧉infominer 28-Aug-18 03:22 PM
How Bitcoin's inception helps us understand good policy for securities regulation
⧉infominer 30-Aug-18 07:38 PM
Taxation of Bitcoin, Cryptocurrencies and Tokens in Hong Kong
We start this analysis with an unusual positive: cryptocurrency regulation in Australia is moving in the right direction, and the latest legislative developments regarding cryptocurrencies should be welcomed by the general public as a step in the right direction. Offering pro...
Including U.S. Citizens in Your ICO or TGE https://t.co/kcj0dQkaRm
⧉infominer 31-Aug-18 04:46 PM
This post is a brief list of cryptocurrency regulation status in various countries around the world - who likes them, who wants the criminalize them, etc.
⧉infominer 03-Sep-18 09:27 PM
The central bank of India has reportedly formed a special unit tasked to track emerging technologies such as those related to cryptocurrencies.
⧉infominer 04-Sep-18 11:43 AM
Crypto Tax And ICO Regulations In The United Kingdom https://t.co/tRrBoYzdRt
⧉infominer 04-Sep-18 11:58 AM
August 28, 2018:Borg: “State and provincial securities regulators are committing significant regulatory resources to protect investors from financial harm involving fraudulent ICOs and cryptocurrency-related investment products and also are raising awareness among industry ...
⧉infominer 08-Sep-18 08:53 PM
The Philippine Securities and Exchange Commission (SEC) has exploring regulating cryptocurrency as trading platforms, according to SEC Commissioner Ephyro Luis Amatong. Commissioner Amatong also indicated that the current Australian and Swiss legislative apparatus pertaining ...
⧉infominer 17-Sep-18 12:06 AM
Awesome map from @longhash shows the patchwork of state money transmission licenses that cryptocurrency companies have to navigate. This problem has been a big focus for us over the last few years. https://t.co/6v9dcYP8Ec
Know-your-customer (KYC) and anti-money-laundering (AML) laws are authoritarian tools disguised as consumer protection & designed to keep financial institutions working directly w/the state in power. If you are a dev REMOVE these reqs now & instead tie account to a BTC a...
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⧉infominer 19-Sep-18 09:24 PM
House of Commons Treasury Committee Crypto-assets
⧉infominer 21-Sep-18 02:16 PM
The Congressional Blockchain Caucus is growing and its new co-chair is taking steps to make life easier for cryptocurrency developers and users
⧉infominer 22-Sep-18 11:56 PM
Jason Weinstein and Alan Cohn, partner and of counsel, respectively at law firm Steptoe & Johnson, discuss their work with the Blockchain Alliance, a coalition of both blockchain and cryptocurrency companies as well as law enforcement agencies including Interpol, the FBI, the...
⧉infominer 23-Sep-18 12:57 AM
Bitcoin is money, even when you don’t want it to be. Several courts have found that it satisfies the “investment of money” element of the…
Crypto in 2017 - "Fuck the system!! fuck the man!! this is a financial revolution!! we dont need banks or regulation!!" Crypto in 2018 - "FBI help!! SEC help!!! my altcoins are going down man!! this is manipulation!!!"
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⧉infominer 23-Sep-18 01:28 AM
The International Monetary Fund (IMF) has exerted pressure on the Marshall Islands to torpedo its proposed crypto. The move by the Washington-based global financial institution has been cited as evidence of the steps central bankers will take to thwart cryptocurrency adoption...
⧉infominer 23-Sep-18 06:26 AM
Import your data from any exchange and export to the required tax forms. Accurate data every time.
⧉infominer 24-Sep-18 11:09 PM
Part 4 of "International banking and financial market developments" (BIS Quarterly Review), September 2018, by Raphael Auer and Stijn Claessens. Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations, transaction vo...
⧉infominer 27-Sep-18 05:54 PM
1 broker is getting sued by the SEC. https://www.sec.gov/news/press-release/2018-218
⧉infominer 27-Sep-18 11:34 PM
NY is that abusive, controlling ex you broke up with 3 years ago but they keep stalking you, throwing shade on your new relationships, unable to accept that you have happily moved on and are better off without them. #getoverit https://t.co/DC5S1WyRnp
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⧉infominer 28-Sep-18 07:01 PM
The head of the Financial Action Task Force expressed confidence that a global standard on cryptocurrency anti-money laundering will be available in October this year.
⧉infominer 28-Sep-18 07:23 PM
Representative Tom Emmer announced three bills to support blockchain technology and cryptocurrency. The bills are as follows: The Resolution Supporting Digital Currencies and Blockchain Technology supports a “light touch, consistent, and simple legal environment” for cr...
⧉infominer 28-Sep-18 07:48 PM
In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering, the chief accountant of the United States Securities and Exchange Commission (SEC)...
⧉infominer 29-Sep-18 01:04 AM
Coming soon to a jurisdiction near you... Messari’s Unqualified Opinions Issue #2 TLDR: The NYAG report on crypto trading platforms is the most comprehensive investigation released to date by a regulator. It contains a wealth of information. But to understand it, you need s...
⧉infominer 29-Sep-18 01:37 AM
Part 4 of "International banking and financial market developments" (BIS Quarterly Review), September 2018, by Raphael Auer and Stijn Claessens. Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations, transaction vo...
⧉infominer 29-Sep-18 02:22 AM
Thread by @finck_m: "The French data protection authority has issued the first formal guidance on the relationship between and the in the . n points. Here is the full text: cnil.fr/sites/default/… 1. The @CNIL make […]" #blockchain #GDPR #EU #developers
⧉infominer 30-Sep-18 09:44 PM
New York AG Barbara D. Underwood released a report on virtual markets, finding many platforms vulnerable to abusive trading, conflicts of interest, and other consumer risks.
Coming soon to a jurisdiction near you... Messari’s Unqualified Opinions Issue #2 TLDR: The NYAG report on crypto trading platforms is the most comprehensive investigation released to date by a regulator. It contains a wealth of information. But to understand it, you need s...
⧉infominer 30-Sep-18 11:24 PM
New research into publicly available records shows that U.S. government agencies have tripled their investment in blockchain intelligence firms this year.
0/ A quick summary of today's ruling in the My Big Coin case. In short, a federal court says all digital currencies are commodities & the CFTC has jurisdiction to prosecute fraud & manipulation in crypto. In my view, the ruling is deeply flawed. Thread.https://t.co/Wsy...
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⧉infominer 03-Oct-18 05:23 PM
Federal Court Finds that Virtual Currencies Are Commodities
⧉infominer 03-Oct-18 06:11 PM
We are home to a passionate group of people, technologists, and dreamers committed to rebuilding the legal industry.
⧉infominer 04-Oct-18 10:01 PM
When contrasting contractual principles, it is clear that where a contract is not required to be in writing (Columbia Law Review, Apr…
⧉infominer 05-Oct-18 04:28 AM
SEC Director Hinman gave a public speech which was subsequently affirmed by testimony from Chairman Clayton. A key point in his speech for many was his observation that ether (ETH) was no longer a security because it had become sufficiently decentralized.
⧉infominer 05-Oct-18 06:43 AM
http://www.fatf-gafi.org/media/fatf/documents/reports/FATF-Report-G20-FM-CBG-July-2018.pdf FATF Report to the G20 Finance Ministers and Central Bank Governors —July 2018
...................................................................................................................................... @fongor check this out, fatf and G20 is one to watch out for! (edited)
⧉infominer 08-Oct-18 01:06 AM
0/ A quick summary of today's ruling in the My Big Coin case. In short, a federal court says all digital currencies are commodities & the CFTC has jurisdiction to prosecute fraud & manipulation in crypto. In my view, the ruling is deeply flawed. Thread.https://t.co/Wsy...
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⧉infominer 08-Oct-18 01:25 AM
I have huge respect for Jake and am usually a fan of his analyses but respectfully I think his conclusion is off the mark. Other lawyers have made similar points regarding the My Big Coin arguments so I think it's worth providing some thoughts on the CEA's application to t...
⧉infominer 08-Oct-18 08:42 PM
Legal Framework For Crypto-Ledger Transactions I. Integration of Law and Computer TechnologyThe marriage of law and technology in the late 20th and early 21st century can be divided into three phases Phase one involved digitizing information itself: taking paper and in...
This is not legal advice, please seek professional guidance from an attorney.
⧉infominer 11-Oct-18 03:41 PM
Executive Summary Crypto-assets,1 such as bitcoin2 and ether, reached an estimated total market capitalisation of $830 billion on 8 January 2018, before falling sharply in subsequent months. These markets remain small compared to the global financial system, and crypto-assets are not yet widely used for financial transactions, but markets are changing rapidly. The growth of crypto-asset trading platforms (often misleadingly called ‘exchanges’);3 the introduction of new financial products (such as crypto-asset funds and trusts and exchange-traded products); and the growing interest by retail investors, raise questions about the implications of crypto-assets for financial stability.
⧉infominer 13-Oct-18 04:41 PM
The global formation and distribution of capital has value to both new market entrants and incumbents in financial services. Global Digital Finance endeavours to drive efficient, fair and transparent crypto asset markets by building a knowledge base and best practice for “T...
⧉infominer 13-Oct-18 07:55 PM
Statement on Potentially Unlawful Online Platforms for Trading Digital Assets Divisions of Enforcement and Trading and Markets March 7, 2018
⧉infominer 13-Oct-18 09:18 PM
By Andrew P. Cross on September 14, 2018 Posted in Bitcoin, Blockchain and Digital Currencies
⧉infominer 14-Oct-18 10:53 AM
A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 contains important definitions of some key blockchain and crypto terms.
⧉infominer 30-Oct-18 08:29 PM
The Cryptoassets Taskforce consisting of the HM Treasury, Financial Conduct Authority (FCA), and the Bank of England recently released a Cryptoassets Final Report on October 29, 2018. According to the U.K. Government, the report provides a high-level overview of the U.K.’s ...
⧉infominer 03-Nov-18 11:21 AM
8/ To be clear, this ruling isn't that big of a deal. It doesn't mean every crypto is now officially a commodity across the US. It just means the CFTC did a good enough job in this case to move on to the next stage. The question of how to classify digital assets will burn...
Notice that securities are in that list - that's not a typo. Securities are a type of commodity under the CEA, with jurisdiction reserved for the SEC. They are commodities, albeit ones carved out and overseen by a different regulatory agency- too few lawyers recognize this...
⧉infominer 04-Nov-18 08:37 AM
FATF Report to the G20 Finance Ministers and Central Bank Governors —July 2018 https://t.co/QpEBA42VTn
⧉infominer 04-Nov-18 02:18 PM
The Official website of The United States Committee on Banking, Housing, and Urban Affairs
⧉infominer 04-Nov-18 03:25 PM
The first law journal to publish on the greater blockchain space, featuring Articles (peer-reviewed), Essays, and Comments.
⧉infominer 05-Nov-18 07:52 AM
The Financial Action Task Force(FATF), a 37-nation group set up by the G7 industrial powers, is planning to formulate its first set of governing rules and guidelines that govern cryptocurrency industry by June 2019, the global watchdog said on Friday. Paris-based FATF look fo...
⧉infominer 24-Nov-18 04:34 PM
Interview location: Washington Interview date: Tuesday 20th Nov, 2018 Organisation: U.S. Securities and Exchange Commission Role: Commissioner As the market for cryptocurrencies has grown, so has the oversight from the various regulators who manage the different aspects of...
⧉infominer 25-Nov-18 08:26 PM
Huge news: Library Innovation Lab at Harvard Law School Library announces "the launch of its Caselaw Access Project (CAP) API and bulk data service, which puts the full corpus of published U.S. case law online for anyone to access for free." https://t.co/1IxBiIQbCV
⧉infominer 25-Nov-18 08:33 PM
An expert from major British law firm RPC stated that the introduction of a crypto regulatory framework in the U.K. could take two years.
⧉infominer 25-Nov-18 09:17 PM
Stanford Journal of Blockchain Law & Policy
The People's Bank of China, the country's central bank, is looking to clamp down on airdrops – free distributions of crypto tokens.
The Ukrainian government confirmed their plans to establish a regulation to legalize cryptos in the region, according to an official statement. The Ministry of Economic Development and trade have initiated a state policy in the field of digital assets.
⧉infominer 25-Nov-18 10:04 PM
Interview location: Washington Interview date: Tuesday 20th Nov, 2018 Organisation: U.S. Securities and Exchange Commission Role: Commissioner As the market for cryptocurrencies has grown, so has the oversight from the various regulators who manage the different aspects of...
⧉infominer 01-Dec-18 12:56 AM
Statement by Divisions of Corporation Finance, Investment Management, and Trading and Markets on digital asset securities issuance and trading.
⧉infominer 08-Dec-18 11:54 PM
The Ukrainian government confirmed their plans to establish a regulation to legalize cryptos in the region, according to an official statement. The Ministry of Economic Development and trade have initiated a state policy in the field of digital assets.
⧉infominer 09-Dec-18 12:14 AM
1/ Such a great panel on the creation, evolution, and application of regulation with @MoadFahmi @BermudaMonetary, Kristin Boggiano @AlphaPointLive, Commissioner Robert Jackson Jr @SEC_News and @kerstpe of Digital Finance Europe, moderated by Aditya Narain @IMFNews #dcfinte...
⧉infominer 09-Dec-18 01:01 AM
The use of cryptos is often associated with illegal or criminal transactions, and many governments cite this as being the reason for their ban.
⧉infominer 09-Dec-18 01:34 AM
JUST IN: SEC charges EtherDelta founder with operating an unregistered exchange -- its the agency's "first enforcement action based on findings that such a platform operated as an unregistered national securities exchange." Story to come
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⧉infominer 09-Dec-18 01:44 AM
1/ Talked to a NYAG attorney last night, who said this: The SEC is engaged in the crypto exchange space. With Etherdelta, they got Coburn to cooperate & show that existing laws fit in this space. Translated: “We know how to put the crypto economy in our existing framewo...
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I interviewed Katherine Wu about regulation in crypto. We covered ShapeShift, 1broker, and the cost of regulatory grey areas.
⧉infominer 22-Dec-18 07:11 PM
1/ Talked to a NYAG attorney last night, who said this: The SEC is engaged in the crypto exchange space. With Etherdelta, they got Coburn to cooperate & show that existing laws fit in this space. Translated: “We know how to put the crypto economy in our existing framewo...
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⧉infominer 23-Dec-18 03:02 AM
1/ 🚨 NEW LAW ALERT. A federal court in California just ruled against the SEC in an ICO case, explaining what a plaintiff will now have to prove for an ICO to be a security. If you care about whether ICOs create securities, read on. If not whatever im not the boss of you
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1/ Today, the US Department of the Treasury, through the Office of Foreign Assets Control (OFAC) took the historic step of adding two Bitcoin addresses to its list of sanctioned parties. In this thread, I'll break down what that means.
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Treasury Designates Iran-Based Financial Facilitators of Malicious Cyber Activity and for the First Time Identifies Associated Digital Currency Addresses
1/ TWEETSTORM to answer ?s many asked abt #Wyoming's new #blockchain bills, including blockchain-friendly #bank bill. Bottom line: in addition to enacting 5 blockchain-friendly bills in 2018, 6 more bills have an elevated chance of becoming law bc they're now "committee bi...
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⧉infominer 23-Dec-18 04:05 AM
Major US regulators for crypto: - SEC (securities, exchanges, funds...) - CFTC (derivatives, margin trading...) - DOJ (crimes...) - FINRA (brokers...) - FinCEN (money laundering...) - OFAC (sanctions...) - CFPB (consumers...) - OCC (banks...) And they're just getting sta...
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⧉infominer 23-Dec-18 04:15 AM
For the first time, bitcoin addresses have been added to an Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list On Wednesday, November 28, the US Treasury added two bitcoin addresses to the OFAC SDN list. For those not familiar, a bitcoin address...
⧉infominer 23-Dec-18 06:03 AM
Over the past weeks, the 🇪🇺 Parliament has issued two reports on #blockchain. I'll summarize the key points below. 👇
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⧉infominer 23-Dec-18 05:00 PM
The essential Ethereum information hub. Contribute to ethhub-io/ethhub development by creating an account on GitHub.
⧉infominer 22-Jan-19 11:56 PM
1/ Yet another great thread from @jchervinsky. I agree regarding the conclusion. Now let’s look a bit more at the underlying drivers. https://t.co/8QwIm3rwvr
⧉infominer 23-Jan-19 02:15 AM
US, China and Europe have different data laws — that could be a big headache for companies in 2019 https://t.co/QTyiIyT2Oz
⧉infominer 12-Feb-19 03:26 PM
Two congressmen are introducing a bill that would exclude digital currencies from the decades-old definition of a security.
⧉infominer 20-Feb-19 12:01 PM
⧉infominer 06-Mar-19 11:57 AM
In stating that ether is not a security, the SEC has suggested that the 'decentralization' of a blockchain system may have legal consequences. This paper examin
⧉infominer 10-Mar-19 09:34 PM
The Legal Aspects of Blockchain (UNOPS)
⧉infominer 11-Mar-19 09:15 PM
This week we look at two new complaints, and one new opinion. The new complaints deal with the actions of agents, what happens when you…
South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto.
⧉infominer 11-Mar-19 09:29 PM
1/ TWEETSTORM about #Wyoming’s BIG REVEAL. This is long & info-packed, so buckle in. My native state is about to do bigger things for #blockchain, & the sector is about to pay Wyoming back big-time. Win-win! @Tyler_Lindholm @SenatorDriskill @TraceMayer @ForbesCrypto
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⧉infominer 11-Mar-19 09:59 PM
U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay taxes on their holdings.
⧉infominer 11-Mar-19 10:41 PM
The Italian government could soon amend a law to allow legalized blockchain verification of documents.
⧉infominer 04-Apr-19 03:18 PM