India's Reserve Bank's stance on cryptocurrencies is being put to a test at the moment. As a potential huge market for cryptocurrencies, the bank had in April barred its regulated entities from dealing bitcoin-like cryptocurrencies but it recently set up an inter-departmental group to study and...
2018 was touted to be the year of regulation in the crypto space. Some market reports shared the view that the gaze of major countries will be on the industry to make their assessment and proffer ways to clear several issues usually associated with the evolving space. However, not much has been se...
The Korea Blockchain Association (KBA) affirms the security standards of 12 cryptocurrency exchanges on Wednesday, including major players such as Bithumb, Coinone, Korbit and Gopax. According to their report, 12 out of 14 Korean crypto exchanges have shown positive result in the re...
The Securities and Exchange Commission (SEC) of Thailand announced on Wednesday that regulations on ICOs will take effect from July 16 according to Reuters. The SEC said in a statement that the digital token issuers must be registered under Thai law and will be able to provide ...
June 19, the overseas version of People’s Daily reported that, Taiwan intends to incorporate Initial Coin Offering (ICO) and bitcoin trading into its regulatory framework due to the ICO and cryptocurrency craze on this island. In early May, Taiwan-based cryptocurrency platform B...
June 13, a South Korean campaigner who is also a blockchain and cryptocurrency lover has won the race to become mayor of Jeju Island. Won Hee-ryong, the new mayor of Jeju Island have told voters ahead of the country’s local elections that he is about to support Jeju-based companies wor...
Japanese Financial Service Agency (FSA), the financial regulator of Japan, is reportedly to reject a crypto exchange application. It has been record as the first time the Japanese financial regulator rejects a crypto exchange application after approving 16 cryptocurrency exchanges. The...
Huo Xuewen, the head of Beijing's financial office, suggested that Star Xu, the founder of the cryptocurrency exchange OKEx, cut ties with “tokens and exchanges that he has established” completely at a blockhcian conference in Beijing last Saturday. It was followed by the sudde...
Japan’s Financial Service Agency (FSA), responsible for the regulation of cryptocurrency operators is going to launch stricter regulations for exchanges according to Nikkei. This could be seen as an effort to secure domestic crypto exchanges and prevent them from hacker attacks. There ...
“Blockchain is able to revamp the way that authorities regulate the financial market, and to improve their regulatory capabilities. Then, blockchain-powered governments can better distinguish ‘good’ innovations from bad ones, and will be more tolerant of innovation than before. ‘blockchai...
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