RegulationsSam Klemens

Crypto Lobbying Has Tripled Since 2017, Favourable Regulations to Come
Regulations
Crypto Lobbying Has Tripled Since 2017, Favourable Regulations to Come?
The number of blockchain lobbyists has tripled from just twelve in 2017 to thirty-three at the end of 2018. That’s a good thing for investors as one of the major issue that the lobbyists are working on will have a direct impact on all crypto holders.   Crypto Regulations in the United States While countries around the world are introducing securities laws and clarifying their regulations on cryptocurrencies, the United…
CFTC Chairman Says Blockchain Technology Could Have Dramatically Improved Regulators’ Real-Time Response to 2008 Crash
Regulations
CFTC Chairman Says Blockchain Technology Could Have Dramatically Improved Regulators’ Real-Time Response to 2008 Crash
The chairman of the United States Commodity Futures Trading Commission (CFTC) has recently made some waves with blockchain-related comments. Specifically, he praised blockchain technology’s adaptive and speedy characteristics, noting that blockchain technology could have helped deal with the 2008 global financial crash. Blockchain technology could have enabled an overview of the situation The CFTC’s chairman, Christopher Giancarlo, made these remarks during the 4th Annual DC Blockchain Summit in Washington D.C.…
Russian President Vladimir Putin Orders Cryptocurrency Regulation, Sets July 1 Deadline
Regulations
Russian President Vladimir Putin Orders Cryptocurrency Regulation, Sets July 1 Deadline
Russia may be about to adopt a new set of federal laws relating to cryptocurrencies. What’s more, it seems as if this decision has been taken at a top level – with a recent document reportedly showing that the cryptocurrency order has been approved by Russia’s President Vladimir Putin. Russian government to work with State Duma Recent reports specify that the Kremlin published a list of 47 orders this Wednesday.…
Pennsylvania Says Crypto Exchanges Are Not Money Transmitters, Entails More Lenient Regulation
Regulations
Pennsylvania Says Crypto Exchanges Are Not Money Transmitters, Entails More Lenient Regulation
The US has been notorious for having some diffuse and unclear cryptocurrency regulations. Now, however, the American state of Pennsylvania has published a document clarifying how the Money Transmitter Act relates to cryptocurrency exchanges in the state. Pennsylvania DoBS: Cryptocurrency exchanges are not subject to MTA This document was released by the Pennsylvania Department of Banking and Securities (DoBS) on January 23rd. Specifically, the document explicitly states that cryptocurrency exchanges…