FCC Chairman Brings up Blockchain, Mentions Need for New Regulations so New Technologies Will Not Be Disadvantaged

Many cryptocurrency and blockchain supporters have long lambasted governments and regulators across the world for a lack of flexibility to work with new and upcoming technologies. The chairman of the American telecom regulator, the US Federal Communications Commission (FCC), Ajit Pai has now stated that the US should not ”disadvantage” emerging technologies, such as blockchain … Continue reading FCC Chairman Brings up Blockchain, Mentions Need for New Regulations so New Technologies Will Not Be Disadvantaged

New Approved Laws in Spain: Citizens Must Declare All Crypto Holdings

New laws have been approved in Spain which will close a legal loophole through which citizens could avoid declaring assets they have in virtual currencies. As the tax man everywhere closes the gap between himself and crypto, Spain’s Council of Ministers has approved draft laws which seek to close loopholes in the law by which … Continue reading New Approved Laws in Spain: Citizens Must Declare All Crypto Holdings

Japan’s Cryptocurrency Industry Granted Self-Regulatory Status through JVCEA

The primary Japanese financial watchdog, the Financial Services Agency (FSA), has now announced that it has granted the Japanese cryptocurrency industry a self-regulatory status. More specifically, the FSA has certified an industry body, the Japanese Virtual Currency Exchange Association to oversee the space and become a ”certified fund settlement business association”, according to a recent … Continue reading Japan’s Cryptocurrency Industry Granted Self-Regulatory Status through JVCEA