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Category: Government

February 20, 2019

Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs

The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged.…
February 18, 2019

Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash in Five Years

Bitcoin bull Tim Draper said that cash will be used only by criminals in five years, while crypto will become widespread.…
February 18, 2019

German Government Consults Industry About Blockchain Technology

Germany is consulting companies and industry groups that could become stakeholders in the country’s blockchain development.…
February 18, 2019

Indonesia’s Commodity Futures Regulator Releases Regulation for Crypto Futures Market

Indonesia’s Commodity Futures Trading Supervisory Agency adopted a legal framework for crypto futures trading. Indonesia’s commodity futures regulator has established a legal framework for operating crypto and digital assets futures markets, according to an official press release published on Feb.…
February 16, 2019

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’

The SOV team revealed that it had made “significant progress in finding partners, investors, and developers” to realize the project, and aims to launch SOV in 2019.…
February 16, 2019

Norway: Anarcho-Capitalist Smart City Adopts Crypto as Sole Recognized Medium of Exchange

Liberstad has adopted a cryptocurrency native to its blockchain-powered smart city platform. Liberstad — a private, anarcho-capitalist city in Norway — has adopted a cryptocurrency native to its blockchain-powered smart city platform as its official medium of exchange, according to a press release published on Feb.…
February 15, 2019

Indonesia: New Legislation Recognizes Crypto as Trading Commodity

New legislation introduced in Indonesia recognizes cryptocurrencies as trading commodities and gives legal certainty to crypto exchanges.…
February 15, 2019

Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto

The Japan Association of New Economy has asked the country’s financial watchdog to reduce crypto tax from 55% to 20%.…
February 15, 2019

SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal

The U.S. Securities and Exchange Commission started reviewing a rule change proposal for NYSE Arca’s Bitwise Bitcoin ETF Trust.…
February 15, 2019

CME Group CEO Terry Duffy: Government Involvement Key to Crypto’s Success

Terry Duffy said that until governments start to accept cryptocurrencies, it will be very difficult for major commercial banks to get involved.…

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