Tag: regulation

Central Bank of Mexico’s new Guidelines Will not Result in a Crypto ban

The cryptocurrency world has seen its fair share of controversy, fake news, and rumors. It now seems another rumor is spreading, although it seems unlikely to have any major impact. A new set of cryptocurrency-oriented guidelines has been announced in Mexico, which leads many people to believe crypto will be banned. That is far from the case, as the guidelines are not even official yet, nor do they mention any …
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The UK Clamps Down on Cryptocurrency Operations

We’re used to hearing about regulation by now. But most of the news that makes the headlines comes from the United States SEC and its latest statements or subpoenas. However, it seems that the United Kingdom is following suit. The country’s financial regulator and markets watchdog, the Financial Conduct Authority (FCA), says there are now 24 pending investigations into cryptocurrencies, according to Citywire. Regulatory Action Could be Taken The FCA confirmed that it has looked …
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South Korean Regulator to Implement More Lenient Cryptocurrency Regulation Soon

Regulation of cryptocurrency is a very touchy topic, for rather obvious reasons. Governments around the world want to curb the hype associated with Bitcoin and similar currencies. At the same time, they need to come up with a way to let this ecosystem thrive in the years to come. It appears officials in South Korea are looking to relax that country’s current regulatory requirements. That is a positive development for the industry as …
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Thai Cryptocurrency Experts Engage the Government Regarding Taxation Guidelines

Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. Even so, officials in Thailand are looking to make inroads in this area. They will meet with blockchain and cryptocurrency experts this week to discuss future laws and regulatory measures. The Future of Bitcoin Regulation in Thailand Asian countries have taken somewhat …
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