Indian Government Finalizes Crypto Regulations | Coindelite News
Crypto Regulations

Indian Government Finalizes Crypto Regulations

The Indian Government has recently confirmed the report that contains a regulatory framework for cryptocurrencies by an inter-ministerial committee. The Indian government has been working on crypto regulation from a long time. Mr. Subhash Chandra Garg, Secretary of the Department of Economic Affairs, lead the Inter-Ministerial Committee (IMC) and developed the …

Thai Govt Warns Against 14 Unauthorized Crypto Firms | Coindelite News
Crypto Regulations

Thai Govt Warns Against 14 Unauthorized Crypto Firms

Thailand’s Securities and Exchange Commission (SEC) has warned its citizens against 14 companies that provide cryptocurrency related services. The regulatory team says that these operators are not authorized to conduct digital currency-related business in the country.  According to the reports, as of now, only seven companies are temporarily approved for …

Supreme Court Of India To Hear Petitions Next Year | Coindelite News
Crypto Regulations

Supreme Court Of India To Hear Petitions Next Year

The Supreme Court of India has announced a new date to hear the petitions against the digital currency. As last year the Reserve Bank of India (RBI) banned other banks from working with cryptocurrency related firms. At the same time, the crypto community in the country is campaigning on social …

Crypto Regulations

Italian Authority Bans Unauthorized Crypto Firms

Italian authorities are issuing strict rules against cryptocurrency companies. Recently, the Commissione Nazionale per le Società e la Borsa (CONSOB) ordered a ban on three cryptocurrency related firms that provide unauthorized investment services. The first company is named Richmond Investing has been violated by the Consolidated Law on Finance (TUF). TUF …

UK Government to Update Crypto Tax Guidance In 2019 | Coindelite News
Crypto Regulation

UK Government to Update Crypto Tax Guidance In 2019

UK officials have formed various regulatory steps around cryptocurrencies and the Distributed Ledger Technology (DLT). The Cryptoasset Taskforce’s report noted that the blockchain could be beneficial to the financial service sector & other industries. The HM Treasury, Financial Conduct Authority and the Bank of England will encourage the development of DLT and …

South Korea Warns Cryptocurrency Investors | Coindelite News
Crypto Regulation

South Korea Warns Cryptocurrency Investors

South Korea’s Financial Service Commission (FSC) has warned its citizens about cryptocurrency investment. The regulatory body has warned the public to research before investing in digital currencies. On Wednesday, FSC published a report claiming that the structure of cryptocurrencies is similar to mutual funds. Investors think that such funds are …

Indian Regulators Responds to Crypto Regulation | Coindelite News
Crypto Regulation

Indian Regulators Responds to Crypto Regulation

A New Delhi based legal agency has asked 68 questions about cryptocurrencies to the Securities and Exchange Board of India (SEBI). The Indian regulatory body has finally responded to those questions asked by the agency called Blockchain Lawyer. The response comes under the Right-to-Information (RTI) act. This act allows citizens …

Shocking Bitcoin Price Prediction, Cryptocurrency Price might PLUMMET

After MAJOR G20 regulation talks Bitcoin Price could drop immediately Representatives of France and Germany have requested discussions on policy and monetary suggestions of cryptocurrencies to be the part of the agenda for the international meeting. The leaders approached the finance minister of Argentina through a request letter. In the …

Austria is Planning for new Regulations for ICOs and Cryptocurrencies

Austria wants new Regulations on Bitcoin, ICOs, and other Cryptocurrencies Austria is also becoming one of the countries which are planning to regulate cryptocurrencies and will also be using an existing model rule. The government’s central attention is controlling the use of cryptocurrencies for money laundering. Moreover, the country wishes …

Bank of America has Considered Cryptocurrencies as a Business Risk

Cryptocurrencies are Threat to its business says Bank of America The second largest U.S bank described in its annual report that Cryptocurrencies are a threat to its business model. The report was determined on Feb. 22 and registered with the US Securities and Exchange Commission (SEC), it has also listed …