Sentences with phrase «rules around cryptocurrencies»

New rules around cryptocurrencies and blockchain - based assets could be developed in the months ahead, a European Union official said Monday following a roundtable discussion on the topic.

Other reasons investors could be feeling the FUD include a blog post from the IMF that called on government regulators to implement new rules around cryptocurrencies due to their potential as a «major new vehicle for money laundering and the financing of terrorism.»

While the FSS - led taskforce set the nation's first official rules around cryptocurrency trading on December 13, 2017, uncertainty around issues of taxation and regulation of the exchanges remained.

Not exact matches

Rules from South Korea around cryptocurrency trading are a welcome development, Bitspread Founder and CEO Cedric Jeanson tells CNBC.

With regulators around the world calling for rules and laws governing trading in cryptocurrency, a director of Germany's central banks said rules...

The expected move to submit the bill also comes months after Russian President Vladimir Putin ordered new regulations to be developed around cryptocurrencies and blockchain, including rules specifically aimed at initial coin offerings (ICOs).

According to Yujin Investment & Securities, with this rule, South Korea's one of the biggest cryptocurrency exchange «Bithumb» will be paying around 60 billion won, which will be combined of corporate and local income tax with an estimated earning of 317.6 billion won last year.

The law will give fintech companies greater regulatory certainty around issues such as crowdfunding, payment methods and rules surrounding cryptocurrencies such as bitcoin.

As Reuters explains, the new landscape «will give fintech companies greater regulatory certainty around issues such as crowdfunding, payment methods and rules surrounding cryptocurrencies such as bitcoin.»

The company obtained a ruling that its cryptocurrency conforms with Islamic principles from Dubai - based Al Maali Consulting, which is one of dozens of advisory firms around the world that offer opinions on whether financial instruments meet Sharia standards.

The opposite's happened, as these same regulators have now given the green light to domestic cryptocurrency exchanges for the compromise of these exchanges needing to follow 6 new rules that are reasonable and aimed around investor security and Know Your Customer (KYC) laws.

Given that the test used to determine whether an instrument is a security was developed more than 60 years before Satoshi Nakamoto published the paper describing bitcoin, the uncertainty around the regulatory treatment of most cryptocurrencies will remain despite Judge Weinstein's ruling.»

According to local media sources, lawmaker Anatoly Aksakov, who chairs the State Duma's financial markets committee, said that the new rules — which will reportedly formalize rules around the creation and exchange of cryptocurrencies like Bitcoin — are likely to be cleared by early next year.