U.S. Republican Plans to Regulate Cryptocurrencies and Initial Coin Offerings | BTCMANAGER

Warren Davidson, a U.S. Representative from Ohio recently announced a plan to introduce new regulations for the cryptocurrency and ICO industry via the Federal Government. According to Cleveland.com’s on December 3, 2018, Hamilton is hopeful that these potential regulations can help the financial sector grow. Republican Politician Hopeful for Potential Regulations There is currently unclear regulations…

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Regulatory Progress: Philippines to Regulate Crypto and License 25 Exchanges

The country of the Philippines was thrust into the global limelight when President Rodrigo Guterte came into power in 2016. The tough, no nonsense former Mayor of Davao City had promised to clean up the country and wasted no time on his war on drugs. The country has once again grabbed the global spotlight by…

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Korea Financial Intelligence Unit to Regulate Crypto Exchange like Banks

The local financial agency, Korea Financial Intelligence Unit (KFIU) will regulate crypto exchange like banks. Likewise, imposing a strict anti-money laundering (AML) policies that ensure cryptocurrencies are not utilizing for illegal activities.  The Kim Geun-ik, director of KFIU had an extensive discussion on money laundering and terrorist financing prevention at Policy Advisory Council meeting held…

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India Divided on Whether to Ban Crypto Use

As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. No Consensus Among…

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