Community post
Global CryptoReg Roundup #003
The Global CryptoReg Roundup is a weekly digest of crypto-focused political, regulatory, and legal news from across the globe.
No frills or needless exposition. Just the facts (ma'am)....
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Australian consumer protection authority receives nearly 1,300 crypto fraud complaints in 2017, citing over $1 million in alleged losses.
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Self-proclaimed “Bondi bitcoin brother” acknowledges involvement in pyramid scheme, immediately walks back comments.
Japan
- Japanese crypto exchanges report 669 cases of suspected money laundering over the last 8 months of 2017.
South Korea
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FSA Governor: “the government will encourage banks to make transactions with crypto currency exchanges...if normal transactions are made”.
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SK crypto regulator found dead in home, reportedly from a heart attack.
Malaysia
- Malaysian firm HelloGold’s GOLDX token earns world’s first Shariah-compliant certification.
Thailand
- OmisGo (OMG) reaches deal with Thai government to develop payment and identification systems.
Bangladesh
- In the wake of a national ban on cryptocurrencies, Bangladesh police confirm they are “on the hunt” for bitcoin users.
India
- Cabinet announces support of bill to ban unregulated deposit schemes, potentially to include cryptocurrencies.
Kazakhstan
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Kazkh association announces intention to develop crypto rules for Eurasian Economic Union.
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Employees from Finance Ministry caught using government servers to mine cryptocoins.
Russia
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A subsidiary of the state-owned VEB bank developing a system to guarantee investments in ICOs.
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Local authorities at odds with the Duma over the speed & quality of proposed crypto regulation bill.
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Proposal to “test” and “tame” cryptocurrencies in Crimea introduced in the parliament.
Turkey
- Turkish leaders considering the creation of national cryptocurrency: TurkCoin.
Israel
- Israeli tax authority confirms cryptocurrency to be classified as asset subject to capital gains tax.
European Union
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Crypto exchanges and wallets to be classified as within scope of EU law in the Fifth Money Laundering Directive (“MLD5”).
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European Commission Vice President Valdis Dombrovskis to chair high-level roundtable next week to discuss crypto regulation with industry leaders.
Poland
- Polish central bank finances Youtube stars to create videos about a crypto crash and issue warnings about investing in crypto assets.
Croatia
- Croatian self-regulatory group UBIK begins work on issues related to crypto taxation, ICO regulation, and mining operations.
Slovenia
- Meeting of Slovenian authorities and crypto entrepreneurs indicates cooperative tone and “favorable conditions”.
Austria
- Austria plans to develop crypto regulations modeled after existing rules on trading gold and derivatives.
Malta
- Government policy document calls for special agency to certify blockchain platforms and verify crypto transactions.
Italy
- Italy’s new crypto reporting and registration regulations to go into effect over the next three months.
Sweden
- Swedish authorities concerned over the rate at which cashless transactions are growing.
The Netherlands
- MP issues questions to the Finance Ministry, raises concerns over Tether’s relationship with Dutch bank ING.
Belgium
- Belgian financial regulator publishes list of exchanges alleged to be fraudulent.
France
- Regulator AMF declares that crypto derivatives must be regulated and are prohibited from advertising.
United Kingdom
- UK Parliament committee to examine impact of cryptocurrencies while regulations are considered.
Spain
Canada
- Increased energy demand leads Hyrdo-Quebec to consider raising rates for miners.
United States
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DOJ & SEC charge BitFunder founder with fraud & operating unregistered securities exchange.
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White House Cybersecurity official on crypo regulation: “I don’t think it’s close”, while Arizona congressman acknowledges crypto is “very hard to regulate”.
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New York lawmakers mulling reforms to state’s BitLicense system.
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The first two of five crypto legislation bills pass the Wyoming House of Representatives with unanimous support.
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Georgia lawmakers introduce bill to accept cryptocurrency for payment of state tax and licenses.
Mexico
- Bill to regulate crypto exchanges expected to become law within weeks.
Venezuela
- Venezuelan government officially launches oil-backed Petro token in pre-sale.
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Tesla’s cloud accounts hacked to run crypto mining malware.
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Microsoft Word’s online video feature exploited by hackers to run mining software.
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Software glitch at crypto exchange Zaif briefly allows sale of 0.
Replies (18)
This post is sponsored by @appreciator in collaboration with #steemitbloggers. Keep up the good work
Awesome idea for a roundup! Thanks for putting this together - what a great way to keep an eye on crypto news around the world. And I hadn't heard that Georgia was considering allowing crypto payments for state stuff - I would've thought my state (NH) would've gotten there first. Thanks for the info, and congrats on the appreciator upvote!
So much news out there on crypto of late, nice to have a list to find things that are happening at a glance. Then go read ones that may affect you @bubbleboy
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Thanks! I can't imagine NH will be far behind. The "live free or die"-ers are never far behind on this kind of stuff.
Thank you @joanstewart! That's the idea. Give the whole menu, let readers choose their items a la carte.
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You got a 1.37% upvote from @buildawhale courtesy of @bubbleboy!
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You got a 4.89% upvote from @allaz courtesy of @bubbleboy!
Yeah, but we've gotten far too many
Massholespeople moving here from neighboring states (including me - I'm from MA, LOL) so the "Live Free" is now "Live sorta Free". 😜You got a 9.78% upvote from @brupvoter courtesy of @bubbleboy!
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