New York Takes Action to Deter Fraud in Virtual Currency Markets

The New York State Department of Financial Services (DFS) has issued guidance reminding all virtual currency entities licensed by New York State, including those that hold a money transmitter license,

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Cryptocurrency, New York, US

SEC and CFTC Chairmen Testify Before Congress

SEC Chairman Jay Clayton and CFTC Chairman Christopher Giancarlo testified today before Congress on the subject of virtual currencies.  The prepared remarks of both contained very little that they had

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CFTC, Cryptocurrency, SEC, Securities, US

Singapore Supports Cryptocurrency

In statements published today, officials in Singapore confirmed a mainly hands-off policy regarding cryptocurrencies and stated that they had no plans to ban  cryptocurrency as part of its future regulatory

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Cryptocurrency, Singapore

South Korea Does Not Intend to Shut Down Cryptocurrency Trading

South Korea is one of the world’s largest markets for cryptocurrency trading and we have previously reported here and here on steps taken by that government in the cryptocurrency space.

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Cryptocurrency, South Korea

Coincheck Suffers Largest Cryptocurrency Hack

Last Friday, Coincheck, which calls itself the leading Bitcoin and cryptocurrency exchange in Asia, acknowledged that it had been hacked

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Further CFTC Enforcement

The CFTC disclosed today that, on January 16, in a case initially filed under seal, the CFTC sued and froze

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CFTC, Cryptocurrency, Litigation, US

The Tax Implications of Cryptocurrencies

Among the many areas of law that will have to continue to evolve around cryptocurrencies is the tax law.  In

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Bitcoin, Cryptocurrency, Tax, US

Cryptocurrency to be regulated in Australia under Anti-Money Laundering laws

Australia has introduced new laws to regulate digital currency exchange service providers in the same way as providers of traditional

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AML, Australia, Cryptocurrency, Exchanges

South Korea Seeks to Ban Anonymous Cryptocurrency Accounts

As previously previewed, Yohap News Agency has reported that cryptocurrency investors in South Korea will be fined for refusing to

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Cryptocurrency, Indonesia, South Korea, Uncategorized

As England’s FCA Continues its Watching Brief on DLT & ICOs, is it Time For Self-Regulation?

In April 2017, England’s Financial Conduct Authority (FCA) published a Discussion Paper (“DP”) on DLT which sought views on the

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Cryptocurrency, ICO, Smart Contracts, UK