Global Tech Exchange, a blockchain project out of Brisbane, Australia, was ordered to be shut down by the Australia Securities Investments Commission (ASIC).
The Internet censorship agency of China, the Cyberspace Administration of China (CAC), has released the draft of a framework it intends on introducing to regulate the blockchain industry in the company.
A local news outlet in the country, reported that the government has signed off on a draft bill that would force crypto investors to reveal their holdings in order to properly assess taxes on the digital assets.
Under the changes to FATF global standards, crypto exchanges, certain types of wallet providers and providers of financial services for ICOs will be subjected to AML/CFT regulations, such as conducting customer due diligence including ongoing monitoring, record-keeping, and reporting of suspicious transactions.
Emma, a startup out of London offering money management services, has made its move into cryptocurrencies.
A published report conducted by undercover journalist revealed that banks across Europe helped their clients illegally take $63 billion in taxes.
Despite the Reserve Bank of India's attempts to keep cryptocurrency from taking a hold in the country, the sector is still moving forward, demonstrating the power crypto has and how it cannot be eliminated.
After the Securities and Exchange Commission (SEC) shuts down the Mayweather-backed ICO over fraud charges, the boxing champ might have to respond personally for his involvement.
This week, reports surfaced that Japan's Tax Commission is considering how to simplify the current tax filing system to include cryptocurrency.
Six cryptocurrency exchanges have been approved by the government of Venezuela to start selling the national cryptocurrency, Petro, ahead of its official launch on November 5, according to local media.
With the deadline set at October 22, the race is now on for affected Mt. Gox clients to file their rehabilitation claims, to avoid missing out on the funds they’ve been waiting for.