The Latest Business News

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit
Business 28 September 2018

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit

A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.

Malta to introduce crypto laws in November
Business 28 September 2018

Malta to introduce crypto laws in November

While many countries are still deciding how to introduce laws to the cryptocurrency and blockchain spaces, Malta is already set to move forward.

Russian removes cryptocurrency from draft bill
Business 28 September 2018

Russian removes cryptocurrency from draft bill

Lawmakers in Russia now say that they hope to have a new framework for “digital financial assets” ready by fall and hope to receive approval by the end of the year.