Bitcoin Regulation Roundup: Rumours, Court Cases and Taxing Times

Regulatory attitudes towards cryptocurrencies around the world are shifting. Hardly a day goes by without a central bank issuing a warning on the digital currency. However, it's not all bad news - as some authorities are taking a much more positive approach. In CoinDesk's regulation roundup, Certified Public Accountant and ACFE Certified Fraud Examiner Jason Tyra examines the most significant digital currency news from the world's regulators and law courts over the past two weeks. Chinese banks stop handling bitcoin related business. The rumours are true: bitcoin related businesses with....

The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend Rights Related to Cryptocurrencies Constitutional justice, as far as protection of human rights is concerned, will be increasingly influenced by the emergence of a new generation of rights, Valery Zorkin, chairman of the Constitutional Court of Russia has acknowledged.....

Regulatory attitudes towards cryptocurrencies around the world are shifting. Hardly a day goes by without a central bank issuing a warning on the digital currency. However, it's not all bad news - as some authorities are taking a much more positive approach. In CoinDesk's regulation roundup, Certified Public Accountant and ACFE Certified Fraud Examiner Jason Tyra examines the most significant digital currency news from the world's regulators and law courts over the past two weeks. MT. Gox: Frozen assets. Mt. Gox has now filed for bankruptcy protection both in the United States and in....

While the crypto 2.0 sector of the digital currency industry is showing strong signs of maturity, it has also begun to attract its share of controversy. Following their emergence in late October, rumours that major projects in the space could soon face additional scrutiny from the US Securities and Exchange Commission (SEC) have continued to persist into November. For all the conversation surrounding the possibility, however, major publications have struggled to find evidence that any crypto 2.0 projects have received letters. At press time, however, at least one lesser-known investment....

The world of finance already seems to evolve at a slow pace, yet some countries manage to come up new ideas that make the situation even worse than before. Recently the Belgian Court of Cassation has decided to let the Department of Finance use any evidence in court, even if it has been obtained through “dubious” activities. When governmental bodies and departments start blurring the lines between what is morally correct, and what is an outright breach of privacy, things take a turn for the worse. The main issue most people have with the ruling by the Belgian Court of Cassation is how it....