The Top 10 Global Bitcoin Regulatory Developments of 2015
Marco Santori of Pillsbury Winthrop is a FinTech attorney for companies using digital currencies and blockchain technology. He is also the chairman of the Bitcoin Foundation's Regulatory Affairs Committee and author of CoinDesk's series on bitcoin law (find parts 1, 2 and 3 here). Not a single month passed in 2015 without some groundbreaking new development in the world of digital currency regulation. I'll count down some of the ones that have been most influential on my own practice. 10. New Jersey: The Digital Currency Jobs Creation Act. In June, the New Jersey Digital Currency Jobs....
Related News
CoinTelegraph has assembled a research report on the regulatory environment for cryptocurrency across the globe. Already in 2015, we have seen many attempts at regulating new forms of digital currencies by various governments and jurisdictions, and we’d like to highlight the general trends and outlook for the readers. The report will be published in two parts, with the first available below relating to the history and the current regulatory status around the world for 2015. Bitcoin and cryptocurrency have experienced a rapid evolution of public image over the past three years. From....
Today, regulatory compliance has become the most crucial issue for Binance and other crypto companies worldwide. And since the government authorities have decided to deal with the industry issues like high inflation, money laundering, and exploits with tight regulatory policies, it has badly affected the growth of blockchain developments. As a result of which, crypto […]
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa and Mastercard have not severed ties with cryptocurrency exchange Binance despite rising regulatory scrutiny. The two payments giants have not blocked Binance and cardholders can still use Visa and Mastercard to deposit funds into their accounts at the exchange. Visa told the Financial Times Friday....
2015 was a banner year for bitcoin. It brought some key developments for the digital currency’s acceptance, particularly by the financial sector. But like every year since its 2008 debut, bitcoin’s progress came with challenges. Bitcoin has not been embraced by enough consumers, businesses and government to be called a mainstream currency or commodity. 2015 brought more signs that it is on the right path, and its naysayers have never been more discredited. There is no question that 2015 has brought a change in tone of the conversation surrounding bitcoin.
Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting. Ripple Wants Compliance Talent Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as “Web3 Specialist, Global KYC & Due Diligence.” Related Reading: Here’s What Bitcoin Price The Bull Market Will Start....