News | Page 152

The government of the European Union implements rules for the settlement of cryptomoney to support AML policy. The new draft law on the cryptocurrency will change everything. In April 2018, the European Parliament supported the directive on measures aimed at eliminating the cryptocurrency in the financing of terrorist operations and money laundering. The law will…

Regulation of operations with cryptocurrencies in Latin America has been popular for a long time. Three years ago, the report of the State Treasury showed an increase in such transactions in the amount of 510%. The most impressive growth was recorded in 2016 – $ 50 billion. The prospect of business development using digital money…

In the first quarter of 2018, the most popular topic in the world of cryptocurrency was the regulation of ICO. This happened in Switzerland, where in February FINMA issued its ICO guidelines. This caused a huge resonance both within the country and in the wide association of blockades. Considering the fact that we are members…

EU market is developed every day, as a result it increases a cross-border personal data flows including the usage of the Internet. The above mentioned causes the large problems with the protection of personal data. Thus, the main aim of GDPR is to protect personal data and personal data subjects. General Data Protection Regulation come…

Cryptocurrencies in Canada is as a way of payment, which is noted by a large number of installed bitcoin-ATMs. Canada occupies the second position in the world after the USA. Here, developments are being actively pursued to better comprehend Blockchain technology. To this end, the government develops the digital version of the Canadian dollar. Now…

What is the legal regulation of cryptocurrency transactions in Australia? In fact, Australia is a developed state that could create conditions for the development of financial companies and technology centers. The state for a short period of time became the owner of the most progressive approaches in the financial industry. The Australian government is implementing…

There is a large number of Bitcoin users in Ukraine. On this indicator, it is included in the TOP-10 countries of the world. Legal regulation of operations with cryptocurrencies in Ukraine has many features and pitfalls. Despite this, Ukraine still does not have the status of a cryptocurrency. The relevant legislation is under development, and…

Legal regulation of operations with cryptocurrencies in Hong Kong is a popular direction in the country. Great influence on the development of legal relations in Hong Kong had the United Kingdom, under the authority of which the territory remained since 1842. In this situation, the current special district of Hong Kong was 150 years old,…

China is famous not only for innovative technologies, but also the most developed financial market in the world, therefore, the legal regulation of operations with cryptocurrencies in China is considered advanced. Until recently, the Chinese economy and legislation were considered favorable for the development of business related to cryptocurrencies. It was in this state that…

Japan is the World leader in innovations. Therefore, there is nothing surprising in that the legal regulation of operations with cryptocurrencies in Japan is not prohibited by the legislation of the country. There is a Commission on Digital Assets of Japan, and there is also a special law on the regulation of exchanges. In this…

The US is the best option for working with cryptocurrency if you are planning to license your business. The mass of various companies, exchanges and funds is focused on this type of activity. Moreover, in this country you can calculate the digital currency for goods and services. Special ATMs have been developed, which contain the…

The UK is on the list of the most favorable jurisdictions for doing business on mining and exchange of cryptocurrencies. In addition, such start-ups in the initial stages even receive support from the state. So far, in the UK, activities related to digital money are still not regulated at the legislative level. The Office for…