Tag: Regulations

European Banks Struggle With Low Interest Rates and Strict Regulations

European Banks Struggle With Low Interest Rates and Strict Regulations Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate […]

Ridiculous Crypto Regulations Are an Enemy of Bitcoin

Ridiculous Crypto Regulations Are an Enemy of Bitcoin One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering (AML) laws. Despite the fact that many cryptocurrencies were designed to avoid these invasive practices, KYC and AML guidelines bolstered by political […]

Crypto Regulations Are Changing Worldwide to Comply With FATF Standards

Crypto Regulations Are Changing Worldwide to Comply With FATF Standards Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and […]

G20 Policymakers to Discuss Regulations Proposed by Crypto Industry

G20 Policymakers to Discuss Regulations Proposed by Crypto Industry As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that […]

How Ambiguous Regulations Complicate Crypto Taxation

How Ambiguous Regulations Complicate Crypto Taxation From America to the United Kingdom and from Russia to Australia, cryptocurrency taxation in major bitcoin strongholds is complicated. Contradictory or non-existent laws, excessive red tape, and maddeningly vague guidelines have conspired to make the tax-paying process more arduous than it need be. Now, […]

Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s

Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s Lithuania, one of the Baltic tigers that has in past few years demonstrated it doesn’t shy away from new technologies and the digital economy, is preparing to introduce stricter rules for crypto companies. The government in Vilnius is working on […]