Crypto And Blockchain Included In Canadian Securities Administrators’ 2019-2022 Business Plan

Blockchain, News, Regulation | June 18, 2019 By:

The Canadian Securities Administrators (CSA) has published its plans for the next three years, which include cryptocurrencies and blockchain technology.

In its Business Plan for 2019-2022, the CSA said that it is considering the implications of emerging technologies, such as the growing influence of social media and innovation in distributed ledger technology (DLT),

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Cryptocurrency Taxes – How Would Removing Them Benefit The Government?

Investing, Opinion, Regulation | June 12, 2019 By:

Taxing cryptocurrencies has been quite a controversial topic across the world, but that hasn’t prevented most countries from introducing a capital gain tax.

However, these countries soon found out that despite the tax regulations, more and more citizens and local companies were finding ways to avoid the watchful eyes of the local tax agencies.

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Cryptocurrencies Could Be Used For Terrorism Financing – Philippines Central Bank Governor

News, Regulation | June 12, 2019 By:

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said that it will continue to address the risks brought about by the growing use of cryptocurrencies in the country.

BSP Governor Benjamin Diokno said in a statement that he is not fully convinced about the use of cryptocurrencies in the country since they could be used to fund terrorism.

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Russia May Introduce Fines For Crypto Mining

News, Regulation | June 11, 2019 By:

Anatoly Aksakov, chairman of Russia’s State Duma Committee on Financial Markets, said that they are considering introducing administrative penalties for crypto mining by the end of this month.

In an interview with local media outlet TASS, Aksakov said that operations related to cryptocurrencies are not covered by the Russian laws and will be considered as illegal,

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G20 Leaders Ask Regulators To Monitor Crypto Risks

News, Regulation | June 10, 2019 By:

Financial policymakers from the world’s top 20 economies have asked the Financial Stability Board (FSB) and global standard-setting bodies to monitor crypto risks.

In a joint communiqué published on the website of Japan’s Ministry of Finance on June 9, the G20 leaders said that while crypto-assets do not pose a threat to global financial stability at this point,

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