Bitcoin, Crypto currency, Blockchain

Regulatory-ECHO KW-38: The Hammer falls in Overseas

13619e94adcb9c8c8cf91d823083b2d3 - Regulatory-ECHO KW-38: The Hammer falls in Overseas

In the U.S., there are already now three times as many cryptographic actions like in the past year. Japan is expanding its regulatory team, while France is based all his hopes on a successful regulation of ICOs. The most Important currencies in terms of regulation of Bitcoin and other Crypto in the last week happened, in a nutshell. The regulatory-ECHO.

The regulatory messages are significantly USA-heavy. There, Hester Peirce spoke of the SEC for a much more positive tone towards Bitcoin. In addition, a court in the Case of the meadow Mt.Gox is the responsibility of. No wonder, after all, they have enough to do: There are 2018 more crypto lawsuits than in the entire last year. Japan honing meanwhile, a new regulatory team, while France is hoping to lure Blockchain Start-ups in the country. Where the regulatory hammer is swung, you will learn in the regulatory-ECHO.

SEC: Hester Peirce argues for crypto-currencies

Hester Peirce, Commissioner sionarin with the U.S. Securities and Exchange Commission, SEC, has argued that the authority should generally position the more open-minded in terms of crypto-currencies. They also had to bear in mind that crypto is a Stigma currencies spent. It is primarily the high level of complexity that bring the issue and the many investors a disincentive to be in this context. This should position the SEC is good, in order to create some clarity.

US court allows case against Mt.Gox fall

A U.S. court in the lawsuit against Mt.Gox and Mizuho Bank. The reason for this was that the Japan-based Bank had no valid jurisdiction in the United States. This verprellte users from the USA have it in the future, even harder than in the past, legal action against the relevant stock exchange, worthy to proceed from Japan.

USA: 2018, three times as many cryptographic actions like last year

In the first two quarters of the current year, there were already three times as many crypto actions as in the entire year of 2017. According to the report, the number of lawsuits that contain the words Bitcoin, Blockchain or crypto-currency, compared to last year has tripled. The SEC is characterized according to the report, around a third of these complaints are responsible.

Japan: Bigger Team & Self-Regulation

The Japanese financial Supervisory authority has increased its Team. At the same time, Japan has given an Update on the current state of regulation of Bitcoin exchanges. Accordingly, at the time of the publication of over 160 companies who want to penetrate the Japanese market. To meet this rush, we want to increase the FSA’s 30-strong Team. In addition, the authority is considering, in the future, guidelines for self-regulation. In the light of the current Hacks of the Bitcoin stock market is not a bad idea Zaif sure.

France: New guidelines for ICOs

New in ICO-regulation, there are geographically close. France has published a new framework, which deals with the regulation of ICOs. The new guidelines provide a clear tax regulation and a statutory framework, it is hoped, Finance Minister Bruno Le Maire, a considerable increase of Start-ups from the surrounding areas:

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