20 April 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Authorities in South Korea sentenced two criminals for allegedly defrauding Bitcoin investors leaving them out of pocket for about $20 million. Reports in the media unveil that Incheon District Court in Seoul charged the two Ponzi scheme con-artists and imposed the fines amounting to $15 million and $8 million respectively.

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2 April 2018 | Blockchain techs | Cryptocurrency | Regulatory news

The governor of the central bank in Taiwan reported this week to the panel of parliament members, and voiced a suggestion to start regulating cryptocurrencies, and Bitcoin in particular, under existing anti-money laundering rules.

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21 March 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Participants of the G20 discussing their concerns over the cryptocurrency spree gaining momentum, gave a nod to monitoring the industry without providing any specific comments on what should be done next. The policymakers agreed that the new market needs scrutiny and staying on alert with respect to the emerging threats, and most of them came to the general consensus that the industry should be regulated at a later stage.

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19 March 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Last week the U.S. Federal Trade Commission reported in an official blog post that the regulator will be studying the impact of blockchain technologies, and cryptocurrencies in particular, on its objectives, and established its Blockchain Working Group for that purpose.

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2 March 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Activity of Overstock.com, Inc, an American internet retailer, is under scrutiny of the U.S. Securities and Exchange Commission in connection with the company’s Initial Coin Offering and token sales, affecting the trading of the retailer’s shares and bringing their price down 10%.

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