Articles about Blockchain Policy

Is fintech "regulation sandbox" good or bad for blockchain?

Source of this article: Shallot Blockchain Author: Yanyao Ping, please indicate the source. The innovation and supervision of blockchain in the financial field is always in the process of dynamic gaming. On December 5, last year, the People's Bank of China supported Beijing to take the lead in launching a fintech innovation supervision pilot nationwide […]

One-week regulatory review | German law allows banks to trade cryptocurrencies, changes in Asian law

Some of the major regulatory developments in the cryptocurrency space have changed this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, South Korea and Thailand are also revising laws to better regulate the crypto industry. We will also cover crypto news involving the governments of China, Japan and […]

U.K. updates crypto tax guide, highlighting Bitcoin as neither currency nor securities

Author Liang CHE Source: Than push, More than news, the UK tax authority has issued tax guidance for businesses to supplement its previous guidance for individuals. The guide clarifies the status of capital gains tax, corporate tax, national insurance, income tax and other taxes. The HMRC states that it generally does not consider cryptocurrencies […]

Hong Kong Securities Regulatory Commission releases position paper on supervision of virtual asset trading platform [Simplified Chinese]

Original source: Position book Supervising virtual asset trading platforms Part 1—Supervision Policy of the SFC on Virtual Asset Trading Platforms 1. The Securities and Futures Commission (SFC) announced on November 1, 2018 a set of conceptual frameworks that may regulate virtual asset trading platforms, and stated that the SFC will consider whether it is […]

19 days, 44 policies are favorable, the blockchain industry is accelerating into the fast lane

Text | Pisa On October 25, the national leader presided over the collective study meeting of the Political Bureau of the Central Committee, and listed blockchain as an important breakthrough in independent innovation technology. In the following 19 days, local governments around the country issued 44 related policies to encourage the development of blockchain, involving […]

Forbes: Will the IRS Kill Cryptocurrency Trading

Business media Forbes wrote on Monday an analysis of how the IRS's crypto policy will affect the cryptocurrency world. The article states that the IRS declared cryptocurrencies as assets in 2014, and after five years, it stated that cryptocurrencies from hard forks are subject to tax. There are currently no official tax guidelines for cryptocurrency […]

Monthly Report | Blockchain policy released in November, supervision and support

Text: Interchain Pulse · King Go Source: Interchain Pulse In November after the "1025 New Deal", the amount of policy information on domestic blockchain support and blockchain supervision both increased significantly, and the total amount of blockchain policy information increased by 140%. And the announcement of policy information is in a state of national linkage. […]

Supervision clearly "open the door to block the evil door" ideas "chain Shanghai South" into a digital asset test field

PA Weekly Issue 84 11.25-12.01 Wen | Editing by Zhou Wenyi | Bi Tongtong Source | PANews Overview: Fan Yifei, deputy governor of the central bank: steadily promote the application of digital forms of fiat currency; the Hainan Blockchain Pilot Zone will release the "Chain Shanghai South" plan for the first time on December 4; […]

Switzerland will make extensive amendments to blockchain regulations

Since the Swiss federal government has submitted a plan to amend the blockchain regulations to the Swiss Parliament, the Swiss blockchain regulations will be overhauled. This revision plan aims to amend the current old law related to blockchain and distributed ledger technology (DLT). These old rules have brought the blockchain innovation industry to a standstill. […]

US Treasury: FB Libra Coin needs to meet the highest standards of anti-money anti-terrorism

According to foreign media reports, a senior US Treasury official said on Tuesday that if the Facebook-led Libra cryptocurrency project is to be launched, it must meet the highest standards of the US government to combat money laundering and terrorist financing. According to reports, Sigal Mandelker, deputy secretary of the US Treasury for terrorism and […]