Regulation

As digital currencies and blockchain technologies evolve, so too will the ways in which they are regulated. As rulemakers look to impose limitations and innovators continue to work within (and outside of) these rules, we will keep readers up to date how the latest lines are being drawn.

Coinsetter Exchange Applies for BitLicense, Plans to Stay in New York

Just as other exchanges such as Kraken and BitFinex are pulling up roots and leaving…

Benjamin Lawsky: ‘I’m Doing No Work in the Digital Currency Space’

The former superintendent of the New York Department of Financial Services (NYDFS) and the creator of the…

Canadian Revenue Agency: Bitcoin Considered as Foreign Fund or Property for Taxes

The Canadian Revenue Agency recently stated in section 233.3 of the Income Tax Act that…

San Francisco Federal Reserve Director Warns Community Banks about Bitcoin Risks

Wallace Young, the director of the Federal Reserve Bank of San Francisco, has published an article suggesting…

Op-ed - Russia Makes 2016 an Election Year for Bitcoin
Vladimir Putin Addresses Digital Currencies on Russian National TV

This week, Russian President Vladimir Putin addressed bitcoin and digital currencies for the first time…

Bitcoin Companies Weigh in on Digital Currency Regulations for the California Senate

This week leading bitcoin companies including BitGo, Bitnet, Chain.com, Gem, Mirror, Xapo and Blockstream have…

Government of Jersey Publishes Consultation Paper on Risks and Regulation for Digital Currencies

The government of Jersey, the largest of the Channel Islands, has published a consultation paper on the…

Coin Center Praises California’s Updated Draft for Digital Currency Legislation

Earlier this year Bitcoin policy think tank Coin Center claimed the role of interface to policymakers and…

Regulation - European Banks Rumored to be Monitoring and Reporting Transactions Related to Bitcoin
European Banks Rumored to be Monitoring and Reporting Transactions Related to Bitcoin

An anonymous Reddit user who self-identifies as bank employee posted a warning saying that his…

Regulation - Final BitLicense Rules for New York State Released Today by NYDFS Superintendent Ben Lawsky
Final BitLicense Rules for New York State Released Today by NYDFS Superintendent Ben Lawsky

New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky today released the final…

Op-ed - Bitcoin Regulation Update- 03/07/14
Bitcoin Regulation Update- 03/07/14

This week saw the outing (or not) of Satoshi Nakamoto, Bitcoin’s alleged inventor, who is…

Op-ed - Bitcoin Regulation Update- 02/28/14
Bitcoin Regulation Update- 02/28/14

The last week in February took a turn for the worse for Bitcoiners as ailing…

Op-ed - Bitcoin Regulation Update- 02/21/14
Bitcoin Regulation Update- 02/21/14

Though no major policy developments were announced this week, the highlight seemed to be New…

Op-ed - Bitcoin Regulation Update- 02/14/14
Bitcoin Regulation Update- 02/14/14

The week preceding today’s update saw Bitcoin’s network subjected to adeliberate attack by parties unknown,…

Op-ed - Regulation of Bitcoins in Germany: First comprehensive statement on Bitcoins by German Federal Financial Supervisory Authority (BaFin)
Regulation of Bitcoins in Germany: First Statement on Bitcoins by German Federal Financial Supervisory Authority

Bitcoins continue to keep supervisory authorities, businesses and users as well as speculators busy. On…

Regulation - Using Bitcoin With QuickBooks- Part 2: Revaluing Your Wallet and Converting to Cash
Using Bitcoin With QuickBooks- Part 2: Revaluing Your Wallet and Converting to Cash

This is the second part of a multi-part series that will explain how to integrate…

Regulation - FINCEN: Bitcoin Users Not Regulated
FINCEN: Bitcoin Users Not Regulated, Exchanges Are

Fincen issues guidance that regulation will only target exchanges, not Bitcoin users.