bitcoin regulation News

Coordinated Global Regulation of Cryptocurrencies Needed: Circle CEO

Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money. “Ultimately there needs to be normalization at the G20 level of critical …

Coincheck Will Start Compensating 260,000 Victims of $500M Cryptocurrency Heist

Coincheck Inc. said it will start compensating users who had their cryptocurrency stolen beginning as soon as next week, as the Japanese exchange seeks to resume more of its operations. All of the 260,000 users impacted by the theft of …

Bipartisan Momentum Building in Congress for Cryptocurrency Regulations

Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in …

New York Grants Charter to Winklevoss-Backed Bitcoin Exchange

Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday. Under …

New York Regulator Issues 1st Virtual Currency License to Company

New York State regulators have approved their first license to a company dealing in virtual currency such as bitcoin. Circle Internet Financial has outlined security, capitalization, controls against money laundering and other measures intended to protect consumers and root out …

North Carolina Legislators Look at Regulating Virtual Currencies

Legislators in America’s second-largest banking center are considering regulations for Bitcoin and other virtual currencies. North Carolina’s banking commissioner is seeking legislative authority to require that companies circulating digital IOUs meet consumer protection, anti-money laundering and other standards. Legislation passed …