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Tag: Regulation

Blockchain in France: A Primer on an Emerging Market

Alexandre Stachtchenko is co-founder of Blockchain Partner and president of an association created by the merger of two French blockchain startups: Blockchain France and Blockchain Lab. Blockchain Partner is at the forefront of blockchain consultation in France. In this opinion piece, Stachtchenko provides an in…

Australia Reaffirms Pledge to Fix Bitcoin Tax Issue

Australia’s government is pushing ahead with plans to solve the “double taxation” problem of digital currencies in the country. The government pledged more than a year ago to solve the policy dilemma, wherein Australian businesses are liable for goods-and-services (GST) taxes on any…

Is Safe Haven Scarcity Becoming a Boon For Bitcoin?

While the strict regulations that emerged following the 2007–2008 financial crisis drew fire from many industry participants, they may have had an unintended consequence: making bitcoin more appealing to investors. Following the crisis, regulators created a complex framework of rules…

Russia Eyes Legal Recognition for Bitcoin in 2018

The Russian government is reportedly looking to recognize bitcoin as a kind of financial instrument in 2018. According to Bloomberg, senior Russian officials including Deputy Minister of Finance Alexey Moiseev and representatives from the Bank of Russia (the country’s central bank)…

Beijing City Regulator Calls For Blockchain Standards

An official with Beijing’s municipal government is calling for the country to adopt a “standard” approach to blockchain development. According to a speech published by Sina Finance, Huo Xuewen, secretary of Beijing’s Municipal Bureau of Finance (a group that sets the city’s economic strategy), invoked…

R3 Targets Regulators for Next Wave of DLT Expansion

The world’s largest blockchain consortium is set to expand its membership to include a host of global regulators. The news, revealed in interview with CoinDesk, follows R3’s recent announcement that the State of Illinois had become the first US regulator to join the distributed ledger…