The regulatory-ECHO KW51: e-krona and Petro-forced

the In the US, the SEC is continuing their crusade against crypto-Scams, while the CFTC Ethereum takes under the magnifying glass. Meanwhile, brooding by the Central banks of Sweden and the Netherlands in the field of regulatory responses to Bitcoin & co. In Venezuela, the state-mandated Petro-recorded, however, the pension funds. The freedom of expression ECHO the calendar week 51.

By Christopher clover
17. December 2018ShareFacebookTwitterLinkedInxingemail

M millions penalty for US-crypto-Scam . The U.S. stock market and securities regulator, the SEC, has occupied the founder of the supposedly "first decentralized Bank in the world", AriseBank, with a sensitive to a monetary penalty. The ICO for the AriseCoin flushed to the beginning of the year to 600 million U.S. dollars in the coffers of the initiators. After the SEC has already frozen in January, the assets of both operators, they must pay the equivalent of US $ 2.7 million penalty. In addition, leadership positions in the shares will stay with you henceforth, companies denied.

the CFTC is examining ETH Futures

The U.S. regulator of Futures and option markets CFTC is examining the possibility of an introduction of ETH Futures. Since the 11. December is invited to the Public within 60 days comments to Ethereum with the CFTC to submit. This Request for Information marks the beginning of the official dealing with ETH, at the end of the admission of ETH Futures.

the Netherlands: Central Bank calls for stricter regulation

The Dutch Central Bank plans to tighten regulation of crypto exchanges. Thus, De Nederlandsche Bank, terrorist financing and money laundering in the crypto-want to reduce sector. The old accusation of Bitcoin & epigones, to be for criminal activities, predestined, was the last of the South Korean financial Supervisory authority once again.

Japan: Opposition calls for tax relief

In the Japanese Parliament, parts of the Opposition control are calling for relief for crypto investors. That the current tax system could be a stumbling block for future developments in crypto and Blockchain-area, the line of reasoning. The current tax rate on crypto-profits is in Japan, 55 percent. Instead, the critic should be guided, the tax rate on the 20 percent that is estimated for conventional forms of investment.

Sweden: Riksbank to explore e-krona

more and more Swedes cash to return to the back. The Scandinavians have replaced the United States as a leader in the digital payments per capita. Now, the Swedish checks Central Bank, and how to deal with this transition to a cashless society. The Riksbank also takes the introduction of a private crypto-currency. The "e-krona" could make commercial banks partly superfluous, and so, for example, Bank Runs prevent.

Venezuela: Petro-compulsory for pensioners?

The Venezuelan President Maduro expresses, in the meantime, apparently, also the pensioners of the country, its Oil-Coin Petro in the eye. So pensions are to be enquired of – of course – in the state's own crypto-currency converted. An example of this is that crypto does not always mean decentralisation.