Where Are They Now?: The United Kingdom’s Slow, yet Proactive Approach

Big Ben Made out of Sand with Coins Sticking out of Sand Box

During this series covering the regulation of blockchain and cryptocurrencies, BTCManager has taken a look at nations who have all taken relatively unique approaches in their attempt to accommodate the technology. While there may be some similarities, the pieces have focused on events that make them stand-out amongst the rest. This installment is no different as the United Kingdom has had…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Where Are They Now?: Japan, The Birthplace of Cryptocurrency Exchange Regulations

China’s Bitcoin Ban Made Way for Japan’s Substantial Cryptocurrency Trade

Unlike many regions of the world that are slowly beginning to tap the potential of cryptocurrencies and blockchain technology, some nations like Japan have been embroiled in crypto-mania from the very beginning. Japan is one of the frontrunners of blockchain adoption being home to numerous blockchain projects, startups, and cryptocurrency exchanges among the thousands of merchants who are accepting Bitcoin…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Where Are They Now?: Malta Dazzles with Crypto-Legal Certainty on a Pioneering European Island

Malta: President’s Trust Partners With Blockchain Charity Foundation

Throughout 2018 there have been very few nations like Malta who scoffed in the face of cautious regulatory approaches to particular aspects of blockchain technology, namely cryptocurrencies and initial coin offerings (ICOs), and instead carved out a uniquely accommodating path for the tech. Compared to China, Malta’s blockchain journey sits on the opposite end of the paradigm not only with…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Where Are They Now?: South Korea Prohibits ICOs, Keeps Crypto-Exchanges and Adopts Blockchain

South Korean Flag Power Plant Blockchains

In the global blockchain regulation race, there are a number of battlegrounds where the technology, or at least facets of it, are debated with intense fervor. South Korea is most certainly one of those nations where blockchain contention runs deep.   Tipped as one of the world’s “blockchain hubs,” South Korea has been a source of prosperity for the global…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies

PwC Report: China the World Blockchain Leader in "Three to Five Years"

Ever since the winter boom of 2017, blockchain and cryptocurrencies were catapulted into global discourse like never before; whether it was the sky-high crypto-market capitalizations, or the rush of freshly-funded blockchain startups advancing the frontiers of the bustling sector, it became evident it was no “fad.” Pick and Choose Instead, the technology became a worthy topic of discussion for governments, having…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Japanese Financial Regulator Classify Cryptocurrencies as “Crypto-Assets” to Ward off Consumer Misunderstanding

The Strength And Survival Of Japan In The Cryptocurrency Sector

Japan’s financial regulator has established a classification for cryptocurrencies that are traded online like money, this according to a report from The Japan News on December 15, 2018.  Avoiding Confusion According to the article, the nation’s Financial Services Agency (FSA) has decided to position bitcoin and other cryptocurrencies under the category of “crypto-assets.” Furthermore, the intention behind the move is to…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

UK MP: “Taxes Could Be Paid in Cryptocurrency”

Cryptocurrency Self-Regulator Assures British Government After Multiple Security Breaches

On December 10, 2018, a UK Member of Parliament (MP) spoke out in favor of cryptocurrencies, calling for colleagues to educate themselves further on the technology and, suggested they could be used to pay taxes. Pro-Crypto MP According to an article published by UK media outlet the Daily Express, Eddie Hughes, an MP belonging to the Conservative party, who are…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

South Korean Flag Power Plant Blockchains

The South Korean government will be spending four billion Korean won (KRW) ($3.500.000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. According to the report, the city administration of Busan, the second most populated city in South Korea, proposed the project. Also involved are Nuri Telecom,…Read More. The post by Eddie Mitchell appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News