Regulation of cryptocurrencies in Africa
The African continent have kept relatively quiet on the topic of cryptocurrencies, except for one unique initiative, involving several African countries which came up with a joint initiative to offer cryptocurrencies. Cote d’ivoire, Benin, Burkina Faso, Mali, Niger, Togo and Guinea have joined in a rather unique project involving a partnership between a local bank […]
Offshore regulation of Crypto currencies
The crypto currency phenomena, and some initial initiatives as to regulating it, can be found also in offshore jurisdictions. Much alike major jurisdictions, there are various models or approaches. While some jurisdictions settled for the issuance of notices and circulars to their licensees and to the public, stating that bitcoin is not a currency while […]
European and EU regulation of Crypto Currencies (Digital Currencies)
European countries, and EU member countries within Europe, differ in their regulatory approach to crypto currencies. Therefore, in order to understand the current state of affairs with regards to regulating crypto currencies, it is necessary to enter into a state by state analysis. Prior to that, we shall examine the current status at the EU […]
Digital Currency Exchange (DCE) with AUSTRAC
Australia is one of the most attractive options for regulated cryptocurrency businesses, as the country allows businesses to register as a Digital Currency Exchange (DCE) with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the regulator for cryptocurrency businesses in the country. Obtaining the DCE license is compulsory to all those offering cryptocurrency exchange activities […]
Regulation of crypto Currencies in the Americas
The American continent is home to several major jurisdictions, starting with the US, which is the country to watch when it comes to most financial innovations and initiatives. Major economies such as Canada, Mexico, Brazil and Argentina need to be reckoned with as well. The following is a short overview of the regulatory situation of […]