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 […]
Blockchain vs GDPR: a potential but reconcilable collision
One of the benefits in blockchain is that it allows to publicly share records which are stored in different computers. Basically it is like an electronic registrar enhancing transparency. This however contradicts some basic concepts of data privacy protection especially in light of the GDPR whose goal is exactly the opposite – to restrict and […]
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 […]
Crypto Currencies Regulation
One cannot but describe the regulatory landscape of cryptocurrencies as diverse, maybe even fragmented. The general attitude towards cryptocurrencies, led by national central banks, is to reject the possibility of cryptocurrencies qualifying as legal tender, thus leaving the floor to other authorities to express their views and interpretations. That being said, the use of cryptocurrencies […]