New Crypto and Blockchain Association Launches in Iran – News Bitcoin News

A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s economy. Industry Association to Address Blockchain-Related Challenges in Iran The newly-established Iran Blockchain and Cryptocurrency Association (IBCA) has started operating under the supervision of Iran Chamber of Commerce, Industries, Mining and Agriculture (ICCIMA), the English-language business daily Financial Tribune reported. According to the publication, the IBCA is the first organization affiliated with…

The International Chess Federation is first global sports association with its own NFT marketplace

Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for a nonfungible token (NFT) marketplace. The group said that the marketplace, which launches at the end of November, will be called ChessNFT.  FIDE is the first global sports federation to create its own NFT ecosystem and it does so ahead of the FIDE World Chess Championship 2021. The event is set to take place at the Expo 2020 Dubai from Nov. 24 to Dec. 16. Just last…

Iran Blockchain Association head calls for special council on crypto laws

According to Iran’s main blockchain organization, authorities have been remiss in their enforcement of cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators that it feels are inadequately prepared to handle such a challenging task.  Abbas Ashtiani, head of the Iran Blockchain Association (IBA), said that Iranian regulators such as the Central Bank of Iran (CBI) are unable to regulate digital assets. The IBA has requested for the establishment of an “independent counsel” to assume responsibility, according to a report by the Financial Tribune. While speaking…

Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified – Regulation Bitcoin News

The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal with the complex issue. Blockchain Association Proposes Public-Private Partnership on Crypto Rules in Iran Tehran authorities such as the Central Bank of Iran (CBI) are not capable of regulating cryptocurrencies, according to the head of the Iran Blockchain Association (IBA). Тhe country’s main organization representing members of the crypto…

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian regulatory bodies have been criticized for their actions regarding the cryptocurrency industry in the country. According to Yuri Pripachkin, head of the Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (Racib), their actions are still…

Blockchain Association Meets with Biden Treasury Department on Crypto Regulations

Representatives of the Association met with members of the Biden Administration for favorable regulations and to correct “illicit finance” notion on crypto. Blockchain Association, a US-based crypto advocacy group, held a meeting with Biden administrators to champion more conducive crypto regulations. Kristin Smith, the association’s director, led the meeting with high-ranking officials from the Whitehouse. Some of the administrators present were Wally Adeyemo, Deputy Secretary nominee and former BlackRock executive, and Treasury Secretary Janet Yellen. Other members were also present. Smith explained to FOX Business that the group is trying…

Blockchain Association meeting with key Biden staff about regulations

U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations. The Association’s executive director, Kristin Smith, told Fox Business the group has already met with or is in the process of scheduling meetings with high-ranking Whitehouse officials including Treasury Secretary Janet Yellen, Deputy Secretary nominee and former BlackRock executive Wally Adeyemo, along with representatives of the Treasury Department. Citing reported comments from Yellen about how the primary utility of cryptocurrency is “illicit financing,” Smith said the association’s key aim…

Is political extremism tarnishing blockchain by association?

The attack on the U.S. Capitol last month led to the deplatforming of former President Donald Trump from Twitter and Facebook. Amazon, Apple and Google stopped hosting Parler, a free speech app that had been the platform of choice for many sympathetic to extremist, far-right ideas. Gab, an alt-Twitter app that is home to right-wing incendiaries like Milo Yiannopoulos and Alex Jones, has been accused of enabling the attack by allowing violent-provoking speech on the platform. Despite this, the Gab user base has surged since the attack. Other privacy-focused chat…

Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team

The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations.  The Blockchain Association has been one of Washington, D.C.'s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph's Top 100 list.  Hammond, meanwhile, cut his teeth working on crypto policy for Representative Warren Davidson, most notably the Token Taxonomy Act, which is also the origin of the relationship with the Blockchain Association. It was at Davidson's roundtable for crypto…