China’s State Macroeconomic Planning Agency Mulls Ban on Crypto Mining

China’s National Development and Reform Commission (NDRC), a state planning agency charged with spearheading macroeconomic policies, has revealed it is considering the elimination of crypto mining in the country. The news was reported by Reuters on April 9. The NDRC has reportedly now included crypto mining as part of its draft for a revised list of industrial activities the agency intends to curtail. The list — which reportedly runs at over 450 points long — identifies activities the state deems to be in violation of relevant laws and regulations, pose…

US CFTC Chair Says Agency Has Resisted Calls to Suppress Development of Crypto Sector

United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector. Giancarlo made his remarks during a speech devoted to EU-U.S. regulatory cooperation for derivatives markets, delivered at the Eurofi Financial Forum in Bucharest, Romania on April 4. The chairman expressed his agency’s support of international efforts to review the effectiveness of the G20’s derivatives reform agenda and to ensure they enhance, rather than stifle, derivatives markets. He noted that the CFTC…

French Cybersecurity Agency Grants Security Certificate to Ledger Nano S Hardware Wallet

The Ledger Nano S from French crypto hardware wallet firm Ledger has received a First Level Security Certificate (CPSN) from France’s national cybersecurity agency, ANSSI. The development was shared with Cointelegraph on March 18. The National Cybersecurity Agency of France (ANSSI) reports to the Secretariat-General for National Defence and Security (SGDSN) in order to assist the French Prime Minister in matters of defence and national security. According to their list of certified products, 122 out of 261 products that ANSSI has started evaluating since June 1, 2018, have been certified.…

Canada Revenue Agency Auditing Crypto Investors

The Canada Revenue Agency (CRA), the government’s tax collection service, is reportedly auditing investors in cryptocurrencies like Bitcoin (BTC), Forbes reports on March 6. Citing sources close to the matter, Forbes states that the CRA has sent extensive questionnaires to investors pertaining to their crypto-related activities in recent years. The questionnaires reportedly run 14 pages long with 54 questions and multiple sub-questions. The CRA told Forbes: “In order to protect the integrity of our risk assessment systems, we cannot comment on the specific information or criteria we use to select…

Isle of Man Gov’t Executive Agency Forms Global Blockchain Office, Regulatory Sandbox

An advisory body for the self-governing British dependency Isle of Man (IoM) has launched a hub to promote the development of blockchain, fintech news agency FStech reports on Feb. 5. As a key decision maker for the economic growth of the IoM, Digital Isle of Man initiated the formation of the Blockchain Office, a global blockchain hub to provide a favorable environment for the development of blockchain projects. Along with founding the Blockchain Office, the government executive agency has also launched an Isle of Man Sandbox in order to guide…

Kiss of Death? Weiss Ratings Agency Changes Tune on TRON

Kiss of Death? Weiss Ratings Agency Changes Tune on TRON January 27, 2019 by Paul de Havilland The much-maligned (and rightly so) Weiss Ratings agency has given TRON the thumbs up for 2019. While Weiss Ratings opinions are always to be taken with a grain of, ahem… SEC settlement salt… their change of tune on TRON is certainly noteworthy. Also read: Central Bank of Central Banks BIS Says PoW Crypto Needs New Tech Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Weiss Has a History of Dissin’…

Denmark’s Tax Agency to Collect Information About Bitcoin Traders

Taxes Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes. Information about foreign citizens and entities will be shared with other countries.    Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Tax Agency Authorized to Gather Data From Three Danish Exchanges Skattestyrelsen, the Danish Tax Agency, announced it has been authorized by the country’s…

Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies

The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite reports on Jan. 14. The objective of the investigation is to assure compliance with tax and social security regulation, as the agency is reportedly worried about the use of crypto-assets for revenue concealment and tax evasion. The Bulgarian RSA reportedly conducted a survey of the companies that own online platforms for the sale and purchase of cryptocurrencies — like cryptocurrency exchanges —  and already assigned control actions (which presumably means…

Denmark’s Tax Agency Seals Authority to Collect Data from Three Crypto Exchanges

Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information regarding all trades of cryptocurrencies across three domestic crypto exchanges. An official announcement published on the agency’s website reported this development on Jan. 14. The authorization means that three unspecified Danish crypto exchanges now have legal disclosure obligations to hand over identity information that includes names, addresses and personal tax numbers, as well as details of all crypto transactions made on their platforms between Jan. 1 2016 to Dec. 31 2018. The Tax Authority has said…

Tunisia Internet Agency Signs Strategic Partnership With Blockchain Platform

The Tunisia Internet Agency (ATI) is going provide hosting services for the Russian blockchain platform Universa, according to a press release shared with Cointelegraph on Dec. 19. Founded in 1996, the ATI is a governmental body run by the Ministry of Communications with the objective to promote Internet usage in the country. Per the release, the ATI has signed a 10-year renewable strategic partnership with the blockchain platform Universa to provide hosting services for the platform and facilitate its further development. The agreement sets up a range of objectives, wherein…