This article is part of a series on governments with an anti-crypto stance. China is most likely one of the countries with the lowest tolerance towards the digital currency community. Despite this aspect, holding Bitcoin alongside other cryptos isn’t illegal, nor is purchasing or selling coins as long as it’s done without the involvement of an exchange.…

This article is part of a series on governments with an anti-crypto stance. Understanding the cryptocurrency market in Iran Back in April 2018, the Central Bank of Iran published their decision to prohibit local financial institutions and banks from getting involved with cryptocurrencies. The reasoning consisted of terrorism financing and money laundering risks. Despite this aspect, numerous studies showcase…

Understanding Cryptocurrency Regulatory Trends During the last couple of years, cryptocurrency regulation has been a subject on the agenda of most governments throughout the world. However, the regulatory approach varies widely from country to country, as some have chosen to adopt a crypto-friendly regulation, whereas others have outright banned the technology. In this article, we’ll take you on a journey…

WBack in April 2018, Facebook publicized the launch of its very own blockchain department. The news wasn’t surprising at all, granted that most major companies are experimenting with the technology. However, last week, the social media giant announced the start of a hiring spree, with focus on blockchain experts and developers. Facebook’s sudden increased…

During the last couple of years, China has been dealing with a wide variety of intellectual property issues. Given its 800 million internet users, the problem has further accentuated recently, since the number of disputes involving online businesses has increased exponentially. In an effort to fight this problem, the Hangzhou Internet Court has recently announced…

The United Arab Emirates has often been regarded as a blockchain hub, due to the country’s constant efforts to research and adopt blockchain technology at a state-wide level. Now, recent reports indicate that the United Arab Emirates Banks Federation (UBF), through its Advisory Council, has held discussions regarding the implementation of the technology for its…

During the last couple of months, China has often reiterated its aggressive position towards digital currencies. A similar event recently took place, after the People’s Bank of China (PBoC) decided to ban security token offerings, also known as STOs. Banning the Successor to ICOs For those who do not know, STOs are considered the successors to ICOs.…

According to recent reports from unnamed sources, Tylor and Cameron Winklevoss, the founders of the Gemini Trust Company, operators of the Gemini cryptocurrency exchange, are debating to move their operations to the United Kingdom to get closer to European markets. The Gemini Exchange was founded back in 2014 by the Winklevoss twins, and quickly became one…

During the last couple of months, more and more companies have migrated towards exploring blockchain technology. Now, recent reports indicate that South Korea’s state-owned telephone giant KT Corporation is launching its very own blockchain-based commercial network. They have started to create a blockchain system on top of the national telecommunication network. The expected benefits include…