Tag Archives: Crypto Regulation


US Congressmen Introduce Bipartisan Bills to Eliminate Crypto Price Manipulation

  By David Drake   The need for closer scrutiny of cryptocurrencies, in the face of a strict regulatory environment in the US, has seen Congress develop a contingent solution. In the early days of December, 2018, two members of the US Congress introduced a bipartisan bill proposing elimination of crypto price manipulations. The ability to set and affect pricing […]

How Proposed US Crypto Regulation Could Tackle Market Manipulation

  By David Drake   In an ideal situation, markets need to be competitive where there are many buyers and sellers so that no single player can dictate or influence prices. This helps in creating public confidence, resulting to increased trade and efficiency in transactions. But this is not always the case. Due to the urge to make super profits, […]

Self-Regulation: What Virtual Commodity Association and Blockchain Exchange Commission Should Really Focus On

  by David Drake     Cryptocurrencies and blockchain have become the talk in tech circles in recent years. This has raised concerns with respect to cryptocurrency regulation for industry players and governments alike. This is because blockchain, the technology that underlies cryptocurrencies, has particularly captured the attention of developers and paved way for innovations that seek to solve challenges across […]

Why Relaxed Regulations in South Korea are Good for the Cryptocurrency Industry

by David Drake South Korea’s Financial Supervisory Service (FSS), the country’s top financial regulator, has  a new governor after President Moon Jae-in approved Yoon Suk-heun’s nomination. Responding to reporters, Yoon Suk-heun said the FSS will consider relaxing cryptocurrency regulations. The FSS banned initial coin offerings (ICOs) and anonymous trading of cryptocurrencies in September 2017 and January 2018, respectively. South Korea’s […]

Will Changes in South Korea’s Financial Regulator Boost Crypto Market Performance?

by David Drake South Korea has made news for having regulated the cryptocurrency industry in Asia. In September 2017, the Financial Supervisory Service (FSS) banned initial coin offerings (ICOs). In January 2018, the Financial Services Commission (FSC), the country’s financial regulator, enforced a ban on anonymous cryptocurrency trading. However, this is set to change in the coming following a change […]

Traceable Cryptos Not Wanted in Japan’s Exchanges, Here’s Why

by David Drake   The financial regulator in Japan is working quietly to reduce cybercrime associated with cryptocurrencies. The Financial Services Agency (FSA) is hoping to persuade cryptocurrency exchanges to quit handling digital currencies largely preferred by criminals who are out to launder money and engage in other criminal activities, including terrorism. Sources that are close to the regulator confirmed […]

How Crypto-Related Cybercrime Should Be Fought

by David Drake   One of the main features of cryptocurrencies is anonymity. However, this has its dark side, and this is currently one of the major concerns in the cryptocurrency industry due to its linkage with cybercrime. In anonymous cryptocurrency trading, traders do not have to verify their identity or provide personal details. They can open virtual bank accounts […]

Will Japan’s Efforts to Halt Trading of Dash, Zcash and Monero Succeed?

by David Drake   The financial regulator in Japan, Financial Services Agency (FSA), has been quietly advising cryptocurrency exchanges in the country to quit trading Zcash, Dash and Monero. The three cryptocurrencies are seen to be favoured by money launderers as well as others who engage in criminal activities. The decision to discourage cryptocurrency exchanges from trading in these altcoins […]

How Balanced Regulation can Streamline Crypto Exchange Operations

by David Drake Recently, there has been news circulating about crypto trading platforms that paint them in a rather negative light. At the beginning of the year, Coincheck, a popular Japanese exchange, lost up to $530 million after hackers accessed its system and got away with NEM cryptocurrencies. This past week, Cointelegraph reported that trading volumes in one of the […]

With Crackdown on Exchanges, Is the Crypto Market Headed for Tougher Times?

by David Drake In an unprecedented move, the Japanese financial regulatory authority recently suspended operations in two crypto-trading platforms and issued business improvement orders for five other exchanges. This came after Coincheck lost an estimated $534 million in NEM currency. Coincheck is one of the leading crypto exchanges in Japan. But Japan is not the only country that is grappling […]