Questions tagged [regulation]
The regulation tag has no usage guidance.
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Blockchain.com has frozen my Atomic wallet [duplicate]
I have been investing money into Bitcoin for almost a year now. I decided it was time to get some back. I use the Blantomic platform and asked them to send an amount to my Atomic wallet. I do not have ...
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What is Operation Chokepoint 2.0?
What exactly is Operation Chokepoint 2.0?
In an email with subject "[URGENT] Bitwage Banking Switch - Change of Service Offered" dated today, BitWage said:
Dear Bitwage Community,
The ...
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Are decentralised exchanges regulated?
I've read that DEXs like Bisq doesn't require any compliance with any financial legislation due to the fact that it's a decentralised exchange. But do DEXs still need to meet AML/KYC requirements? If ...
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Why do several exchanges not comply with KYC regulations
I am doing a research project about Crypto regulation. From what I read, Know Your Customer and Anti-Money Laundering compliance from exchanges are legally required in the US. However, a quick search ...
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Can cryptocurrencies like Bitcoin be turned into a censored payment system under that would be financial regulation framework creating soft forks? [closed]
It s well known mining pools as well as hashing power is centralized in countries where electricity is cheap and using mining farms rather belonging to at least medium sized companies than single hand ...
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Holding Period Algorithms and the Blockchain
According to this interview, taxation holding periods in the United States for cryptocurrency can be determined by FIFO (First In First Out), LIFO (Last In First Out), or a more flexible option called ...
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Are you considered a money transmitter if your end users sends you their private keys to send funds on their behalf?
I have a service where the end user sends me their bitcoin private keys and I send it back out to a new address when a condition happens (ex. if the weather is raining).
Is this still considered as ...
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How does Bitcoin comply to GDPR
Update: This related question focusses on users own data. My question is mostly asked from the perspective where a person may enter someone elses personal data, like someones sexual preference.
In ...
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Can Bitcoin be "shutdown" if energy consumption for mining is heavily regulated?
Can Bitcoin be "shutdown" or heavily hampered if energy consumption for mining is heavily regulated? Can transactions still be processed if mining for new coins is hampered? I am thinking it would be ...
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How hard it is to destroy BitCoin system if the government leaders decide to do this?
Just wondering, since the government controls the physical internet. The Bitcoin system could be somehow destroyed by the governments.
I'm just wondering if they want to do this, is it technically ...
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How can a government ban trading in bitcoin since the people can trade in overseas exchange?
Recently, bitcoin fell because South Korean government threatened to ban trading. What I fail to understand is how can cryptocurrency trading be banned? Citizens can always trade anonymously in ...
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Pump & Dump communities. Are they legal?
There are several communities that allow anybody take part in their "movements".
They say, for example, that at 7pm GMT they will announce an altcoin name and people would rapidly buy this coin on a ...
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Do cryptocurrency exchange sites work and operate like a regular bank?
I have come across cryptocurrency exchange sites (for example, coinbase, bittrex, etc) and I was wondering if they operate like banks. What are the (usual) legal requirements in order for a site to ...
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Bitcoin regulation by country
I am looking for a straightforward Bitcoin regulation list accepted in each country. About how it's legal, illegal or denied and if it's legal is there any specific rules in each country?
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Official currencies in Japan
Now that bitcoin has been recognized as a medium of exchange, rather than a commodity subject to certain taxation in Japan, is it the only such one other than the Yen?
Since the pronouncement of ...
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As of 2016-June - Which companies are registered with the NYC Bitlicense?
As of today 2016-June - Which companies are registered with the NYC Bitlicense? I heard that only 2 were given these licenses while everyone else is just waiting. Why and how did these few select ...
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Rolled out my own no-fiat service. What will the tax man need?
Background:
I have programmed my own service using https://bitcore.io and I have a limited company set up in the Uk! My company's original intention was to deal with Paypal transactions. (but we are ...
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Which country has the most friendly regulatory environment? [closed]
There has been a lot of discussion of the most oppressive jurisdictions. Which countries have taken notice of these failures and have set up the best regulatory environment to attract Bitcoin related ...
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Is there any come back when an exchange goes bust?
I had .95btc in cryptsy.
The exchange is now bust with intermittent updates from 'big Vern'.
The authorities don't seem to care, fellow crypto enthusiasts just say things like, 'oh how stupid, ...
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Has the BitLicense affected other U.S. state regulators' actions?
What aspects of New York's new BitLicense have most affected New York-based companies already?
How have California and other states who are planning BTC policy learned from New York's example? (For ...
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What regulations are in place for Bitcoin in California?
I'm looking for information on Bitcoin regulation for companies.
Since Bitcoin is commodity, if you are a company and selling bitcoins you need to have license.
What are the licenses and regulators ...
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Bitcoin exchange platforms and foreign exchange regulations
I'm wondering how cryptocurrency exchange platform adapt to country regulations where foreign exchange is forbidden (especially where sending money outside is forbidden).
How they could buy Bitcoin ...
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Is there any regulations on buying and selling Bitcoin on eBay?
I see a lot of people selling Bitcoin on eBay. Since the government began regulating exchanges, are there any rules you have to follow now to sell Bitcoins on a site like eBay? Additionally, are there ...
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Are Bitcoin / Cryptocurrency free & paid "Faucets" illegal in the USA?
I was wondering if Bitcoin faucets were illegal in the USA? What about a paid bitcoin faucet where you pay in other coins to get a few cents worth of BTC?
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Bitcoin trading: security
I have seen different trading websites on Bitcoin and a question came to my mind:
Security
Why do they require so much identity verification? If I remember correctly MtGox (despite what later ...
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If most G20 nations ban bitcoins, would that effectively kill bitcoin?
If the G20 nations (or most of them) ban bitcoins doesn't this effectively kill bitcoin? My thinking is that a normal person would no longer have any means of converting bitcoins to the local currency....
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How does the network decide the appropriate rate at which to create bitcoins?
In the debt based fiat system of currency currently being monopolized, the amount of money added into circulation can cause it to deflate or inflate in value. How does the network calculate the ...
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What states is Kraken doing business in
Is there a list of states that the kraken exchange is currently doing business in?
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What are the "Know Your Customer" challenges that Bitcoin faces?
Can anyone explain what KYC (Know Your Customer) regulations are "missing", tough or impossible to implement with Bitcoin?
I will offer a bounty to the most detailed answer
(However this question is ...
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Do private people mining or exchanging Bitcoin with Fiat fall under FINCEN's definition of "user"?
Fincen's March 2013 report defines:
A user is a person that obtains virtual currency to purchase goods or services.
An exchanger is a person engaged as a business in the exchange of virtual currency ...
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Do USA-based miners need to register with FinCEN?
As seen in recent news, FinCEN has issued a statement on its classification of virtual currencies: http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html
Hypothetically suppose I mine ...
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What money transmission licences are relevant to Bitcoin?
Tradehill was shutdown for various regulation issues, including not having the required money transmission licenses.
What were the money transmission licenses that were required?
What other ...
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What is a brief summary of the ECB's report on virtual currency?
On 29th Oct 2012, the European Central Bank released this report on virtual currency.
What is a summary of its comments on Bitcoin?
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