Archives for Currency

Bitcoin

Dilemma for Ukrainian Regulators: Bitcoins Cannot Be Recognized as Money, Legal Tender, Currency or Securities

A joint statement between the Ukrainian central bank and the country’s top financial regulators shows that existing legal concepts do not apply to cryptocurrencies. For example, they cannot be recognized…
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Asset

Central Bank Round-Up: Brazil & New Zealand Issue Statements, Cryptos are Assets or Securities in Canada

During November, several central banks addressed bitcoin and cryptocurrencies. New Zealand’s central bank has issued a statement seeking to educate citizens of the fundamentals underpinning cryptocurrencies, as well as the…
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Bitcoin regulation

Regulatory Round-Up: South Korea Says Laissez Faire, Zimbabwe Dislikes and Singapore to Regulate

South Korea’s Financial Supervisory Service has stated that it won’t regulate the digital token markets due to cryptocurrencies not comprising a legally recognized financial instrument. In central bank news, Zimbabwe’s…
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