the Much too rare for the Federal Republic of Germany was part of this weekly regulation column. Finally, the Blockchain-regulation plays in the coalition agreement only a minor role. Now, however, there is news for you: Until „mid-2019“ want to work out the Cabinet under the leadership of the Ministry of Finance, a Blockchain strategy.
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welcome to the regulatory-ECHO KW9.
Thailand, the SEC expanded the list to the STO-compliant Token
Thailand is on the list of crypto-friendly countries, comparatively far above. The Central Bank of the country even wants to be a of their own digital currency.
the Latest regulatory intentions are likely to confirm this position once again. Because according to a press release, authorized by the Thai stock exchange, supervision in addition to Bitcoin (BTC), Ether (ETH), Ripple (XRP) and Stellar Lumens (XLM), the following crypto currencies for a Security Token Offerings (STOs): Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH).
The SEC emphasized, however, that these tokens are not legal tender in the Southeast Asian country. Only for Token Sales, investors are allowed to use this.
Federal government: Blockchain-strategy comes in mid-2019
what is going on in the Blockchain. The Federal government plans, your Blockchain strategy until the middle of 2019. On a Small request of the FDP group in the German Bundestag with respect to the FinTech market, replied the Federal government:
In the coalition agreement, it is agreed that the Federal government is developing a Blockchain strategy. This is currently the leading ministries, the Ministry of Finance and the Federal Ministry for economic Affairs and energy with the involvement of the other ministries and is expected to be in mid-2019, with finalized prepared.
In an Interview with BTC-ECHO MdB Mario Brandenburg also speaks about the necessity of so-called Regulatory Sandboxes in the legislation.
Cannatax: California Cannabis company is to control with stablecoins
pay Now grows together, what belongs together, like one or the other in the following message Cannabis thinking: companies in California in the future, may your taxes in Stable Coins to pay. According to the draft law, AB-953, from the beginning of 2020, the companies that operate in the Cannabis industry is expected to fall back in your tax return on Kryptos. Accordingly, the administrative districts stablecoins either be allowed to accept „directly or to third-party back tire, digital payments [for the authorities] manage, and directly in US dollars to convert“.
The design is a conflict between state and Federal advance is legal. Finally, Cannabis at the Federal level is contrary to California law, still illegal. Therefore, banks with companies with Cannabis may not cooperate-respect – which leads to immense logistic problems.
Read also: The situation on Wednesday: Bitcoin in the mood
Russia holds crypto-regulation is in the eye
the Russian Federation, as tends to be crypto-savvy. This attitude is also President Vladimir Putin now gives more expression.
On the instructions of the Kremlin, the Russian Parliament by 1. July „Federal laws aimed at the development of the digital economy,“ to submit. Furthermore, the Federal Assembly to take „the regulation of digital assets,“ in the eye.
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