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Notable Regulatory Developments in 2015 State of Bitcoin and Blockchain 2016

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Notable Regulatory Developments in 2015
20State of Bitcoin and Blockchain 2016
New Jersey: Digital Currency
Jobs Creation Act introduced
Hong Kong: No need for
bitcoin regulation
UK Treasury: AML rules for
wallets and prudential
regulations for exchanges
European Court of Justice
(ECJ): Bitcoin sales are not
subject to VAT
itBit Trust Company is chartered
under New York Banking Law by
the New York State Department
of Financial Services (NYDFS)
New York: The NY BitLicense
became effective in August
Securities and Exchange
Commission (SEC): Some
mining contracts are securities
Bank Secrecy Act (BSA)
audits: FinCEN is serious
about anti-money laundering
enforcement
Commodity Futures Trade
Commission (CFTC):
Bitcoins are commodities
Source: CoinDesk

Published in: Economy & Finance, Internet
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