Global CryptoReg Roundup #006

---

The Global CryptoReg Roundup is a weekly digest of crypto-focused political, regulatory, and legal news from across the globe.

No frills or needless exposition. Just the facts (ma'am)....

---

---

---

Japan

---

• In wake of January hack, Coincheck drops trading of Monero, DASH, and ZCash.

---

South Korea

---

• Three exchanges raided by prosecutors for allegedly stealing funds from customer accounts.

• FSC expected to formally legalize ICOs.

---

Thailand

---

• Revenue Department sends proposal for 10% capital gains tax on crypto earnings to cabinet for for approval.

• SEC expected to be empowered to regulate crypto within a month.

---

India

---

• HDFC Bank bans crypto trading.

• Former finance chief: don’t bother regulating crypto; it should be “banned.”

---

Russia

---

• Draft law addressing crypto & ICO regulations introduced in State Duma, would define crypto as digital financial assets, allowing trading only via authorized exchanges..

---

Israel

---

• Securities regulator publishes guidelines declaring most cryptocurrencies are considered securities.

---

---

Egypt

---

• Report: malware for Monero mining linked to Egyptian government.

---

---

---

Ukraine

---

• Economic Minister orders that crypto mining be included as state-recognized economy activity, paving the way for legalization..

• Court to consider awarding bitcoin damages to plaintiff for “moral damages”.

---

Luxembourg

---

• Financial regulator CSSF issues warning against crytpo and ICOs.

---

France

---

• French regulators release “blacklist” of 15 crypto sites purportedly skirting French/EU law.

---

---

Bermuda

---

• ICO-friendly draft legislation to be introduced in Parliament, with hopes to attract crypto business.

---

United States

---

• Gemini founder Winkelvoss brothers propose a self-regulating “Virtual Commodity Association”; the proposal receives support from a CFTC commissioner.

• SEC examining crypto-focused investment funds, while officials confirm dozens of crypto-related probes are underway.

• New York legislature takes up bill to ease the regulatory burden on crypto-related businesses.

• 2018 Joint Congressional Economic Report features cryptocurrencies, offers mix of of positive outlook and concerns.

• Arizona legislature considering “Node Rights” bill offering protections to node operators.

---

---

---

• Leaders from Japan pushing G20 officials to introduce crypto regulation on money laundering.

• IMF Head: utilize blockchain technology to regulate cryptocurrencies.

• Google bans crypto advertising; lawsuit challenging the ban is filed in Russia..

• G20 watchdog FSB announces it will not create new rules for crypto regulation, instead will conduct review of existing rules.

• Report: Twitter to ban crypto ads in two weeks.

---

---

---

• U.S. FTC halts activities of four men for promoting a alleged deceptive crypto referral schemes.

• Phillipines SEC warns against scams Onecash and PBB150..

---

---

---

• Accounts of Zimbabwe exchange Golix breached.

• Fraudsters impersonating the Australian Tax Office have scammed $50,000 out of taxpayers.

• BitTorrent client MediaGet hacked, infecting 400,000 PCs with crypto-mining malware.

• Malicious Monero cryptominer hidden within photo of Scarlett Johnsson by hackers.

---

---

---

• Binance sets aside $10 million in reserves to combat hackers.

• Giftcoin startup to tackle transparency in charitable giving by harnessing blockchain tech.

---

---

Thoughts, comments, and corrections are always appreciated. Cheers!

---

---

|| @bubbleboy ||

---

Protect your crypto assets with a Ledger Nano S or Trezor

---

---

_{Animated Banner Created By @zord189}