Questions tagged [financial-regulations]
15 questions
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2 answers
Does the U.S. Securities and Exchange Commission govern Bitcoin?
Do SEC regulations apply to:
Exchange of Bitcoin for US dollars
Investing in companies with Bitcoin
An exchange that sells shares of company stock for Bitcoin
Bitcoin futures contracts
B Seven
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Does an exchange of only virtual currencies fall under FinCEN regulations?
If a business only exchanges between say bitcoin, litecoin and namecoin. No fiat currencies. Does it still fall under finCEN's regulations?
Sunjen
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3
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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 example, have other states commented in public on…
ADO
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3
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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 working with them? I am interested in creating a…
Leo
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3
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1 answer
Are Ripple IOUs e-Money under European law?
It has been confirmed by multiple sources that Bitcoin is not electronic money according to EU Directive 2009/110/EC, mainly because it does not represent "a claim on the issuer" and does not have a "face value". Ripple IOUs however do seem to fit…
Noah
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Might AML regulations have to be applied to unofficial currencies sites in EU?
Is there any AML regulation in EU countries which might have to be applied to unofficial currencies, such as Bitcoins?
I guess usually they only apply to state-backed currencies, but since Bitcoins can be easily exchanged for EUR, there might be…
o0'.
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How do exchanges like ShapeShift, Changelly or Evercoin cope with KYC/AML regulation?
They don't require any information about their users. Most of the exchanges require user identification: so even though exchanges like ShapeShift might have corporate account on the large exchanges like Bittrex, Poloniex, Binance, shouldn't they…
Kirill Vasin
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2
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2 answers
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 specified early exchange (say, Bittrex).
When it's…
Alex Velickiy
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1 answer
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 happened) when it started, it didn't require any id\bank…
Mark Thompson
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Is it legal to trade bitcoins on coinbase/mtgox in the US?
I am just wondering whether it is legal to trade bitcoins in the US just like we do for stocks? I see similar legal questions about selling OTC, but I am more interested in buying and selling in well known exchanges like coinbase/mtgox etc. Can I…
ghalways
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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 hard?
AGamePlayer
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Exit Strategy: How to communicate / configure my fiat bank when selling large amounts of crypto in a short period of time
Anyone can readily see by my previous questions that I have virtually no idea what I'm doing. Be that as it may, it seems very realistic that I may become a bitcoin (multi?)millionaire within the next 12-36 months. I am rapidly headed in that…
toddmo
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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 companies get this license so easily vs everyone…
Patoshi パトシ
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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 a money transmitter in the US or NYC? And how is…
Patoshi パトシ
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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 overseas exchange. What can governments do about it if…
user781486
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