The Distributed Ledger Technology Community

The Republic of San Marino, a tiny microstate entirely surrounded by Italy, unveiled ambitious plans to become one of the world’s leading blockchain hubs.

Written by Mark Knowles

France will call on the European Union to adopt a regulatory framework for cryptoassets “inspired by the French experience”.

Emilien Bernard-Alzias, a partner at law firm Simmons & Simmons in Paris pointed out that the French parliament and particularly its so-called “crypto-deputies” have wanted to make life easier for crypto-entrepreneurs for some time.

He told CoinDesk:

Lawmakers are making a fresh attempt to give cryptocurrencies a clearer legal standing in the U.S.

U.S. Representative Warren Davidson reintroduced the Token Taxonomy Act on Tuesday, saying in a statement that the bill, if approved by Congress and signed into law, would “send a powerful message” to innovators that “the U.S. is the best destination for blockchain technology.”

The U.S. Securities and Exchange Commission (SEC) has issued a “no-action” letter to TurnKey Jet, Inc., agreeing that tokens used by the business-travel startup are not securities. The regulatory stamp of approval is contingent upon the company using its tokens under certain conditions.

Forbes highlights on the current and future implications of cryptocurrency for the legal industry, with blockchain technology giving us the means to cut out the middlemen in peer-to-peer transactions.

KFGO reports on China´s state planner wanting to ban bitcoin mining. China is the world´s largest market for computer hardware designed to mine bitcoin and other cryptocurrencies, even though such previously fell under a regulatory grey area.

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