Join Our Mailing List
Saturday June 10, 2023
Bitcoin (BTC) $25,840.92   Ethereum (ETH) $1,752.30
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Regulation

Axon Partners and ForkLog release 2016 global cryptocurrency regulation report

Published by CryptoNinjas.net
10/23/2017
Axon Partners and ForkLog release 2016 global cryptocurrency regulation report

Law firm Axon Partners in partnership with cryptocurrency consulting company ForkLog Consulting have published an English-language version of their detailed report on regulation of cryptocurrency and cryptocurrency-related businesses in Australia, the United Kingdom, Hong Kong, the European Union, Canada, China, South America, Russia, the United States, Ukraine, and Japan in 2016.

The Russian version of the paper was published in February 2017. It was the first report on global regulation of Blockchain businesses to be published in Russian.

“Throughout the history, when people felt the need to use money, they used all kinds of different, materials including shells, domestic animals, corn, and tobacco. Ancient Spartans used iron money that looked like a bunch of sticks. It wasn’t easy to use these sticks, and they were meant to discourage Spartans from theft, corruption or even accumulating wealth. Another example is Russian Alaska, where walrus hide was used for notes (nobody knows, why). Throughout the ages, mankind has been trying to take a new look at the form and the role of money. Our generation’s task is to finally turn conventional currencies into digital money,” says Dima Gadomski, partner at Axon Partners and co-author of the research.

The authors noted that, while some statements in the document are no longer valid, the research gives insight into the tendencies of cryptocurrency/blockchain-related businesses regulation in 2014 to 2016. It was one of the research’s prime objectives.

“The report analyzes jurisdictions that are most popular with cryptocurrency businesses in terms of regulation. The document’s goal is to paint the most comprehensive picture of regulation, taxation, and possible liability for cryptocurrency-related activities,” says Vlad Likhuta, the supervisor for the research, associate at Axon Partners, and the head of marketing at ForkLog Consulting.

CEO and founder of ForkLog Consulting Toly Kaplan commented:

“Due to their historical background, most countries cannot truly embrace innovation and technological progress. In this context, this summary may be considered as a kind of chronicle of regulatory entropy. And, most importantly, the situation with cryptocurrencies correlates with unsystematic attempts to regulate numerous other innovative phenomena”.

The companies have already prepared another research on cryptocurrency regulation in such jurisdictions as Switzerland, Singapore, Estonia, the U.K., and the U.S.

“The previous research did not cover regulation in countries like Singapore and Switzerland as we expected their authorities to react and enforce some regulation. Those jurisdictions were for a tidbit. Thanks to that, the new report, in my opinion, proved to be quite interesting,” says Ivan Grekov, market researcher at ForkLog Consulting and the supervisor for the new research.

The second research will be covered by ForkLog, the biggest Russian-language media outlet on cryptocurrencies and blockchain technologies as a part of the companies’ joint project. A final document in Russian and English will be prepared at the conclusion of the project.

16
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

No Content Available
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
A Beginner’s Guide To Forex Demo Account

A Beginner’s Guide To Forex Demo Account

06/07/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy