2018-7-4 23:30 |
Hong Kong has grown skeptical about crypto and ICOs, prefers becoming an international blockchain hub
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US senators Ron Wyden and Cynthia Lummis sent a letter to the DOJ questioning if services like Samourai Wallet meet the definition of money transmitters under current laws and guidance. The post Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash appeared first on Crypto Briefing.
House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May.
The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges. The watchdog made the proposal in its latest consultation report for Nigeria.
Cryptocurrency exchange Kraken refuted the SEC's claims it listed securities, arguing the regulator lacks evidence and is misusing terms to expand authority. The post Kraken refutes SEC’s claim that it offered ‘investment concepts’ appeared first on Crypto Briefing.
Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its laws with international standards set by the Asia/Pacific Group on Money Laundering (APG).
Quick Take The Federal Reserve and other central banks worldwide are approaching the end of a rate-hiking cycle, raising concerns about a potential recession. Historical data from Rosenberg Research, shared by QE infinity, reveals a concerning trend: out of the past 14 rate-hiking cycles since 1950, the United States has experienced a recession 11 times.
The US House passes bipartisan resolution H.J.Res.
The post House passes resolution overturning SEC rule on crypto and digital asset custody appeared first on Crypto Briefing.