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Ripple Execs Urge U.S. Authorities to Focus on Regulatory Clarity for Cryptocurrency

Ripple CEO, Brad Garlinghouse, and Executive Chairman and Co-founder of Ripple, Chris Larsen, expressed concerns regarding regulatory ambiguity in the United States. In an open letter to the U. S. Congress on July 28, 2019, both top executives stated that lack of clear cryptocurrency regulations is bound to stifle crypto business in the U. дальше »

2019-7-29 17:59


Difference of Libra and Crypto Noted In Congress as Bitcoin Gets Clear Distinction from Facebook’s Coin

Deliberations in Congress about Facebook’s Libra have shown that Congress may have a grasp of crypto and what it entails. During the hearing where Facebook was represented by its executive David Marcus, legislators made it a point to differentiate between cryptocurrency projects that are currently in existence and the project Facebook proposes to launch. One […] дальше »

2019-7-23 18:37


Ripple CEO Calls Facebook’s Entry Into Crypto “Brazen,” Calls Out For A Level Playing Field

Ripple CEO Brad Garlinghouse has made his stance on Facebook’s cryptocurrency project Libra very clear, follow the rules. On July 17, Garlinghouse tweeted that the social media giant's “goal to create a new fiat currency” should be held to the same standard as any other regulated financial institutions. дальше »

2019-7-19 19:30


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President Donald Trump Shuns Bitcoin and Facebook’s Libra Project

The President of the United States, Donald Trump has made it clear that he is not a fan of bitcoin (BTC), Libra, and other cryptocurrencies. He added that firm’s like Facebook looking to issue digital assets must obtain a banking charter and come under the purview of financial regulators in the country, reports The GuardianRead MoreRead More. дальше »

2019-7-12 14:13


Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour?

With the smoke from the Libra unveiling now firmly wiped clear, Facebook’s tryst into the cryptocurrency world is now in full view for the world to see. While some are still choking on its fumes, deeming the once referred to as ‘GlobalCoin’ as a tech-focused centralized attempt at payments, others are calling it a breath […] The post Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour? appeared first on AMBCrypto. дальше »

2019-6-29 13:30


‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. дальше »

2019-6-12 20:00


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FinCEN Issues Clear Guidance to Money Services Businesses (MSBs)

To serve as a reminder to persons who have the Bank Secrecy Act (BSA) obligations, the U. S. Financial Crimes Enforcement Network (FinCEN) on May 9, 2019, issued interpretive guidance. The guidance focuses on how FinCEN money services businesses (MSBs) regulations apply to certain ventures that deal with money transmission whose value is not denominated inRead MoreRead More. дальше »

2019-5-13 20:00