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Albania’s Parliament Approves ‘Comprehensive’ Crypto Bill into Law, Joining France and Malta
The bill was first introduced to Albania's Committee of Economy back in 2019 in a bid to create legislation around crypto activities. Dubbed the ‘law on Financial Markets Based on the Technology of Distributed Ledgers', it was approved yesterday with a majority of 88 votes against 16 with only 3 in absentia. The New Albania […] дальше »
2020-5-23 18:54 | |
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Wyoming: New Blockchain Committee to Focus on Digital Identity and Property Rights Solutions
According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology. дальше »
2020-5-19 23:00 | |
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People’s Bank of China Pledges to “Accelerate” Blockchain Development, Boost Local Industry
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. дальше »
2020-5-15 19:00 | |
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China Forms National Blockchain Committee with Huawei, Tencent, Ant Financial
China is bringing together its tech giants to create a national blockchain committee with the primary goal of setting standards for the adoption of blockchain in the country. The national committee will include a few big names in China’s tech sector including Huawei Technologies, Tencent Holdings, Baidu, Ant Financial Services, and JD. дальше »
2020-4-18 16:10 | |
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Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. дальше »
2020-4-5 09:45 | |
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‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does. дальше »
2020-3-25 17:15 | |
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US House Financial Services Committee To Hold Digital Currency Hearing Next Month
Chairwoman Maxine Waters just released the March schedule for the US House Financial Services Committee with one interesting addition on March 24th. The Subcommittee on National Security, International Development, and Monetary Policy will meet to discuss digital currencies in a hearing called “A Review of Domestic and International Approaches to Digital Currencies.” It will start […] дальше »
2020-2-28 21:40 | |
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Mnuchin Tells Congress Tougher Laws Will Be Introduced On Cryptocurrency Payments Soon
During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance. дальше »
2020-2-13 21:39 | |
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Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U. дальше »
2020-2-13 16:50 | |
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Fed Chairman Comes out in Favor of Private Cryptocurrency Transactions
In a reversal of previous policy, Fed Chairman Jerome Powell has come out in favor of anonymous cryptocurrencies in his recent comments to the House of Representatives Committee on Financial Services. дальше »
2020-2-12 22:58 | |
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Nazis are Using Bitcoin, US Gov’t Officials Warn
According to the US House Financial Services Committee, the nature of Bitcoin and other cryptocurrencies allows Nazis and domestic terrorists to fund their activities. US officials voice concerns over Bitcoin terrorist financing This Wednesday, a US House Financial Services Committee held a hearing during which its members addressed the topic of cryptocurrencies. дальше »
2020-1-17 03:00 | |
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South Korean Authorities Formulate Legislation to Boost Mainstream Bitcoin Adoption
South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. дальше »
2020-1-8 18:00 | |
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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News. дальше »
2020-1-8 10:30 | |
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South Korean PCFIR: Bitcoin Should Be Listed on KRX Exchange And Gov Should Allow BTC Derivatives
A presidential committee formed to advise the government in regards to the fourth industrial revolution is recommending that the South Korean government should let financial institutions to offer crypto-based products, CoinDesk reports. дальше »
2020-1-6 19:14 | |
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South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance
Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body. дальше »
2020-1-6 16:37 | |
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Mnuchin Has No Problem With Libra Crypto Launch; Agrees With Powell, No Need For A Digital Dollar
Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […] дальше »
2019-12-6 17:59 | |
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Lawmakers Considering to Classify Stablecoins as Securities
Stablecoins may became a security, if lawmakers’ efforts are successful. Garcia and Gooden presented their bill to the House Financial Services Committee at the end of November, and spoke at a committee hearing on the topic of big data in the financial industry. дальше »
2019-12-2 02:14 | |
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Russia: De Facto Crypto Ban Will Be Hard to Achieve, Official Says
Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market. дальше »
2019-11-30 16:30 | |
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South Korean Committee Passes Bill Enforcing FATF Crypto Rules
South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force. дальше »
2019-11-27 09:20 | |
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China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […] дальше »
2019-11-22 09:00 | |
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Risk Management Framework for Global Banks to Apply for Crypto
The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk of their lending portfolio andRead MoreRead More. дальше »
2019-11-1 12:00 | |
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Interest Rates Cut by Federal Reserve, Though A Pause Is Coming
Just as expected, the Federal Reserve approved a quarter-point interest rate cut today, which is the third cut that the authority has performed this year. The financial market was anticipating this vote, according to reports from CNBC, during which time the Federal Open Market Committee lowered the benchmark funds rate to 1.5% to 1.75%, which […] дальше »
2019-10-31 02:44 | |
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China, BitMEX and Bakkt push Bitcoin past $10,000
“Bitcoin to the moon,” might not be so far after all. In a week that was marred by Mark Zuckerberg sitting pale-faced before the House Financial Services Committee, Bitcoin, better late than never, swooped in and stole the spotlight. дальше »
2019-10-26 16:00 | |
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Zuckerberg reminds Congress that Libra has not forgotten the US Dollar
Finally, after four months of Facebook unveiling its payments move to disrupt the world economy as we know it, CEO Mark Zuckerberg stepped into the ring. Libra was the centre of attention in Washington D. дальше »
2019-10-24 16:30 | |
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Congress grills Zuckerberg on everything from Libra to hate speech on Facebook
Mark Zuckerberg, the founder and CEO of Facebook, has testified before the U. S. House Financial Services Committee, where Congress members have raised their concerns about the company’s past and future dealings. дальше »
2019-10-24 07:09 | |
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Facebook will walk away from Libra if it doesn’t meet U.S. regulators’ standards
Facebook’s intention to launch its cryptocurrency project, Libra, has raised serious concerns about Mark Zuckerberg’s plans to establish a global digital currency that would challenge the U. дальше »
2019-10-24 20:15 | |
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Approve Or I’m Outta Here: Even Zuckerberg Is Sick Of US Legislators’ Crypto Reticence
It was perhaps the last thing anyone expected of today’s testimony: Mark Zuckerberg telling the House Financial Services Committee that if they don’t approve his Libra crypto project and get with the times, Facebook will simply pull out. дальше »
2019-10-23 19:59 | |
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Why did Facebook change stance on cryptocurrency ads? Congresswoman Waters questions Mark Zuckerberg
Facebook CEO Mark Zuckerberg testified before the House Financial Services Committee, supporting the Libra initiative and reasoning out previous allegations in relation to breaking the users’ trust. дальше »
2019-10-23 18:38 | |
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US Rep And Crypto Supporter Warren Davidson, Condemns SEC Practices, Voices Concerns About Libra
The Libra Fiasco, as one may call it, is something that’s been going on for a while now. Luckily, there is a potential reprieve coming after Mark Zuckerberg stands before the House Financial Services Committee on the 23rd of October. дальше »
2019-10-23 16:37 | |
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Mark Zuckerberg to Testify Before House Committee; Here’s What You Should Know
There is less than a day for Mark Zuckerberg to formally provide testimony in front of the Congressional financial services committee. Facebook’s head honcho is preparing himself to vehemently defend Libra, but also to admit to Facebook’s past mistakes, according to the New York Times, October 22, 2019. дальше »
2019-10-23 15:46 | |
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Facebook Won’t Participate in Libra Launch unless Congress Gives Greenlight, Says Zuckerberg
Coinspeaker Facebook Won’t Participate in Libra Launch unless Congress Gives Greenlight, Says ZuckerbergMark Zuckerberg is to address the House Financial Services Committee today on the issue of its Libra concerns. дальше »
2019-10-23 12:37 | |
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New Crypto Bill Sent to Congress Looks to Classify Stablecoins as Securities
Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a bill that may cause several issues for the crypto market. According to this new bill, cryptocurrencies pegged to fiat currencies, commonly known as stablecoins, would be considered securities. дальше »
2019-10-23 00:12 | |
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Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin
CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or […] The post Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin appeared first on CCN.com дальше »
2019-10-22 20:54 | |
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Mark Zuckerberg to Testify Before Congressional Committee on October 23
Facebook chief, Mark Zuckerberg, will testify in front of Maxine Waters led House Committee for Financial Services on in two weeks. After David Marcus sat through two days of difficult questions, the committee insisted on Zuckerberg coming down himself, and he has obliged. дальше »
2019-10-10 19:00 | |
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Libra’s Future in Question as Mark Zuckerberg is Set to Testify Before the U.S. Congress
Coinspeaker Libra’s Future in Question as Mark Zuckerberg is Set to Testify Before the U. S. CongressFacebook CEO Mark Zuckerberg is set to testify before the Financial Services Committee of the United States Congress later this month. дальше »
2019-10-10 11:26 | |
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Bank Of England Spells Out UK’s Requirements for the Libra Coin Launch
United Kingdom’s central bank, Bank of England, has announced a raft of rules that Facebook’s Libra crypto must adhere to if it wishes to launch in UK. In its October Financial Policy and Summary released by the bank’s Financial Policy Committee, BoE stated that it discussed innovative explorations within the financial and payment sector. As […] дальше »
2019-10-10 23:09 | |
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Facebook’s Mark Zuckerberg to Face Congress and Discuss Libra Project Concerns on October 23
Facebook’s CEO, Mark Zuckerberg is set to testify in US Congress over the Libra project. CoinDesk reports that Zuckerberg will face the Congressional Financial Services Committee on Oct. 23 to shed light on Facebook’s impact on the financial services as well as housing sectors. дальше »
2019-10-10 22:31 | |
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Facebook CEO Mark Zuckerberg to Testify Before U.S. Congress over Libra
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, announced that Facebook Chairman and CEO Mark Zuckerberg will testify before the Committee at an October 23 hearing entitled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors”. дальше »
2019-10-10 19:07 | |
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Central bank says Libra must operate like a bank if it’s to launch in UK
The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »
2019-10-9 15:12 | |
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Congress Leveraging Meeting With Facebook COO to Get Zuckerberg to Talk Libra
Mark Zuckerberg is being asked to testify on Libra instead of project head David Marcus or anyone else related to the project, and they’re using a meeting with Facebook’s COO to leverage it. дальше »
2019-10-7 08:18 | |
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US House Committee Wants Zuckerberg’s Feet to Touch the Flame, Testify About Libra Coin
The regulatory scrutiny over Libra in the United States continues. Now, the House Financial Services Committee of the country has recently invited more people who work on Facebook to testify. The latest two executives that were invited were Facebook’s COO Sheryl Sandberg and CEO Mark Zuckerberg, who will need to attend before January 2020. Sandberg […] дальше »
2019-10-4 20:27 | |
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U.S. Congress Wants to Grill Zuckerberg Again Before January 2020
The U. S. House of Representatives wants Facebook CEO Mark Zuckerberg to appear in its Financial Services Committee to discuss the Libra cryptocurrency project before January 2020. House Committee Presses for Zuckerberg’s Testimony As previously reported by Bitcoinist, Facebook’s chief operating officer Sheryl Sandberg is set to meet with the U. дальше »
2019-10-4 15:00 | |
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US House Committee Demands Zuckerberg Testify About Libra Before January
The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January
дальше »2019-10-4 12:45 | |
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