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UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets. дальше »
2024-3-26 15:59 | |
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American Banks Encouraged To Partner with Cryptocurrency Firms
A recent report from the ABA (American Bankers Association) suggests that banks partner with cryptocurrency firms due to the growing client interest and profit in the sector. This 20-pages report provides a detailed analysis of the crypto, including a glossary. дальше »
2021-8-5 19:52 | |
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American Bankers Association Report Suggests Banks Partner With Crypto Firms
A new report from the American Bankers’ Association (ABA) recommends banks partner with crypto firms. The report cites both an increase in profitability of the crypto space and rising client interest as reasons. дальше »
2021-8-4 17:05 | |
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US banks urged to include Bitcoin, crypto in their plans for this crucial reason
In a new report titled “Understanding Crypto: What banks need to know,” the American Bankers Association (ABA) has urged banks across the country to partner with crypto firms. The need for banks to partner with crypto firms, according to the report, is due to the increased profitability of the sector and rising client interest. дальше »
2021-8-3 14:07 | |
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Do not list crypto-related firms – Russian Central Bank tells local exchanges
The Bank of Russia has released a report which specifically asked local exchanges to reject crypto exchanges that want to get listed. The report is coming as many cryptocurrency exchanges are increasingly considering going public. дальше »
2021-7-23 15:51 | |
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US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals
A new report shows that U. S. regulators have imposed fines and penalties totaling $2. 5 billion on crypto firms and individuals so far. The U. S. Securities and Exchange Commission (SEC) has imposed the most fines, followed by the Commodity Futures Trading Commission (CFTC). дальше »
2021-6-25 05:30 | |
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Crypto Firms Have Paid U.S Regulators $2.5B in Fines So Far: Elliptic Report
Regulators in the US have handed out fines totaling $2. 5 billion in enforcement actions against various crypto projects since Bitcoin's birth in 2009. This is according to a new report from Elliptic titled Sanctions Compliance in Cryptocurrencies. дальше »
2021-6-22 18:04 | |
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El Salvadorian government discusses paying salaries in Bitcoin (BTC)
Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »
2021-6-16 14:33 | |
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Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. дальше »
2021-5-24 07:00 | |
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Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges
Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »
2021-5-22 19:42 | |
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Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators
According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are now) in the final stages of review.” However, just […] дальше »
2021-5-21 11:30 | |
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Market Experts View Cryptocurrencies As Major Risk, Fed Survey Reveals
The latest version of the US Federal Reserve's Financial Stability Report has highlighted cryptocurrency as one of the threats to financial stability. The survey polled responses from market experts, including investors and academics, political advisers, and brokerage firms. дальше »
2021-5-8 18:55 | |
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More Russians are disclosing their cryptocurrency incomes: Report
Consulting firms, such as PwC Russia, said that Russians have been increasingly reporting their income from cryptocurrency operations. дальше »
2021-4-8 12:54 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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U.S. CBDC Program Draws Flak From Wall Street
Wall Street firms are not thrilled about the US’ rumored upcoming CBDC, a Bloomberg report has revealed. Financial institutions and fintech firms are concerned regarding the implications a central bank-issued token could have on their bottom line. дальше »
2021-3-23 16:54 | |
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South Korean Regulators Want Crypto Businesses to Report Transaction Info or Face Jail Time
Establishing this law is part of the new wave of regulation in South Korea to operate crypto businesses transparently. Existing firms will have six months to comply with the rules or face strict penalties. дальше »
2021-3-19 00:07 | |
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Hawaiian House Democrats ask the state regulator to ease rules on crypto
Hawaiian House Democrats are requesting the Department of Commerce and Consumer Affairs, to consider easing stern rules against crypto businesses. A report unveiled this news on March 17, noting that 10 democrats sponsored a bill that seeks to amend the harsh laws against crypto firms that have been in place for almost five years. дальше »
2021-3-19 23:59 | |
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Report all crypto transactions or face 5-year jail term in South Korea
Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties. дальше »
2021-3-17 11:58 | |
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Billionaire Jack Ma Led Ant Group Ranks First Globally In Blockchain Patents
A new report shows that Ant Group, owned by Chinese tech billionaire Jack Ma, filed for the highest number of blockchain-based patents last year. According to the research report, Chinese-based firms dominate the list of the number of blockchain patent filings. дальше »
2021-3-15 20:00 | |
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South African Crypto Businesses Decry Lack of Amenable Regulations
Bitcoin-linked businesses in South Africa are criticizing the government for its slow approach towards implementing clear and amenable regulation for the industry. The firms are threatening to orchestrate a mass exodus if things remain the same, according to a Bloomberg report on March 9, 2021. дальше »
2021-3-10 01:00 | |
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SBI holds talks with top financial firms to start a crypto joint venture
SBI Holdings Inc. , a leading Japanese conglomerate, is mulling over entering into a cryptocurrency joint venture with multiple financial companies across the globe. A report unveiled this news on February 15, noting that the organisation has already started holding talks with several foreign financial firms. дальше »
2021-2-16 21:47 | |
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Nation-States to Adopt Bitcoin & Digital Currencies says Grayscale in its ‘Hallmark’ Year Report
The world’s largest asset manager also expects “major financial firms to consider integrating with decentralized protocols” in 2021. Last year inflows were over four times of inflows Grayscale saw during 2013-2019. дальше »
2021-1-15 16:35 | |
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Goldman Sachs: Bitcoin’s Rising Popularity Not an ‘Existential Threat’ to Gold’s Last Resort Status
Amidst the wild bull rally of 2020, several mainstream firms have commented on Bitcoin’s ability to outdo gold in the long term. In its recent report, JPMorgan also said that if Bitcoin continues to see the institutional adoption it is seeing, which has just “begun,” gold can “suffer” over the coming years. дальше »
2020-12-20 20:43 | |
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Japan: Life Insurance Giant Uses Blockchain Technology for Stockholder Voting
Blockchain technology is now being used for stockholder voting. Japanese Firms Tap Blockchain for Stockholder Voting According to a report by Ledger Insights, one of the top three Japanese life insurers, Meiji Yasuda Life, is mulling using distributed ledger technology (DLT) for shareholder meetings from July 2021. дальше »
2020-12-2 14:13 | |
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Japan: Major Private Banks and Firms Set to Test Digital Yen in 2021
Japan is finally moving ahead with its digital yen experiment. Japan Inc. Marches Ahead with Digital Yen Experiment According to a Reuters report published on November 19, over 30 major Japanese companies are set to kick-off experiments next year toward issuing a common, private digital currency to give way to digitization in the country. дальше »
2020-11-21 11:00 | |
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Hex Trust joins hands with SIA to roll out a crypto custody platform
SIA, a multinational payments firm based in Italy, has teamed up with Hex Trust, a crypto custodian, to help its European banking clients hold digital currencies. A report unveiled this news on October 22, noting that this collaboration will see the firms launch a blockchain-based platform for financial institutions. дальше »
2020-10-23 19:57 | |
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Grayscale Records Bumper Q3 With Over $1 Billion Crypto Investments Brought In — So Why Is Bitcoin Stuck In A Rut?
While most firms have been struggling as a result of the pandemic, for Grayscale, Q3 was the best quarter they have ever had. In its quarterly financial report released yesterday, the firm announced that it had attracted more than $1 billion in fresh investment during the third quarter of 2020 across all the cryptocurrency products […] дальше »
2020-10-16 01:23 | |
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Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is
Is Busan a "blockchain city" in name only?
дальше »2020-9-19 11:04 | |
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Fintech firms will adopt blockchain this decade | Australia
An Australian Government report claims blockchain technology will be key to all Fintech &... The post Fintech firms will adopt blockchain this decade | Australia appeared first on Coin Journal. дальше »
2020-9-4 14:08 | |
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UK’s financial regulator expands AML regulations to all cryptocurrency firms
According to the consultation paper published by the UK’s financial regulator, cryptocurrency firms need to submit an annual report on their problem dealing method. The consultation paper reveals the plan to broaden the annual crime reporting requirements that involves cryptocurrency exchanges and other custodian wallet service providers. дальше »
2020-8-31 01:49 | |
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Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). дальше »
2020-8-28 10:00 | |
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FCA to ask crypto firms to report on money laundering
The UK’s Financial Conduct Authority, in a new proposal, has outlined a policy that... The post FCA to ask crypto firms to report on money laundering appeared first on Coin Journal. дальше »
2020-8-26 15:07 | |
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As Decentralized Finance Continues to Evolve, Big Four Audit Firms Will Play a Major Role in DeFi Ecosystem; dGen Report
Big four audit firms are set to be a significant part of the Decentralized Finance (DeFi) ecosystem according to the latest blockchain industry report by German-based non-profit, dGen. The DeFi space, which has seen tremendous capital gains in TVL, will grow even more prominent in the coming decade as per dGen insights on its report. […] дальше »
2020-7-17 20:14 | |
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ING Bank Launches ‘Travel Rule Protocol’ to Ease FATF Compliance for Crypto Businesses
In a report released earlier on Tuesday, ING launched the TRP joining forces with Standard Chartered, Fidelity Digital Assets, and several crypto-native firms, including BitGo, Crypto Broker AG, Metaco, 21 Analytics and OSL/BC Group. дальше »
2020-6-25 00:05 | |
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Blockchain Firms Flocked to Hong Kong in 2019: Report
Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019. дальше »
2020-6-3 19:37 | |
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Blockchain Bites: Iran and Russia Revisit Crypto Regulations, Bitcoin Pizza Day 10 Years Later
Ten years ago today someone spent 10,000 bitcoin on about $30 worth of pizza. Today, nations are redrafting crypto regulation and crypto firms report millions in revenues. дальше »
2020-5-23 19:00 | |
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UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million ($875 million) a year earlier. дальше »
2020-5-3 04:28 | |
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Wyoming: Insurers Will Soon Be Able to Invest in Crypto Assets
Wyoming authorities have amended the state’s insurance code to make it possible for insurance firms to invest in Bitcoin (BTC) and other digital currencies. The new regulation will go live on July 1, 2020, according to a Mondaq report on April 13, 2020. дальше »
2020-4-15 17:00 | |
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Uber and Airbnb Want the Govt to Bail Out Their Contractors
Uber and Airbnb are two dominant firms in the sharing economy. Like most businesses, they have witnessed a slump in operations since the COVID-19 pandemic broke out earlier this year. However, as a recent report explained, these two firms are now lobbying members of U. дальше »
2020-3-28 10:15 | |
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Canada Tightens Crypto Regulations Alongside AML/CTF Overhaul
Canadian firms processing crypto transactions worth more than 1,000 Canadian dollars will have to record and report identifying information regarding their customers
дальше »2020-3-19 14:56 | |
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