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Where US Regulators Stand on Cryptocurrency
The U. S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U. S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. дальше »
2019-10-17 16:15 | |
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Where US Regulators Stand on Crypto Assets
The U. S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U. S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. дальше »
2019-10-16 16:15 | |
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Facebook’s Libra ‘cryptocurrency’ is turning into a soap opera — and it’s gonna be a long season
Facebook’s controversial ‘cryptocurrency’ project is turning into a bit of a soap opera, starring the tech giant and regulators as the main characters. Just yesterday, Germany’s finance minister Olaf Scholz said the departure of several high-profile partners from the project was a good sign, but unsurprisingly the Libra Association had a different take altogether. дальше »
2019-10-16 12:48 | |
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An overview of Facebook’s ‘cryptocurrency’ supporters — who’s in and who’s out
Facebook sent the world into a frenzy when it announced its intention to enter the payments space with the launch of its controversial ‘cryptocurrency‘ Libra earlier this year. Initially, Facebook said it had garnered support from 28 companies, including some of the world’s top financial and technology giants. дальше »
2019-10-15 19:46 | |
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G7 Report Labels Stablecoins as Significant Risk
The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More. дальше »
2019-10-14 19:00 | |
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U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency
Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA), reports EconoTimes on October 14,Read MoreRead More. дальше »
2019-10-14 17:00 | |
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Chris Dixon of a16z Crypto: Denominating Libra in USD Could Ease its Integration
Facebook’s Libra cryptocurrency has been a hot topic within the FinTech community and regulators from the world’s powerful economies. Recently, the project suffered setbacks after major partners like PayPal, Visa and Mastercard considered opting out of the Libra Association. дальше »
2019-10-12 18:37 | |
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EU Financial Services Chief Hints at Broad Cryptoasset Regulation
During a parliamentary confirmation hearing, the European Commissioner for Financial Stability and Financial Services, Valdis Dombrovskis, said that the E. U. is planning to regulate cryptoassets following the unanticipated wake-up call from Libra. дальше »
2019-10-10 15:00 | |
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Telegram’s Gram token receives support from Libra Association founding member
Social media websites like Facebook and Telegram, once known for connecting people, have recently shown a keen interest in the cryptocurrency market, both announcing their individual cryptocurrencies. дальше »
2019-10-8 15:00 | |
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Facebook Vs. Telegram: A Decisive Battlefield of Opposite Approaches to Cryptocurrency
Two formidable messaging rivals meet yet again, but this time in a new arena. Facebook and Telegram are taking antithetical strategies when it comes to digital currencies. Facebook is consulting with regulators and holding their hands as they walk them through the process, and Telegram planned it’s entire move in secrecy before a sudden launch. дальше »
2019-10-7 19:00 | |
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This Former US Bitcoin Investigator is Now a Major Crypto Investor
No matter how much Steven Mnuchin or top regulators criticize Bitcoin, crypto is not associated with criminals and amateur speculators anymore. Katie Haun, general partner at venture capital firm Andreessen Horowitz is another good example to prove this stance. дальше »
2019-10-7 15:30 | |
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FCA Cryptocurrency Scam Probes Up 74% in 12 Months
UK regulators are increasingly shinning the spotlight on cryptocurrency businesses to root out bad actors. Combating Cryptocurrency Scams According to The Telegraph, the Financial Conduct Authority has initiated 87 investigations into cryptocurrency businesses over the last 12 months. дальше »
2019-10-7 14:30 | |
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Facebook faces EU grilling over Libra ‘cryptocurrency’ after losing PayPal backing
As Facebook deals with the loss of PayPal‘s backing for its ‘cryptocurrency‘ Libra, the tech giant must now get ready to answer EU regulators’ questions about the potential risks posed by the project. дальше »
2019-10-7 12:07 | |
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Bitcoin use for illicit activities is only 2%, while 21% transactions are lawful and 77% are unclassified
Cryptocurrency adoption around the globe has been on the rise as regulators and governments realized that it cannot be banned completely. However, one of the major roadblocks toward widespread adoption has been the views of a few naysayers who have often claimed that the nature and technology behind cryptocurrencies made it easier for money laundering […] The post Bitcoin use for illicit activities is only 2%, while 21% transactions are lawful and 77% are unclassified appeared first on AMBCrypto. дальше »
2019-10-6 18:00 | |
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Regulatory Backlash Against The Libra Association May See Founding Member PayPal Exit
Not only is Facebook’s cryptocurrency Libra is facing a backlash from regulators, but there is also news that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition. дальше »
2019-10-4 16:01 | |
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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra
Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators. дальше »
2019-10-4 11:10 | |
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Apple’s Tim Cook Says the Company Has No Plans to Launch a Cryptocurrency
Coinspeaker Apple’s Tim Cook Says the Company Has No Plans to Launch a CryptocurrencyApple's Tim Cook has snubbed-off any plans to launch any cryptocurrency. He said that currency matters best belong to government and regulators and private organizations should stay away from it. дальше »
2019-10-4 10:44 | |
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Visa And Mastercard Start To Get Cold Feet Over Facebook’s Libra
Visa, Mastercard, and other early Libra Association members are having second thoughts about their involvement with Facebook’s ‘cryptocurrency’. The change of heart follows widespread international regulatory concerns, according to a report in the Wall Street Journal. дальше »
2019-10-2 12:22 | |
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3 things the leaked Zuckerberg tapes taught us about Facebook’s Libra ‘cryptocurrency’
Since it was announced earlier this year, Facebook‘s “cryptocurrency” Libra has been dragged over the coals many times. And now it seems staff at the Big F are also apprehensive about its launch. дальше »
2019-10-1 16:42 | |
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Regulators Must Have Died and Made Crypto Exchanges King
The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. дальше »
2019-10-1 21:00 | |
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Bittrex, Coinbase and Kraken Set up Crypto Rating Council
The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U. S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token. дальше »
2019-9-30 20:30 | |
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Exchanges form Crypto Rating Council, but pre-emptively admit its ratings mean nothing
A set of cryptocurrency firms have banded together to create a “Crypto Rating Council” to help classify digital assets — but it unlikely to mean much. Founded by prominent exchanges like Coinbase, Bittrex, and Kraken, the group aims to rate digital assets from 1 to 5. дальше »
2019-9-30 19:14 | |
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Coinbase, Kraken, Poloniex, and Bittrex Devise Security Token Rating Framework
Major cryptocurrency exchanges have come together to formulate a rating model for cryptocurrencies to justify the listing of a cryptoasset to American regulators, as reported by Wall Street Journal, September 30, 2019. дальше »
2019-9-30 16:09 | |
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Facebook needs to delay Libra’s launch — if it really wants to work with regulators
Facebook, the American tech behemoth known for its “move fast and break things” motto, the mishandling of customer data, and interference in democracy, may not launch its ‘cryptocurrency’ Libra in time after all. дальше »
2019-9-26 15:10 | |
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Coinbase Brings Stellar Lumens (XLM) to New York State Customers
The New York regulators are by far one of the most scrutinizing regulators for the cryptocurrency space. Coinbase has announced that customers residing in New York can now purchase XLM, along with BTC, ETH, and other assets already available in the state, September 26, 2019. дальше »
2019-9-26 15:00 | |
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Bitwise Report: Bitcoin’s ‘real price’ deviation on a descent since April
Deviation is on a descent. Since peaking at over $13,800, Bitcoin has been caught in a downward spiral. The pennant which surfaced in June has been dragging the price of the top cryptocurrency down to the four figure mark, but an unlikely statistic should buoy the market, at least in the regulators’ eyes. дальше »
2019-9-24 18:00 | |
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FCA Warns Public About Clone Firm Offering Crypto Investment
British financial regulators have warned the public about another cryptocurrency investment clone firm
дальше »2019-9-22 21:51 | |
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Bitcoin ATM Count Grows by 500% in Three Years
The Bitcoin ATM scene continues to see impressive growth figures pointing to increasing demand and profitability of the business. Bitcoin mapping platform “bitrawr” says there has been a six-fold increase in the total global crypto ATM count since September 2019. дальше »
2019-9-21 21:00 | |
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Ripple Labs wants the US to forget it’s being sued for selling Ripple (XRP) illegally
Ripple Labs, the company behind the Ripple (XRP) cryptocurrency, has formally requested a US federal court dismiss a class action lawsuit that alleges it illegally sold unregistered securities, Fortune reports. дальше »
2019-9-20 15:09 | |
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Facebook Was Wooing Regulators Before Controversial Libra Reveal
Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. дальше »
2019-9-20 14:09 | |
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Facebook Met U.K. Regulators Months Before Libra Announcement
Facebook has endured several setbacks in launching Libra as governments are finding it difficult to allow it to run without robust AML practices. Reuters revealed that Facebook has multiple meetings with the finance ministry and various regulators in the U. дальше »
2019-9-19 13:00 | |
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Libra Execs To Face Global Financial Regulators Today To Be Questioned About Facebook’s Crypto Risk
Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry. дальше »
2019-9-16 16:07 | |
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France To Block Libra But FINMA Eager For Regulation
Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project. дальше »
2019-9-12 14:30 | |
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Thailand: BX Bitcoin Exchange Shutdown Attributed to Stringent Regulations
More updates have emerged regarding the closure of one of Thailand’s largest Bitcoin exchanges, reports the Bangkok Post. Sources say the move was due to the platform not being keen on complying with some of the more stringent anti-money laundering (AML) provisions set forth by regulators. дальше »
2019-9-6 13:00 | |
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Cryptocurrency Projects Are Upping Their Privacy Game
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. дальше »
2019-9-4 22:30 | |
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Telegram’s Gram is ready to send, can the messaging-app deliver?
Telegram’s cryptocurrency Gram is ready for launch in late October. However, following the regulatory pushback against Facebook’s Libra, is Telegram prepared to buck regulators and press send? дальше »
2019-9-5 21:54 | |
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Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. дальше »
2019-9-4 18:00 | |
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Andreessen Horowitz Stands up for Pro-Cryptocurrency Regulations
Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by the Wall Street Journal, SeptemberRead MoreRead More. дальше »
2019-9-2 17:00 | |
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Binance Believes it can Manage Regulatory Issues Better than Libra
After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019. дальше »
2019-8-31 15:00 | |
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Switzerland Central Bank Discusses Libra Cryptocurrency with Regulators
Switzerland National Bank’s (SNB) Vice Chairman, Fritz Zurbruegg has revealed that the apex bank is currently holding serious talks with relevant authorities across the globe concerning Facebook’s global cryptocurrency project, Libra, according to a Reuters report on August 27, 2019. дальше »
2019-8-28 19:00 | |
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Telegram October Crypto Launch Pits It Against Binance… And Regulators
Telegram has announced it will launch its own cryptocurrency as soon as October, sources have said, in a direct move against Facebook Libra. Sources: Gram Cryptocurrency To Appear By October 31 Speaking to the New York Times on August 27, three anonymous investors said that Telegram had confirmed the issuance of its Gram tokens would soon start. дальше »
2019-8-28 19:00 | |
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Swiss Regulators Award First Banking Licenses to Blockchain Banks
FINMA, Switzerland’s financial regulatory body, recently awarded its first banking and securities dealers’ licenses to two Swiss blockchain banks, according to a report by Finews on August 26, 2019. The license comes after the regulatory body released a guideline regarding cryptocurrency and blockchain in the country. дальше »
2019-8-28 12:15 | |
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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators
Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy. дальше »
2019-8-27 14:31 | |
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After Visiting Switzerland, US Regulators Remain Worried About Facebook’s Libra
Coinspeaker After Visiting Switzerland, US Regulators Remain Worried About Facebook’s LibraFollowing a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. дальше »
2019-8-26 11:09 | |
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CNBC Analyst Slams Facebook Libra, Champions Bitcoin
Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. дальше »
2019-8-24 22:00 | |
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EU Regulators Target Libra. Is Facebook's Crypto Project Worth the Effort?
By CCN Markets: Weeks after various jurisdictions around the world expressed concerns over Facebook’s Libra project, it is now the turn of EU authorities to push back against the social media giant’s plans. дальше »
2019-8-23 01:30 | |
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