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Weekly Report: Digital Yuan concerns resurface as EU considers more strict crypto regulation
Here are the most exciting headlines from the cryptocurrency sector that you might have… The post Weekly Report: Digital Yuan concerns resurface as EU considers more strict crypto regulation appeared first on Coin Journal. дальше »
2021-7-23 15:15 | |
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Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking
Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat? All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc. дальше »
2021-7-20 01:39 | |
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Bitcoin Hash Rate Share Records a Shift after 70% of China’s Mining Capacity Goes Offline
Despite China’s latest strict measures, there hasn't been another surge in the amount of BTC sent by miners to the crypto exchanges for selling ever since peaking last month. Still, BTC held on Binance has climbed to new highs over the last month. дальше »
2021-6-23 16:07 | |
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50 Korean crypto firms apply for new licenses as strict regulation looms
Fifty crypto businesses based in South Korea have applied for a license under the new Information Security Management System (ISMS), a government-backed certification that certifies companies that meet stringent standards of data protection and privacy. дальше »
2021-6-17 19:00 | |
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Here’s How Hoard Is Trying to Revolutionize NFT Industry
Non-fungible tokens (NFTs) are becoming a staple in the post-pandemic world, and people need markets to safely trade and buy these precious items. One of the most popular sectors in the “new normal” type of the world – gaming – is a multibillionaire one, and the publishers make strict rules on what users can do. Read More дальше »
2021-6-13 15:28 | |
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U.S. SEC Commissioner Hester Peirce Speaks Out Against Stringent Cryptocurrency Regulations
Hester Peirce, a Commissioner of the United States Securities and Exchange Commission, also known as “Crypto Mom”, has said that any attempt by the U. S. regulators to impose strict regulatory policies on the crypto industry could stifle innovation in the country. дальше »
2021-6-10 05:00 | |
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Senior SEC Commissioner Warns Against Strict Crypto Rules
Commissioner Hester Peirce says self-regulation can be effective in fostering investor protection SEC Chair… The post Senior SEC Commissioner Warns Against Strict Crypto Rules appeared first on Coin Journal. дальше »
2021-6-9 15:28 | |
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There’s A Massive Bitcoin Adoption Trend About To Thump The Philippines
As the Bitcoin adoption rate surges across the globe, many parts of the Asian continent remain committed to grabbing a piece of the Bitcoin pie before the industry gets saturated. While the Chinese and Japanese governments have been adopting strict cryptocurrency policies that have forced leading firms to migrate, the Philippines is opening its arms […] дальше »
2021-6-8 00:04 | |
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Crypto to Crypto Transactions are Taxable in Australia – Strict Reminder from ATO
The taxation of cryptocurrencies is a contentious issue at the moment. Regulators worldwide have taken a serious interest, particularly because certain investors are generating enormous profits from the crypto market, some of which are not recorded on tax returns. дальше »
2021-5-29 23:00 | |
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Trillion-Dollar Tech Giant Apple Could Be About To Storm The Crypto Space In Grand Style
Apple has posted a job opening for a business development manager to head its “alternative payments” partnership program who is also versed in cryptocurrency and blockchain tech. The company has maintained a strict payment system over the years and crypto has never been an acceptable form of payment in its App Store. However, the listing […] дальше »
2021-5-27 20:22 | |
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Korea’s crypto market is among the strongest — and the strangest — in the world
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy. дальше »
2021-5-26 22:00 | |
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Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges
The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. дальше »
2021-5-22 18:30 | |
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SEC to Step Up Regulations in the Cryptocurrency Space
The Securities and Exchange Commission (SEC) will be impartial and strict in enforcing crypto… The post SEC to Step Up Regulations in the Cryptocurrency Space appeared first on Coin Journal. дальше »
2021-5-21 13:39 | |
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Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS. дальше »
2021-5-19 04:30 | |
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New regulations forces OKEx South Korea to close operations
Cryptocurrency exchange OKEx has announced it will be shutting down its South Korea operations amidst the implementation of strict anti-money laundering regulations in the country. OKEx says it’s not willing to comply with the new law Apart from the regulatory concerns, OKEx says the company took the winding down decision because the actual profit from […] The post New regulations forces OKEx South Korea to close operations appeared first on Invezz. дальше »
2021-3-25 12:58 | |
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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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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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Korean Banks are Unsure About Cryptocurrency Partnerships
Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders – Shinhan, NongHyup, and K bank – have formed partnerships with major crypto exchanges. дальше »
2021-3-14 22:00 | |
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Why Bitcoin mining firms based in Inner Mongolia are on the move
Crypto mining firms based in Inner Mongolia have decided to shut shop amid strict regulations. A draft proposal that seeks to “shut down" all crypto mining initiatives expects mining firms to ceaseThe post Why Bitcoin mining firms based in Inner Mongolia are on the move appeared first on AMBCrypto. дальше »
2021-3-6 00:30 | |
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Thailand SEC clarifies draft proposing strict requirements for crypto investors
Securities and Exchange Commission of Thailand rolled back a regulatory draft that set certain requirements for investors to participate in the crypto economy. As previously intended, Thailand’s SECThe post Thailand SEC clarifies draft proposing strict requirements for crypto investors appeared first on AMBCrypto. дальше »
2021-3-2 18:30 | |
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A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people can now purchase diem with U.S. dollars and three different […] дальше »
2021-1-29 05:00 | |
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Bitonic Exchange Sues Dutch Central Bank Over Controversial Crypto Wallet Verification Law
De Nederlandsche Bank, DNB, came up with a policy in November 2019 requiring crypto exchanges to ensure that their clients adhere to strict Know Your Customer procedures. The new policy comprises verification procedures for withdrawal wallets that Bitonic is terming as an unnecessary and unwarranted nuisance. дальше »
2021-1-28 21:55 | |
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Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation. дальше »
2021-1-21 18:01 | |
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New York approves USD and JPY-backed stablecoins
The State of New York is well-known in the crypto world for being extremely strict about cryptocurrencies and crypto businesses alike. It has its own Bitlicense that businesses have to own to be allowed to operate within the state in the first place. дальше »
2020-12-30 12:57 | |
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With RocketBit You’ll Take Your Crypto to the Next Level!
The key thing you need to know about RocketBit is that it is a fast-growing platform for online cryptocurrency exchange with modest fees, strict security standards, a convenient interface, and a fast-paced service that allows you to purchase cryptocurrency in a most convenient way and to keep and manage it in your Bitcoin Wallet. дальше »
2020-12-18 20:34 | |
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US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
Four U. S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed at self-hosted crypto wallets. дальше »
2020-12-13 22:30 | |
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Crypto Providers in France Ordered to Enforce Strict KYC and AML Rules
Bruno Le Maire–the French Minister of Finance, in a press release on Dec 9, is ordering all cryptocurrency providers to enforce strict Know Your Customer (KYC) and Anti-Money Laundering (AML) rules to combat terrorist financing. дальше »
2020-12-11 00:00 | |
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French Ministry of Finance Targets Strict KYC Rules For Crypto Transactions; No More Anonymity
France is strengthening its fight against anonymity in crypto transactions, Bruno Le Maire, French Minister of Finance and Economics. In a full statement sent to the Council of Ministers by Bruno Le Maire, Oliver Dussopt and Sebastien Lecornu propose stringent Know-Your-Customer (KYC) laws to govern crypto transactions. дальше »
2020-12-11 22:07 | |
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‘We’re Very Focused on Not Killing’ Bitcoin – Acting OCC Chief Brooks
Brooks’s comments come amid speculation of strict crypto-related regulations pertaining particularly to self-hosted wallets. “Nobody’s Going to Ban Bitcoin” In an interview with CNBC on Dec. дальше »
2020-12-5 17:24 | |
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Trump Admin Planning Crypto Wallet Regulations, Warns Coinbase CEO
Coinbase CEO Brian Armstrong has raised an alarm concerning speculation about the US government proposing strict crypto wallet regulations. Friction occasioned by more broad-based know your customer (KYC) compliance has seen industry stakeholders accusing government agencies of encroaching on individual privacy rights. дальше »
2020-11-26 18:00 | |
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OKEx announces the resumption of withdrawal services on its platform
Crypto trading platform OKEx has revealed that it will resume withdrawal services on or before November 27. The exchange unveiled this news via an official announcement on November 19, noting that before resuming withdrawals, its team will conduct strict security checks to allow normal operations in its hot wallet system. дальше »
2020-11-20 17:29 | |
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Poloniex Lists SENSO As Sensorium Galaxy’s Partnership Spree With World-Class Artists Accelerates
With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space. дальше »
2020-11-18 18:30 | |
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MoAfrika – Africa’s Biggest Online Tour Operator now Accepts Bitcoin
PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. дальше »
2020-10-31 12:00 | |
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Coinbase Custody investigates new coins for potential listing
Coinbase Custody has revealed plans to add support for more digital assets over the coming months. As a trusted and innovative service, Coinbase Custody will be strict about the requirements that crypto assets need to meet in order to be supported. дальше »
2020-10-17 09:14 | |
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Netherlands Central Bank (DNB) Approves First Crypto Exchange Under New AMLD5 Regulations
The AMLD5 regulations approved by the EU are considered to be quite strict, which cast many doubts over the future of digital asset firms operating in the region. However, Nederlandsche Bank NV (DNB), the Netherlands' central bank, has approved AMDAX BV as the first digital asset firm to operate under its jurisdiction. дальше »
2020-10-10 23:40 | |
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Huobi launches trading app in Russia, despite strict crypto regulations
Huobi has released its native crypto trading, mobile app for the Russian market according to a release shared with AMBCrypto today. With this move, users in Russia can now access Huobi’s mobile tradThe post Huobi launches trading app in Russia, despite strict crypto regulations appeared first on AMBCrypto. дальше »
2020-9-24 21:32 | |
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Coinbase CEO Calls Out Apple For Biased Apple Store Cryptocurrency Restrictions
Coinbase CEO Brian Armstrong has spoken out about Apple’s strict policy against cryptocurrency and DeFi applications on its App Store. Apple is currently under hot criticism from the gaming industry following the delisting of its most popular gaming app Fortnite. дальше »
2020-9-13 22:26 | |
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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E. U. , has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. дальше »
2020-9-12 09:30 | |
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IDEX Undergoes Smart Contract Audit Instead of Riding the “Test in Prod” Narrative
IDEX, a decentralized exchange, will use crypto firm Quantstamp to audit its smart contracts. It comes at a time when most DeFi projects are launching without strict audits. A DeFi alternative to CEXs In a release, IDEX said the launch of its upgrade, the IDEX 2. дальше »
2020-8-28 15:07 | |
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UK Crypto Businesses Set to Come Under FCA Financial Crime Reporting Requirement
Crypto businesses in the UK are set to come under even greater scrutiny based on new plans by regulators in the country. The Financial Conduct Authority (FCA) continues to mandate strict compliance with financial laws for all cryptocurrency activities in the UK. дальше »
2020-8-26 23:00 | |
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New code of practice to improve Singaporean crypto firms
ACCESS code of practice to ensure crypto service providers abide by strict regulations to... The post New code of practice to improve Singaporean crypto firms appeared first on Coin Journal. дальше »
2020-8-17 11:47 | |
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BitMEX announces that users have six months to finish KYC
The crypto industry is starting to see some progress in regards to regulations, or at the very least, it is trying to self-regulate in order to avoid potential problems. As always, the goal is to find a compromise between serving its users the way they want to be served, and satisfying the authorities that demand strict rules to ensure users’ security. дальше »
2020-8-16 14:16 | |
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Bitcoin-Hating Federal Reserve Official Is Suggesting More Inflation Ahead
Neel Kaskari, a cryptocurrency critic and President of the Federal Reserve Bank of Minneapolis, called for another strict lockdown in the United States last week while speaking favorably about supporting inflation, he wrote in a New York Times op-ed. дальше »
2020-8-10 13:07 | |
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New York may Finally Ease up on Crypto Regulations
New York has always been a tough region for cryptocurrency firms. Strict and somewhat unnecessary regulation have made this a region to avoid. After many years of complaints, that situation may finally come to change. дальше »
2020-6-26 01:00 | |
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First Mover: Crypto Broker Voyager’s Stock Has Doubled This Year, Beating Bitcoin
Voyager Digital, a publicly traded cryptocurrency brokerage, has doubled its share price this year, beating bitcoin while braving the scrutiny that comes with strict disclosure rules. дальше »
2020-6-10 15:00 | |
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