2023-5-26 23:00 |
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report.
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Government Controlled Bank, State Bank of India (SBI) Chairman, Rajnish Kumar, Calls For Regulation of Cryptocurrencies in the Country. Speaking in an interview, Kumar highlighted the need to set up regulations on the cryptocurrency industry instead of the blanket ban currently enforced in the country. As the chairman to one of the largest banks in […]
2019-10-24 19:34 | |
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One of the world’s largest banks, the government-controlled State Bank of India, does not mind the heavy regulation of crypto in the country. This is according to the bank’s chairman Rajnish Kumar.
2019-10-24 11:54 | |
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Denis Beau, the deputy governor of the French central bank, also known as Banque de France, has called out for a more global approach to regulation for crypto assets. According to him, there is a need for more consistency in deciding how to regulate the crypto world. Because of this, the only way to properly […]
2019-10-17 00:53 | |
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Heavy protests by bank customers have led the Reserve Bank of India to modify its restrictions placed on a cooperative bank with 137 branches across India. The central bank had, among others, limited customer withdrawals to 1,000 rupees (approximately $14) per account for six months.
2019-9-27 05:52 | |
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Talk around the regulation of Facebook’s Libra stable coin is intensifies as the potentially mega disruptive digital asset aims to launch in 2020. Earlier in August, the Governor of the Bank of England, Mark Carney, proposed the development of digital currencies as a suitable replacement of the US Dollar. The adoption of digital assets provides […]
2019-9-26 18:36 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial.
2019-9-24 14:27 | |
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Facebook’s planned Libra stablecoin could have a “huge impact on society,” says the governor of the Bank of Japan
2019-9-24 12:02 | |
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The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.
2019-9-24 11:15 | |
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So far there has been little indication that US regulators will change their harsh stance towards bitcoin and the crypto industry. Blinkered by false notions, they continue with their anti-crypto rhetoric making America one of the most highly regulated countries for crypto startups.
2019-9-20 14:00 | |
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An economist at the Bank for International Settlements has come out in favor of building regulation into blockchain-based financial markets.
2019-9-17 13:40 | |
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The central bank of the Netherlands promises to tighten regulation rules for companies working in the crypto industry right after 2020 arrives
2019-9-3 13:38 | |
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The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
2019-8-30 20:35 | |
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German based WEG Bank has received its cryptocurrency trading and custody license from Estonia. The bank – which has courted a number of cryptocurrency projects – becomes the latest financial institution to have a regulated crypto trading desk.
2019-8-26 19:49 | |
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A former executive with the Japanese bank believes that globally coordinated regulation of Libra could eradicate complications with the current financial system. Facebook has stated that the launch of Libra may not ultimately happen.
2019-8-3 20:52 | |
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India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets.
2019-7-27 13:13 | |
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Now that the U. S. Congress and Senate have finished their hearings with Facebook, U. S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation on the Table Again It appears that the aftermath of the US Congress and Senate Banking Committee’ hearings on Facebook’s Libra coin could present a new set of regulatory problems for cryptocurrency as a whole.
2019-7-19 00:00 | |
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CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceIt was announced today that on July 5th, Bitt Digital Inc. became the first company to complete and exit the Regulatory Sandbox guided by the Central Bank of Barbados and the Financial Services Commission.
2019-7-16 23:37 | |
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The debate on allowing cryptocurrency to be used within Japan has been interesting, to say the least. While the nation has been capitalizing on the benefits that blockchain technology can offer, cryptocurrency has been a vastly different story.
2019-7-6 22:59 | |
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Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
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Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
2019-7-3 16:12 | |
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France will set up a task force for the G7 nations to investigate ‘stablecoin’ projects such as Facebook’s Libra cryptocurrency. France’s Central Bank Isn’t Entirely On-Board With Stablecoins France’s Central Bank Governor, Francois Villeroy de Galhau, made the announcement, while addressing finance industry officials.
2019-6-21 22:00 | |
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Mark Carney, the governor of the Bank of England. , recently told the Financial Times that he is open-minded regarding the Libra token from Facebook. He, however, warned that mass adoption of the new token would subject it to serve regulation by relevant financial oversight authorities.
2019-6-20 17:29 | |
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Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.
2019-6-19 10:30 | |
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Leaders of top crypto ventures including Circle, Coinbase, bitFlyer, Kraken, and Huobi will convene in Osaka, Japan, later this month to interact with policymakers and central bank executives of the countries of the G20 forum.
2019-6-18 13:00 | |
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Coinspeaker G20 Welcoming Efforts of Global Regulatory Bodies on Crypto RegulationFollowing June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks.
2019-6-10 13:26 | |
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Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member countries with the regulation of crypto assets in their own […] The post G20 Starts Crypto Discussions – A Look at Global Standards appeared first on Bitcoin News.
2019-6-9 04:05 | |
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India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies.
2019-6-6 11:10 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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iSTOX is Capital market security token platform, and it has recently been added to to the financial technology sandbox for regulations. A sandbox refers to a testing environment that promotes trial and error along with experimentation.
2019-5-24 20:18 | |
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An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains.
2019-5-24 07:45 | |
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An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains.
2019-5-25 07:45 | |
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The Central Bank of Russia has recently emitted a report affirming that the draft bill on crypto regulation is currently being prepared and that it will be adopted until the Spring of this year. Russia is a major cryptocurrency market but it still struggles with the lack of proper regulation, so this is a major […]
2019-5-23 01:23 | |
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Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
2019-5-22 17:05 | |
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“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit.
2019-5-22 12:00 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
2019-5-3 17:40 | |
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Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation.
2019-4-29 12:22 | |
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India’s crypto dilemma does not seem to end as the delays in finalizing regulations were followed by a delay in the judgment over various impending cases in the Supreme court related to crypto use. After the 29th of March hearing was postponed regarding the finalization of crypto regulation by the finance ministry, the crypto community […]
2019-4-28 20:30 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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Japan is preparing to share its experience regarding cryptocurrency regulation with finance ministers and central bank governors from other G20 countries at the upcoming summit which it will host in June.
2019-4-23 10:05 | |
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According to the Dawn, a local media outlet, Pakistan’s central bank has announced plans to have a digital currency by 2025. Digital Version of the Pakistani Rupee Speaking about the regulation of Electronic Money Institutions, non-bank entities that will be allowed to issue “e-money” for digital payments, Pakistan’s State Bank Deputy Governor Jameel Ahmad told the audience that digital currency is more efficient.
2019-4-3 04:00 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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India’s supreme court has postponed hearing the crypto case at the request of the government’s counsel. The court was expecting to hear about the country’s cryptocurrency regulation today before proceeding to address the banking ban by the central bank.
2019-3-29 10:50 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban appeared first on Bitcoin News.
2019-3-25 13:45 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation appeared first on Bitcoin News.
2019-3-25 13:45 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways crypto enthusiasts in India can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular […] The post How to Help Influence Crypto Regulation in India appeared first on Bitcoin News.
2019-3-26 13:45 | |
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Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.
2019-3-23 17:29 | |
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Комиссия по ценным бумагам и биржам Кипра (CySEC) продлила FTX Europe запрет на проведений рекламных акций и любых форм оказания услуг до 30 сентября 2024 года.
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms.
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry.
Ten percent of shareholder claims have been settled so far. They will be able to assess the company's condition at a Sept. 11–12 meeting.
According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of that model do exist.
Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems.