Regulatory overreach a problem for cryptos like Bitcoin?

2020-11-20 21:00

There has been a lot of discussion around regulation in the crypto space, and perhaps more so now than ever before. This has also led to countries around the world beginning to better understand and rThe post Regulatory overreach a problem for cryptos like Bitcoin? appeared first on AMBCrypto.

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Фото:

Why Ripple Is Considering Relocating To London, According To CEO Brad Garlinghouse (Hint: It Involves XRP)

Ripple, with Brad Garlinghouse at its helm, is currently based in San Francisco. The fintech company provides cross-border payments technology to payment providers and banks around the world.  However, the hazy regulatory atmosphere around its XRP cryptocurrency in the United States could prompt the firm to relocate to London, United Kingdom. Garlinghouse has revealed this […]

2020-10-24 04:26


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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties 

Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020.

2020-8-14 23:07


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Bitcoin ATMs Hit 7,500 Across the Globe Amid Covid-19 Pandemic 

The Bitcoin (BTC) ATM industry has seen a 70% boom since 2019, with the total number of Bitcoin ATMs installed in various regions around the globe now standing at a massive 7,500. Despite the current regulatory bottlenecks surrounding the cryptocurrency, the United States still dominates the industry, with 5,422 functional Bitcoin ATMs, reports Decrypt onRead MoreRead More.

2020-4-22 19:00


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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.

2020-1-23 07:55


Bitcoin is more traceable than fiat currency, claims MIT-IBM funded report

Bitcoin’s immutable transparency and anonymity, while enabling a gateway for uncensored transactions, allows analysts to identify unique trends within the ecosystem. Given the ongoing war between crypto-adoption and regulatory requirements, blockchain analysis company Elliptic published an MIT-IBM Watson AI Lab-funded paper to detect various anomalies around illegal Bitcoin transactions.

2019-9-13 03:53


Dutch Central Bank cites crypto’s vulnerability to financial crimes; orders its supervision of the industry

As concerns around money laundering and terrorism financing grow, crypto-regulations have started to gain momentum. These concerns have now reared their head in The Netherlands. Due to cryptocurrencies not being fully regulated in the country, crypto-managing companies were not previously required to report to regulatory bodies.

2019-9-3 14:22


Binance Venus, a stablecoin that will compete with Facebook’s Libra

Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate.

2019-8-20 19:49


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Data Privacy Regulators Request More Information on Libra Cryptocurrency

Data protection regulatory agencies from around the world have joined the growing list of those who wish to examine and investigate Facebook’s cryptocurrency project. According to a joint press release on August 6, 2019, the information provided by Facebook isn’t transparent enough and request that the company provide robust information regarding data privacy protection.

2019-8-7 11:45


Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks

It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto.

2019-6-24 09:55


SEC’s Hester Peirce Urges the Crypto Community to Guide Them: “Come In and Hold our Hands”

Since the introduction of digital currency around the globe, its acceptance and use among the crypto community has continued to grow on a much wider scale with each passing day. However though there have been recent hiccups most specifically with the Securities and Exchange Commission (SEC) which is an independent regulatory agency of the United […]

2019-6-5 19:45