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Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April
Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. дальше »
2019-3-24 11:50 | |
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Wells Fargo CEO ‘Earns’ Major Raise as Bank Racks up Billions in Fines
The day after his Tuesday appearance on Capitol Hill to answer questions from the House Financial Services Committee, banking empire Wells Fargo disclosed it would be giving the company’s CEO, Tim Sloan, a 5 percent raise for 2018. дальше »
2019-3-14 20:41 | |
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Ocasio-Cortez Blasts Wells Fargo for Lending, Embarrasses Herself in Grilling
At a House Financial Services Committee hearing on Tuesday, Congress freshman Alexandria Ocasio-Cortez (AOC) once again managed to turn herself into the center of attention by focusing on the ludicrous by castigating Wells Fargo for doing its primary job of lending. дальше »
2019-3-13 18:34 | |
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Congress Pushes $450K Rewards To Curb Crypto Crime
The US House of Representatives passed the Financial Technology Protection Act last week. Its part of a bundle of legislation aimed at "outsmarting" terrorists and criminals who use crypto.
дальше »2019-2-6 03:31 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Kuwait Financial House Launched an Instant Cross-border Remittance Service Using Ripple’s Blockchain Technology
Kuwait Financial House announced in a tweet last week that the company started operating an instant cross-border remittance service through Ripple’s blockchain. The service was made available to beneficiaries at the Saudi Al Rajhi Bank in Saudi Riyal (SAR) with no remittance fees. дальше »
2019-1-21 17:59 | |
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Ripple’s CEO words coming true: First banks are starting to use xRapid and XRP for international transfers
In the last days of December a news broke out about Kuwait national bank planning to use Ripple’s xRapid (a solution that uses XRP token for payments) for international transfers. Only couple of hours ago, another Kuwait financial institution is doing the same. дальше »
2019-1-7 04:31 | |
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Gateway Partners CEO: “We are for Biscuits, Not Bitcoins”
The CEO of successful investment house Galaxy Partners has stated that he sees Bitcoin and other cryptocurrency as a highly risky investment. It is for these reasons that Viswanathan Shankar will not be allocating any of his fund to the emerging technological and financial innovation. дальше »
2019-1-2 21:30 | |
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Staying Safe Online While Trading Cryptocurrencies on Your Smartphone
These days, you can do everything with your smartphone. You can watch movies, turn the lights on in your house, or even set a timer on your coffee pot. Naturally, you can also trade cryptocurrency. дальше »
2018-12-29 22:27 | |
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Russian Parliament Postpones Adoption of Digital Assets Bill
The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. дальше »
2018-12-20 21:00 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Fintage House Partners with TaTaTu to Accept Crypto Coins for Rights Transactions
Fintage house which has been established as a TV and film rights plus also a financial firm has just partnered with TaTaTu. The TaTaTu company is a social entertainment platform that has been able to leverage on the blockchain technology. дальше »
2018-11-14 22:03 | |
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Fintage House Partners with TaTaTu and Accepts Cryptocurrency for Rights Transactions
Fintage House, a film and TV Rights, and financial services firm has recently partnered with TaTaTu, a social entertainment platform that leverages blockchain technology. According to Variety’s article published on November 12, 2018, the partnership with TaTaTu allows Fintage House to accept TaTaTu’s token (TTU) for television and film rights transactions. дальше »
2018-11-14 08:00 | |
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Are security tokens the new standard? What is the difference between security vs. utility tokens
Cryptocurrencies have been under the hawkish eye of tax authorities all around the world for quite some time. Just recently, the spotlight became even brighter when US Congress and Securities and Exchange Commission held hearings with various financial and crypto experts. дальше »
2018-11-12 02:25 | |
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New Report Reveals Bitfinex’s and Other Crypto Exchanges’ Banking Partners
The Block has published a new report detailing where some of the world’s largest cryptocurrency firms house their holdings. The report specifically notes interesting trends happening with cryptocurrency exchange Bitfinex, whose financial practices have been the subject of controversy this year. дальше »
2018-10-26 20:54 | |
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‘XRP Moving Towards Decentralization, while BTC seems to be doing the Opposite’: Reports
A recent tweet by nation’s leading provider of trusted ratings of Stocks, Mutual Funds, Cryptocurrencies, ETFs, & Financial Institutions, Weiss Rating confirms the rumored talks between Ripple meeting with Trump’s administration. дальше »
2018-10-18 18:01 | |
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Former Goldman Sachs President Working With Blockchain Startup
Goldman Sachs has been on both the positive and the negative sides of the cryptocurrency industry. Despite having slammed the idea of digital assets, the financial services company is looking into launching a trading desk. дальше »
2018-10-15 19:49 | |
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Former Trump adviser comes out of hiding to help blockchain superstart-up
The former White House economic adviser, Gary Cohn, has just started a new career in blockchain. Announced in a press release on Friday, the ex-Goldman Sachs president is to advise fintech startup Spring Labs, who build blockchain-focused solutions for securing and sharing consumer credit data. дальше »
2018-10-12 18:19 | |
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House Of Representatives Passes Financial Technology Protection Act
The recently passed bill would create a task force to monitor and develop tools that combat terrorist use of cryptocurrency.
дальше »2018-9-29 20:10 | |
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Crypto Task Force Bill Passes House of Representatives, Moves to Senate
A bill that seeks to create a task force to combat the use of cryptocurrency in financing terrorism has just passed the House of Representatives. House Resolution 5036 (H. дальше »
2018-9-28 01:12 | |
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House of Representatives Passes Bill To Expand FinCEN’s Duties
A bill enabling the Financial Crimes Enforcement Network to investigate cryptocurrencies is now headed to the Senate.
дальше »2018-9-15 00:07 | |
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Congressional Hearing Finds Cryptocurrency “Poor Form of Money” For Terrorists
Cryptocurrency–In a bid for the growing acceptance and education of cryptocurrency, a U. S. Congress Subcommittee on Terrorism has recently exonerated the form of digital money in relation to its use by those who would seek to do the country harm. дальше »
2018-9-11 03:06 | |
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Terrorists Prefer Cash to Crypto, According to Congressional Testimony
In prepared testimony given before the U. S. House of Representatives Financial Services Committee, Yaya Fanusie, director of analysis for the Foundation for Defense of Democracies, explained how though terrorists have tried to raise funds through cryptocurrencies, instances are rare to non-existent. дальше »
2018-9-10 03:55 | |
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Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress
Terrorist groups such as Al-Qaeda, the Islamic State and others have unsuccessfully tried to raise money through cryptocurrencies such as Bitcoin, a former CIA analyst told Congress on Friday per Forbes. дальше »
2018-9-10 00:30 | |
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Terrorists Turn Away From Crypto, Criminal Money Argument No Longer Relevant
Foreign terrorist groups such as Isis and al-Qaeda have failed at repeatedly trying to raise money to fund their criminal operations using crypto, according to a testimony made today at a House Financial Services Committee hearing. дальше »
2018-9-8 13:29 | |
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U.S. Congresswoman Reveals Cryptocurrency Investment in Financial Disclosure Report
Another member of the United States Congress has revealed ownership/investment stakes in cryptocurrency. This time around, it is Rep. Tulsi Gabbard (D-HI), a three-term member of the U. S. дальше »
2018-8-23 17:45 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System
U. S. -based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. дальше »
2018-8-18 00:52 | |
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Required Reading In China: The Big Book Of Blockchain?
China’s leaders are brushing up on blockchain technology. The People’s Daily Publishing House, which produces primers and educational materials on Marxism-Leninism and related political subjects, has recently announced a textbook “…to help cadres at all levels understand the blockchain. дальше »
2018-8-14 00:36 | |
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Bitcoin [BTC] and Ethereum [ETH] reach the US Congress, proponents expect positive
On 7th August, it was revealed that Bitcoin and Ethereum have reached the shores of the United States Congress with Bob Goodlatte, chair of the House Judiciary Committee revealing his crypto holdings. дальше »
2018-8-9 10:30 | |
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U.S. Congressman Owns Up To $80,000 In Cryptocurrency
Head of the House Judiciary Committee Rep. Bob Goodlatte (R-Va. ) has declared that he owns up to $80,000 in cryptocurrency. Goodlatte’s portfolio, according to his annual financial disclosure, showed that he owned Bitcoin primarily. дальше »
2018-8-9 01:49 | |
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First U.S. Congress Member Reveals Owning Bitcoin, Ethereum
Congressman Bob Goodlatte, Chairman of the Judiciary Committee in the US House of Representatives, recently disclosed his personal cryptocurrency holdings. The revelation comes amidst rule changes mandating disclosure for members of the House. дальше »
2018-8-8 11:00 | |
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U.S. Congressman Owns Up To $80,000 In Cryptocurrency
Head of the House Judiciary Committee Rep. Bob Goodlatte (R-Va. ) has declared that he owns up to $80,000 in cryptocurrency. Goodlatte’s portfolio, according to his annual financial disclosure, showed that he owned Bitcoin primarily. дальше »
2018-8-8 08:09 | |
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Washington D.C and Members of Congress Are Becoming more Accepting of the Cryptocurrency Industry
Cryptocurrency tokens like Bitcoin, Bitcoin Cash, and Ethereum are currently gaining greater acceptance in Washington D. C. as Bob Goodlatte, the chair of the House Judiciary Committee, currently holds between $17,000 and $80,000 in cryptocurrencies. дальше »
2018-8-8 06:00 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. дальше »
2018-8-7 23:23 | |
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Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings
Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies. дальше »
2018-8-7 06:35 | |
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Coinbase Renews Money Transmitter License in Wyoming, Reopens Services in State
Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. дальше »
2018-8-7 23:08 | |
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Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight
In recent regulatory news, Dutch police have reported an increase in electricity fraud associated with crypto mining, a Michigan Republican member of the House Financial Services Committee has urged Congress to make the development of clear guidelines overseeing the cryptocurrency industry a top priority, and digital currency advocacy group, Chamber of Digital Commerce, has published […] The post Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight appeared first on Bitcoin News. дальше »
2018-7-31 18:35 | |
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Digital Currency Regulations Should Be Among Congress’s Top Priorities, Says Prominent Lawmaker
Bill Huizenga, a member of the House Financial Services Committee, recently stated that lawmakers should become more proactive in regulating the “muddied and fairly opaque” digital currency market, especially digital tokens trading and initial coin offerings (ICOs). дальше »
2018-7-29 19:28 | |
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Muddied and Fairly Opaque Crypto Industry Needs Oversight, Says US Lawmaker
A member of the U. S. House Financial Services Committee wants lawmakers to focus more attention on initial coin offerings (ICOs) and the trading of crypto assets, calling the market “muddied and fairly opaque. дальше »
2018-7-27 22:30 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-21 16:11 | |
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American Congressman Says Bitcoin Mining Should Be Made Illegal
Yesterday (18th July 2018), saw two separate House Committees discuss cryptocurrency in general, as well as specifically talking about Bitcoin. While the debates reached no clear conclusion, it has shown the general ignorance of the US’s elected officials on these topics. дальше »
2018-7-21 15:00 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-20 20:46 | |
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U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear
Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. дальше »
2018-7-20 17:00 | |
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The Dark Side of Cryptocurrencies Highlighted yet Again at House Hearing
US senators are not convinced that cryptocurrencies could be used for positive purposes. During a House Financial Services Committee hearing titled ‘The Future of Money: Digital Currency,’ four witnesses spoke before the house to highlight the state of cryptocurrency. дальше »
2018-7-20 14:59 | |
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New Fed Chairman Dismisses Crypto As No “Significant Risk” To The Current Financial System
Head of the Federal Reserve, Jerome Powell on Wednesday in responding to a US federal Committee said that cryptocurrencies did not pose a “significant risk” to the stability of the current financial system. дальше »
2018-7-20 10:06 | |
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