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Facebook Now Seeking Swiss Payment System License for Crypto Project Libra

Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […] дальше »

2019-9-11 17:55


Dutch Parliament May Rule On Legislation To Ban International Crypto Firms Operating In Netherlands

The recently reported registry mandate for local crypto companies in the Netherlands will also impact the international companies in the jurisdiction. While all local financial companies (including crypto firms) are set to be registered with the Dutch National Bank (DNB) by January 10, all international cryptocurrency companies will not be able to operate their business […] дальше »

2019-9-11 17:36


Ripple Partner InstaReM Now Powers Real-Time Remittance Payments for SBI Remit and Cosmoney Clients

Ripple partner InstaReM will now power real-time cross border payments for the clients of another Ripple partner SBI, as per the latest announcement. A leading global financial payments infrastructure, InstaReM first joined Ripple for Southeast Asia payouts via RippleNet at the beginning of last year. Now, the company is going to work with one of […] дальше »

2019-9-11 17:07


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Facebook: Libra Cryptocurrency Faces Strict Regulatory Standards from U.S. Treasury

United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019. дальше »

2019-9-11 16:16


R3’s partnership with Mastercard to introduce its blockchain-enabled cross-border payments solution

R3 has entered Ripple’s playing field as it announced a strategic partnership with Mastercard, a leading global payments and technology company. This strategic partnership between the two is piloting a new blockchain-enabled cross-border payments solution, something that Ripple provides not only to banks but also to other Financial Institutions. дальше »

2019-9-11 15:35


Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license

On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto. дальше »

2019-9-11 13:00


Nasdaq adds DeFi cryptocurrency index including Augur, MakerDAO, 0x

Nasdaq is adding a new index that is dedicated to blockchain projects in decentralized finance, featuring major cryptocurrencies such as Augur, Maker, and 0x. EXANTE, a European investment services firm that was established in 2011 to offer global multi-asset financial services, partnered with the stock exchange operator Nasdaq to offer the Decentralized Finance Index (DeFix). дальше »

2019-9-11 04:45


US Treasury: Facebook’s Libra And Other Crypto’s Must Adhere To AML & Terrorism Financing Standards

The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […] дальше »

2019-9-10 21:02


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FATF ‘Absurd’ Bitcoin Exchange Rules Will Reduce Crime, Researchers Admit

The FATF ‘Travel Rule’ that cryptocurrency proponents have described as “absurd” will result in a mass shift to compliance among Bitcoin exchanges, new data claims. FATF Rules Move Closer To Law In a report issued on September 9, Crystal Analytics, the dedicated offshoot of mining giant Bitfury, forecast possible consequences of cryptocurrency rules likely to become law across the globe by June 2020. дальше »

2019-9-10 16:00


Bitcoin Standard author Saifedean says that Bitcoin is now knocking at central banks’ door

Saifedean Ammous, an economics professor famously known for his book The Bitcoin Standard: The Decentralized Alternative to Central Banking sat down for an interview with Preston Pysh. In the podcast, he spoke about several developments in the ecosystem while comparing Bitcoin to traditional financial institutions and gold. дальше »

2019-9-9 20:30


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Crypto Banking Expands With Positive Interest Rates and New Services

Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to […] The post Crypto Banking Expands With Positive Interest Rates and New Services appeared first on Bitcoin News. дальше »

2019-9-9 17:15