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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. дальше »

2020-3-4 06:10


China has suspended the development of its own cryptocurrency due to coronavirus

The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC). дальше »

2020-2-27 21:43


Ripple enhances remittance footprint in the Philippines with Azimo partnership

Ripple's cross-border solution has been quite the rage among banking institutions around the world. Its new partnership with Europe-based digital money transfer service, Azimo, has also confirmed the The post Ripple enhances remittance footprint in the Philippines with Azimo partnership appeared first on AMBCrypto. дальше »

2020-2-26 17:43


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Sentbe, Hanpass, WireBarley and More Leverage RippleNet to Improve Remittances in Korea

For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays. дальше »

2020-2-27 03:30


G20 Wants Tougher Rules for Cryptocurrencies; Urging Members To Adopt FATF Standards

G20 central bankers and finance ministers want to push for a wider adoption when it comes to the standards compelling crypto exchanges to disclose information about users. After a weekend summit in Riyadh, the Saudi Arabian capital, G20 members of financial institutions said countries haven’t aligned themselves with the international and intergovernmental standards imposed by […] дальше »

2020-2-25 21:46


Japan's Largest Global Blockchain Conference Why TEAMZ Blockchain Summit Is a must to attend!

Speakers of TEAMZ Blockchain Summit to gather in Happoen, Tokyo on April 22, 2020! TEAMZ Blockchain Summit brings together industry experts, venture capital, investment institutions, media, and infThe post Japan's Largest Global Blockchain Conference Why TEAMZ Blockchain Summit Is a must to attend! appeared first on AMBCrypto. дальше »

2020-2-17 17:40


DTCC Urges Financial Institutions to Collaborate in Forming A DLT Regulatory Framework

U.S Depository Trust & Clearing Corporation (DTCC) published a white paper on Feb,12 calling for the establishment of a proper regulatory framework on blockchain technology. The leading American financial markets clearing and settlement company noted that this would help avoid the risks associated with Digital Ledger adoption in future. This white paper dubbed ‘Security of […] дальше »

2020-2-14 00:29


WEF’s New Global Consortium To Focus On Cryptocurrency Governance Framework

The World Economic Forum (WEF) has announced the creation of a global consortium which will come up with a governance framework for all cryptocurrencies comprising stablecoins. In a blog post, WEF announced that after extensive consultation among the global community members, an international consortium which will work closely with financial institutions, representatives of governments, developers […] дальше »

2020-1-27 18:31