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XRPL Labs Drops ‘IOU’ Term for Tokens Issued on XRP Ledger
On the Ledger, all currencies other than XRP can be represented as issued currencies, which are sometimes called “IOUs. ” These are tracked in accounting relationships called “trust lines” between addresses. дальше »
2021-2-16 20:31 | |
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TRON (TRX) marginally ahead of Ethereum (ETH) for total USDT usage
Tron (TRX) is evolving as the fastest-growing blockchain for USDT issuance. According to Tron Foundation Chief Executive Officer Justin Sun, over $12. 4 billion Tether (USDT) has been issued on the Tron network. дальше »
2021-2-15 13:12 | |
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Nigeria SEC Freezes Crypto Proposals After CB Ruling
The move comes after the CBN issued a Feb. 5 circular regarding the legality of cryptocurrency in Nigeria. As a result, the SEC is halting processes connected to bringing people and products under the SEC Regulatory Incubation Framework. дальше »
2021-2-13 16:29 | |
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Spanish regulators' statement on crypto-risks draws criticism
Spanish companies are unlikely to see Bitcoin in their balance sheets anytime soon. Spain’s Securities Market Commission (CNMV) is in the news after alongside the Bank of Spain it issued a joint The post Spanish regulators' statement on crypto-risks draws criticism appeared first on AMBCrypto. дальше »
2021-2-13 12:30 | |
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Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles
Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game. Microsoft and the company Enjin have issued Minecraft-compatible NFTs in order to celebrate the International Day of Women and Girls in Science. дальше »
2021-2-12 08:30 | |
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Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies. дальше »
2021-2-10 22:34 | |
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Binance drops lawsuit against Forbes' journalists over 'TaiChi' story
According to a document dated 4 February, Binance Holdings Limited issued a notice of its “voluntary dismissal” of the suit against Forbes and the journalists, Michael del Castillo and Jason BrettThe post Binance drops lawsuit against Forbes' journalists over 'TaiChi' story appeared first on AMBCrypto. дальше »
2021-2-9 00:00 | |
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India Planning to Completely Outlaw Cryptocurrency through an Executive-Like Order
The Indian government is reportedly planning to quickly pass the recently proposed anti-cryptocurrency bill through an ordinance process. In India, Ordinances are laws that are enacted by the President upon a recommendation from the Union Cabinet, which has the same power as an Act of Parliament. дальше »
2021-2-10 19:23 | |
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South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. дальше »
2021-2-6 22:30 | |
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2021 Global Report Finds Confidence in Crypto Stronger Than Ever
The 2021 Global Crypto User Index is based on a global survey issued to over 61,000 crypto users across 178 countries and regions. The report, which was released on Thursday, surveyed participants between Sep. дальше »
2021-1-30 19:57 | |
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FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U. S. Senate confirmed Janet Yellen as the new U. дальше »
2021-1-28 21:15 | |
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BlockFi Card Review [2021] – How Good Will The New Card Be?
Cryptocurrency cards are being issued left and right these days. Blockfi, one of the most popular bitcoin lending platforms, has joined the race and this Blockfi card review will give you an insight into what will the to-be launched card feature. дальше »
2021-1-25 20:51 | |
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Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages
The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. дальше »
2021-1-22 08:30 | |
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Babylon Project issues immutable Certificate of Participation to all 2020 Hackathon participants
The Babylon Project has issued a verifiable and immutable certificate of participation to all active attendees of its 2020 blockchain hackathon, using a decentralized application... дальше »
2021-1-20 18:29 | |
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Coronavirus Serves as a Reminder: Today’s Payments System Is Broken
Several governments issued stimulus packages directly to their citizens in order to keep consumer spending up and the economy ticking over. Limitations in the banking system created bottlenecks. Technical difficulties caused delays in getting people necessary cash. дальше »
2021-1-14 21:13 | |
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New Zealand Watchdog Issues Warning on Crypto Investments Following Bitcoin’s Latest Price Drop
New Zealand’s financial regulator issued a warning alert to local cryptocurrency investors and traders amid the recent bitcoin’s price action. The Financial Markets Authority (FMA) asks people to remain cautious because cryptos are “high risk and highly volatile assets. дальше »
2021-1-13 09:30 | |
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UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach
Her Majesty’s Treasury in the U. K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. дальше »
2021-1-12 09:45 | |
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As FCA Warns UK Crypto Investors, HSBC Halts Transfers
The Financial Conduct Authority (FCA) has issued a statement warning cryptocurrency investors that “they should be prepared to lose all their money. ” The news hit right after HSBC, a British multinational investment bank, announced that local cryptocurrency traders and investors would no longer be allowed to transfer funds between their accounts and cryptocurrency exchanges. дальше »
2021-1-11 20:46 | |
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FCA Issues Fresh Crypto Warning to UK Investors
Fresh from enacting its ban on the sale of crypto derivatives to retail traders, the U.K. Financial Conduct Authority (FCA) has issued new warnings about crypto investments to consumers. Meanwhile, commercial banks in the country are adopting a more anti-cryptocurrency stance refusing to accept deposits from virtual currency sources even as the government appears setRead More дальше »
2021-1-11 20:00 | |
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Here’s why the UK financial regulator said crypto investors can “lose all their money”
The regulator issued the warning shortly after crypto markets took a hit on Monday. The post Here’s why the UK financial regulator said crypto investors can “lose all their money” appeared first on CryptoSlate. дальше »
2021-1-11 19:07 | |
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UK regulator issues a warning about the dangers of crypto
The UK’s financial regulator has recently issued a warning against crypto trading and investing. The country’s financial watchdog stressed the high risks and dangers of using cryptocurrencies, and particularly seeking to profit from the recent crypto rally, which brought increased volatility. дальше »
2021-1-11 12:55 | |
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BTSE Launches Wrapped Monero on the Ethereum Network
Crypto futures exchange BTSE has announced the launch of a Wrapped Monero token (WXMR) on its platform via a tweet on Jan 6. This new token is a first of its kind and is issued through the Ethereum blockchain, backed by the real Monero (XMR) token itself. дальше »
2021-1-9 14:00 | |
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South Korean Government to Start Taxing Crypto Trading Profits in 2022
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […] дальше »
2021-1-9 13:15 | |
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Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. дальше »
2021-1-7 22:30 | |
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Kyrgyzstan: Central Bank Publishes Draft Crypto Laws, Calls for Public Comments
Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection. дальше »
2021-1-7 20:00 | |
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DeFi, DEXs will be hurt the most by 'misguided' regulations: CoinFlip's Weiss
Since the introduction of FinCEN's proposed rule on 23 December 2020, many entities in the crypto-space have issued statements fiercely opposing it. The latest crypto-company to issue a statement is pThe post DeFi, DEXs will be hurt the most by 'misguided' regulations: CoinFlip's Weiss appeared first on AMBCrypto. дальше »
2021-1-6 15:00 | |
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US Treasury Warns of Increasing Ransomware Campaigns Against Coronavirus Vaccine Research Institutions
The U. S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. дальше »
2020-12-31 03:30 | |
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TTM Bank Launches Global Crypto Card
Registered in Estonia, financial company TTM Bank has issued the Prepaid Crypto Card, which can be used to pay wherever VISA payment system cards are accepted. TTM Bank Prepaid Crypto Card supports four cryptocurrencies: BTC, ETH, USDT, and TRX. дальше »
2020-12-31 14:09 | |
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Canadian Publicly-Listed Company Buys $2 Million Worth of Bitcoin with Treasury Funds
Canadian augmented reality (AR) firm joins in the bitcoin frenzy. Canadian AR Firm Buys Bitcoin In a press release issued on December 29, Canadian AR company NexTech AR announced its plans to make an investment worth $2 million in bitcoin (BTC) with plans to “add more in 2021.” Per the source, the company will useRead More дальше »
2020-12-30 14:00 | |
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Ripple releases latest statement: we look forward to working with SEC’s new leadership
In the wake of the recent allegations against the firm by US SEC, Ripple issued a new statement today in which the firm called the SEC’s decision "an attack" on US crypto industry and said that the The post Ripple releases latest statement: we look forward to working with SEC’s new leadership appeared first on AMBCrypto. дальше »
2020-12-29 21:41 | |
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2020 Was a Good Year for Crypto, and We’ll Soon Have Even Better Ones
The rise of CBDCs In the past few years, there were only rumors about central bank digital currencies (CBDCs). Issued and controlled by the state, a CBDC refers to the digital version of the national currency that has the potential to replace cash. дальше »
2020-12-29 17:39 | |
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Ethereum and USDT Dominant as Stablecoin Transactional Volume Soars Past $1 Trillion in 2020
The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone, The Block Research data on Dec 23 reveals. USDT and Ethereum Command Market Share Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed byRead More дальше »
2020-12-27 18:00 | |
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SEC: Broker-dealers holding security tokens won't be subject to enforcement action for 5 years
United States Securities and Exchange Commission (SEC) today issued a statement and requested for comment on the issue of “custody of digital asset securities by broker-dealers.” The federal ageThe post SEC: Broker-dealers holding security tokens won't be subject to enforcement action for 5 years appeared first on AMBCrypto. дальше »
2020-12-24 21:34 | |
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Bitwise Ditches XRP Investment Amid Uncertain Token Legality
Bitwise Ditches Altcoin #2 According to a press release issued on Dec. 23, Bitwise Asset Management — a crypto hedge fund — has exited its XRP investment position. Following the move, XRP is no longer a part of its Bitwise 10 Crypto Index Fund. дальше »
2020-12-24 19:17 | |
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Huobi Set For US Return after Acquisition Of Nevada Trust License
Crypto exchange giant Huobi Group is set to make a return to the US market after securing a trust license. This was revealed by Huobi in a Tuesday filing with the Hong Kong Stock exchange. US Operations to Begin In 2021 Huobi revealed that the trust license was issued by the Nevada Financial Institutions DivisionRead More дальше »
2020-12-24 00:00 | |
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AML/CFT compliance solutions now available for HBAR and any assets issued on Hedera
Hedera Hashgraph, the enterprise-grade distributed ledger, and TRM, the cryptocurrency compliance and risk management platform, today announced that TRM has successfully integrated with the Hedera public ledger, and customers can leverage the integration to comply with Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulatory requirements HBAR, Hedera’s native cryptocurrency, is now supported across all TRM […] CryptoNinjas » AML/CFT compliance solutions now available for HBAR and any assets issued on Hedera дальше »
2020-12-24 20:31 | |
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Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3. 3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has the lion’s share of coins with 115,411 under custody. дальше »
2020-12-21 11:30 | |
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FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish
The Financial Crimes Enforcement Network (FinCEN) issued its new proposed rule extending anti-money laundering (AML) regulation to non-custodial wallets on Friday. Under the latest proposed rules, banks and money service businesses that involve exchanges and custodians would be required to keep records and verify the identity of customers transacting greater than $3,000. дальше »
2020-12-20 16:23 | |
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Why FinCEN's proposed rule is 'awful' for the crypto-ecosystem
The long-awaited proposed FinCEN rule, one that would extend AML regulations to non-custodial wallets, has finally been issued, ending much speculation around what the rule would entail and creating sThe post Why FinCEN's proposed rule is 'awful' for the crypto-ecosystem appeared first on AMBCrypto. дальше »
2020-12-19 12:00 | |
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Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments
From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. дальше »
2020-12-15 20:41 | |
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Algorand Blockchain Adds Canadian Dollar Backed Stablecoin, QCAD, On Its Platform
Algorand blockchain welcomes its third stablecoin, QCAD, the Canadian dollar stablecoin built, issued, and managed by Stablecorp, a Canadian based fintech firm founded in a joint partnership with 3iQ, Canada's largest crypto asset manager, and Mavennet Systems, a blockchain development firm. дальше »
2020-12-11 17:46 | |
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One of Europe’s Oldest Banks Launches Stablecoin on Stellar
One of Europe’s oldest banks, Bankhaus von der Heydt (BVDH), has issued a Euro stablecoin (EURB). Working in conjunction with Bitbond, the financial institution says this is the first bank-backed Euro stablecoin of its kind. дальше »
2020-12-11 21:20 | |
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