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Twitter CEO explains how the FinCEN’s AML laws could backfire
Recently, FinCEN proposed new regulations that would force crypto firms to collect information regarding the identities of non-customer counter parties. The new regulation, however, could severely backfire — at least according to Twitter CEO, Jack Dorsey. дальше »
2021-1-5 15:24 | |
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a16z urges FinCEN to withdraw proposed rule citing 'Fourth Amendment concerns'
Popular American VC firm Andreessen Horowitz, more commonly known as a16z, is in the news today after it filed a response urging FinCEN to withdraw its proposed rule or at the very least, extend the cThe post a16z urges FinCEN to withdraw proposed rule citing 'Fourth Amendment concerns' appeared first on AMBCrypto. дальше »
2021-1-5 13:07 | |
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FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets. дальше »
2021-1-2 23:30 | |
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Coinbase chief expresses concern over new crypto regulations
Coinbase CEO Brian Armstrong has voiced concern about the proposed new Bitcoin and crypto… The post Coinbase chief expresses concern over new crypto regulations appeared first on Coin Journal. дальше »
2021-1-1 14:20 | |
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Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule
Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets.
дальше »2021-1-1 01:20 | |
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An Open Letter To FinCEN: Newly Proposed Regulations On Cryptocurrency
The new rules would go far beyond any existing measure of financial surveillance and destroy Americans’ financial privacy. The post An Open Letter To FinCEN: Newly Proposed Regulations On Cryptocurrency appeared first on Bitcoin Magazine. дальше »
2021-1-1 23:20 | |
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Why Bitcoin cannot be killed but can be crippled by the US Govt
The U.S. government or more specifically, FinCEN's proposed AML regulation has been extended to non-custodial wallets causing an outcry in the cryptocurrency ecosystem since the proposed regulation caThe post Why Bitcoin cannot be killed but can be crippled by the US Govt appeared first on AMBCrypto. дальше »
2020-12-29 19:00 | |
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Stablecoins Must Meet Appropriate Financial Regulations, Says U.S Presidential Advisory Group
The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid. дальше »
2020-12-27 12:00 | |
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Electronic Frontier Foundation: US Government Will Expand Financial Surveillance Through FinCEN’s Proposed Crypto Wallet Rules
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U. S. Treasury’s Financial Crimes Enforcement Network (FinCEN). дальше »
2020-12-24 13:15 | |
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US Congress Agrees to $900 Billion Coronavirus Aid Deal
On Sunday, a deal was finalized that stipulates $900 billion in federal funds that will be used to help Americans that have faced negative economic consequences from the Coronavirus. This deal was about half the amount previously proposed, meaning that American citizens who qualify for the stimulus (those who make less than $75,000 per year) … Continued The post US Congress Agrees to $900 Billion Coronavirus Aid Deal appeared first on BeInCrypto. дальше »
2020-12-21 14:40 | |
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Financial Crimes Enforcement Network Proposes New Rules For Crypto Wallets
The US Treasury Department reveals that the Financial Crimes Enforcement Network (FinCEN) has proposed new rules for cryptocurrency wallets. According to the US Department of Treasury’s announcement, the proposed rules require banks and other financial firms to keep records of verified customer’s identities and submit them. дальше »
2020-12-20 17:30 | |
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US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U. S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do, and which wallets are affected. дальше »
2020-12-20 20:15 | |
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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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FinCEN Mulls Imposing Proposed Crypto Wallet Regulation, Crypto Community Reacts
On Dec 18, 2020, The Financial Crimes Enforcement Network (FinCEN), took a step closer to implementing its long-dreaded crypto wallet regulation. What Is the Proposal? Under the proposed rule, crypto exchanges would be obliged to make crypto users comply with know your customer (KYC) requirements when transferring their digital assets to personal wallets. FinCEN nowRead More дальше »
2020-12-20 16:00 | |
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Curve Finance votes on proposal to bring Euro stablecoin pool to DeFi
DeFi protocol Curve Finance is in the news after it proposed the introduction of $CRV for $pBTC, $bBTC, $oBTC, $UST and $sEUR pools. The ongoing "all in one vote" will include a Euro stablecoin pool oThe post Curve Finance votes on proposal to bring Euro stablecoin pool to DeFi appeared first on AMBCrypto. дальше »
2020-12-19 16:00 | |
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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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FinCEN Proposes KYC For Withdrawing Cryptocurrency To Private Wallets
The U.S. Treasury bureau proposed a rule that would require cryptocurrency exchanges to submit reports on withdrawals to “unhosted wallets.” The post FinCEN Proposes KYC For Withdrawing Cryptocurrency To Private Wallets appeared first on Bitcoin Magazine. дальше »
2020-12-19 01:37 | |
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FinCEN Opens Job Positions for Crypto Policy Advisers Ahead of Proposed Wallet Regulation
The Financial Crimes Enforcement Network (FinCEN), a top policy enforcement arm of the Treasury Department, has been rumored to be in the process of developing crypto regulations for a while. These rumors have now been given new life as the regulator recently posted two job listings for crypto advisers. дальше »
2020-12-18 20:08 | |
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MakerDAO introduces polls to let the community vote on proposed changes
The MakerDAO Governance Facilitator has introduced a governance poll on behalf of the Maker Governance community to improve community engagement. A blog post unveiled this news on December 7, noting that the organization seeks to offer the community a chance to show their support or objection to parameter changes and collateral onboarding among other changes on the platform. дальше »
2020-12-11 14:54 | |
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Компания MicroStrategy планирует инвестировать еще $400 млн в биткоин
Компания MicroStrategy объявила о планах инвестировать доходы от размещения ценных бумаг на сумму $400 млн в биткоин. MicroStrategy Announces Proposed Private Offering of $400 Million of Convertible Senior Noteshttps://t. дальше »
2020-12-10 11:51 | |
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MicroStrategy привлечет $400 млн для дополнительных инвестиций в биткоин
Поставщик аналитического ПО MicroStrategy Incorporated объявил о намерении разместить конвертируемые старшие ноты на сумму $400 млн со сроком погашения в 2025 году. MicroStrategy Announces Proposed Private Offering of $400 Million of Convertible Senior Noteshttps://t. дальше »
2020-12-8 09:47 | |
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Crypto Market Forecast: W/C 7 December 2020
A curated weekly summary of forward-focused crypto news that matters. This week - proposed new stablecoin legislation a potential game-changer in the US, Spark / XRP airdrop scheduled for the 12th, and Bitcoin holds steady over $19,000 дальше »
2020-12-7 05:00 | |
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New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans
Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell want to add stimulus measures to the spending bill that must be passed before the Dec. дальше »
2020-12-7 03:35 | |
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Ethereum community explodes over proposed stablecoin act from U.S. representatives
The crypto community was slammed with news earlier this week that United States House representatives are looking to crack down on stablecoins. The post Ethereum community explodes over proposed stablecoin act from U. дальше »
2020-12-5 16:22 | |
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Crypto Community Comes Down Heavily on Stablecoin Bill
A new bill proposed to Congress strives to regulate the whole stablecoin market by asking all related activities to have federal approval first. This resulted in prominent personalities from the cryptocurrency industry coming down heavily to a submitted Congressional bill that would massively regulate stablecoin issuers. дальше »
2020-12-4 00:00 | |
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Blockchain Bites: Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act
Crypto Twitter, like the U.S. Congress, is usually divided. A proposed law to strengthen stablecoin oversight has brought crypto together. дальше »
2020-12-4 20:05 | |
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Ukraine’s Cryptocurrency Draft Bill Received 67% Approval In its First Parliamentary Hearing
Ukraine has marked another milestone towards the path of crypto regulation, with the country’s proposed draft bill passing its first parliamentary hearing this week. This was the document’s initial debut in the Verkhovna Rada parliament and was passed by an overwhelming 240 votes out of the possible 340. дальше »
2020-12-4 19:37 | |
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Bitcoin SV Technical Standards Committee opens first proposed standard for public review
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that the first proposed standard from... дальше »
2020-11-30 11:35 | |
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Bitcoin SV Merkle Inclusion Proofs Upgrade Open for Public Review
The Bitcoin SV (BSV) Technical Standards Committee (TSC) is set to conduct its first public review exercise for a proposed upgrade to the blockchain network. The planned protocol improvement is geared towards improving payment efficiency on the Bitcoin fork. дальше »
2020-11-27 00:00 | |
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Russia’s Prime Minister proposes to direct development of local crypto market
Prime Minister of Russia, Mikhail Mishustin, proposed that the government could develop a legal framework in order to protect the "rights and interests" of cryptocurrency holders in Russia, and in turThe post Russia’s Prime Minister proposes to direct development of local crypto market appeared first on AMBCrypto. дальше »
2020-11-26 18:30 | |
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Coinbase CEO Claims Non-Custodial Wallet Regulation is Bad for DeFi
In a lengthy tweet, the Coinbase boss has responded to Steve Mnuchin’s plans to rush out new regulations regarding self-hosted crypto wallets before the end of his term. The proposed regulations would require financial institutions and crypto exchanges to verify the recipient and owner of self-hosted or non-custodial wallets. дальше »
2020-11-27 17:09 | |
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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022
The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […] дальше »
2020-11-26 00:23 | |
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Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022
South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its scheduled commencement date in October 2021. According to the Dong-a Ilbo, a South Korean media which first reported this news, the law might come into effect later in January 2022. дальше »
2020-11-26 20:59 | |
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Ethereum 2.0 Deposit Contract Reaches Threshold Value in Time for Dec 1 Launch
The deposit contract for Ethereum 2. 0 has reached the minimum value in time for the proposed Dec 1 launch. The beacon chain will run parallel to the current network. Ethereum 2. 0’s beacon chain is set to launch as the deposit contract reached the threshold value on Nov 23. дальше »
2020-11-24 11:32 | |
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Crypto users speak out on proposed change to FinCEN Travel Rule
“This proposal, if adopted, would prove to be an invasion of privacy."
дальше »2020-11-23 22:01 | |
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Top Chinese bank cancels the arrival of Bitcoin-tradable bond
The cryptocurrency industry continues to get more and more adopted and involved with traditional forms of money, as well as other investment assets. This is what led to the proposed issuance of a Bitcoin-tradable bond, which was supposed to be issued by a branch of China Construction Bank (CCB) in Labuan, Malaysia. дальше »
2020-11-24 16:29 | |
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