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Bitcoin, other cryptos could be added to Libra’s reserve basket in the future
Facebook‘s entry into the cryptocurrency space with the launch of Libra has got a lot of people in the crypto-community curious. However, many, including regulators, have raised concerns about the social media platform’s project. дальше »
2019-10-30 15:02 | |
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Fintech Heavyweights Launch Initiative to Promote Amenable Regulation
In an effort to bridge the communication gap between financial regulators and innovators building fintech, distributed ledger technology (DLT) and crypto-related platforms aimed at promoting the growth of decentralized finance (DeFi), forward-thinking blockchain entrepreneurs have launched the Alliance for Innovative Regulation (AIR). дальше »
2019-10-30 14:56 | |
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Ripple’s Chris Larsen believes AIR will enable collaboration between regulators, industry
While partnership-driven adoption remains the status quo for the crypto-ecosystem, a group of entrepreneurs including Chris Larsen, Ripple’s Executive Director, has announced the launch of a new alliance “to help regulators embrace technology and integrate innovation into their organizational DNA. дальше »
2019-10-30 10:30 | |
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XRP is not a security, claims Ripple’s Brad Garlinghouse
Financial regulators have been highly involved with cryptocurrencies, further defying the latter’s nature of being decentralized assets. While these regulators have been in the news a lot lately owing to Facebook’s Libra, agencies such as the SEC have also garnered a lot of attention owing to its ruling on whether certain cryptos constitute a security […] The post XRP is not a security, claims Ripple’s Brad Garlinghouse appeared first on AMBCrypto. дальше »
2019-10-30 09:30 | |
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A Bomb! China is not so close to launch cryptocurrency
New volleys of the cryptocurrency war between the United States and China are not long in coming. Coinstelegram was one of the first to notice this new trend in relations between the two leading economies. дальше »
2019-10-30 20:53 | |
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Майк Новограц: Китай «съест наш обед», если США не поддержат технологию блокчейн
CEO Galaxy Digital Майк Новограц считает, что Китай может опередить США в инновациях и финтех революции. В своём твите Новограц привёл фото аптеки Walgreens в Лас-Вегасе, в которой принимают платежи AliPay: A pal sent me this from Vegas. дальше »
2019-10-29 14:05 | |
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Ukraine is legalizing crypto – but what does it mean?
How governments react to new technologies continues to be a source of fascination for the media and broader tech sector. Even now, in 2019, the debate continues about whether or not regulators should have more control over the internet itself. дальше »
2019-10-29 10:02 | |
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Former Chongqing Mayor: Facebook is “Delusional” About Libra and Will Never Succeed
Central bankers and regulators fear that Libra could threaten the security of the global financial system. Huang Qifan stated that the chaos created by Libra would be on par with “returning to the primitive society. дальше »
2019-10-28 22:57 | |
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Bakkt to launch consumer app; Starbucks to be testing ground
While Bakkt manged to become to the first crypto business to get the green light from U. S. regulators, the company released an official blog post to detail investors upon the ongoing developments. дальше »
2019-10-29 17:44 | |
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SEC’s aggressive enforcement, Jay Clayton’s chairmanship slowing down cryptocurrency market
The role of regulations for cryptocurrency adoption is pivotal as policies decide the level of exposure the cryptocurrency space can get in front of the general population. The United States’ Securities and Exchange Commission has been one of the most active regulators in this regard, with many of its members gaining an interest in the […] The post SEC’s aggressive enforcement, Jay Clayton’s chairmanship slowing down cryptocurrency market appeared first on AMBCrypto. дальше »
2019-10-26 17:30 | |
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Litecoin’s implementation of MimbleWimble could pave way for Bitcoin’s privacy
If MimbleWimble is implemented on Litecoin, regulators could in fact, classify the cryptocurrency in the same bracket as privacy coins like Monero, ZCash, and Dash. This sentiment was echoed by LTC dev ‘ecurrencyhodler‘ shortly after the draft proposal was dropped by Litecoin Foundation, a draft which expanded on its implementation specs. дальше »
2019-10-25 16:00 | |
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Facebook’s Libra: Everything You Need to Know About Congress’ Latest Hearing
A few hours ago, Facebook CEO Mark Zuckerberg testified before Congress to answer politicians’ questions about the controversial Libra project. This would be the third time that regulators have met with Facebook, but on previous occasions spoke to Libra project lead, David Marcus. дальше »
2019-10-25 20:14 | |
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Bitcoin, Ethereum weren’t built for payments: Ripple’s Asheesh Birla
Ripple’s SVP of Products, Asheesh Birla, was the latest guest on a recent interview with Seeking Alpha, an interview during which he reiterated Ripple’s take on improving the global financial system. дальше »
2019-10-24 15:30 | |
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SEC Chairman claims crypto-violations of securities law are on a decline
The SEC doesn’t think cryptocurrencies are ‘all bad. ’ Let’s face it. Of all the financial regulators in the world, cryptocurrencies have the worst reputation with the U. S Securities and Exchange Commission [SEC]. дальше »
2019-10-24 11:30 | |
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Libra’s a safe, secure and regulated alternative to decentralized cryptocurrency: Mark Zuckerberg
During Mark Zuckerberg’s congressional hearing on Libra, Congresswoman Carolyn Maloney raised the question on Facebook’s intent behind gaining regulatory clearance. In this regard, the Facebook CEO clarified that the company aims to seek approval from all of the regulators that have jurisdiction over Libra’s line of business. дальше »
2019-10-24 22:00 | |
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BBC Report: Not a Single 1 of the 20 Facebook’s Libra Partners Has Paid Their $10 Million Yet
The Libra Association is not facing a good time right now. Not only did several companies decide to back down from being a part of the association after PayPal had dropped out and regulators asked them to back off, but none of the 20 founding members has paid a single cent to support the Libra […] дальше »
2019-10-23 21:36 | |
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Facebook will walk away from Libra if it doesn’t meet U.S. regulators’ standards
Facebook’s intention to launch its cryptocurrency project, Libra, has raised serious concerns about Mark Zuckerberg’s plans to establish a global digital currency that would challenge the U. дальше »
2019-10-24 20:15 | |
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Regulate Stablecoins – Don’t Squash Them
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center. дальше »
2019-10-23 13:30 | |
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Libra Will Not Launch Until Regulators Are Happy, Claims Zuckerberg
Mark Zuckerberg is apparently in favor of delaying the launch of the Libra digital currency until all demands of US regulators are satisfied. The Facebook founder also said that the social network firm was likely not the “ideal messenger” to deliver Libra to the world. дальше »
2019-10-23 01:08 | |
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BitLicense Becomes Subject of New York Financial Regulators Scrutiny Over Current Regime
The New York Department of Financial Services (NYDFS) has finally decided to review its most controversial decision in recent days. According to the head of the agency, Linda Lacewell, the agency is set to look into the infamous BitLicense and maybe consider some changes. дальше »
2019-10-23 00:42 | |
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FCA Will Make Final Decision On Whether To Ban Crypto Derivatives (CFDs and ETNs) in the UK
The government of the United Kingdom has recently affirmed that its regulators and the executive should decide whether crypto derivatives should be banned for retail investors or not. According to the reports, the economy secretary John Glen affirmed that the Financial Conduct Authority (FCA) was the only entity that would determine if the ban should […] дальше »
2019-10-23 23:34 | |
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Zuckerberg: Facebook Will Not Launch Libra Without US Approval
Mark Zuckerberg plans to assure Congress that Libra will not launch until all U.S. regulators' concerns are addressed
дальше »2019-10-23 22:30 | |
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Why the Demand for Instant Crypto Exchanges is Growing High
2018 was shaping for the cryptocurrency market. While digital assets were decimated as Bitcoin collapsed 75%, it was altcoins that bore the brunt. Events of last year were natural. It was a correction that equalized the euphoria of late 2017, sobering the market. дальше »
2019-10-22 23:19 | |
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FATF Starts Checking How Well Countries Implement Crypto Standards
The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements swiftly,” the FATF emphasized. дальше »
2019-10-22 17:25 | |
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20 Trillion Reasons To Own Bitcoin: Cameron Winklevoss Lambastes Federal Reserve Policies
Cameron Winklevoss may be willing to allow regulators into his Gemini Bitcoin and cryptocurrency exchange, but he isn’t a big fan of the Federal Reserve (Fed). He recently made his sentiments known regarding monetary policies in the U. дальше »
2019-10-21 16:15 | |
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Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate. дальше »
2019-10-21 12:30 | |
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Facebook’s Libra ‘cryptocurrency’ gets desperate as it considers stablecoins
Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months. дальше »
2019-10-21 12:00 | |
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Libra and Regulators Should be More ‘Creative,’ Claims BaFin President
Anyone who has been paying attention shouldn’t be surprised to hear that Facebook’s Libra stablecoin project isn’t in the greatest of places. After all, Libra just lost some of its key members, eBay and MasterCard, among others, as BeInCrypto has previously reported. дальше »
2019-10-21 03:18 | |
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Fed Research Considers Negative Interest Rates Effective Policy Tool
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks. дальше »
2019-10-20 10:30 | |
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Russia Blocks 2 Crypto News Websites
Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information that have been banned […] The post Russia Blocks 2 Crypto News Websites appeared first on Bitcoin News. дальше »
2019-10-19 11:55 | |
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Global Monetary Enforcer FATF Shares Concerns About Libra And Stablecoins
The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […] дальше »
2019-10-19 22:34 | |
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European Regulators won’t Oppose Stablecoins but Double-Down on Libra Warning
Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now with Libra, there is anRead MoreRead More. дальше »
2019-10-18 19:00 | |
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Ripple’s Breanne Madigan highlights the United States’ lack of regulatory clarity
Breanne Madigan, Head of the Global Institutional Markets Team at Ripple, recently discussed the various challenges faced by the blockchain and digital assets industry, while also addressing how to approach policy implications with regulators. дальше »
2019-10-18 16:30 | |
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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges
Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries. дальше »
2019-10-18 14:00 | |
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G7 countries caution against Facebook’s ‘risky’ Libra
Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed. дальше »
2019-10-18 12:04 | |
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G7 Confirms Libra Like Cryptocurrency Needs a Legal Basis
Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it. дальше »
2019-10-18 09:30 | |
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Blockchain Innovation: Opportunities, Challenges and Policy Implications
From debt to equity and funds management to derivatives, established primary and secondary markets are being transformed by decentralized technologies—and regulators are keeping a close watch on the changes. дальше »
2019-10-18 00:27 | |
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David Marcus, Nandan Nilekani talk cross-border payments and Libra
The latest International Monetary Fund (IMF) conference featured leaders from technology, banks, and regulators to discuss the trajectory of the fintech ecosystem. Leading the conversation was Facebook’s David Marcus, Head of Calibra, who highlighted the current constraints of the existing financial system. дальше »
2019-10-18 21:33 | |
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Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value
Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […] дальше »
2019-10-17 18:43 | |
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Regulators can Shut Down Bitcoin Anytime: Bloomberg Editor
Law enforcement authorities can shut down bitcoin anytime, according to Bloomberg Digital’s executive editor Joe Weisenthal. The media talent warned institutions against creating bitcoin-based investment products, stating that they could become a tool to take capital from fiat markets. дальше »
2019-10-17 17:00 | |
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New Singapore Payment Services Act Includes Forensic Crypto Tracking
Financial regulators in Singapore are looking to implement robust crypto tracking as part of efforts to combat financial crimes. This move comes as authorities are set to introduce the country’s new Payment Services Act. дальше »
2019-10-17 13:27 | |
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Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here
The U. S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets. ” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering (AML) policies and know your customer (KYC) protocols. дальше »
2019-10-17 01:13 | |
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