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4 Countries That Really Don't Like Facebook's Crypto Libra
Governments around the world went on high alert after American social media giant Facebook announced a permissioned blockchain digital currency, named Libra. Unsurprisingly, the prospect of a privately-backed alternative digital currency didn't exactly excite financial regulators in North America, Europe, and Asia. дальше »
2019-9-18 11:37 | |
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Bitcoin has always been seen as an investment by the Chinese, and not as a payment system, claims Bobby Lee
Charlie Shrem interviewed Bitcoin veteran and Ballet Co-founder, Bobby Lee, on his podcast, Untold Stories, earlier today. During the interview, Bobby spoke about his experience of co-founding BTC China, the first Bitcoin exchange in China and for a while, the longest running exchange in the world, while also addressing his interactions with Chinese regulators. дальше »
2019-9-18 01:30 | |
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Crypto Regulation Vs. Innovation: Who’s Winning the Match-up?
Can regulators and crypto projects work out their differences to create safe environments for digital asset trading? Or are they destined to forever butt heads? In an ideal world, there are no winners or losers. дальше »
2019-9-18 22:08 | |
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UK’s Moderate Regulators Are “Incredibly Positive” For Crypto, Says Top Fintech Lawyer
It’s commonly assumed that the best regulatory attitude towards bitcoin and other cryptocurrencies is a proactive one. But a leading lawyer is contradicting this common wisdom, saying that the best approach is to accommodate crypto into existing legal frameworks, as the UK is now doing. дальше »
2019-9-18 18:21 | |
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Facebook in the crosshairs of regulators once again; this time the authorities’ concern may be warranted
Facebook cannot seem to catch a break at the moment. The Menlo Park giant, since unveiling Libra, has been in the eye of the storm. Hailed as the medium to ‘bank the unbanked,’ Libra, in its brief existence, has only managed to enrage the already enraged. дальше »
2019-9-17 17:30 | |
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Libra launch date unchanged despite backlash from European regulators
French and German regulators have launched a new attack on Facebook’s Libra, saying that it is a threat to the financial sovereignty of nations. In response, the Libra Association has doubled down, promising to work with regulators, but committing to a 2020 launch. дальше »
2019-9-17 15:05 | |
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Facebook Insists Libra Poses No Threat to Central Banks
Let’s be honest. For central banks that relish their power to unleash quantitative easing and print money at will, Facebook’s Libra is a wolf in sheep’s clothing. Facebook Does Not Threaten Central Banks Libra does not threaten central banks’ control over currency creation. дальше »
2019-9-17 14:30 | |
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Neufund gets green signal from Liechtenstein’s financial regulators to launch token offerings
Blockchain-based startup, Neufund, is all set to launch a retail public offering using blockchain technology as it received a thumbs up from the Financial Monetary Authority in Liechtenstein. Neufund’s public offerings will be accessible to all kinds of investors as the minimum investment is as low as €10. дальше »
2019-9-17 01:30 | |
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Chinese Regulators Demand Cleanup of Bitcoin Mining in Inner Mongolia
Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region. The post Chinese Regulators Demand Cleanup of Bitcoin Mining in Inner Mongolia appeared first on Bitcoin Magazine. дальше »
2019-9-18 20:36 | |
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Libra Execs To Face Global Financial Regulators Today To Be Questioned About Facebook’s Crypto Risk
Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry. дальше »
2019-9-16 16:07 | |
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Facebook’s Libra to meet with global regulators on Monday
Facebook’s popularity among masses drove it to venture into crypto ecosystem, releasing the whitepaper of Libra. But the project has faced my bumps since its very announcement. Before the project could even take off, it faced backlash from policymakers from across the globe citing privacy concerns looming over Facebook. дальше »
2019-9-15 10:31 | |
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Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020
Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos, Perez indicated that while the Libra Association is expecting talks with regulators to continue, the project is slated for launch during the second half of next year. дальше »
2019-9-14 20:21 | |
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France To Block Libra But FINMA Eager For Regulation
Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project. дальше »
2019-9-12 14:30 | |
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Coinbase Ready To K.O. Binance With New IEO Platform
Binance is crossing the Atlantic, but Coinbase is ready for the showdown. The San Francisco-based wallet and exchange provider hopes that strong relationships with U. S. regulators will give their proposed IEO platform a competitive edge over Binance Launchpad, and any other rival. дальше »
2019-9-12 21:00 | |
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Only A Day Remains For US Citizens To Trade On Binance Before Becoming Storage Wallet
It has been about 3 months that Binance had announced that they would be shutting down US based investors from trading on their platform on September 12th. The time has finally arrived. Binance is currently freely accessible by US residents. дальше »
2019-9-12 19:05 | |
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Incoming ECB President Advocates 'Open' Crypto Regulations
Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations. дальше »
2019-9-10 03:30 | |
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Bakkt launches institutional Bitcoin custody service with $125 million in insurance
Bakkt launched its Bitcoin custody warehouse, its institutional BTC custody solution, protected by a $125 million insurance policy. The launch is part of the physically-settled Bitcoin futures it plans to launch on Sept. дальше »
2019-9-10 01:32 | |
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Dash and Bitcoin should not be differentiated by regulators over Dash’s Privacy Coin status, says Ryan Taylor
Privacy Coins receive a lot of criticism from the community for their privacy-oriented transactions as such virtual assets were recently delisted from various exchanges due to regulatory concerns. дальше »
2019-9-9 00:01 | |
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Stablecoins Pegged Against Foreign Currency Could Affect Swiss Monetary Policy: Central Bank President
Many regulators and heads of financial institutions have expressed concern over cryptocurrencies and their use. Crypto assets come with many challenges that place financial institutions in an awkward position as far as dealing with digital assets goes. дальше »
2019-9-7 19:21 | |
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Facebook hires two more lobbyists to prepare for the regulatory battle over Libra
After hiring advisory firm FS Vector, along with John Collins (former Head of Policy, Coinbase), social media giant Facebook has appointed two more Libra lobbyists on its payroll to help steer the initiative through the stormy reception the project has received from regulators and legislators. дальше »
2019-9-6 15:00 | |
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Thailand: BX Bitcoin Exchange Shutdown Attributed to Stringent Regulations
More updates have emerged regarding the closure of one of Thailand’s largest Bitcoin exchanges, reports the Bangkok Post. Sources say the move was due to the platform not being keen on complying with some of the more stringent anti-money laundering (AML) provisions set forth by regulators. дальше »
2019-9-6 13:00 | |
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SEC Overstock Investigation ‘Almost Dormant’ Says CEO After Byrne Exit
Overstock is still in the dark about the investigation US regulators launched into tZERO back in 2018, says the company’s new interim CEO. Johnson: No SEC Info Since 2018 Speaking to FOX Business in an interview reported on September 3, Jonathan Johnson said he was still waiting for information from the Securities and Exchange Commission (SEC). дальше »
2019-9-5 14:00 | |
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Cryptocurrency Projects Are Upping Their Privacy Game
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. дальше »
2019-9-4 22:30 | |
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Telegram’s Gram is ready to send, can the messaging-app deliver?
Telegram’s cryptocurrency Gram is ready for launch in late October. However, following the regulatory pushback against Facebook’s Libra, is Telegram prepared to buck regulators and press send? дальше »
2019-9-5 21:54 | |
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IMF Chief, ECB President Candidate Advocates for Crypto Regulation Transparency
The chief of the International Monetary Fund (IMF), Christine Lagarde, has recently affirmed that central banks should find the balance between protecting the customers and being open to innovation. She specifically cited cryptocurrencies as some of the innovations that the regulators should be more open to. According to her, the banks have to be more […] дальше »
2019-9-4 21:50 | |
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Andreessen Horowitz lobbying financial watchdogs to loosen crypto regulations
Andreessen Horowitz, a venture capital company focused on crypto innovation, brought several Washington regulators together to promote crypto adoption and discuss regulation. The May event includes representatives from the U. дальше »
2019-9-4 03:54 | |
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VanEck, SolidX to Pilot Bitcoin Offering to Institutional Investors
Following frustrated attempts from regulators around a bitcoin ETF, VanEck and SolidX are opting for a trial run with institutional investors. The post VanEck, SolidX to Pilot Bitcoin Offering to Institutional Investors appeared first on Bitcoin Magazine. дальше »
2019-9-6 20:03 | |
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Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. дальше »
2019-9-4 18:00 | |
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Andreessen Horowitz Stands up for Pro-Cryptocurrency Regulations
Renown venture capital and investment advisory firm, Andreessen Horowitz, held a conference on cryptocurrencies to which they invited companies and regulators who are dealing with this new industry. Marc Andreessen discussed the importance of cryptocurrencies, likening it to how the internet was viewed in its early days, as reported by the Wall Street Journal, SeptemberRead MoreRead More. дальше »
2019-9-2 17:00 | |
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Industry Exec: US Has Become Hostile Towards Crypto, What Should Investors Expect
Venture capital stalwart Andreessen Horowitz has been upping the ante in the crypto combat with US regulators. The firm aims to temper Washington’s somewhat harsh stance on the digital asset industry that could be holding the US back. дальше »
2019-9-2 14:00 | |
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Malta-based Binance promises to work with regulators for its Venus project
After Facebook’s crypto-project, Libra, managed to grab the attention of crypto-paparazzi for all the wrong reasons, many entities have attempted to fill the void that Libra may be leaving. The Matla-based crypto-exhchange, Binance, is one of those entities and it aims to grab more headlines, especially after it recently launched Binance X. дальше »
2019-8-31 21:30 | |
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Binance Believes it can Manage Regulatory Issues Better than Libra
After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019. дальше »
2019-8-31 15:00 | |
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Switzerland Central Bank Discusses Libra Cryptocurrency with Regulators
Switzerland National Bank’s (SNB) Vice Chairman, Fritz Zurbruegg has revealed that the apex bank is currently holding serious talks with relevant authorities across the globe concerning Facebook’s global cryptocurrency project, Libra, according to a Reuters report on August 27, 2019. дальше »
2019-8-28 19:00 | |
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Telegram October Crypto Launch Pits It Against Binance… And Regulators
Telegram has announced it will launch its own cryptocurrency as soon as October, sources have said, in a direct move against Facebook Libra. Sources: Gram Cryptocurrency To Appear By October 31 Speaking to the New York Times on August 27, three anonymous investors said that Telegram had confirmed the issuance of its Gram tokens would soon start. дальше »
2019-8-28 19:00 | |
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Swiss Regulators Award First Banking Licenses to Blockchain Banks
FINMA, Switzerland’s financial regulatory body, recently awarded its first banking and securities dealers’ licenses to two Swiss blockchain banks, according to a report by Finews on August 26, 2019. The license comes after the regulatory body released a guideline regarding cryptocurrency and blockchain in the country. дальше »
2019-8-28 12:15 | |
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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators
Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy. дальше »
2019-8-27 14:31 | |
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Swiss Regulator Grants First-Ever Banking Licenses to 2 Blockchain Firms
By CCN Markets: Blockchain projects around the world have been seeking approval, or for that matter, concrete guidance, from regulators such as FINMA for the last several years. FINMA, the Swiss financial regulatory watchdog, has approved two requests for banking licenses. дальше »
2019-8-27 22:30 | |
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Switzerland Meeting Does Little To Quell Libra Doubts
Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project. дальше »
2019-8-27 19:31 | |
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After Visiting Switzerland, US Regulators Remain Worried About Facebook’s Libra
Coinspeaker After Visiting Switzerland, US Regulators Remain Worried About Facebook’s LibraFollowing a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. дальше »
2019-8-26 11:09 | |
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CNBC Analyst Slams Facebook Libra, Champions Bitcoin
Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. дальше »
2019-8-24 22:00 | |
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