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Central bank says Libra must operate like a bank if it’s to launch in UK

The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »

2019-10-9 15:12


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Creating a Reputation Based Global P2P On-Ramp for Ethereum (ETH)

The fundamental ethos of decentralized cryptocurrencies is to give individuals the ability to take back charge of their finances and future. With impending regulatory backlash working against this dream, and many P2P facilitators like LocalBitcoin giving in to the fear, Dether promises a new way of accessing the new age of financial innovation with aRead MoreRead More. дальше »

2019-10-8 16:33


Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?

Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto. дальше »

2019-10-8 16:30


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Ripple CEO Says No Libra Before 2023 While Continuing XRP Controversy

Facebook’s digital currency Libra will not become a reality until at least 2023, the CEO of one of its would-be competitors says. Garlinghouse: I’d Bet Libra Fails To Launch In 3 Years In an interview with Fortune’s Balancing the Ledger on October 7, Ripple chief Brad Garlinghouse became the latest voice to go public with doubts about Libra. дальше »

2019-10-8 15:00


UK’s FCA toughens stance on crypto-businesses with new wave of investigations

The Financial Conduct Authority [FCA], a British regulatory watchdog, has been pushing for a blanket ban on Bitcoin derivatives in the name of consumer protection for a while now. However, despite many users responding by stating that crypto-derivatives are like any other derivatives and are just as risky, the FCA continues to move towards a […] The post UK’s FCA toughens stance on crypto-businesses with new wave of investigations appeared first on AMBCrypto. дальше »

2019-10-7 15:04


Ethereum (ETH) Price Prediction 2019 & 2020 – Future Forecast For ETH Price

Year in Review Even though the price dropped almost 90 percent, Ethereum was still one of the most active and vivacious projects in 2018 as it has seen increase in developer interest, expansion of the developer pool, incremented growth of useful dApps regulatory certainty, and institutional interest indicating that Ethereum is anything but dead. дальше »

2019-10-7 01:10


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Liechtenstein Adopts Token Act to Attract Crypto Business

One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. дальше »

2019-10-6 20:45


PayPal Officially Bows Out From Facebook’s Libra Crypto Coin Project

The Libra Association and the whole existence of Facebook’s Libra project took a pretty strong hit today. PayPal has just officially withdrawn from the Libra Association. We reported earlier today that PayPal was thinking about leaving due to regulatory backlash and it seems that it finally happened. Now, a spokesperson from PayPal affirmed that the […] дальше »

2019-10-5 01:52


US House Committee Wants Zuckerberg’s Feet to Touch the Flame, Testify About Libra Coin

The regulatory scrutiny over Libra in the United States continues. Now, the House Financial Services Committee of the country has recently invited more people who work on Facebook to testify. The latest two executives that were invited were Facebook’s COO Sheryl Sandberg and CEO Mark Zuckerberg, who will need to attend before January 2020. Sandberg […] дальше »

2019-10-4 20:27


CoinShares Aims For IPO, But London Regulators Cause Second Thoughts

CoinShares is preparing for an initial public offering, but a chilly regulatory climate means that the London-based asset management firm may have to list its shares elsewhere. Daniel Masters, CoinShares’ Executive Chairman, has revealed some of the company’s plans to Crypto Briefing, including the appointment of a new Chief Operations Officer. дальше »

2019-10-5 18:40


OKEx To Form A ‘Self Regulatory Organization’ To Standardized Exchange Compliance Polices

Malta based crypto exchange OKEx is looking to make crypto exchanges self-regulated for a while. The organization will be similar to FINRA in the United States, FINMA in Switzerland, The World Federation of Stock Exchanges, and the World Economic Forum, OKEx is engaging exchanges and market participants in the global crypto trading community to become […] дальше »

2019-10-4 16:47


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Cryptocurrency firm slapped with cease-and-desist after impersonating registered financial adviser

Missouri-based cryptocurrency company Mavixbtc Limited has been handed a cease-and-desist order for allegedly misleading investors. The company, based in St. Louis, misled the public through its website, which falsely claimed to be registered with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. дальше »

2019-10-3 16:30


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Bithumb To Enter Indian Bitcoin Market, Set for Talks with Govt Regulators

South Korean bitcoin exchange giant Bithumb is seeking to enter the Indian market with talks lined up with relevant government agencies about the matter. Bithumb Set to Partner with Indian Bitcoin Exchanges According to The Economic Times of India, Bithumb wants to partner with local bitcoin exchanges in the country in setting up a regulated platform. дальше »

2019-10-3 10:59


Facebook’s Libra can allow an ‘external overseeing body’ to check the Reserve and quell regulatory concerns 

Facebook could be spied on. Libra has a “love to hate it” problem. Facebook’s cryptocurrency foray, if you can call it that, has been called a lot of names. It has been banned in two European countries, called a national security threat by the United States, hailed as the death knell for the dollarization of […] The post Facebook’s Libra can allow an ‘external overseeing body’ to check the Reserve and quell regulatory concerns  appeared first on AMBCrypto. дальше »

2019-10-2 18:00


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FINMA Chief Fears Unregulated Cryptocurrency Offerings, Open to Libra Deployment

Mark Branson, the head of FINMA, is more worried about cryptocurrency networks being developed behind the scenes and scaling to a height where they cannot be stopped. While Libra is open to regulatory collaboration, there are plenty of projects that are being developed in silent and spreading through cyberspace, as per Reuters, October 1, 2019. дальше »

2019-10-2 15:00