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Live Streaming Startup YouNow Files SEC Filing for Compliant Token Earning for App Users
20.6.2019
Live streaming startup YouNow, which created the decentralized video ecosystem Props, has filed a public offering with the U.S. SEC to allow users to compliantly earn tokens
US Fed Chair: Facebook's Libra Carries Both Benefits and Risks
20.6.2019
Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra project
Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
20.6.2019
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...
Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
19.6.2019
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
RegulatorsDebate Cryptocurrency Legislation Ahead of G20 Summit
19.6.2019
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions
Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
19.6.2019
Russian parliament will adopt the country’s major crypto bill, “On Digital Financial Assets,” in the next two weeks, according to the deputy finance minister
Legislators Endorse Virtual Asset Summit Convened in Response to Coming FATF Crypto Rules
19.6.2019
Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses to forthcoming crypto sector guidance from the FATF
Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty
19.6.2019
Bancor is bowing to unclear regulatory forces in the U.S. by blocking trading for local users starting in July
Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor
19.6.2019
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney
Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto
18.6.2019
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held
US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme
18.6.2019
The CFTC has brought an action against now-defunct entity Control-Finance, which reportedly defrauded over 1,000 investors to launder $147 million in bitcoin
There’s a Second Token: A Breakdown of Facebook’s Blockchain Economy
18.6.2019
In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
18.6.2019
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit...
Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain
18.6.2019
“This initiative is an answer to great transformation”, the regulators said
Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld
17.6.2019
Spanish bank Santander has lost an appeal to a Brazilian court’s decision regarding cryptocurrency exchange Mercado Bitcoin
Russia’s Central Bank Is Considering Launching a Digital Currency
17.6.2019
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency
Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch
17.6.2019
Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups
Korean Crypto Exchanges Update T&Cs to Accept Liability for Hacks
17.6.2019
Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues
Indian Crypto Community Petitions Government for Regulation
16.6.2019
Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired...
It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake
15.6.2019
The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes