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Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
US Regulatory Body Gets Restraining Order Against Telegram and TON Issuer
12.10.2019
In the highly dynamic world of digital currencies, nothing can be aforesaid until it happens in reality as its almost impossible to assess the future outcomes easily. The recent news about the giant messaging app the Telegram Group being halted by the SEC had indeed taken the cryptocurrency arena...
Bank of England Drafts Out Regulatory Measures for Facebook’s Libra Cryptocurrency
11.10.2019
Facebook-led stablecoin project, Libra has managed to grab the attention of financial leaders all around the world, surprisingly, for all the negative reasons. It has been subject to backlash from regulatory authorities globally concerning its vulnerability to upset the financial scenario in...
Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
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...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
South Korea Is Hoping for Regulatory Clarity as Crypto Laws Toughen
6.10.2019
Are 97% of Korean exchanges really on the verge of closure? Banks have been putting pressure on local players, but recent developments show the situation can finally change
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
Crypto Rating Council Is Out to Help Change US Regulatory Landscape
4.10.2019
The Crypto Rating Council (CRC) boasts of a number of high profile members including Coinbase, Kraken and Bittrex
Financial Stability Board: Stablecoins ‘May Pose Regulatory Challenges’
4.10.2019
Stablecoins could pose “regulatory challenges,” says Randall Quarles, chair of the Financial Stability Board
PayPal May Ditch Facebook’s Libra Over ‘Regulatory Scrutiny’: Report
4.10.2019
PayPal no show at Facebook’s Libra meeting sparks cold feet rumors
Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
2.10.2019
Bitcoin investor Zhao Dong speaks about Tether’s yuan-backed stablecoin and crypto investing in China
Harbor’s Regulatory Wait Ends as FINRA Awards Crypto Broker-Dealer License
27.9.2019
Harbor's broker-dealer licensing breaks a lengthy standoff between aspiring crypto broker-dealers and the U.S. regulators who approve them
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Blockstack CEO Backs US Regulatory Outlook on Crypto
24.9.2019
Notable co-founder and CEO of blockchain-based computing network, Blockstack, Muneeb Ali has created a buzz with his statement on crypto regulatory regime. The spearhead in a recent interview on CNBC’s “Squawk Box” stated that he was cautiously optimistic about the regulatory pull emphasized by...
CC Forum – Blockchain and AI Investment Forum
20.9.2019
14-16 October 2019 will see one of the world's major industry events. Following our highly successful inaugural edition in London last October as well as our the joint edition with the Maltese partners this May, the second edition of CC Forum London will connect global thought leaders, policy...
Korean Crypto Exchanges Plan to Adopt FATF Rules for Regulatory Control
4.9.2019
Cryptocurrencies are fast emerging as a secured and potential substitute to fiat currency. The high risks associated with the digital currency have put it under the scrutiny of the financial experts. Recently, the chief of South Korea’s reputed cryptocurrency exchange Upbit said that the leading...
Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
3.9.2019
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...
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
3.9.2019
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill...
Binance Proposes Venus To Be Regulatory Focused Stablecoin Platform
31.8.2019
Facebook, the social media giant, has become the center of attraction of financial discussions since the news of the launch of its cryptocurrency, Libra. Being one of the most anticipated projects, Libra, on the contrary, had to face a lot of backlashes owing to its security and regulatory...
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty