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Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7
18.7.2019
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation
Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report
18.7.2019
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT
Watch Today’s Facebook Libra Hearing at the House Financial Services Committee
17.7.2019
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project
SEC Begins Green-Lighting Token Offerings
17.7.2019
The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read:...
France’s Financial Watchdog Proposes ‘Voluntary’ Regulatory Framework for Crypto Firms
17.7.2019
In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements
How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy
17.7.2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual...
It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says
17.7.2019
Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says Jeff Bandman
Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options
16.7.2019
Cuba highlights the difference between bitcoin and corporate token projects like Libra
German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro
16.7.2019
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide
16.7.2019
Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
16.7.2019
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption
Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech
16.7.2019
U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."
Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
15.7.2019
Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week
UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime
15.7.2019
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets
What Trump’s Bitcoin Tweet Changes
15.7.2019
Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment
John McAfee Says It’s Impossible To Regulate Cryptocurrencies, As Regulation Will Only Hurt Users
13.7.2019
After Donald Trump’s remark on Bitcoin and altcoins, crypto enthusiasts, stakeholders, and promoters have come out with strong reactions. While some asked Trump to invite crypto leaders to understand the industry as his advisors were misleading him, others thought that this is just another...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...