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4 US Lawmakers Join Call to Freeze Facebook’s Libra Project
3.7.2019
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday
UK Financial Watchdog Grants License to London-Based Crypto Asset Firm
2.7.2019
London-based Prime Factor Capital has received FCA approval to operate as a cryptocurrency investment management firm
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
1.7.2019
The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read:...
Singapore To Open Fintech Innovation To Further Strengthen Financial System
1.7.2019
As far as innovations in the financial world are concerned, Fintech has been the biggest development in the industry over the past half a decade or so. In that regard, it is not really a surprise that Singapore, one of the world’s most important financial hubs, has become a hotbed for Fintech...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
How to Keep Bitcoin Cash Transactions Private
28.6.2019
There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto...
PR: Incent – A Crypto Rewards Platform
27.6.2019
Amid a surge in income-generating smartphone apps, Incent is making itself heard. The crypto rewards platform offers a unique opportunity for regular shoppers to earn a passive income.
The post PR: Incent – A Crypto Rewards Platform appeared first on Bitcoin News
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
25.6.2019
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing
Financial Commission Approves A-Category Membership of Trade99
24.6.2019
The Financial Commission approved the A-Category membership of Trade99 on 4th June 2019. The Financial Commission is an independent EDR (External Dispute Resolution) organization that is dedicated to the industry of foreign exchange. Trade99, on the other hand, offers a digital currency-backed...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...
Japan’s Financial Watchdog Orders Hacked Exchange Zaif to Improve Business
21.6.2019
Japan’s financial regulator, the Financial Service Agency, has issued a business improvement order to Japanese investment firm and Zaif crypto exchange operator Fisco
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...
China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto
19.6.2019
WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto
Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project
19.6.2019
Chair of House Financial Services Committee requests moratorium on development of Facebook’s Project Libra
Experts Cite Specialization as Key to Blockchain’s Incorporation Into Financial Services
18.6.2019
Executives from Digital Asset, ISDA, UBS, and Barclays discussed further development of enterprise-grade versions of blockchain technology
A New Bitcoin Exchange Point On the Colombian-Venezuelan Border Will Help Refugees
18.6.2019
Refugees can use a new POS to purchase goods, food, and services when they leave Venezuela
PR: Legislators Support V20 Summit in Response to New FATF Rules
18.6.2019
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs)...