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US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
15.3.2020
The U.S. Treasury is working to enforce sanctions in crypto but economic war risks isolating the country
US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians
15.3.2020
The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....
French Court Moves the BTC Chess Piece — How Will Regulators Respond?
15.3.2020
In the end, the actual classification of BTC in the Nanterre court case may be less important than the mere fact that it is being classified
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
Rhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place Explains
14.3.2020
Rhode Island’s recently introduced Blockchain Act also includes significant cryptocurrency implications
Cryptocurrency News From Japan: March 8-14 in Review
14.3.2020
This week’s news from Japan included BitFlyer hitting 2.5 million users, Tokai Tokyo Securities joining Japan’s STO group, and more
Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
13.3.2020
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East
Crypto Payments Firm Halts Operations Citing Singapore’s New Regulatory Regime
13.3.2020
Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules
Defining Cryptocurrency Is the Best Way to Kill It
13.3.2020
We should stop trying to classify cryptocurrency as a beast from another planet. Rather, we just need to accept it as the future of money
Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill
13.3.2020
Illinois will consider any crypto held by custodians as abandoned after five years of inactivity
New York Regulators Require Crypto Firms to Submit Coronavirus Plans
13.3.2020
Regulated crypto firms in New York City have been asked to draft detailed plans outlining how they will cope with the coronavirus outbreak
New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans
13.3.2020
NYDFS is asking all crypto firms operating in New York to create detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak
Some Indian Banks Are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions
13.3.2020
Indian legal experts contend that some banks in the country are still refusing services for crypto-related transactions, despite the Supreme Court’s ruling earlier this month
Bank of England Releases Discussion Paper on CBDCs
13.3.2020
The 57-page paper released by the UK’s central bank outlines how CBDCs could be introduced to existing markets
US State Reps Submit Bill Spurring Blockchain Innovation in Rhode Island
12.3.2020
Rhode Island state representatives introduce a new motion to further blockchain adoption
In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets
12.3.2020
The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis
Fintech in the United Kingdom After Brexit
12.3.2020
Post-Brexit world: The end of European citizens’ free movement into Britain could dramatically change the region’s fintech ecosystem
Chase Bank Settles Suit Over ‘Sky-High’ Credit Card Charges for Crypto Purchases
12.3.2020
The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies
French Regulators Propose a European Regulatory Sandbox for Security Tokens
12.3.2020
French regulators have suggested creating a regulatory sandbox for businesses to experiment with security tokens
Digital Pound Could Present ‘Challenges’ for UK, Says Mark Carney
12.3.2020
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K