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Crypto Custodians Grapple With Germany’s New Rules
26.12.2019
While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law
Japan Hosting World Conference to Discuss Decentralized Financial Governance
26.12.2019
Following the consensus reached at the G20 leaders’ summit on the importance of discussing better governance for the decentralized financial ecosystem, Japan’s top financial regulator is hosting a global blockchain conference to discuss the subject. The regulator is welcoming...
Crypto Firms Can Now Apply for a License in France
26.12.2019
The license is optional for crypto firms operating in France, but firms can use the license in marketing themselves to institutional clients
Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins
26.12.2019
Russia’s central bank starts testing stablecoins and doesn’t assume that they will act as a payment method and become a substitute of money
Binance Blockade of Wasabi Wallet Could Point to a Crypto Crack-Up
26.12.2019
2020 may see crypto’s most consequential fork yet: A split between the worlds of regulated exchanges and privacy-focused users
Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies
25.12.2019
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with...
Paraguay Audits Local Crypto Industry to Prepare for FATF-Style Regulations
24.12.2019
Paraguay has conducted a mass audit of local cryptocurrency businesses, paving the way for the country’s first virtual asset regulations in 2020
Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020
24.12.2019
Crypto-related investments are among the top five investor threats for 2020 according to the oldest international investor protection organization, the NASAA
Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government
24.12.2019
New forex reforms in China will reportedly deal with the country’s cryptocurrency policy as well
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding
23.12.2019
SEC-registered crypto brokerage BitOoda secures $7 million in funding from investors including former senior investment exec at JPMorgan
Thomson Reuters Partners With Verady On Tool To Tackle Crypto Taxes
23.12.2019
Thomson Reuters partners with Verady to bring a new crypto tax tool to market
Poloniex Allows Up to $10,000 Daily Withdrawals for KYC-Less Accounts
23.12.2019
Poloniex now allows users to withdraw up to $10,000 per day without confirming their identity
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
23.12.2019
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover...
SEC Will Rule on Wilson Phoenix Bitcoin ETF Proposal By Feb. 2020
23.12.2019
The SEC has said it will rule on the Bitcoin and T-Bills ETF proposal from Wilshire Phoenix Fund by late February 2020
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
Regulatory Issues Need More Clarity in 2020
22.12.2019
In this state of regulatory uncertainty, blockchain conferences help to find common ground between founders, developers and regulators
Binance Returns Frozen BTC After User ‘Promises’ Not to Use CoinJoin
21.12.2019
Binance says it “does not tolerate” Bitcoin privacy tools such as CoinJoin as it refunds Wasabi wallet user
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...