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Ripple Boosts Blockchain Advocacy Efforts With New Washington DC Office
22.10.2019
Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech
UK Gov’t: FCA Will Make Final Decision on Banning Crypto Derivatives
22.10.2019
The U.K. government has stressed that is up to the “operationally independent” financial regulator, not the executive, to decide on a proposed crypto derivatives ban
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”
Telegram Backer Sought Circle Listing Before SEC Halted Token Launch
22.10.2019
A backer of Telegram's blockchain project asked Circle's Poloniex exchange to list the gram token before the SEC halted issuance, court papers show
China’s Cyberspace Watchdog Approves 309 More Blockchain Services
22.10.2019
China’s cyberspace watchdog approves 309 more blockchain service providers
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
22.10.2019
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative...
Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million
22.10.2019
Terpin plans to distribute his letter to a major mobile industry conference
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
21.10.2019
Blockchain firm Algorand announced that it is now certified for Sharia-compliant financing by Bahrain’s Shariyah Review Bureau
FATF Starts Checking How Well Countries Implement Crypto Standards
21.10.2019
The Financial Action Task Force (FATF) has agreed on how it will assess whether countries have taken the necessary steps to implement the crypto-related requirements. “Given the global nature of the virtual asset industry, it is essential that countries implement these requirements...
What Role Should Central Banks Have Launching Stablecoins Like Libra?
21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored
Bitfinex Attempts to Recover $880 Million in New Court Filing
21.10.2019
Bitfinex’s parent company filed an application in an attempt to recover $880 million
Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate
Minister Says India, Like Other Nations, Extremely Cautious on Libra
21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra
Crypto and Blockchain News From Japan: Oct. 14–20 in Review
21.10.2019
This week’s selected cryptocurrency and blockchain news from Japan, courtesy of Cointelegraph Japan
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
20.10.2019
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
Libra Loses Key Members, Potentially Forked — Still Looks Confident
20.10.2019
Libra is acting confident ahead of Zuckerberg’s testimony before U.S. regulators — even despite losing a quarter of its members
How to Trade Crypto in Person Safely
20.10.2019
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many...
Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings
19.10.2019
In letter to investors, Telegram calls February hearings “a positive step” in process of determining that Gram tokens are not securities