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Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
South Korea Is Hoping for Regulatory Clarity as Crypto Laws Toughen
6.10.2019
Are 97% of Korean exchanges really on the verge of closure? Banks have been putting pressure on local players, but recent developments show the situation can finally change
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
New York’s Financial Watchdog Is Hiring Another Crypto Superintendent
4.10.2019
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
4.10.2019
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
US House Committee Demands Zuckerberg Testify About Libra Before January
4.10.2019
The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January
US House Committee Pressuring Zuckerberg to Testify on Libra: Report
4.10.2019
Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra
India Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
4.10.2019
The police of Pune, India, can’t transfer $1.2 million in seized crypto due to India’s anti-cryptocurrency laws
Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service
3.10.2019
A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline
Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto
3.10.2019
The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front
OKEx to Found Crypto Exchange Compliance Self-Regulated Organization
3.10.2019
Crypto exchange OKEx announces the creation of a self-regulated organization aiming to standardize compliance practices
Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts
3.10.2019
The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators
Coinbase’s Chief Legal Counsel Tackles Crypto Ratings Concerns
3.10.2019
The chief legal counsel at Coinbase responds to concerns that conflicts of interest could compromise the company’s newly-created Crypto Ratings Council
Bithumb Global to Launch Regulated Crypto Exchange in India: Report
3.10.2019
Report: South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India
Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist
3.10.2019
St. Louis-based Mavixbtc allegedly promised 55-percent returns and falsely claimed to be registered with two watchdog organizations
European Competition Watchdog Fears Libra’s ‘Closed Economy’
3.10.2019
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy
US Lawmakers Ask Federal Reserve About National Digital Currency
3.10.2019
U.S. Representatives French Hill and Bill Foster have asked the Federal Reserve whether it will consider launching a national digital currency
US State of Ohio Suspends Service for Paying Taxes With Bitcoin
3.10.2019
Citing a possible regulatory issue with the program that allows Ohioans to pay taxes with crypto, state Treasurer Robert Sprague has suspended the service
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives
2.10.2019
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...