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The Myth of Authority: Mnuchin Denies USD Is Used Criminally
22.7.2019
U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of...
UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns
22.7.2019
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users
FINRA Extends Deadline for Firms to Report Crypto Activity
22.7.2019
The self-regulatory body for brokers and exchanges has quietly extended its deadline for member firms to report their crypto activity
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Could Donald Trump Ban Bitcoin?
20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation
Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development
20.7.2019
Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH. Also read: Indian Government Breaks...
New Jersey Takes Online Market to Court Over 2018 Crypto Token Sale
19.7.2019
The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns
Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg
19.7.2019
Seychelles-based cryptocurrency exchange BitMEX is being probed by the U.S. Commodity Futures Trading Commission over client trades, Bloomberg says
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...
Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7
18.7.2019
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation
Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report
18.7.2019
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT
Watch Today’s Facebook Libra Hearing at the House Financial Services Committee
17.7.2019
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project
SEC Begins Green-Lighting Token Offerings
17.7.2019
The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims. Also read:...
France’s Financial Watchdog Proposes ‘Voluntary’ Regulatory Framework for Crypto Firms
17.7.2019
In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements
How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy
17.7.2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual...
It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says
17.7.2019
Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says Jeff Bandman
Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options
16.7.2019
Cuba highlights the difference between bitcoin and corporate token projects like Libra
German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro
16.7.2019
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide
16.7.2019
Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...