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FATF to Strengthen Control Over Crypto Exchanges to Prevent Money Laundering
21.6.2019
At the plenary session today, the FATF focused on greater regulation of cryptocurrency to stop its usage in money laundering
FATF Decides to Tighten Crypto Regulation - Report
21.6.2019
Marshall Billingslea, the President of the FATF. Source: Twitter, the FATF
The Financial Action Task Force (FATF), a multi-government body, told governments to tighten oversight of cryptocurrency exchanges to stop digital coins being used to launder cash, Reuters reported, citing a statement...
As Brazil’s Economy Risks Recession, Regulators and Banks Implement Blockchain
21.6.2019
Brazil loves crypto, so regulators and banks are looking toward understanding and regulating it
Japan’s Financial Watchdog Orders Hacked Exchange Zaif to Improve Business
21.6.2019
Japan’s financial regulator, the Financial Service Agency, has issued a business improvement order to Japanese investment firm and Zaif crypto exchange operator Fisco
G7 Forming Task Force in Response Facebook’s Libra Cryptocurrency
21.6.2019
France is setting up a task force within the Group of Seven nations to examine regulatory issues raised by Facebook's Libra cryptocurrency
France Creates G7 Taskforce to Examine Facebook’s Libra, Crypto Regulation
21.6.2019
A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra
Indian Government Shed Light on Proposed Crypto Regulation
21.6.2019
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...
Japan Watchdog Orders Improvements After Fisco Crypto Exchange ‘Violations’
21.6.2019
Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog
Facebook Has Not Applied for RBI Approval to Operate Libra in India: Report
20.6.2019
Facebook has reportedly not applied for approval in India for operating its upcoming cryptocurrency Libra project
Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange
20.6.2019
LVC Corporation, the crypto- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining an FSA-issued crypto exchange operating license
Live Streaming Startup YouNow Files SEC Filing for Compliant Token Earning for App Users
20.6.2019
Live streaming startup YouNow, which created the decentralized video ecosystem Props, has filed a public offering with the U.S. SEC to allow users to compliantly earn tokens
US Fed Chair: Facebook's Libra Carries Both Benefits and Risks
20.6.2019
Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra project
Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
20.6.2019
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...
Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
19.6.2019
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
RegulatorsDebate Cryptocurrency Legislation Ahead of G20 Summit
19.6.2019
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions
Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
19.6.2019
Russian parliament will adopt the country’s major crypto bill, “On Digital Financial Assets,” in the next two weeks, according to the deputy finance minister
Legislators Endorse Virtual Asset Summit Convened in Response to Coming FATF Crypto Rules
19.6.2019
Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses to forthcoming crypto sector guidance from the FATF
Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty
19.6.2019
Bancor is bowing to unclear regulatory forces in the U.S. by blocking trading for local users starting in July
Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor
19.6.2019
Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney
Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto
18.6.2019
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held