Regulation - Tag Archives - Cryptonews (Page 140)

FATF Signals More Pressure on Crypto Industry As It Moves ‘Too Slow’

International regulators have hinted that they may seek to block global stablecoins if their operators attempt to launch tokens in jurisdictions beyond their remit. Also, they suggested that they could be prepared to redouble their regulatory efforts as Virtual Asset Service Providers (VASPs)...

, by Tim Alper

FATF Preparing Regulation for P2P Crypto Trading Platforms

The Financial Action Task Force (FATF), the G7-founded intergovernmental organization that fights money laundering, has fired a warning shot at peer-to-peer (P2P) crypto exchange operators – stating that it is “now looking closely at P2P transactions that involve a Virtual Asset Service...

, by Tim Alper

SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker

A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models.The Travel Rule is part of a set...

, by Tim Alper

Binance CEO On Outsmarting Users From US, BoE On Protecting Banks + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Exchanges newsChangpeng Zhao, CEO of Binance, in an interview with Bloomberg, said that the company is "continually" trying to improve...

, by Sead Fadilpašić

Reversible Ethereum Transactions, Digital Oil Token + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Crypto adoption newsKirobo, the Tel Aviv-based startup that created an 'undo button' for previously irreversible Bitcoin (BTC)...

, by Sead Fadilpašić

6 Most Common Misconceptions About Bitcoin Picked by Lyn Alden

Bitcoin (BTC) is a bubble, too volatile, and has no value - are some of the most common misconceptions popular generalist investor and Swan Bitcoin, a BTC investing app, advisor, Lyn Alden, said she has noticed so far. Alden writes in her recent post that she turned bullish on bitcoin in April this...

, by Sead Fadilpašić

Response to Ray Dalio: Banning Bitcoin Is a ‘Game of Whack-a-Mole’

Following a statement by Ray Dalio, American billionaire investor, founder of major global investment firm Bridgewater Associates, that governments would outlaw bitcoin (BTC) should it get too big, multiple responses came out from the Cryptoverse on why this is impossible, or at the very least,...

, by Sead Fadilpašić

Russian Ministry Wants to Jail Citizens Who Don’t Declare Bitcoin Earnings

An expert has claimed that the Russian Ministry of Finance’s plans to hit crypto holders with jail time if they fail to declare their earnings may be misguided – and said that while “dirty” crypto deals regularly go through unchecked in the country’s capital, the...

, by Tim Alper

Binance.com Closing Another Door On Americans, Responsible For 7% Of Its Traffic

Amid regulatory uncertainty, major crypto exchange Binance seems to have finally taken a stricter approach to the 'no-US residents on Binance.com' policy, evicting them from the platform more than a year after the US platform was launched. In October, almost 7% of visits (n.b. - not visitors), or...

, by Sead Fadilpašić

Argentinean Crypto Bill Headed for Parliamentary Vote

Crypto is dominating the headlines across the board in Argentina, with an ambitious private member’s bill proposing the legalization of cryptoassets and the launch of a central bank digital currency (CBDC) heading toward a parliamentary vote.According to iProUp, the bill has been masterminded...

, by Tim Alper

Spanish Senate Green-lights Crypto, Blockchain & Fintech Sandbox

Crypto and blockchain advocates in Spain have cause for cheer after the country’s senate unanimously voted in favor of launching a new regulatory fintech testbed that will allow companies to launch blockchain, bitcoin (BTC) and other crypto-related projects.The Senate is Spain’s upper...

, by Tim Alper

Cryptoverse Might Face ‘More Aggressive’ SEC Under Biden

American President-elect Joe Biden could be set to unleash the regulatory hounds once he takes power in January – with an expert warning, “There will be a new [regulatory] sheriff in town, and they won't be friendly to business.”"When potential candidates start emerging, we are...

, by Tim Alper

EU Resolution Draft Seeks to Bypass Encryption – Report (UPDATED)

An alleged document has surfaced, per which the Council of the European Union is seeking to work with governments and industries to find a "balanced" way to bypass encryption and access people's personal electronic devices when a law enforcement investigation requires it, while still protecting...

, by Sead Fadilpašić

Crypto Regulation in 2021: The Piecemeal Approach & New Winds

2021 might bring a softening in the stance of many nations. Regulators to increasingly shape crypto into a consumer-friendly, sanitized product. Competition of who can provide the most attractive regulatory regime for the crypto industry might begin.2020 may have been a big year for cryptoassets,...

, by Simon Chandler

Bitpanda Eyes New Markets, Assets as Regulators Move ‘Into The Right Direction’

The recent crypto-related regulations are beneficial for both the industry and the end-user, as they not only bring more trust leading to more adoption, but are also harmonizing the crypto frameworks across Europe, Lukas Enzersdorfer-Konrad, Chief Operating Officer (COO) at Vienna-based digital...

, by Sead Fadilpašić

Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman

Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders.Although the draft bill does not make specific...

, by Tim Alper

# Regulation (Page 140)

Cryptonews in numbers