Regulation - Tag Archives - Cryptonews (Page 146)

Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’

The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system.The comments were made by the head of the...

, by Tim Alper

‘The Game Has Changed,’ Says Arthur Hayes As BitMEX to Verify All Its Traders

Major crypto derivatives exchange BitMEX said it will ask all its customers to complete ID checks within the next 6 months if they want to to continue trading on the platform."The game has changed, and so have we; keep a stiff upper lip," tweeted Arthur Hayes, Co-founder and CEO of the company. The...

, by Linas Kmieliauskas

Facebook Dives Deeper Into Payments + 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.Payments news Social media giant Facebook created Facebook Financial (called F2 internally), a new group to pursue payments and...

, by Sead Fadilpašić

OKEx CEO Says Indian Crypto Ban ‘Unlikely’, Has 3 Scenarios in Mind

Major crypto exchange OKEx opened the doors of their new platform in India, amidst speculations that another crypto ban might be incoming. This scenario the exchange's CEO finds unlikely to happen, describing the platform's first day of trading as a "huge success." On August 5, the exchange...

, by Sead Fadilpašić

Regulate Bitcoin or Risk Speculative Bubble, Warns Japanese FSA

The new chief of the top Japanese financial regulator, the Financial Services Agency (FSA), has spoken out about crypto-related concerns – and said that “deregulating bitcoin” could likely “just boost speculation.”Speaking to Reuters, FSA commissioner Ryozo Himino...

, by Tim Alper

Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + 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 newsPayments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the...

, by Sead Fadilpašić

Lobbyist Asks US Regulator to Let Banks Deal In Privacy Coins

One of America’s biggest pro-crypto lobby groups has launched a bid to persuade regulators to help adoption – opening the door for banks to get involved in crypto-powered finance and accept privacy coins too.The call came in an open letter from Coin Center to the American Office of the...

, by Tim Alper

Russian Lawyers Warn E-pay Laws May Have Knock-on Effects for Bitcoin

A new Russian law banning anonymous fiat deposits in e-pay wallets like PayPal may have an effect on crypto users, legal experts in the country have warned.A new law governing digital payment systems came into force in Russia on August 3. The law forces operators such as PayPal and domestic rivals...

, by Tim Alper

South Korean Politician Pushes for Tougher Crypto Exchange AML Rules

More restrictive anti-money laundering (AML) compliance measures could be incoming for South Korean crypto exchanges after a lawmaker lodged a private member’s bill in the National Assembly.The National Assembly, South Korea’s parliament, will likely debate and vote on the bill,...

, by Tim Alper

USD 1m Rich Bitcoin Addresses Up 38%, KR1 Made USD 2.6m + 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 news After a recent bitcoin (BTC) rally, the number of BTC addresses holding at least USD 1m has surged by 38% to...

, by Tim Alper

Chinese Arbitration Body Says Crypto Crackdown ‘Isn’t a Bitcoin Ban’

Beijing’s local arbiter has attempted to clarify the government’s stance on bitcoin (BTC) – and stated that the world’s most notorious crypto ban is not exactly a “ban” per se.In an unprecedented move from a Chinese legal body, the Beijing Arbitration Commission...

, by Tim Alper

Buda CEO: Exchanges Must Comply or Risk Damaging the Crypto Industry

The head of Chile’s market-leading crypto exchange Buda said that crypto exchanges must hurry up and comply with government regulations or risk oblivion – and further damage to the wider crypto asset industry.In a podcast interview with Criptonoticias, Buda founder and CEO Guillermo...

, by Tim Alper

Russian Roulette: Central Bank Calls Crypto Investment ‘Gambling’

The crypto-skeptic Russian Central Bank (CB) has taken another swipe at crypto – equating investment in digital tokens to “playing roulette” or investing in “pyramid schemes.” Meanwhile, some experts have suggested that new Russian “suspicious funds”...

, by Tim Alper

Legend of Mir Developer Plays For Success In Blockchain Gaming Market

Gaming companies in this ultra-competitive field have decided to bet big on blockchain technology. Wemade Tree targets the global market. Blockchain-powered Legend of Mir title is on its way. Regulations estimated to become "comparatively moderate."When it comes to fast-growing businesses, very...

, by Tim Alper

BTC-funded Escape, 1,000 Twitter “Gods,” Bitcoin Suisse Gets USD 49m + 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.Legal newsEx-Nissan chief Carlos Ghosn’s son sent some USD 500,000 in bitcoin (BTC) to an American suspected of helping Ghosn...

, by Sead Fadilpašić

It Might Be ‘too Early to Celebrate’ Russia’s New Crypto Law

Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin.A local expert has hinted that when policymakers decided to divide the “On Digital...

, by Tim Alper

# Regulation (Page 146)

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