2022-4-9 20:15 |
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal.
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Blockchain Services Network (BSN) has revealed plans to launch a non-fungible tokens (NFT) infrastructure dubbed the BSN-Distributed Digital Certificate (BSN-DDC) before the end of January 2022. The proposed BSN-DDC platform will enable businesses and individuals to develop NFT-supporting solutions that do not rely on cryptocurrencies.
2022-1-14 00:00 | |
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An executive of the Bank of Japan (BOJ) said that Japan’s proposed central bank digital currency (CBDC) will be a simple design and one that can be used alongside existing private payment services.
2021-10-16 23:00 | |
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South American nation, Paraguay, has proposed a bill that will legally recognize Bitcoin (BTC/USD) as its official currency. The move is coming after El Salvador made a similar proposal, making Bitcoin legally accepted for the payment of goods and services.
2021-6-27 11:55 | |
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Bitcoin trading and custody services provider NYDIG has filed for a Bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). Morgan Stanley will serve as the proposed authorized participant, as per the NYDIG's S-1 filing published on Tuesday.
2021-2-17 21:07 | |
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The Office of the Comptroller of the Currency (OCC), the US's national bank regulator, has proposed a rule that would forbid banks from providing their services to legal industries, including cryptocurrency companies.
2020-11-22 20:00 | |
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Jewel, a proposed digital asset bank in Bermuda, has been added as one of the clients to Anchorage’s digital asset custodial services. The yet to be approved digital asset bank announced on September 16, noting that the move will be beneficial to crypto companies based on the island.
2020-9-17 19:23 | |
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Under the partnership, Anchorage will provide crypto custody services to Jewel, which is applying for its full bank license in Bermuda.
2020-9-17 19:18 | |
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The chair of Senate’s powerful committee in charge of banking, Sen. Mike Crapo (R-Idaho), has asked the Office of the Comptroller of the Currency (OCC) to update his committee on its recent Advanced Notice of Proposed Rulemaking in regards to crypto services.
2020-9-4 22:38 | |
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The United States Office of the Comptroller of the Currency (OCC) has received over 90 responses from various stakeholders’ in the financial services sector on its advanced notice of proposed rulemaking (ANPR) issued last month.
2020-8-13 18:05 | |
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Republic, an inclusive investing platform and technology services provider, today announced its proposed initiative to build a tokenized security on the Algorand blockchain. With nearly 500,000 users, the crowdfunding and private syndication arms of Republic have raised capital for over 170 startups in the past three years; facilitating $67.
2020-3-17 16:49 | |
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Under the guise of fighting against online child pornography, American politicians are trying to effectively ban end-to-end encryption on all communication technology platforms for everyone. Newly proposed legislation could force companies like Apple, Google and Facebook to create back doors on their services to make sure law enforcement can easily monitor everything they want or […] The post US Politicians Want to Ban End-to-End Encryption on Messaging Services like Telegram and Whatsapp appeared first on Bitcoin News.
2020-2-2 22:15 | |
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The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years.
2019-12-12 14:10 | |
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Financial Services Committee Chair Maxine Waters said that she is still not pleased with Facebook's proposed Libra stablecoin.
2019-10-24 03:38 | |
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Luxury electric car maker, Karma Automotive, now has a Bitcoin (BTC) payment option for its models. The firm is now ahead of Tesla, which has so far only toyed with the idea proposed by the crypto community.
2019-10-17 15:30 | |
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Coinspeaker U. S. Congress Hearing With the SEC: The Journey So FarThe earlier proposed hearing by the Committee on Financial Services began with the SEC and tackled several issues regarding cryptocurrency, the SEC’s function, Facebook’s Libra, as well as blockchain technology.
2019-9-25 12:42 | |
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Bitwise has chosen BNY Mellon to be the transfer agent for its Bitcoin ETF, while Foreside Fund Services will be the marketing agent and Cohen & Company will act as auditor
2019-9-12 04:25 | |
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The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes.
2019-8-28 23:00 | |
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India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban.
2019-7-30 16:07 | |
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The government of Australia wants to ban cash payments for goods and services exceeding 10,000 AUD ($6,900). Interestingly, it excludes digital currency, such as Bitcoin, from the restrictions, arguing that if the regulations cover crypto assets, they would also limit innovation.
2019-7-30 02:00 | |
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Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments.
2019-7-29 09:21 | |
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Almost two years after a major data breach hit Equifax, the company has finally agreed to a global settlement with the US Federal Trade Commission (FTC). As per the proposed terms of the deal, the consumer credit reporting agency will shell out as much as $700 million to settle with federal agencies and 50 US states and territories.
2019-7-23 09:37 | |
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The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services.
2019-7-16 15:00 | |
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We called our ecosystem OZOTOP. This is the robotic decentralized society based on the TON blockchain. It's a community of experts regulated by bots (scripts, robots, algorithms) OZOTOP's MVP will include: * voting system * escrow-service * dispute resolution system * rating system * development of each user professionalism stimulation system * designer for creating new smart-contracts with a further presentation of the proposed interaction format for general discussion and voting * Telegram-bots store for different interactions between users Members of our society will interact with the aid of robots and make payments between each other with OZO coin In our society model a certain robot manager is assigned to each expert.
2019-7-6 10:33 | |
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According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with "real-name accounts" issued by local financial institutions.
2019-6-25 22:54 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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The U. S. Securities and Exchange Commission (SEC) has posted a new proposal from Crescent Crypto Index Services, a subsidiary of Crescent Asset Management, for the launch of a crypto-backed exchange-traded fund (ETF).
2019-5-11 19:39 | |
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Bittrex, a United States–based cryptocurrency exchange platform, has issued a response to the recent setback in its plans to expand to New York. Yesterday, the New York State Department of Financial Services (NYDFS) rejected the exchange's BitLicense application, a requirement for offering crypto-based services to New Yorkers.
2019-4-12 19:57 | |
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Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.
2019-3-21 21:27 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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Georgia lawmakers worry that rural residents don’t have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu.
2019-2-13 15:15 | |
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Georgia lawmakers worry that rural residents don’t have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu.
2019-2-13 15:15 | |
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The Chicago Board of Exchange (Cboe) is pulling the plug on the SolidX and VanEck bitcoin exchange traded fund (ETF) proposal, adding another twist to a regulatory saga that can’t seem to find an ending.
2019-1-24 23:53 | |
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A licensing system should be introduced for crypto services, according to official advice received by Pete Hoekstra, the Netherlands’ Minister of Finance
2019-1-20 16:31 | |
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Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services.
2018-12-29 09:15 | |
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Switzerland‘s state-run postal and telecoms services are hellbent on building a national blockchain in a bid to recruit local businesses to convert to distributed ledger technology (DLT). Swiss Post and Swisscom have shared details of joint-venture to build a completely private Swiss blockchain for launching locally operated “decentralized” applications.
2018-12-6 14:11 | |
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Today, November 14, 2018, the New York State Department of Financial Services (DFS) announced that it has approved the application of NYDIG Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.
2018-11-15 01:22 | |
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First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.
2018-10-24 22:00 | |
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Over the weekend, the White House released a memo saying the Department of Health and Human Services is seeking to revise the definition of “sex. ” As reported by The New York Times, the absolutely bollocks memo details how the Trump administration wants to define sex by the genitalia a person is born with.
2018-10-22 12:53 | |
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On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings.
2018-10-4 22:10 | |
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Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.
2018-9-29 23:18 | |
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CoinGate, a bitcoin payment processor, has launched bitcoin Lightning Network payments on its platform, bringing the option to accept Lightning payments to its 4,000 clients.
2018-9-7 18:47 | |
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The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
2018-8-28 20:18 | |
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Some of the crypto industry’s biggest exchanges are joining with the Winklevosses in an effort to bring self-regulation to a market that many perceive to be fly-by-night and unstructured.
2018-8-22 23:39 | |
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ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision.
2018-7-30 18:41 | |
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As cryptocurrency exchanges eagerly await the RBI ban ruling, a government agency has proposed using virtual currencies as payment for legalized gambling services in India. What a great week for Bitcoin! It broke through the $8,000 barrier and is taking the lion’s share of market dominance.
2018-7-26 20:00 | |
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Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.
2018-7-20 23:45 | |
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According to the U. S. Patent and Trademark Office [USPTO], American Express filed a patent related to blockchain technology on 12th January 2017. The giant financial corporation’s patent refers to a proof-of-payment system based on the blockchain.
2018-7-15 02:19 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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Ultroneum’s ambition is to build a cashless Global Multi Financial Services Mobile Gateway where all payments’ and transactions’ needs can be fulfilled using both supported cryptocurrencies and supported conventional currencies as an interchangeable financial instrument.
2018-7-8 18:00 | |
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The European Central Bank is urging faster action on the digital euro as legislative delays risk hindering progress amid growing global competition. The digital euro project is facing delays in the European Union, with the European Central Bank urging faster…
In a bid to enhance Anti-Money Laundering (AML) measures, the European Banking Authority (EBA) has expanded Travel Rules guidelines to include crypto service providers and their intermediaries. Starting December 30, crypto exchanges in the EU will need to comply with…
France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.
Authorities in Austria, along with counterparts in three other nations, have taken decisive action against an online scam masquerading as a new cryptocurrency venture. In a press release on May 8, the European Justice for Criminal Justice Corporation disclosed the…
The Bank of England is introducing sweeping regulations for stablecoins and digital currencies, but some lawmakers question whether a digital pound is needed at all.
The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and…
The proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into effect starting in June 2024.