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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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U.K. Banks Warned to Be Careful With Cryptocurrencies
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »
2018-6-29 18:17 | |
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Cryptocurrency to Fiat Transactions Remain High in the Philippines
The Filipino central bank has revealed that the trade between fiat and cryptocurrencies on authorized bitcoin exchanges in the Philippines has maintained its high level for the country from the boom time of late 2017 during the first quarter of this year. дальше »
2018-6-27 23:35 | |
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Are You Breaking The Law By Trading Cryptocurrencies Without A License?
Cambodian authorities have now announced that domestic investors are required to obtain a license in order to allow them to buy, sell or trade cryptocurrencies. Without a license, these activities would now be considered illegal. дальше »
2018-6-20 13:00 | |
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Bbva Bank Ceo Calls Blockchain ‘Immature’
Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish дальше »
2018-6-20 05:34 | |
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Cambodian Regulators Say Dealing in Crypto Without License Is Illegal
Dealing in crypto without obtaining a license from authorities has been declared illegal in Cambodia, in a joint statement released today by the country’s central bank
дальше »2018-6-20 20:30 | |
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Big Brother Is Watching As Venezuelan Authorities Move To Monitor Bank Accounts
Reports out today suggest that the Venezuelan Government have now started to monitor traditional bank accounts in order to source and locate cryptocurrency related transactions. Those found to be engaging within cryptocurrency are to be severely punished. дальше »
2018-6-15 17:30 | |
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Reserve Bank of India Banned Cryptocurrency Out of Ignorance, Ban Might Soon Be Lifted
2018 has been a year of crypto regulations. After the massive bull run of 2017, twenty eighteen came in with an entirely different spirit, with various regulatory authorities formulating all kinds of laws to govern the Cryptospace. дальше »
2018-6-14 17:31 | |
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