Новости о Bank Act [ Фото новости ] [ Свежие новости ] | |
Top UN Blockchain Expert Believes Digital Currencies And CBDC’s Pose a Threat To Bank Accounts
Massimo Buonomo, a United Nations global blockchain and fintech expert, said the rising development of CBDCs and the low interest (negative) rates offered in commercial bank accounts may act as a catalyst to make corporate bank accounts obsolete. дальше »
2020-6-6 22:45 | |
|
FinCEN Director Blanco Concerned About Bad Actors Hijacking Crypto
The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. дальше »
2020-5-28 23:04 | |
|
|
Banks May Be Taking Stimulus Checks from Indebted Americans [Opinion]
Banks are not prevented from taking the money being direct-deposited into checking accounts if the recipient has significant debts. Since last week, Americans have been reporting that their CARES Act payments from Congress are finally appearing in their bank accounts. дальше »
2020-4-16 12:15 | |
|
|
Bank of England Doubles Down on Digital Currency Plans
The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13, 2020. дальше »
2020-3-13 14:00 | |
|
|
Governments Get Aggressive & MMT is Coming Ahead of Bitcoin Halving
Investor confidence was tested today as Federal Reserve Chairman – Jerome Powell – suggests that the central bank may not have the firepower to combat the next recession. To soothe investor fears, Powell issued a short statement on Friday, reaffirming that the central bank would use its tools and “act as appropriate to support the […] дальше »
2020-2-29 22:34 | |
|
|
Bitcoin Can Only Act As A Hedge Against A Loss Of Confidence In Fiat And Payment System: JPMorgan
According to JP Morgan Chase and Co. ’s 74-page report later this week states, the digital money will change the financial world. “2019 will be remembered for the rise of digital money,” the bank said in its report. дальше »
2020-2-24 22:15 | |
|
|
Bank Frick welcomes arrival of Liechtenstein Blockchain Act
The Blockchain Act sees Europe’s most comprehensive blockchain regulation come into effect in Liechtenstein. The Blockchain Act creates far-reaching legal certainty for the still fledgling blockchain industry and therefore plays a key role in its professionalization. дальше »
2020-1-22 13:49 | |
|
|
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
U. S. -based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. дальше »
2020-1-16 14:20 | |
|
|
Lithuanian Central Bank Launches A Digital Currency, But It’s Not What You Think
The Act of Independence of Lithuania has been a major event in the history of this country, and it will soon be honored in the blockchain industry, according to board member Marius Jurgilas. According to a recent press release from the Bank of Lithuania, the financial institution will be releasing a digital collector coin, based […] дальше »
2019-12-10 00:46 | |
|
|
Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M
Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports. дальше »
2019-7-29 10:55 | |
|
|
Bitcoin Suisse Joins Crypto Companies Looking To Become Swiss Banks
Bitcoin Suisse, the Switzerland-based cryptocurrency broker, has taken the first steps to becoming a bonafide bank, the company has revealed. Bitcoin Suisse Applies For Banking, Securities License In a press release issued on July 16, Bitcoin Suisse, which already offers various crypto-focused financial services, also committed to using the Swiss regulatory system for its future expansion. дальше »
2019-7-19 19:00 | |
|
|
Facebook’s Libra ‘Too dangerous’ to Operate Without Rules, Warns ECB Official
Facebook’s motto has been to move fast and break things. That battle cry is about to be tested as regulators across the world are being urged to act even faster and prevent the tech firm from developing its Libra cryptocurrency in a ‘regulatory void’. дальше »
2019-7-9 11:17 | |
|
|
BOJ’s Amamiya: Facebook’s Libra User Base Could Be ‘Enormous’
The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future. дальше »
2019-7-6 22:10 | |
|
|
Bank of America: Facebook’s Libra Could Act as an Endorsement of Crypto; Here’s What Analysts Think
The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow. дальше »
2019-6-18 01:00 | |
|
|
EU Central Bank Executive Shares the Potential Upside to a Central Bank Digital Currency (CBDCs)
After the rise of Bitcoin, several central banks around the world have started to talk about something often known as a Central Bank Digital Currency (CBDC). These tokens would act as digital money that would be emitted by the Central Bank. дальше »
2019-5-28 01:25 | |
|
|
Russia Central Bank Mulls Gold Standard for National Cryptocurrency
Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. дальше »
2019-5-26 01:00 | |
|
|
FinCEN Issues Clear Guidance to Money Services Businesses (MSBs)
To serve as a reminder to persons who have the Bank Secrecy Act (BSA) obligations, the U. S. Financial Crimes Enforcement Network (FinCEN) on May 9, 2019, issued interpretive guidance. The guidance focuses on how FinCEN money services businesses (MSBs) regulations apply to certain ventures that deal with money transmission whose value is not denominated inRead MoreRead More. дальше »
2019-5-13 20:00 | |
|
|
Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
|
|
“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
|
|
U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. дальше »
2019-5-1 23:39 | |
|
|
FinCEN back on the bitcoin beat with civil penalty for peer-to-peer trader
After first issuing cryptocurrency guidance back in 2013, enforcement by the Financial Crimes Enforcement Network (FinCEN) has been out of the headlines in recent years. Now the bureau of the US Department of the Treasury is back on the bitcoin beat and taking action — dishing out a hefty fine to a prolific bitcoin trader accused of wilfully violating the Bank Secrecy Act by failing to register as an exchange. дальше »
2019-4-25 16:00 | |
|
|
FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations. дальше »
2019-4-20 23:38 | |
|
|
FinCEN Penalize Bitcoin Exchanger for Unlawful Practices
The United States Financial Crimes Enforcement Network (FinCEN) has ordered Eric Powers, the operator of a peer-to-peer Bitcoin exchange, to pay a fine of $35,000 for willfully violating the Bank Secrecy Act’s (BSA) registration for failing to register as a money services business, according to a press release on April 18, 2019. дальше »
2019-4-20 23:00 | |
|
|
Bitcoin [BTC]: Financial Crime Enforcement Network raises penalty on trader for violating banking norms
The number of illegal activities in the world of digital assets has always kept law enforcement agencies on their toes. New reports revealed that the Financial Crime Enforcement Network [FinCEN] of the United States has penalized Eric Powers, a peer to peer Bitcoin [BTC] trader for violating the Bank Secrecy Act and its sub-clauses, including, […] The post Bitcoin [BTC]: Financial Crime Enforcement Network raises penalty on trader for violating banking norms appeared first on AMBCrypto. дальше »
2019-4-20 22:30 | |
|
|
In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
|
|
LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
|
|
Federal Reserve Bank Stands Prepared to Study ‘Collapse of the Bitcoin Market’
When the Federal Reserve conducts stress tests to measure risk in the U. S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market. ” Indeed, the U. дальше »
2019-3-2 02:46 | |
|
|
Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
|
|
Pennsylvania Bank Department Says Crypto Businesses Don’t Need a Money Transmitter License
Banking and security department of Pennysliva have ruled out money transmitter licensing for crypto exchanges and service operators operating in the state. This was revealed in a new guideline published for digital currency businesses. дальше »
2019-1-24 14:40 | |
|
|
Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
|
|
FINRA Fines Morgan Stanley $5 Million for Sub-Standard Anti Money Laundering Practices
The American financial industry regulatory authority, FINRA, has fined wall Street bank Morgan Stanley for violating anti-money laundering (AML) rules over a period of five years, reported Finance Magnates on December 26, 2018. дальше »
2018-12-29 15:00 | |
|
|
BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
|
|
Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
|
|
In Cautionary Speech, Chairman Clayton Parrots SEC’s Bitcoin ETF Concerns
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF). дальше »
2018-11-29 21:56 | |
|
|
Singapore Delays Decision On Electronic Wallets And Crypto Tokens Regulatory Oversight
A proposal, the Payment Services Bill, was introduced to the parliament of Singapore in an effort use the country’s central bank to oversee the providers of payment services for cryptocurrency. It would specifically apply to providers that do not fall under the jurisdiction of the Money-Changing and Remittance Businesses Act or the Payment Systems Oversight […] дальше »
2018-11-28 11:56 | |
|
|
Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
|
|
Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
|
|
Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
|
|
Secure Your Cryptocurrency Funds with Hardware Wallets
Cryptocurrency traders know that there is a strong need to ensure that their cryptocurrency investments are secure and protected. Hence, there is a strong need for a secure wallet. Cryptocurrency wallets are a key element of the trading and investment process as they act as the real-world equivalent of bank vault where all the money The post Secure Your Cryptocurrency Funds with Hardware Wallets appeared first on ItsBlockchain. дальше »
2018-11-20 10:11 | |
|
|
Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin
A group under the Bank of Israel has published a report on a proposal to issue a national digital currency. The team, which was set up last November, has identified several potential advantages to the technology, but has advised the central bank not to act until other institutions throughout the world have done so first. дальше »
2018-11-7 20:10 | |
|
|
Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
|
|
In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
|
|
Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders
Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd. дальше »
2018-9-20 00:05 | |
|
|
Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
|
|
Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed
University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »
2018-9-13 18:07 | |
|
|