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Mixed Messages As Bank of England Deputy Governor Says Crypto Not A Threat
The Bank of England (BoE) Deputy Governor Jon Cunliffe dismissed the notion that crypto poses a threat to macro-financial stability. Meanwhile, recent weeks have seen global regulators come down hard on the crypto sector, with Binance feeling the brunt of the force. дальше »
2021-7-15 03:00 | |
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CBDC might become single point of failure in itself: BoE exec
Bank of England's Deputy Governor Sir Jon Cunliffe is the latest one to address CBDCs and stablecoins. Referring to cryptocurrency as a new wave of technological development, he stated that crypto adoThe post CBDC might become single point of failure in itself: BoE exec appeared first on AMBCrypto. дальше »
2020-3-2 15:00 | |
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Upbit Exchange Execs Cleared of Fraud Charges in South Korea
The Seoul Southern District Court has acquitted senior executives at Upbit crypto exchange of fraud charges. Insufficient Evidence Against Upbit Chiefs Delivering judgment on the matter, Deputy Judge Oh Sang-yong dismissed the 30-count criminal fraud and market manipulation charges leveled against the Upbit directors for lack of evidence. дальше »
2020-2-1 18:00 | |
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Bitcoin Mining Hotspot Iran Drafts Electricity Tariffs for Crypto Miners
The government of Iran has opted to introduce specific electricity prices for cryptocurrency mining. The west Asian country, which has had a complicated relationship with cryptocurrency in the past, plans to set prices around the same tariffs that are used for exporting electricity. дальше »
2019-7-22 15:32 | |
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Iranian Authorities Disagree on Whether Bitcoin Is Legal
The crypto community in Iran is still riding a roller coaster as the country seeks to bring its economy forward. Even though the country has expressed its interest in digital assets, enthusiasts cannot be very optimistic yet. дальше »
2019-7-10 02:15 | |
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Crypto Assets Won’t Allow Central Banks to Boost Negative Minus Rate Effect: Bank of Japan’s Deputy Governor
Masayoshi Amamiya, the Deputy Governor of the Bank of Japan (BoJ) dismissed the idea that central banks can boost the effectiveness of negative interest rate policies by issuing digital currencies, on Friday, reported Reuters. дальше »
2019-7-5 19:47 | |
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Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan
The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets дальше »
2019-7-6 17:36 | |
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Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation
According to local reports, Russia will not go out of its way to ban Libra, a crypto asset created by the Libra Association, an international consortium started by Facebook. Alexei Moisseev, the deputy finance minister of Russia, told publications that a legislative framework for crypto assets will soon be formed and Libra is likely to […] The post Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation appeared first on CCN Markets дальше »
2019-7-2 17:17 | |
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Iran Removes Subsidy for Crypto Miners
The Deputy Minister for Energy, Homayoun Haeri, stated that cryptocurrency miners in Iran will no longer have access to the country’s electricity subsidy, and must pay the full cost to run miners, as reported by Financial Tribune on June 10, 2019. дальше »
2019-6-11 15:00 | |
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Iran’s Energy Minister Wants Crypto Miners Charged Real Electricity Prices
Iran’s deputy energy minister has said that power bills for crypto mining should be calculated in real electricity prices and no longer subsidized
дальше »2019-6-11 14:04 | |
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Indian Bitcoin Trader Commits Suicide Over Losses Trading Crypto for Local Officials
A Bitcoin trader from India has taken his own life after being threatened by senior police in relation to losses he incurred whilst trading crypto assets on their behalf. Bharat Patel hanged himself on Sunday, leaving a suicide note for his widow. дальше »
2019-5-21 00:03 | |
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English Bank Governor Speaks About Small Size Of The Crypto Market Not Being a Threat To Financial Stability
The deputy governor of the Bank of England, Dave Ramsden, has said that the crypto market is too volatile… The post English Bank Governor Speaks About Small Size Of The Crypto Market Not Being a Threat To Financial Stability appeared first on Invest In Blockchain. дальше »
2019-5-1 10:48 | |
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Bank of England Gov: Bitcoin Doesn’t Satisfy the Principles of Currency
By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency. дальше »
2019-5-1 03:00 | |
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UK Central Bank Deputy Governor Dave Ramsden: Crypto Is Not a Store of Value
The deputy governor of U.K.’s central bank said that crypto assets are too volatile to be a store of value
дальше »2019-4-30 18:17 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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Japan’s Finance Minister Urges Reporters to Adopt New Legal Term ‘Crypto Assets’
Japan’s Minister of Finance and Deputy Prime Minister Taro Aso urged reporters to stop referring to virtual currencies and switch to the newly-proposed legal name crypto assets
дальше »2019-4-25 12:58 | |
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NY Regulator-Flagged ‘North Korean Crypto Accounts’ Were South Korean: Bittrex
By CCN. com: Four days after New York State Department of Financial Services’ executive deputy superintendent for banking Shirin Emami disclosed in an op-ed that having North Korean users on its platform was part of the reason Bittrex was denied a virtual currency business license, the cryptocurrency exchange has come out forcefully to deny the claim. дальше »
2019-4-23 12:53 | |
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Huobi Considers Foothold In Argentina
Popular Singapore-based cryptocurrency exchange Huobi may have found a new landing point in South America. After meetings between Huobi Group executives and senior Argentinian finance officials, potential business arrangements are likely in the works. дальше »
2019-3-29 21:25 | |
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Crypto Firms Flock to Estonia: Is the Country’s E-Residency Program a Giant Loophole for Money-Laundering?
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. дальше »
2019-2-2 15:30 | |
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Crypto Cards Are Legal in Russia, According to the Finance Ministry
Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles. дальше »
2019-1-18 22:01 | |
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Eurasian Economic Union (EAEU) Backed Cryptocurrency Inevitable Says Russia’s MinFin
Eurasian Economic Union (EAEU) Backed Virtual Currency Inevitable Says Russian Minister A major Russian media outlet has reported that their Finance minister thinks Eurasian Economic Union (EAEU) backed crypto is inevitable due to the United States sanctions. дальше »
2018-12-23 19:08 | |
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Russian Parliament Postpones Adoption of Digital Assets Bill
The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. дальше »
2018-12-20 21:00 | |
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Dec 13th Crypto News Recap – Basis Shut Down, Iran Mining, Google Searches, German Exchange, and More [VIDEO]
No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […] дальше »
2018-12-14 00:17 | |
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Too Big To Fail: Why XRP Might Escape A Securities Classification
It may be too late for XRP to be classed as a security. At least that’s the opinion of two independent legal experts who have explained to Crypto Briefing that any regulatory clarity gained would be far outweighed by costs, or even the negative effects it would have on the sector. дальше »
2018-11-26 21:39 | |
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US Department of Justice and FEC Take Aim at ICO Crypto Token Projects
Rod Rosenstein, the US Deputy Attorney General spoke at Interpol’s 87th General Assembly and there, he stated that international cooperation on cryptocurrency regulation is necessary. He mentioned that regulators should: “Work together to make clear that the rule of law can reach the entire blockchain. дальше »
2018-11-24 18:17 | |
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Rosenstein Targets ICOs, FEC May Permit Political Donations Through Crypto Mining
In recent regulatory news, the U.S. deputy attorney general has called for international cooperation on cryptocurrency regulation. Separately, the U.S. Federal Election Commission (FEC) has prepared a draft advisory that could allow political donations in the form of mining power, while the Alabama Securities Commission has estimated that the state has brought forward 20 percent […] The post Rosenstein Targets ICOs, FEC May Permit Political Donations Through Crypto Mining appeared first on Bitcoin News. дальше »
2018-11-23 02:40 | |
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Deputy Attorney General Rod Rosenstein Says Regulators Should Investigate Crypto Crimes
The U. S. Deputy Attorney General Rod Rosenstein is worried about criminals hiding themselves behind cryptocurrencies. He has also called for wider cooperation on the international stage to investigate crimes related to virtual currencies. дальше »
2018-11-20 05:14 | |
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Ripple’s Brad Garlinghouse: Regulatory Clarity Drives Crypto and Blockchain Adoption
Ripple’s CEO, Brad Garlinghouse, recently sat down for a chat with IMF’s Deputy General Counsel Ross Leckow. The conversation took place at Monday’s Singapore Fintech Festival. In the dialogue, the two exchanged ideas on the opportunities that blockchain technology and digital assets provide for the financial institutions in the ASEAN (Association of Southeast Asian Nations) region. дальше »
2018-11-13 11:31 | |
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Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes
South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism. дальше »
2018-11-9 00:00 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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Yao Qian Of PBoC’s Crypto Lab to Join China Securities Depository and Clearing Corporation (CSDC)
Yao Qian, the former architect of China's central bank digital currency (CBDC)left his position and has now taken up the role of general manager at the China Securities Depository and Clearing Corporation (CSDC). дальше »
2018-10-16 00:25 | |
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Israel is Saving Millions for Crypto Investors, Cuts Down Crypto Taxes by 50%
Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation. дальше »
2018-10-10 00:11 | |
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Russian Ministry of Finance calls on crypto companies "not to launder money and not to deceive"
The main demand of the Russian financial authorities for cryptocurrency companies is compliance with money antilaundering rules and fundamental absence of fraud, said the deputy head of the Russian Ministry of Finance. дальше »
2018-9-7 20:52 | |
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Crypto Tax And ICO Regulations In The United Kingdom
“We want to approach this in the same way as we approach other bits of the fintech sector in that we don’t want to stifle innovation, particularly in relation to the underlying technology, but equally we want to manage the risk. дальше »
2018-8-31 16:15 | |
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Top Crypto Exchanges Join Winklevosses’ Self-Regulatory Organization
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. дальше »
2018-8-22 23:39 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. дальше »
2018-8-7 23:23 | |
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Coinbase Renews Money Transmitter License in Wyoming, Reopens Services in State
Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. дальше »
2018-8-7 23:08 | |
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Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action
In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to […] The post Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action appeared first on Bitcoin News. дальше »
2018-7-25 02:05 | |
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Ex-Regulator Targets Crypto, Fintech Companies with New Consulting Venture
Raj Date, the founder of Fenway Summer Ventures and former CFPB deputy director, is launching a consulting business to help cryptocurrency and fintech companies deal with regulatory challenges.
дальше »2018-7-13 14:06 | |
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Donald Trump Establishes Executive Order For Consumer Protection From Bitcoin
President of the United States of America, Donald Trump, is alleged to have established an executive order with the US Department of Justice (DOJ) to ensure that cryptocurrency related crime falls as part of a special consumer protection entity within the DOJ. дальше »
2018-7-12 14:00 | |
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Philippines Encircle Crytocurrency: Exchanges Delivered Provisional Licenses
Economy & Regulation The Philippines Cagayan Economic Zone Authority (CEZA) announced it granted three cryptocurrency exchanges provisional license to operate. Philippines Grants Three Licenses to Crypto Exchanges “These are offshore companies, and they have committed investments of $1 million each,” stated Raymundo T. дальше »
2018-7-11 15:11 | |
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Central Bank Of The Philippines Approves Two New Crypto Exchanges
On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […] дальше »
2018-7-7 20:17 | |
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