Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). дальше »

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This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion

Eight years ago, Fred Wilson, a co-founder of New York-based venture capital firm Union Square Ventures, invested $2. 5 million in then-unknown crypto exchange Coinbase—and that recently became the company’s most profitable exit, Bloomberg pointed out yesterday. дальше »

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Binance Becomes Limited Partner In Crypto Hedge Fund With Investment in Multicoin Capital

The largest crypto exchange in terms of volume, Binance, has announced that it has invested in Multicoin Capital. Binance joins renowned investment firms such as Union Square Ventures, Ribbit Capital, and Marc Andreessen in backing the Texas-based crypto investment startup. дальше »

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Ethereum Layer 2 Development Investing Round Led by Union Square Ventures

A Series A funding round for Matter Labs’ Layer 2 zkSync scaling protocol has been announced. Its goal is to bring the Solidity smart contract language to the platform. The round has been led by some big names in the crypto and internet security industries including early Twitter investor Union Square Ventures (USV), Cloudflare, Firebase, … Continued The post Ethereum Layer 2 Development Investing Round Led by Union Square Ventures appeared first on BeInCrypto. дальше »

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Europol arrests hackers that stole $100 million in crypto through SIM-swapping

European Union Agency for Law Enforcement Cooperation, better known as Europol arrested a criminal gang who hacked more than $100 million in cryptocurrencies by illegally gaining access to the phones The post Europol arrests hackers that stole $100 million in crypto through SIM-swapping appeared first on AMBCrypto. дальше »

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Press association joins crypto users to kick against Assange’s prosecution

A coalition of 24 groups, including Amnesty International and the American Civil Liberties Union, has asked the new head of the Justice Department to reconsider the case against Wikileak’s publisher Julian Assange. дальше »

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Crypto payment gateway COINQVEST gets EU provider license

CryptoNinjas » Crypto payment gateway COINQVEST gets EU provider license COINQVEST, a cryptocurrency payment gateway, and API solution, today announced the approval of its application for the European Union Virtual Currency Service Provider License from the Estonian Government. дальше »

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USV set to allocate 30% of its core fund to crypto

New York-based Union Square Venture expects to inject a notable fraction of its freshly…

The post USV set to allocate 30% of its core fund to crypto appeared first on Coin Journal.

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End of Western Union Remittance Service to Cuba a Boon for Crypto

As new U. S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. дальше »

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Decentralized Finance Firm, UNION, Raises $3.9M to Expand Risk Management Protection

UNION, a defi risk management firm, raised $3. 9 million in a funding round, which drew participation from several crypto trading companies and venture capital firms. Some of the key firms that led the funding round include 3 Commas, Solidity Ventures, AAM, Spark Digital Capital, Alameda Research, Black Edge Capital, and Alpha Chain. дальше »

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French Finance Minister Criticizes Crypto But Praises The Underlying “Transparency” of Blockchain Technology

French Finance minister accepts blockchain technology's brilliance but dismisses cryptocurrency assets as a facilitator of illicit activities and terrorist financing. Earlier in the year, the French Economy, Finance and Recovery minister, Bruno Le Maire, suggested that European Union member states, need to come up with rules and regulations that can be used in the zone […] The post French Finance Minister Criticizes Crypto But Praises The Underlying “Transparency” of Blockchain Technology first appeared on BitcoinExchangeGuide. дальше »

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EU proposes regulatory framework for crypto and blockchain

This week, the European Union put forward a new framework regarding the legality of...

The post EU proposes regulatory framework for crypto and blockchain appeared first on Coin Journal.

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EU to Launch Comprehensive Crypto Regulation by 2024: Report

The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency. дальше »

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New EU Rules To Institute Crypto For Cross-Border Payments By 2024

Two new European Union documents have proposed a four-year window for incorporating crypto assets into the E. U. ’s payment infrastructure. The documents include plans for the E. U. executive to put forward a law to iron out any regulatory kinks and if necessary create new regulation for crypto adoption in the E. дальше »

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Cryptocurrency Firms to Benefit from Streamlined Regulatory Process Coming in 48 States

Top financial regulators from 48 States in the US have come together to establish and streamline the process to register and approve crypto and fintech firms. Fintech companies such as PayPal, Western Union, and Cryptocurrency firms like Paxful, Coinbase, and Square will be able to expand faster and more easily in the US. The new […] дальше »

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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law

The European Commission, the executive arm of the E. U. , has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. дальше »

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Can Payment Services Drive the ‘Fourth Industrial Revolution’ in Crypto?

The legislative body of the European Union is concluding the proposal for the region’s first cryptocurrency and digital finance framework. With tokenized securities, payment solutions, and DeFi on the rise, this grants industry businesses opportunities to leverage their legitimacy and open their doors to the broader consumer market. дальше »

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European Union (EU) Proposes the Creation of a Single Market for Trading Cryptocurrencies

At the tail end of 2020, the European Union (EU) Commission should complete its work on digital finance and the results will be clearly defined crypto laws helping the sector flourish.   Crypto is Here to Stay This is according to a report published by IFCReview on Aug 20, citing previous comments by Valdis Dombrovskis, the EU ExecutiveRead MoreRead More. дальше »

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Binance Denies Report It Was Blocked From Installing Its CEO on Board of Failing Bank

Crypto exchange Binance said the FMA had not rejected an application for CEO Changpeng Zhao to join the board of the now-defunct Union Bank. дальше »

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Romania Is on the Way to Blockchain and Crypto Regulation

The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. дальше »

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After Swipe Acquisition, Binance to Roll Out Crypto Powered Card in European Union This August

Binance Card set to launch in August this year in the European Economic Area (EEA) with the U. K to follow later, a statement from Binance confirms. The debit card allows users to shop and buy from millions of VISA accepted merchants across the world using four cryptocurrencies. дальше »

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KickEX New Deposit Contest; Make a deposit on the exchange and win 100 USDT!

On July 1, a new deposit contest has started on KickEX, a next-gen crypto exchange, licensed and regulated in the European Union. It specializes in advanced trading features suitable for both beginnerThe post KickEX New Deposit Contest; Make a deposit on the exchange and win 100 USDT! appeared first on AMBCrypto. дальше »

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Crypto Lending Platform Cred Onboards Former Western Union and PwC Executives

Crypto lending and borrowing firm Cred announces the addition of new executives to its team дальше »

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Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015. дальше »

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EU’s Law Enforcement Agency, Europol, Targets Bitcoin Privacy Tool Wasabi Wallet

Europol, the European Union’s Law Enforcement Agency recently released a two-part report analyzing the impact of privacy tools in crimes related to cryptocurrency. Privacy tools such as Wasabi wallets are used by individuals to hide the origin of crypto transactions. дальше »

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ConsenSys Backed Nomisma Exchange Cleared by European Union to Trade Crypto Derivatives

Nomisma crypto exchange has become the first crypto derivatives platform to get a regulatory nod from the Liechtenstein Financial Market Authority to operate a blockchain-based Multilateral Trading Facility (MTF). дальше »

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Crypto.com Rolls Out Visa Card to 31 European Nations

Crypto.com is now shipping its crypto-to-fiat card, the MCO Visa, across the European Union. дальше »

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KR1 invests in Ethereum-built credit mutual project Union Finance

KR1, a blockchain asset and crypto investment firm, today announced that it has invested a total of USD $75,000 in the Union Finance project. KR1 will receive a yet-to-be-determined amount of discounted tokens from this seed round participation. дальше »

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Dutch Bitcoin Companies Face Millions in “Unusual” AML Fees

As each member of the European Union turns the fifth anti-money laundering directive (AMLD5) into law, some member states are going above and beyond what has been recommended. In Holland,...The post Dutch Bitcoin Companies Face Millions in “Unusual” AML Fees appeared first on Crypto Briefing. дальше »

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Crypto Regulation: EU Proposes Novel Approach to Industry “Gray Areas”

European Union (EU) lawmakers have released a report detailing possible approaches towards crypto regulations for some of the industry’s “gray areas,” which include mining, stablecoins, and token sales like initial coin offerings (ICOs). дальше »

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Opera Browser Brings Seamless Crypto Buying to EU Countries

Norwegian web browser Opera has expanded its crypto services to include the European Union (EU) countries in addition to four other countries, through a collaboration with Wyre, a U. S. -based cryptocurrency remittance platform. дальше »

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P2P fiat-crypto gateway Ramp receives open banking license in Europe

Ramp, a Warsaw-based crypto payment gateway, announced it has received an Open Banking License in Europe. The firm was authorized by The Polish Financial Supervision Authority (KNF). The license will allow for faster, simpler and cheaper processing of crypto transactions for users in the European Union. дальше »

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CoinDCX CEO pens open letter to India’s Finance Minister on crypto potential

Ahead of the 2020 Union Budget of India, arguably the most challenging of Prime Minister Narendra Modi’s government—Sumit Gupta, CEO and Co-Founder of CoinDCX, India’s largest cryptocurrency trading platform, and liquidity aggregator, has written an open letter to the Finance Minister of India, Nirmala Sitharaman, on the potential of India’s cryptocurrency sector to invigorate the […] CryptoNinjas: CoinDCX CEO pens open letter to India’s Finance Minister on crypto potential дальше »

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Crypto Exchanges Facing Greater Compliance Costs as AMLD5 Comes into Effect

With the European Union (EU) member states adopting the Fifth Anti-Money Laundering Directive (AMLD5), crypto exchanges in the region could see their compliance costs rise significantly. Meanwhile, financial regulators in the U. дальше »

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With New Regulations, Europe’s Crypto Companies May Be Running Out of Options

European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. дальше »

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EU Countries Commence Crypto Regulations as Mandated by New Directive

The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. дальше »

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Deribit Crypto Derivatives Exchange Moves Operations to Panama in Response to EU’s 5AMLD

The Fifth Anti-Money Laundering Directive (5AMLD) set to be adopted by the European Union is slowly forcing out crypto firms operating in the region. Deribit, a digital currency derivatives exchange based in the Netherlands, is the latest to announce an exit from the EU. дальше »

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BitHD to provide cold wallet security for crypto exchange Bibox

Bibox, a cryptocurrency exchange company, has announced a new strategic partnership with BitHD, to join the “BitHD Multisig Union” program. The BitHD team will provide Bibox with a full range of customized wallet security services, including ERC20-based multisig solutions. дальше »

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Smoking Gun: Dutch central bank caught overreaching in local crypto businesses

The upcoming fifth Anti-Money Laundering Directive (AMLD5) within the European Union (EU) has already spelled the end for smaller crypto firms on the continent. In the latest, however, a secret memo between the Dutch Central Bank and the Minister of Finance indicates that crypto companies in Holland may face additional rules that go beyond what […] The post Smoking Gun: Dutch central bank caught overreaching in local crypto businesses appeared first on CryptoSlate. дальше »

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Crypto exchange Poloniex offers 65% APR on USDC deposits, but community cries foul

Popular cryptocurrency exchange Poloniex shocked the crypto industry when they announced that they would be offering an unprecedented interest rate to users looking to engage in USDC and USDT lending, offering interest rates as high as 65 percent APR to customers located in the European Union. дальше »

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Fintech Firm Amun Gets SFSA Regulatory Approval To Offer Its Crypto ETP In European Union

Amun, a fintech asset management firm based in Switzerland which was offering its crypto Exchange Traded Product (ETP) in Germany and Switzerland has got the approval from Swedish Financial Supervisory Authority (SFSA), to offer its product in European Union and Sweden. дальше »

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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […] дальше »

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MoneyGram Is “Now Live” With XRP And Ripple

One of the largest providers of global money transfers is ready for cryptocurrency. MoneyGram, which ranks just behind Western Union in cross-border transfers, is now ready to use Ripple’s xRapid network, which uses the XRP currency. дальше »

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Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency

One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already […] The post Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency appeared first on CCN Markets дальше »

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Finnish-Based Crypto Broker Prasos Granted EU’s Payment Institution License (PIL)

Prasos, a Helsinki based company offering crypto brokerage and exchange services has finally been granted a Payment Institution License (PIL) to operate within the European Union, CoinDesk reports. Announcing the new developments, Prasos Limited indicated that it was only the third company dealing with cryptos to be awarded with the licence in Europe. The license […] дальше »

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No Bitcoin Regulation Talk in India’s Union Budget 2019; Good News?

India’s Finance Minister Nirmala Sitharaman presented the country’s Union Budget for 2019-2020, and there was no mention of Bitcoin or cryptocurrency regulation. Some crypto watchers interpret it as a positive sign. дальше »

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Is Facebook’s Libra the birth of a regulation-friendly cryptocurrency?

When the time comes for the ultimate decision, either cryptocurrency or fiat must stoop to form the new status quo for finance. Facebook’s entry into the crypto space stirred the pot, bringing focus on crypto’s role within the existing market regulations. дальше »

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German State-Backed Crypto To Set Ball Rolling On E-Euro As Facebook Libra Fears Mount

Germany’s Christian Democratic Union (CDU) and sister party the Bavaria-based Christian Social Union (CSU) have released a joint report calling for the setting up of a German euro-backed stablecoin cryptocurrency. дальше »

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Zimbabwe Trade Union Demands More Stable Currency, This is Why Crypto is Important

A Zimbabwean government policy to ban the use of the US dollar and other currencies has been met with bitter opposition by the largest trade union in the country. The ongoing spat highlights the need for people to have the kind of free choice of currency that crypto assets can provide. дальше »

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Europol Nabs Crypto Thieves Behind International $27 Million Heist

The European Union Agency for Law Enforcement Cooperation (Europol) executed six arrests in connection with an investigation into an international $27 million heist that scammed victims into depositing funds at a fake crypto exchange. дальше »

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