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Russia's financial watchdog suggests legal restriction on cryptos for this reason

Russia seems to be a long way from accepting any cryptocurrency as legal tender. Moscow partially regulated coins and tokens with the law dubbed “On Digital Financial Assets” became legally valid The post Russia's financial watchdog suggests legal restriction on cryptos for this reason appeared first on AMBCrypto. дальше »

2021-10-8 01:30


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Edward Snowden Predicts Massive Bitcoin Adoption by Governments

El Salvador became the first country in the world to officially recognize the cryptocurrency as legal tender this week. The news comes after President Nayib Bukele introduced legislation to accept the digital currency — alongside the US dollar — back in June and started to build out new financial infrastructure with the digital […] дальше »

2021-9-11 18:52


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ASTRA Brings Legal Assurance And Consumer Protection To DeFi And CBDCs Alike

Legal assurance and consumer protection are two crucial concepts in the financial world. Unfortunately, for cryptocurrencies and digital assets, those concepts are relatively tricky to come by. While central bank digital currencies get a lot of attention lately, the Astra Protocol team is working on a solution for cryptocurrency users.  The Rise Of Central BankRead More дальше »

2021-9-10 08:00


El Salvador mandates Bitcoin usage via Chivo wallet…or so it seems

During the last day preceding the controversial Bitcoin (BTC) legislation coming into effect in El Salvador, the legal advisor to the presidency, Javier Argueta, got caught in the local media web as contradictory statements about the obligation of entrepreneurs to use the government’s official digital wallet, dubbed Chivo, flooded the headlines. дальше »

2021-9-8 10:00


Panama's crypto-bill will make it 'compatible' with crypto-assets, digital economy

As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recenThe post Panama's crypto-bill will make it 'compatible' with crypto-assets, digital economy appeared first on AMBCrypto. дальше »

2021-9-8 03:00


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Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed?

As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz. дальше »

2021-9-3 17:56


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Jamaica: Central Bank Mandates Court Order for Monitoring Customer CBDC Transaction Data

The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite the technological ability to do so, interested authorities must not use customer’s digital wallet transactionRead More дальше »

2021-8-19 19:00


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Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets

The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. дальше »

2021-7-25 21:00


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SEC Chairman Gensler Says Some Stablecoins Could Qualify as Securities

Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More дальше »

2021-7-22 04:00


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Why India’s Proposed Bitcoin Ban Will Be Downright Ineffective

It’s been a season of legal ambiguity for the Indian cryptocurrency community, but the road ahead is looking less hazy as the latest development from the Indian Crypto trading scenes implies that the proposed Crypto-ban has done little to dissuade trading and investment interest in independent digital currencies like Bitcoin and Ethereum. Hence, a building […] дальше »

2021-4-6 15:41


Grayscale Confirms Liquidation of Its XRP Trust; Forced By SEC Legal Battle With Ripple

Grayscale has successfully sold off all XRP Investment Trust shares. The preemptive action is due to an industry-wide dissociation from XRP, following the SEC's suit. Grayscale Investments has confirmed its dissolution of all XRP holdings, marking yet another company dissociating itself from the embattled digital asset at a dire time. дальше »

2021-1-14 16:44


London-Based Financial App Threatens To Sue Libra Association Over Its Recent Name Switch to ‘DIEM’

Facebook-led Libra Association, which switched its name to Diem Association, faces a possible lawsuit from a London-based digital finance company bearing the same name. Is it ever going to get better for Facebook-led digital financial project, Diem Association? After a year of legal battles across the world – starting with the Senate hearing, the negative […] The post London-Based Financial App Threatens To Sue Libra Association Over Its Recent Name Switch to ‘DIEM’ first appeared on BitcoinExchangeGuide. дальше »

2020-12-8 18:27


BIS And Swiss National Bank Announce Findings of CBDC Pilot Program

Revealed on Dec 3, the BIS claims the results demonstrate the operational feasibility and legal workability of a digital franc used only for interbank settlement on a blockchain testnet. Project Helvetia Background In the works since 2019, the collaboration brought together the BIS, SNB, and financial market infrastructure provider SIX Group. дальше »

2020-12-5 22:13