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New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authorized cryptocurrency-related company NYDIG to offer secure custody as well as trade execution services for several virtual currencies including Bitcoin Cash, Ether, XRP, and Bitcoin. дальше »

2018-11-15 17:00


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Bitcoin, Other Cryptocurrencies Could Surge in the Next Financial Crisis Says ShapeShift CEO

The cryptocurrency sector might end up becoming the biggest winner should the next global financial crisis happen. Shapeshift CEO Erik Voorhees argues that with the high debt level of most governments, a crisis could force them to print more money which will decrease the values of their respective currencies. дальше »

2018-11-13 17:59


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Without a Digital Currency, Sweden Faces the Privatization of Money

Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils. дальше »

2018-11-12 04:00


BitFinance: Safe Crypto Investment Wealth Management Platform?

The financial markets are worth trillions of dollars. They also encompass more than just stocks and currencies. There is a whole market of alternative investments worth well over $15 trillion. This money is distributed across more than 10,000 assets, so there are a lot of investment options to choose from. Unfortunately, this market is closed […] дальше »

2018-11-6 07:07


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Brazil’s Tax Authority Goes After Cryptocurrency Profits

Brazil’s tax authority has published proposals to regulate the cryptocurrency landscape over concerns digital assets are being used to launder money and evade tax. A document released by the Department of Federal Revenue of Brasil (RFB) disclosed plans that will force cryptocurrency traders to reveal their identities and for exchanges to submit financial reports to […] The post Brazil’s Tax Authority Goes After Cryptocurrency Profits appeared first on Bitcoin News. дальше »

2018-11-3 13:00


Taiwan Amends AML/CFT Laws, Includes Regulatory Requirements for Cryptocurrency Operations

Taiwan’s legislature has amended the country’s anti-money laundering and terrorism financing prevention laws to include regulatory requirements for cryptocurrency transactions. Taiwan’s Anti Money Laundering Regulations for Cryptocurrency According to Focus Taiwan, the amendments grant the country’s top financial regulator (FSC) the power to clamp down on anonymous cryptocurrency transactions. дальше »

2018-11-3 22:57


Report: “Full Quarter” of Affluent Millenials Hold Cryptocurrency, 75 Percent Believe Another Financial Crisis Due Soon

American public relations giant Edelman believes a “full quarter” of millennials hold and transact using cryptocurrencies, as per recent research concluded in October 2018. Rising Interest in Cryptocurrencies According to the Millennials with Money report, the survey recorded responses from “affluent” millennials – those with minimum annual pay of more than $100,000 and/or having $50,000 in […] The post Report: “Full Quarter” of Affluent Millenials Hold Cryptocurrency, 75 Percent Believe Another Financial Crisis Due Soon appeared first on CryptoSlate. дальше »

2018-11-2 16:00


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25 Percent of Affluent Millennials Are Using or Holding Cryptocurrencies, Says Report

Over a quarter of affluent millennials are currently using or holding cryptocurrencies. According to a Millennials & Money Report by Edelman’s Financial Services Sector Team, many affluent millennials have diversified their portfolio holdings into cryptocurrencies because they are wary of the financial system and concerned with the international ever-growing uncertain economic environment. дальше »

2018-11-1 15:29


Survey: A Quarter of Millennials Hold Crypto, Wary of Current Financial System

A big chunk of wealthy American millennials have either warmed up to cryptocurrencies or are considering embracing them, reveals a recent report. Millennials with Money, a report by Edelman has found that 25% of American millennials, aged between 24 and 38, and earning $100,000 in individual or joint income, or owning $50,000 in investable assets,. дальше »

2018-11-1 00:00


Ripple Plans To Extend Its Network to Dubai, Reveals Large Financial Institutions Already Signed Up On The Platform

Ripple is yet in another move to widen its network and coverage. The focus to provide seamless, faster and cheaper way of transferring money across borders utilizing blockchain-based financial tools has stirred the crypto platform to extend its reach to one of the busiest commercial cities of the world, Dubai. дальше »

2018-10-31 14:56


Russia Requests Members of Financial Action Task Force (FATF) to Control Crypto Exchange and Storage

Russia Tells Financial Action Task Force To Control Crypto Circulation The Financial Action Task Force is a Paris-based intergovernmental organization that was created in 1989 with the goal of helping in the development of standards that will help in the fight of money laundering around the world. Now, a regulator from the Russian government has […] дальше »

2018-10-30 03:57


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Japan Approves Self-Regulation of Cryptocurrency Exchanges

On Wednesday, Oct. 19, Japan’s Financial Services Agency granted the cryptocurrency industry the authority to self-regulate. The approval means that the Japan Virtual Currency Exchange Association, a coalition of several registered digital currency exchanges, can now set rules for operational requirements, consumer protection, prevention of money laundering and employee ethics. дальше »

2018-10-25 06:55


Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »

2018-10-24 00:55


Long Awaited Institutional Investors on their Way to the Crypto Scene

CNBC’s Brian Kelly had some good news for cryptocurrency investors who have been eagerly awaiting the entrance of “institutional” money to the cryptocurrency sector.  Appearing on the “Power Lunch” segment, Kelly said Bitcoin and altcoins should be in for a boost as major financial institutions are gearing up to enter the space. дальше »

2018-10-23 13:08


Nordea Bank Accused of Money Laundering After Banning Bitcoin For Being “Too Risky”

The Helsinki-based banking conglomerate, Nordea Bank, has allegedly accepted “criminal funds” from banks in Lithuania and Estonia, as reported by the Swedish Economic Crime Authority. Tied To The Rest Supposedly, this money is related to a separate laundering case that involved the Danske Bank in Denmark. дальше »

2018-10-23 17:50