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Europe Crypto Roundup: TON Society Issues Open Letter to France, IOTA Finalizes EU Blockchain Project, and More
BeInCrypto's comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent's crypto landscape. This week's roundup covers the stories on TON Society's open letter to France, and more. дальше »
2024-9-1 20:30 | |
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Crypto Regulations: JPMorgan Boss Jamie Dimon Urges Washington to Provide Clarity
JPMorgan Chase CEO Jamie Dimon wants the US government to deal with the issue of cryptocurrency regulations fast. Cryptocurrency Regulation Is An Emerging Issue In a newly released letter to the shareholders, Dimon had a bone to pick with several issues. дальше »
2021-4-8 20:03 | |
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JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt […] дальше »
2021-4-8 04:30 | |
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Japan-Based, Liquid Exchange User Data Breach Exposes Issues With Know Your Customer (KYC)
A letter sent out to Japan-based, Liquid exchange users from the CEO, Mike Kayamori, states the exchange experienced a data breach and security inconsistencies on Friday, November 13, 2020. According to the statement, GoDaddy, a popular domain name system (DNS) manager, “incorrectly transferred control of the account and domain to a malicious actor. дальше »
2020-11-19 18:27 | |
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HSBC Bangladesh Issues the First Letter of Credit on the Blockchain
HSBC Bangladesh has executed a blockchain-based Letter of Credit (LoC) transaction helping reduce wait time from 5-10 days to less than 24 hours, a Nov 1 report by the Daily Star reveals. HSBC Bangladesh Issues the First Letter of Credit (LoC) on the Blockchain A Letter of Credit is a commercial document issued by the bank andRead MoreRead More. дальше »
2020-11-3 02:00 | |
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Bangladesh: Standard Chartered Issues Letter of Credit on Blockchain
Standard Chartered Bank has successfully executed Bangladesh’s first blockchain trade transaction by issuing a Letter of Credit over the Contour blockchain network, New Age reports. Letter of Credit Issued on Blockchain In a first for Bangladesh, Standard Chartered Bank issued a Letter of Credit for ready-made garment exporter Viyellatex Ltd. дальше »
2020-8-17 22:15 | |
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Why This VC Firm Expects Altcoins to Gain a Significantly Larger Market Share Than Bitcoin By 2021
Pantera Capital, a cryptocurrency investment firm, has recently released its June investor letter. The report addressed a number of ongoing issues, such as inflation and the post-COVID recovery, but also paid a particular focus to Bitcoin and its perspectives in the year 2021. дальше »
2020-6-29 13:03 | |
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Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. дальше »
2019-12-23 13:21 | |
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Congress Asks IRS to Clarify Confusing Cryptocurrency Tax Regulations
Eight members of Congress have asked the Internal Revenue Service (IRS) to clarify its position on cryptocurrency taxation. A recent letter to the agency details the issues facing the taxation of cryptocurrencies, and the lack of clarity in the current policy. дальше »
2019-12-22 17:56 | |
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Standard Chartered Bank Issues First DLT-Powered Letter of Credit
In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More. дальше »
2019-8-8 13:00 | |
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SEC issues no-action letter for Ethereum token “Quarters,” what it means for crypto
In a step forward for crypto regulation, the Securities Exchange Commission granted no-action relief to Pocketful of Quarters for its Ethereum ERC-20 token “Quarters”—assuring the startup that the Commission will not take enforcement action. дальше »
2019-7-26 10:51 | |
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Doubt Surrounds US Regulators' Ability To Address Libra Issues
In a letter written to the heads of five congressional committees, organizations including the Service Employees International Union and the Consumer Federation of America expressed their fears that regulators are not prepared to address the issues Facebook's Libra project presents and that the social networking giant needs to present a fuller picture of its plans. дальше »
2019-7-3 00:07 | |
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IRS Commissioner Makes Crypto Tax Clarity a Priority
The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers. дальше »
2019-5-21 20:54 | |
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IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency
By CCN: Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. The latest IRS acknowledgment of crypto taxation issues is in response to members of Congress. дальше »
2019-5-21 03:50 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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“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 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter
Government institutions in the United States of America have played a pivotal role in controlling the fate of cryptocurrencies and the digital asset market, in general. One of the main issues that lawmakers and government officials raise is the taxation on cryptocurrencies like Bitcoin [BTC] and Ethereum [ETH], which was discussed again in a recent […] The post US Congressmen urge IRS to provide clarity on cryptocurrency taxation laws in new joint letter appeared first on AMBCrypto. дальше »
2019-4-12 17:00 | |
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Bittrex Goes on the Offensive After BitLicense Rejection
Bittrex, a United States–based cryptocurrency exchange platform, has issued a response to the recent setback in its plans to expand to New York. Yesterday, the New York State Department of Financial Services (NYDFS) rejected the exchange's BitLicense application, a requirement for offering crypto-based services to New Yorkers. дальше »
2019-4-12 19:57 | |
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SEC Releases First-Ever ‘Zero-Action’ Letter, Allows TurnKey Jet Clearance To Offer Its Non-Security Tokens
SEC Issues Its First “No Action” Letter Clearing Company To Sell Its Non-Security Tokens In The US A major change in the Initial Coin Offering (ICO) scenario in the United States just happened. The U. дальше »
2019-4-3 21:08 | |
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SEC Issues First ‘No-Action’ Letter Clearing ICO to Sell Tokens in US
The U.S. Securities and Exchange Commission (SEC) has issued a "no-action" letter to TurnKey Jet, Inc., agreeing that tokens used by the startup are not securities. дальше »
2019-4-3 17:57 | |
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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture
In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance. дальше »
2019-3-1 03:39 | |
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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 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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Beware of Crypto Risks: Bank of England Deputy Governor Issues Warning
The Bank of England has warned financial institutions in the country to limit their exposure to crypto assets. In a letter written by the bank’s deputy governor, the regulator cautioned firms against letting their guard down as the popularity of cryptos soars. дальше »
2018-6-30 20:00 | |
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Bank of England Deputy Governor Issues Warning to Financial Firms Over Crypto Risks
In a letter dated June 28, Sam Woods, deputy governor at the Bank of England who is also the CEO of the Prudential Regulation Authority (PRA), the UK’s financial watchdog, provided a reminder to financial firms of their “relevant obligations under PRA rules, and to communicate the PRA’s expectations regarding firms’ exposure to crypto-assets. дальше »
2018-6-30 18:29 | |
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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
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