2020-10-30 16:30 |
The New York Department of Financial Services expects all firms, including virtual currency businesses, to start assessing climate change-associated financial risks.
Similar to Notcoin - Blum - Airdrops In 2024
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Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.”
2023-3-26 01:04 | |
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The New York State Department of Financial Services (NYDFS) has laid out details state-regulated financial institutions must submit before gaining approval to engage in cryptocurrency-related operations.
2022-12-17 20:38 | |
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The emergence of blockchain technology disrupted the global financial systems and ushered in a new era. The use of smart contracts instead of intermediaries/third-party systems is gradually becoming the new standard in the financial sector.
2021-11-15 17:57 | |
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Ryozo Himino, the International Financial Deputy Counselor at Japan’s financial watchdog, will take over as the agency’s new commissioner.
2020-7-21 08:43 | |
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The world is staring at a financial evolution that should usher in a new age of government-backed financial systems built on the backbone of new technologies. The advent of cryptocurrencies like Bitcoin is a clear indication of the evolving monetary situation.
2020-5-29 18:51 | |
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The integration of legacy financial services, blockchains, and the emerging class of digital assets are underway. The potential of this new open financial system is enormous, but there are still several obstacles that need to be overcome for the promises of a new financial paradigm to come to fruition.
2018-10-19 07:12 | |
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The Ukraine is taking massive leaps to legalize cryptocurrency. There’s a new regulatory concept that recognizes tokens as financial instruments (as well as coins). The new concept won the support of high-up members in the Financial Stability Council of the country.
2018-7-21 12:32 | |
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It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today.
2018-6-20 18:30 | |
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Humanity’s reliance on centralized financial institutions is coming to an end thanks to the power of decentralized cryptocurrency platforms. A New World Nobody has forgotten the global recession of 2008, which plunged the entire world into a state of panic and has left many industries still in a state of recovery.
2018-6-20 18:00 | |
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Cryptocurrency has never been favoured or supported by the mainstream media, but this week’s news that an LA trader is facing jail time for their trading of Bitcoin, one of the biggest worldwide digital currencies, is bringing strange new attention to this new financial frontier.
2018-6-20 16:00 | |
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Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc. , comments on cryptocurrencies during an interview with Bloomberg Editor-in-Chief John Micklethwait at the Economic Club of New York.
2018-6-20 05:18 | |
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Bancor, on June 18th, tweeted the launch of a new blockchain service in Kenya to design a decentralized financial system that promotes fair wealth distribution among the people. Bancor’s recent tweet: Bancor’s recent tweet | Source: Twitter The working of this system involves the creation of “community currencies”; this will elevate peer-to-peer trade and therefore […]
2018-6-20 19:55 | |
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Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app.
2018-6-19 15:00 | |
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Regulation In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. Also Read: Financial Services Provider Square Acquires New York Bitlicense U.
2018-6-19 14:43 | |
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Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app. Square, a digital payments company, has been granted BitLicense from the New York Department of Financial Services (NYDF), which means formal approval of Square’s application for a virtual currency license. It was issued on
2018-6-19 14:32 | |
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Over the period of the past 24 hours all major coins have shown positive changes in prices. Some experts suppose that this changes on the market can be probably explained by the decision that was taken by the New York Department of Financial Services.
2018-6-19 14:17 | |
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As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003.
2018-6-19 11:00 | |
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Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018.
2018-6-19 00:00 | |
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The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York.
2018-6-19 23:10 | |
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New York State Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Square, Inc. , for a virtual currency license.
2018-6-19 22:21 | |
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“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.
2018-6-19 22:15 | |
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Digital payments firm Square has received a BitLicense from regulators in the state of New York. The company announced Monday that the New York Department of Financial Services granted the license. Square first indicated back in March that it had submitted paperwork to receive a BitLicense, a move later confirmed by a spokesperson. New York had,
2018-6-19 21:21 | |
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Digital payments startup Square has received a BitLicense through the NY Department of Financial Services.
2018-6-19 18:30 | |
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The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.
2018-6-18 14:00 | |
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Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018. With the obtained
2018-6-18 12:40 | |
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Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum.
2018-6-18 05:24 | |
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Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum.
2018-6-18 02:00 | |
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In addition to adding a new CFO, Ripple is proud to announce the appointment our newest board member, Benjamin Lawsky. Lawsky, the former superintendent of financial services for the state of New York, has more than two decades of experience in both federal and state government.
2018-6-17 12:52 | |
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Ripple has had an incredible year. From adding new RippleNet members, including American Express, to launching Swell — our first-ever conference — Ripple has showed no signs of slowing down. In order to help the company continue to grow, Ripple has appointed Ron Will as the new chief financial officer.
2018-6-17 12:50 | |
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Regulation The Dutch financial regulator, The Netherlands Authority for the Financial Markets (AFM) has published a letter addressed to new and currently existing institutions invested in cryptocurrencies.
2018-6-17 04:39 | |
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The Dutch financial regulator, The Netherlands Authority for the Financial Markets (AFM) has published a letter addressed to new and currently existing institutions invested in cryptocurrencies. The letter seeks to inform that certain cryptocurrency investment activities may require licensing from the AFM, however, expresses “serious doubts” as to “whether managers of investment institutions in cryptos […] The post Dutch AFM on Licensing Requirements for Institutions Invested in Crypto appeared first on Bitcoin News.
2018-6-17 03:20 | |
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The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International banking and financial market developments” for June 2018.
2018-6-17 23:20 | |
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A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia.
2018-6-16 11:45 | |
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It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
2018-6-16 04:35 | |
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Within minutes of rumors spreading regarding the SEC’s classification of both bitcoin and ether, the entire crypto market breathed a sigh of relief as everyone enjoyed a nice bounce.
2018-6-16 00:23 | |
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Stellar Lumens (XLM) continues to live up its name with its latest offering, Mobile phone network YOVO. From its starting days in 2014, Stellar Lumens has always been the technology bridge. Back in the days, it sought to overcome the gap between financial environments and the virtual currencies.
2018-6-16 23:27 | |
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For many, the experience of adding crypto coins to their financial portfolios has proven to be the thrill of a lifetime. As a new type of holding with a unique set of tools and rules, cryptocurrency is wealth with its own wow factor.
2018-6-15 18:54 | |
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The recent announcement that Bittrex will allow investors to buy digital coins with the U. S. dollar is the latest in a string of crypto trading trends to move West from Asia.
2018-6-15 17:38 | |
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Fortunately, the continued loss in value for cryptocurrencies at exchanges in the past week does not appear to have an impact on regulatory processes. In fact, there has been progressing, as the guidelines have been tweaked sufficiently to allow Paxos Trust Company to commence OTC trading, by the New York Department of Financial Services (NYDFS).
2018-6-15 17:31 | |
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The New York Department of Financial Services approved Xapo, wallet storage provider and vault service provider, for a virtual currency license. Paxos Trust Company, the company behind itBit exchange, was also approved for a virtual currencies charter.
2018-6-15 10:57 | |
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Thailand’s financial regulator the Securities and Exchange Commission (SEC) has confirmed five ICOs are ready to raise funds via the country’s new fundraising regulations, local media Bangkok Post reported June 13.
2018-6-14 22:01 | |
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Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source that he has had meetings
2018-6-14 20:56 | |
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Cryptocurrency exchange itBit says it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its trading and custody services. In addition to bitcoin, itBit will now offer custody, escrow and over-the-counter (OTC) trading services for bitcoin cash (BCH), ethereum (ETH), litecoin (LTC) and stellar lumens
2018-6-14 19:02 | |
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Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14.
2018-6-14 17:26 | |
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Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings.
2018-6-14 16:10 | |
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Kenya is one of the African nations in dire need of financial reform. Introducing such changes will require embracing new technologies. Blockchain will certainly play its role in this regard. The nation’s informal economy – valued at $20 billion – can certainly benefit from immutable ledgers.
2018-6-14 14:00 | |
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Regulation The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week.
2018-6-14 11:05 | |
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Fusion Foundation, creator of a public blockchain for fully fledged financial functions, and Talao, a decentralized reputation protocol and infrastructure for the freelancing economy, announced today that they have signed a partnership agreement to foster the development of new blockchain-based financial services for the work on demand economy.
2018-6-14 10:43 | |
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It’s a whole new world for recent college graduates entering the workforce. Their priorities have changed; now bills, rent, and student loans lead their monthly list. [REITs] Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? RitaE / Pixabay Retirement planning ranks low as a priority for many […]
2018-6-14 10:08 | |
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Electricity theft in the UK has risen by over 75% since 2012, largely due to crypto mining and cannabis farming, with a significant increase following the first COVID-19 lockdown. The post Crypto Mining Blamed for Record UK Electricity Theft appeared first on BeInCrypto.
The UAE-based firm is developing one of the region’s largest mining facilities.
The investment includes a $2 million loan and $12 million in equity.
With the crypto industry evolving, several entities still have different views on the ecosystem. While some believe it’s all a scam, some see the great potential and believe the industry has a bright future.
In recent times, crypto mining has been receiving a lot of attention owing to how energy-intensive the process is. On that same note, British Columbia has now become the third Canadian province to introduce restrictions on crypto mining.
CleanSpark an American-based mining company, has been acquiring different mining machines despite the dip and dwindling fortunes of Bitcoin.
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3.