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Crypto News Roundup for March 5, 2020
South Korea passes a milestone regulation to restructure exchanges, Ethereum finds itself at a critical make-or-break point, and Bitcoin continues to test the next resistance at $9,150 — all these and more in today’s BeInCrypto daily news roundup for March 5. дальше »
2020-3-6 07:59 | |
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South Korea Passes Milestone Regulation, Exchanges to Work with Banks for Real-Name Accounts
South Korea’s National Assembly has just passed regulations that will result in a ‘restructuring of cryptocurrency exchanges. ’ The ramifications of the new laws are enormous, resulting in mandating real-name accounts on exchanges as a means to curb money laundering. дальше »
2020-3-5 15:10 | |
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Top Exchanges Ask the IRS To Provide Clarity In Tax Regulation For Crypto At Summit
Crypto exchanges led by Kraken and Coinbase have aired their views to the U. S Internal Revenue Service (IRS) in an ongoing tax summit. The representatives called for more clarity within the crypto environment to enable innovations in this industry to thrive. дальше »
2020-3-4 18:26 | |
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US Treasury Dept and Industry Leaders Met to Discuss The Challenges In Crypto Compliance
The US Treasury Department, along with important figures in the crypto industry, have met to discuss the regulatory challenges in the crypto space. On March 2nd, the Treasury made an announcement that it will be meeting with crypto experts and leaders in order to address the supervision and regulation of crypto assets. Steven Mnuchin, the […] дальше »
2020-3-4 21:33 | |
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BLOCKCHAIN: THE SECOND COMING IS NIGH
Security, scalability and regulation improvements are making Blockchain tech investible for mainstream capital This second wave of interest is likely to deliver the once-hyped disruption The post BLOCKCHAIN: THE SECOND COMING IS NIGH appeared first on AMBCrypto. дальше »
2020-3-3 18:15 | |
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How criminals launder money using crypto in Latin America
Crypto-adoption catalyzed the immediate need for regulation to curb illicit activities such as money laundering. Latin America, for example, holds the largest number of cryptocurrency users in the worThe post How criminals launder money using crypto in Latin America appeared first on AMBCrypto. дальше »
2020-3-2 11:30 | |
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Why 2020 is an important year for cryptocurrency exchange regulation
Cryptocurrency exchanges represent one of the most diverse service offerings within the crypto industry. You only have to stack a handful of exchanges up, side by side, to see the differences between them. дальше »
2020-2-27 18:30 | |
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Binance CEO Calls for Regulation of Crypto News
In a recent tweet, Binance CEO Changpeng Zhao has called for the regulation of ‘fake news’ in the cryptocurrency space. It’s currently unclear what this means. Fake news is rampant in the cryptocurrency world. дальше »
2020-2-26 20:15 | |
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Cryptocurrency Regulation in the Caribbean: Is It the Perfect Sandbox?
How many Caribbean countries do you know off the top of your head? Out of almost 700 Caribbean islands only about 30 are inhabited, each with their own stance on… The post Cryptocurrency Regulation in the Caribbean: Is It the Perfect Sandbox? appeared first on CoinCentral. дальше »
2020-2-26 18:57 | |
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Japan’s Finance Ministry, Financial Services Agency, and BoJ To Research A CBDC Launch
Japan is the latest country to show interest in developing a central bank digital currency (CBDC) as the central bank, finance ministry and financial authorities meet to discuss digital currencies. As one of the top countries in crypto and blockchain development and regulation, accelerated efforts are being placed to develop an official digital coin to […] дальше »
2020-2-25 19:04 | |
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Binance Has No License To Operate In Malta, Says Financial Watchdog
The Malta Financial Services Authority (MFSA) has denied that Binance is under its regulation. According to a recent statement, the MFSA has announced that it does not oversee the activities of the exchange, meaning that Binance has no authority to operate in Malta. дальше »
2020-2-22 21:03 | |
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Brave (BAT) Browser Urges U.K. Authorities to Crackdown Google’s Monopoly
Brave (BAT), a privacy-protecting web browser that rewards users with cryptocurrency for viewing ads, has sent a letter to the British authorities, urging them to put an end to Google’s monopoly by enforcing the General Data Protection Regulation (GDPR), reports Decrypt on February 19, 2020. дальше »
2020-2-20 20:00 | |
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Understanding presidential candidate Michael Bloomberg’s plan for cryptocurrency regulation
On Wednesday, Democratic presidential candidates participated in the last debate before the Nevada caucuses on Saturday. And, although, Michael Bloomberg hadn’t participated in a debate prior to Wednesday and won’t be competing in Nevada, his candidacy has drawn a lot of attention. дальше »
2020-2-20 11:00 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. дальше »
2020-2-20 08:16 | |
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U.S. Presidential Candidate Michael Bloomberg Offers Flexible Regulation for Crypto
Coinspeaker U. S. Presidential Candidate Michael Bloomberg Offers Flexible Regulation for CryptoIn the framework of his campaign, U. S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies. дальше »
2020-2-19 14:58 | |
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EU crypto exchange Tokenomica launches bitcoin OTC desk
Tokenomica, a Malta-based bitcoin and cryptocurrency exchange, today has announced the launch of a new OTC trading desk which includes a BTC-to-Euro trading market. The new OTC desk provides an opportunity to trade larger amounts directly with Tokenomica without having to go through public order books in compliance with crypto regulation in Malta. дальше »
2020-2-19 19:06 | |
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Global cryptocurrency regulation is turning bearish in these five countries
As the cryptocurrency markets are in freefall, global cryptocurrency regulation appears to be turning bearish as well. While one SEC Commissioner proposes a “safe harbor” for cryptocurrency projects, the US Secretary of the Treasury announces “significant” new regulation. дальше »
2020-2-18 01:38 | |
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Governor: Colorado Startups Have Raised $50M in Venture Capital
Colorado Gov. Jared Polis joined CoinDesk at ETHDenver where he talked about the future of crypto regulation. дальше »
2020-2-16 23:00 | |
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The IRS’ Fortnite Currency Tax Mishap Is a ‘Black Mirror’ Moment for Gaming
What's especially terrifying is that the misclassification of in-game currencies is probably the result of ignorance. How different will future regulation be from traditional cryptocurrency rules? The post The IRS’ Fortnite Currency Tax Mishap Is a ‘Black Mirror’ Moment for Gaming appeared first on CCN.com дальше »
2020-2-15 06:00 | |
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While counterintuitive, regulation might just be the key to promoting mass adoption of decentralized platforms
There are three important attributes that make cryptocurrency and blockchain attractive: transparency, immutability, and trackability. In an ideal scenario, such a system does not require regulation, because transactions are confirmed through consensus mechanisms and maintained in a transparent and immutable distributed ledger. дальше »
2020-2-14 09:53 | |
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US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. дальше »
2020-2-14 02:00 | |
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Crypto KYC/AML: Finding the Balance Between Business Efficiency and Compliance
As the crypto and blockchain industry continues to evolve, we must find the right balance between growing compliance requirements, new (and often uncertain) regulation and business efficiency. With the popularity of cryptocurrency on the rise also comes a new era of money launderers that must be dealt with effectively. дальше »
2020-2-13 21:30 | |
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A Million EPayments Accounts Frozen Due to Regulation Control
UK regulator FCA suspends ePayments operations due to anti-money-laundering controls
дальше »2020-2-12 02:31 | |
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Ukraine’s Ministry of Digital Transformation: Crypto Mining Doesn’t Need Govt. Regulation
The Ministry of Digital transformation in Ukraine has stated that it has no intention to come up with measures to regulate crypto mining in the country, CoinDesk reports. On Feb 7, the ministry released a document on digital assets outlining Ukraine’s approach on crypto assets. дальше »
2020-2-11 23:28 | |
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A Call for Sensible Regulation: The Fate of Future Innovation in India
The Indian crypto community holds its breath awaiting the Supreme Court’s decision
дальше »2020-2-10 23:00 | |
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Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
The Ministry of Digital Transformation of Ukraine has said that crypto mining does not require regulation by state authorities
дальше »2020-2-10 18:28 | |
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An attorney reviews ‘CryptoMom’ Hester Peirce’s plan to develop a framework for token sales; could it work?
Last week, SEC Commissioner Hester Peirce (aka ‘CryptoMom’) formally proposed a “safe harbor” for fundraising by token sale. Intended to “bridge the gap between regulation and decentralization,” the proposal would essentially make ICOs legal – with certain requisites. дальше »
2020-2-10 13:25 | |
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Here’s Why a Politician Says U.S. Must Smarten Up on Crypto Regulation
Despite the large number of crypto-centric companies founded and based in the U. S. — like Coinbase, Kraken, and so on and so forth — American regulation hasn’t been all too kind to the budding industry around Bitcoin over the past few years. дальше »
2020-2-8 07:00 | |
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FINMA’s New AML Provision Requires Crypto Exchange Transactions Over $1000 To Provide ID
On February 7, an anti-money laundering regulation provision was released by (FINMA) the Swiss Financial Market Supervisory Authority. In order for additional risks to be reduced, the margin of crypto exchange's remaining anonymous transactions, are now to be reduced from 5,000 CHF to 1,000 CHF, which is about $1,020. The new changes are the result […] дальше »
2020-2-7 20:08 | |
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Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses and residents. дальше »
2020-2-7 07:15 | |
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New LATAM-based crypto exchange Banexcoin now open
Banexcoin, a new cryptocurrency and blockchain asset exchange is now live and actively registering new users in Latin America. Notably, Banexcoin is an active payment gateway for Peruvian sol. For peace of mind, Banexcoin is a registered currency exchange house with the SBS, a banking superintendency responsible for the regulation and supervision of the Peruvian […] CryptoNinjas: New LATAM-based crypto exchange Banexcoin now open дальше »
2020-2-6 20:17 | |
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Banks, Asset Managers Can No Longer Ignore Bitcoin
Banks and traditional asset managers used to stay away from Bitcoin and other cryptocurrencies, fearing for their reputation and scared of lack of regulation and wild volatility. However, the recent performance proved that Bitcoin should not be ignored. дальше »
2020-2-4 19:00 | |
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EA’s Microtransaction Billions Explains Why It’s Terrified of Loot Box Laws
EA reveals how much money it makes from microtransactions, confirming how much it would be affected by any regulation of loot boxes. The post EA’s Microtransaction Billions Explains Why It’s Terrified of Loot Box Laws appeared first on CCN.com дальше »
2020-2-2 13:46 | |
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Taxing PoS: There is a lack of clarity in regulations
Despite all the hype, cryptocurrency continues to face regulatory ambiguity in most parts of the world. Countries like the US have however initiated steps to introduce more robust regulation but the cThe post Taxing PoS: There is a lack of clarity in regulations appeared first on AMBCrypto. дальше »
2020-2-2 11:00 | |
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XRP Developer Shuts Down Second Project in One Month
XRP developer Wietse Wind of the now defunct XRPTipbot and sms. xrptext. com, has announced that he will shuttering the XRPtext project by the end of next month. The developer cited concerns over regulation and also said he was moving on to starting a business, as reasons for abandoning the project. дальше »
2020-1-31 23:00 | |
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Yang in the Oval Office Is Bitcoin’s Only Chance of Reaching Critical Mass
For bitcoin to unlock its full potential, we need a holistic approach to regulation. Here's why Andrew Yang could be bitcoin's only savior. The post Yang in the Oval Office Is Bitcoin’s Only Chance of Reaching Critical Mass appeared first on CCN.com дальше »
2020-1-30 18:47 | |
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Crypto Friendly US Presidential Candidate Calls for Clarity on Rules
US Democratic presidential candidate Andrew Yang has called for more clarity with regards to crypto currency regulation as the country slips further behind in the rapidly expanding industry. Andrew Yang On Crypto In an interview with Bloomberg’s Joe Weisenthal on Wednesday US Democratic presidential candidate Andrew Yang has aired his views on the current state of the crypto industry in the country. дальше »
2020-1-30 11:00 | |
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Better Regulation Could Curb Crypto Scams, Chainalysis Report Says
Chainalysis’ 2019 crime report found illicit activities accounted for roughly 1 percent of overall crypto transactions last year, and better enforcement of anti-money laundering and know-your-customer regulations could stamp out a large portion of that. дальше »
2020-1-30 00:15 | |
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Former PBoC Gov Tells China To Join Global Regulation Conversation For Libra Stablecoin
Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post. дальше »
2020-1-29 17:10 | |
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Bank Frick welcomes arrival of Liechtenstein Blockchain Act
The Blockchain Act sees Europe’s most comprehensive blockchain regulation come into effect in Liechtenstein. The Blockchain Act creates far-reaching legal certainty for the still fledgling blockchain industry and therefore plays a key role in its professionalization. дальше »
2020-1-22 13:49 | |
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APRA Proposes Regulatory Framework For Facebook Led Calibra And Libra To Senate
One of Australia’s financial watchdog agencies, the Australian Prudential Regulation Authority (APRA), could soon regulate stablecoin projects such as the controversial Facebook’s led Libra project, Cointelegraph reports. дальше »
2020-1-22 20:03 | |
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