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US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets

Four U. S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed at self-hosted crypto wallets. дальше »

2020-12-13 22:30


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Congressmen Urge US Treasury Sec. to Rethink Controversial Crypto Wallet Regulations

Four US Congressmen have called on US Treasury Secretary Steve Mnuchin to reconsider pursuing regulations focused on self-hosted crypto wallets. The call is the latest opposition to the rumored plan that could see US exchanges demanding user identity verification before allowing withdrawals to non-custodial wallets. дальше »

2020-12-10 20:00


“Nobody’s Going to Ban Bitcoin,” says Comptroller of the Currency; ‘Clarity’ Coming in Early 2021

The acting Comptroller of the Currency (OCC), Brian Brooks, said on Thursday that new regulations on bitcoin and cryptocurrencies are coming soon. Brooks appeared on CNBC’s “Squawk Box” to talk about “clarity” on the leading cryptocurrency to be expected in the next six-to-eight weeks but made it very clear that “nobody’s going to ban bitcoin. дальше »

2020-12-5 17:06


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Ripple Reconsidering US Exit, Plans to Monitor Regulations Under Biden Admin

Ripple says it is keeping its powder dry regarding reports of the company’s plan to exit the US amid unfavorable regulations. The blockchain firm and majority holder of the XRP cryptocurrency continues to be at the center of legal disputes about whether its distribution of the crypto constitutes the sale of unlicensed securities. дальше »

2020-12-4 20:00


Coinbase CEO Claims Non-Custodial Wallet Regulation is Bad for DeFi

In a lengthy tweet, the Coinbase boss has responded to Steve Mnuchin’s plans to rush out new regulations regarding self-hosted crypto wallets before the end of his term. The proposed regulations would require financial institutions and crypto exchanges to verify the recipient and owner of self-hosted or non-custodial wallets. дальше »

2020-11-27 17:09


Coinbase cries 'false' as it pre-empts NYT story alleging racial discrimination

A day after popular crypto-exchange Coinbase announced that it will be suspending margin trading in light of recent regulations, the exchange is in the news again after a statement revealed that the NThe post Coinbase cries 'false' as it pre-empts NYT story alleging racial discrimination appeared first on AMBCrypto. дальше »

2020-11-26 09:17


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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »

2020-11-26 02:01


Coinbase Pro Drops Margin Trading, ‘Common Sense Regulations’ Needed

San Francisco-based cryptocurrency exchange Coinbase is disabling margin trading on the Pro platform, in response to the new guidance from the US Commodity Futures Trading Commission (CFTC). The exchange pointed to the “recent changes in our regulatory environment” but didn’t specify which guidance led to the move. дальше »

2020-11-26 22:08


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Pakistan: SECP Publishes Crypto Regulations Exploratory Report

An official source shows the Pakistani financial regulator is working toward regulating cryptocurrencies. Pakistan Developing Crypto Regulatory Framework According to a report by Finance Magnets, Pakistan’s financial regulator – the Securities and Exchange Commission of Pakistan (SECP) – is working to develop a regulatory framework for digital assets. дальше »

2020-11-16 18:00


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Russia proposes amendments to its tax law to clarify crypto regulation

The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020. дальше »

2020-11-14 16:47


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UK Authorities Get Serious with Stablecoins, Set to Unveil Regulatory Framework 

The government of the United Kingdom is making active plans to transform the nation’s financial ecosystem and ultimately make the region a hotbed for innovative businesses. The government says it plans to formulate amenable regulations for stablecoin initiatives and central bank digital currencies (CBDCs), according to a statement November 9, 2020. дальше »

2020-11-11 22:00


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Ripple establishes its regional headquarters in Dubai

Ripple has chosen Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, as its regional headquarters. DIFC Authority unveiled this news via an official announcement on November 7, noting that the FinTech company chose it over other centres because of its innovative regulations, expansive network, and reputation. дальше »

2020-11-10 14:46


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Australian Senator Endorses Blockchain as a Solution to Regulatory Compliance

Australian Senator Andrew Bragg endorsed blockchain technology, saying that it could be one of the solutions to ease compliance with financial regulations without the need to sacrifice transparency. In a speech that he delivered on Wednesday at the Future of Financial Services 2020 Virtual Conference, Bragg stated that the future of technology is one thatRead MoreRead More. дальше »

2020-11-5 14:00