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15 nations are reportedly banding together to monitor suspect cryptocurrency transfers

Some 15 countries, including Australia and Singapore, are reportedly banding together to create a data collection and sharing system on individuals carrying out cryptocurrency transactions. According to Nikkei, the common goal would be to prevent funds from being laundered or used to finance terrorist organizations. дальше »

2019-8-9 16:22


$28 Million Crypto Ponzi Lands Morally Bankrupt Scammer in Jail

An Australian citizen who ran an international crypto Ponzi scheme will face justice after police in India finally arrested him - but not before he defrauded victims out of $28 million. 'Hybrid crypto' with low risks and high returns India's Special Task Force (STF) arrested Sydney resident Harpreet Singh Sahni in a hotel near the […] The post $28 Million Crypto Ponzi Lands Morally Bankrupt Scammer in Jail appeared first on CCN Markets дальше »

2019-8-8 17:59


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Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks

The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry. дальше »

2019-7-30 13:00


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Kenya’s Blockchain Task Force Advises Government to Consider Initial Coin Offerings

The blockchain and cryptocurrency task force established by the Kenyan government is requesting that the authorities enable the development of initial coin offerings (ICOs). According to a report on iTWeb Africa on July 29, 2019, the country’s task force believes that ICOs would help local startups fund projects. дальше »

2019-7-30 11:00


HOMEBLOC – Seven Questions That Investors Always Ask

When faced with the task of analyzing this new project, investors will always ask the following questions. So here are our answers: What is the intrinsic value of this project? Is it unique? What is its market like? The intrinsic value of our project is its ability to decrease cost of living while increasing space […] The post HOMEBLOC – Seven Questions That Investors Always Ask appeared first on CCN Markets дальше »

2019-7-27 15:58


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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force

A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »

2019-7-26 01:00


FATF Issues Draconian Crypto Recommendations: You Now Have 12 Months To Comply

The Financial Action Task Force (FATF) has issued a shot across the bow of the cryptocurrency industry, with interpretative notes and clarifications for virtual asset service providers (VASPs). The move comes a month after the task force warned in February that updates to its recommendations would be coming as early as this month. дальше »

2019-6-28 02:05


PR: New FATF Rules See VASP Industry Convene for V20 Summit

As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service Providers (VASPs) for the first-ever V20 Summit, to be held as a concurrent event to the G20 on June 28-29 in Osaka, Japan. дальше »

2019-6-26 12:30


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New Crypto Guidelines From FATF Have Far-Reaching Implications

The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers), compromising user privacy and restricting crypto market access. дальше »

2019-6-25 09:53