2024-8-26 05:30 |
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal. origin »
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The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
2024-4-20 03:57 | |
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ARGOS ID, a digital ID for Web 3. 0, is providing the world’s first Travel Rule solution making unhosted wallets compliant. ARGOS ID provides full coverage for verifying unhosted wallets, a challenging process for virtual asset service providers (VASPs).
2022-11-15 00:27 | |
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ARGOS ID is delighted to introduce the world’s first travel rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
2022-11-14 13:00 | |
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Seoul, South Korea, 14th November, 2022, Chainwire ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage.
2022-11-14 10:52 | |
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ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets.
2022-11-14 16:00 | |
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Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules.
2022-7-5 19:49 | |
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Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules.
2022-7-5 19:49 | |
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After the potentially privacy-busting ‘travel rule’ for crypto transfers, global standard-setters at the Financial Action Task Force have their eyes on Defi, NFTs and unhosted wallets.
2022-6-30 12:30 | |
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A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy.
2022-6-30 21:09 | |
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The United Kingdom government has pulled back on its plan to collect data on transactions sent to a private or unhosted crypto wallet. The post The U.K makes a turnaround on KYC rule appeared first on CryptoSlate.
2022-6-22 05:00 | |
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The United Kingdom Treasury has backtracked on plans to require all senders of crypto funds to collect information that identifies the recipients of those funds. The post UK Treasury Abandons Plans to Introduce KYC on Unhosted Wallets appeared first on BeInCrypto.
2022-6-21 11:00 | |
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“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
2022-6-21 23:47 | |
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The U.K. Treasury has decided to rescind its requirement for crypto companies to compile the personal information of self-custodied wallet users, citing privacy concerns. Unhosted Wallets for Legitimate Purposes The...
2022-6-20 22:19 | |
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The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.
2022-6-21 19:22 | |
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The U. S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden's wider strategy to tackle illicit finance involving digital assets. The post U.
2022-6-13 02:00 | |
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Storing crypto anonymously outside regulated venues lets people bypass sanctions and anti-money-laundering checks, Deputy Secretary Wally Adeyemo said at Consensus 2022.
2022-6-11 20:51 | |
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Talks on contentious anti-money laundering rules for the sector are reaching the closing stage, but some hope there’ll be wiggle room on small payments, unhosted wallets and transition periods.
2022-4-27 10:00 | |
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EU policymakers are back in the spotlight less than a month after voting for stricter rules on unhosted crypto wallets. The post Internal documents show EU policy makers want to push Ethereum over Bitcoin appeared first on CryptoSlate.
2022-4-25 15:10 | |
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The European Union, on 31 March, voted in favor of outlawing all anonymous crypto transactions. Transactions of any size, both payers and recipients of even the smallest digital asset payment identifThe post Anti-anonymity or anti-freedom? EU bans crypto transfers on unhosted wallets appeared first on AMBCrypto.
2022-4-1 16:30 | |
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EU lawmakers voted in favor of stricter rules on the transfer of funds to unhosted crypto wallets on Thursday. The post EU blunder on unhosted crypto wallets will cost the region dearly appeared first on CryptoSlate.
2022-4-1 15:00 | |
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“Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong.
2022-4-2 05:39 | |
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The European Union (EU) parliament has today voted in favor of new harsh rules that call for the crackdown of unhosted or non-custodial wallets. This is a big blow for cryptocurrency privacy advocates in Europe.
2022-4-1 02:15 | |
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The latest crypto news from the weekend is waiting for you in U.Today’s news digest!
2022-3-29 19:05 | |
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The proposed legislation would require exchanges to verify personal data behind any transaction.
2022-3-28 13:45 | |
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Head of Strategy & Business Development at Unstoppable Finance Patrick Hansen warns that unhosted crypto wallet users are at risk in the EU. The post Upcoming EU vote could leave self-hosted crypto wallet users high and dry appeared first on CryptoSlate.
2022-3-28 12:10 | |
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Head of Strategy & Business Development at Unstoppable Finance Patrick Hansen warns that unhosted crypto wallet users are at risk in the EU. The post Upcoming E.U. vote could leave self-hosted crypto wallet users high and dry appeared first on CryptoSlate.
2022-3-29 12:10 | |
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The European Parliament also wants to curb payments to tax havens and check people’s identity even for payments between unhosted wallets, internal papers reveal.
2022-3-26 21:32 | |
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President Joe Biden is in full work mode right from the day of his inauguration as he froze all agency rulemaking pending further review, as per the memorandum published on Jan 20, 2021. The good thing for the cryptocurrency market is that it includes the proposal made by former Treasury secretary Steve Mnuchin on “unhosted […] The post President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets first appeared on BitcoinExchangeGuide.
2021-1-21 16:37 | |
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Crypto companies complain about FinCEN's new "unhosted wallets" proposal. But the rules aren't unreasonable, says our columnist.
2021-1-12 15:00 | |
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FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance.
2020-12-24 23:40 | |
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FinCEN has proposed requiring exchanges to collect and report KYC information on unhosted wallets for transactions up to $10,000.
2020-12-19 00:53 | |
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As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls.
2020-11-19 22:00 | |
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In today’s edition of the weekly recap: Bitcoin clinches a new all-time high after the U.S. election; crypto ETFs see record inflows; FTX sues crypto.com; and observers speculate who might replace SEC chair Gary Gensler. Bitcoin hits new ATH Aftermath…
Digital tokens are traded in green today as Bitcoin hit new all-time highs during the US election. While Donald Trump-linked tokens flew to record highs on the former president’s early victory, Kamala Horris crashed.
Buoyed by donations and votes from a digital asset industry he aggressively courted, Trump won a second term to the White House in his third bid for the U.S.'s highest office.
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.
The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%. This decline is evident on the weekly chart, which shows a major bearish weekly candle – a gravestone doji.
Polymarket, an online prediction marketplace, has gained popularity during this year’s United States elections. Reports suggest that users have placed bets worth over $2. 7 billion, forecasting whether Trump or Kamala will win the 5 November presidential elections.
