2019-10-15 20:00 |
U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards.
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Steven Mnuchin, the U. S. Treasury Secretary, has recently been interviewed by CNBC’s Squawk Box. During the interview, he talked about how some companies are abandoning the Libra Association as they are concerned with regulatory problems.
2019-10-15 23:33 | |
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United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019.
2019-9-11 16:16 | |
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The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […]
2019-9-10 21:02 | |
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The bureaucrat who favored the creation of a bitcoin regulatory framework in India quitted the Ministry of Finance on Wednesday. IAS Subhash Chandra Garg, who served as the Economic Affairs Secretary and Finance Secretary of India, accepted transfer order to the Ministry of Power.
2019-7-25 16:49 | |
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After remaining quiet on the issue of Bitcoin and crypto assets since taking office, the Trump administration finally appears to be taking the industry seriously and is considering how to approach it from the regulatory point of view.
2019-7-25 02:00 | |
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Although most of the crypto industry has long known that the US is far behind other countries in terms of implementing “do no harm” regulations on nascent markets, recent comments from President Donald Trump and Treasury Secretary Steve Mnuchin have signaled that rather than creating a “sand-box” regulatory environment for Bitcoin and cryptocurrencies, they will.
2019-7-24 01:00 | |
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As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore.
2019-7-23 22:15 | |
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The crypto industry was taken aback earlier today when news broke regarding popular leveraged crypto trading exchange, BitMEX, being investigated by regulatory authorities in the United States. Importantly, news regarding this investigation came about shortly after top officials within the US government criticized the nascent crypto markets, with the Treasury Secretary warning that they would.
2019-7-20 01:00 | |
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Ripple CEO, Brad Garlinghouse, explained how there should be a level playing field when it comes to cryptos, adding that Secretary Mnuchin was right with his points during the hearing. Garlinghouse spoke to CNBC and gave his views on how Libra has helped the cryptocurrency ecosystem gain more traction by trying to fast-forward discussions and by […] The post Facebook approached the regulatory scene brazenly, says Ripple’s Brad Garlinghouse appeared first on AMBCrypto.
2019-7-20 21:00 | |
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The crypto markets have been flooded with a torrent of news regarding how top government officials in the US feel about Bitcoin (BTC) and cryptocurrencies, with U. S. President Donald Trump saying that he is “not a fan” while his Treasury Secretary, Steve Mnuchin, explained that crypto is a “national security” issue.
2019-7-19 01:00 | |
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Now that the U. S. Congress and Senate have finished their hearings with Facebook, U. S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation on the Table Again It appears that the aftermath of the US Congress and Senate Banking Committee’ hearings on Facebook’s Libra coin could present a new set of regulatory problems for cryptocurrency as a whole.
2019-7-19 00:00 | |
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This week, the crypto market has been turned upside down after United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto. The tweet heard ‘round the world in the crypto space started a domino effect with nearly every US politician and regulatory body making comments about the digital asset class.
2019-7-18 18:37 | |
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Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra.
2019-7-16 16:30 | |
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Following US President Donald Trump’s scathing remarks about Bitcoin and cryptocurrencies in general, the U. S. Treasury Secretary – Steven Mnuchin – is now placing crypto on the center stage of the US’ regulatory policy.
2019-7-16 00:36 | |
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Friday night, United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto as a whole, expressing his distaste in the emerging asset class and commenting on their “unlawful” uses.
2019-7-16 23:01 | |
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The Financial Action Task Force [FATF], an inter-governmental body that includes the most influential countries in the world such as the United States, Russia, China, United Kingdom, and Germany, has taken the first step towards providing better regulatory clarity that was much sought after by several businesses in the cryptocurrency space.
2019-6-21 21:14 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.
2018-10-12 12:00 | |
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Today, September 12, 2018, OKCoin announced that the company will be offering token-to-token only trading in twenty states across the U. S. This announcement of its expansion in U.
2018-9-12 17:01 | |
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The U. S. Treasury Department released its highly anticipated report that examines the current monetary system, discusses cryptocurrency, and proposes sweeping changes that would cut regulatory inefficiency and incubate new technologies.
2018-8-2 00:15 | |
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The Maltese Parliament has passed three bills into law that establish a regulatory framework for the country's blockchain sector, Malta Today reports. Just last week, the Parliament “unanimously voted” to approve these bills in its second reading.
2018-7-5 20:51 | |
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The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.
2018-6-29 19:38 | |
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The growing involvement of America’s top public companies in blockchain technology has intensified calls for clear regulatory guidelines to retain crypto developers and talent within the US.
Mastercard launched Mastercard Crypto Credential on May 29, enabling users to send and receive crypto using simplified aliases instead of complex blockchain addresses, according to a press release.
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.
A California judge dismissed a class action lawsuit against Apple that accused the tech giant of imposing restrictions on third-party crypto payments on March 26. District Judge Vince Chhabria said the complaint contained “several fatal problems,” including inadequately alleged agreements between Apple and other payment services.
It would be "the first ever truly decentralized web3 payment solution," allowing users to spend their crypto "on everyday purchases, everywhere cards are accepted," according to marketing materials CoinDesk reviewed.
Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.
You don't need to be rich to own Bitcoin. Explore Satoshi currency with us as we explain how the famous crypto can be divided. The post What is a Satoshi? How Bitcoin Fractions Work appeared first on CoinCentral.