Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). дальше »

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This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion

Eight years ago, Fred Wilson, a co-founder of New York-based venture capital firm Union Square Ventures, invested $2. 5 million in then-unknown crypto exchange Coinbase—and that recently became the company’s most profitable exit, Bloomberg pointed out yesterday. дальше »

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Binance Becomes Limited Partner In Crypto Hedge Fund With Investment in Multicoin Capital

The largest crypto exchange in terms of volume, Binance, has announced that it has invested in Multicoin Capital. Binance joins renowned investment firms such as Union Square Ventures, Ribbit Capital, and Marc Andreessen in backing the Texas-based crypto investment startup. дальше »

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Ethereum Layer 2 Development Investing Round Led by Union Square Ventures

A Series A funding round for Matter Labs’ Layer 2 zkSync scaling protocol has been announced. Its goal is to bring the Solidity smart contract language to the platform. The round has been led by some big names in the crypto and internet security industries including early Twitter investor Union Square Ventures (USV), Cloudflare, Firebase, … Continued The post Ethereum Layer 2 Development Investing Round Led by Union Square Ventures appeared first on BeInCrypto. дальше »

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Europol arrests hackers that stole $100 million in crypto through SIM-swapping

European Union Agency for Law Enforcement Cooperation, better known as Europol arrested a criminal gang who hacked more than $100 million in cryptocurrencies by illegally gaining access to the phones The post Europol arrests hackers that stole $100 million in crypto through SIM-swapping appeared first on AMBCrypto. дальше »

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Press association joins crypto users to kick against Assange’s prosecution

A coalition of 24 groups, including Amnesty International and the American Civil Liberties Union, has asked the new head of the Justice Department to reconsider the case against Wikileak’s publisher Julian Assange. дальше »

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Crypto payment gateway COINQVEST gets EU provider license

CryptoNinjas » Crypto payment gateway COINQVEST gets EU provider license COINQVEST, a cryptocurrency payment gateway, and API solution, today announced the approval of its application for the European Union Virtual Currency Service Provider License from the Estonian Government. дальше »

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USV set to allocate 30% of its core fund to crypto

New York-based Union Square Venture expects to inject a notable fraction of its freshly…

The post USV set to allocate 30% of its core fund to crypto appeared first on Coin Journal.

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KickEX New Deposit Contest; Make a deposit on the exchange and win 100 USDT!

On July 1, a new deposit contest has started on KickEX, a next-gen crypto exchange, licensed and regulated in the European Union. It specializes in advanced trading features suitable for both beginnerThe post KickEX New Deposit Contest; Make a deposit on the exchange and win 100 USDT! appeared first on AMBCrypto. дальше »

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Crypto Lending Platform Cred Onboards Former Western Union and PwC Executives

Crypto lending and borrowing firm Cred announces the addition of new executives to its team дальше »

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Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015. дальше »

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EU’s Law Enforcement Agency, Europol, Targets Bitcoin Privacy Tool Wasabi Wallet

Europol, the European Union’s Law Enforcement Agency recently released a two-part report analyzing the impact of privacy tools in crimes related to cryptocurrency. Privacy tools such as Wasabi wallets are used by individuals to hide the origin of crypto transactions. дальше »

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ConsenSys Backed Nomisma Exchange Cleared by European Union to Trade Crypto Derivatives

Nomisma crypto exchange has become the first crypto derivatives platform to get a regulatory nod from the Liechtenstein Financial Market Authority to operate a blockchain-based Multilateral Trading Facility (MTF). дальше »

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Crypto.com Rolls Out Visa Card to 31 European Nations

Crypto.com is now shipping its crypto-to-fiat card, the MCO Visa, across the European Union. дальше »

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KR1 invests in Ethereum-built credit mutual project Union Finance

KR1, a blockchain asset and crypto investment firm, today announced that it has invested a total of USD $75,000 in the Union Finance project. KR1 will receive a yet-to-be-determined amount of discounted tokens from this seed round participation. дальше »

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Dutch Bitcoin Companies Face Millions in “Unusual” AML Fees

As each member of the European Union turns the fifth anti-money laundering directive (AMLD5) into law, some member states are going above and beyond what has been recommended. In Holland,...The post Dutch Bitcoin Companies Face Millions in “Unusual” AML Fees appeared first on Crypto Briefing. дальше »

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Crypto Regulation: EU Proposes Novel Approach to Industry “Gray Areas”

European Union (EU) lawmakers have released a report detailing possible approaches towards crypto regulations for some of the industry’s “gray areas,” which include mining, stablecoins, and token sales like initial coin offerings (ICOs). дальше »

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Opera Browser Brings Seamless Crypto Buying to EU Countries

Norwegian web browser Opera has expanded its crypto services to include the European Union (EU) countries in addition to four other countries, through a collaboration with Wyre, a U. S. -based cryptocurrency remittance platform. дальше »

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P2P fiat-crypto gateway Ramp receives open banking license in Europe

Ramp, a Warsaw-based crypto payment gateway, announced it has received an Open Banking License in Europe. The firm was authorized by The Polish Financial Supervision Authority (KNF). The license will allow for faster, simpler and cheaper processing of crypto transactions for users in the European Union. дальше »

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CoinDCX CEO pens open letter to India’s Finance Minister on crypto potential

Ahead of the 2020 Union Budget of India, arguably the most challenging of Prime Minister Narendra Modi’s government—Sumit Gupta, CEO and Co-Founder of CoinDCX, India’s largest cryptocurrency trading platform, and liquidity aggregator, has written an open letter to the Finance Minister of India, Nirmala Sitharaman, on the potential of India’s cryptocurrency sector to invigorate the […] CryptoNinjas: CoinDCX CEO pens open letter to India’s Finance Minister on crypto potential дальше »

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Crypto Exchanges Facing Greater Compliance Costs as AMLD5 Comes into Effect

With the European Union (EU) member states adopting the Fifth Anti-Money Laundering Directive (AMLD5), crypto exchanges in the region could see their compliance costs rise significantly. Meanwhile, financial regulators in the U. дальше »

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With New Regulations, Europe’s Crypto Companies May Be Running Out of Options

European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. дальше »

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EU Countries Commence Crypto Regulations as Mandated by New Directive

The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. дальше »

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Deribit Crypto Derivatives Exchange Moves Operations to Panama in Response to EU’s 5AMLD

The Fifth Anti-Money Laundering Directive (5AMLD) set to be adopted by the European Union is slowly forcing out crypto firms operating in the region. Deribit, a digital currency derivatives exchange based in the Netherlands, is the latest to announce an exit from the EU. дальше »

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BitHD to provide cold wallet security for crypto exchange Bibox

Bibox, a cryptocurrency exchange company, has announced a new strategic partnership with BitHD, to join the “BitHD Multisig Union” program. The BitHD team will provide Bibox with a full range of customized wallet security services, including ERC20-based multisig solutions. дальше »

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Smoking Gun: Dutch central bank caught overreaching in local crypto businesses

The upcoming fifth Anti-Money Laundering Directive (AMLD5) within the European Union (EU) has already spelled the end for smaller crypto firms on the continent. In the latest, however, a secret memo between the Dutch Central Bank and the Minister of Finance indicates that crypto companies in Holland may face additional rules that go beyond what […] The post Smoking Gun: Dutch central bank caught overreaching in local crypto businesses appeared first on CryptoSlate. дальше »

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Crypto exchange Poloniex offers 65% APR on USDC deposits, but community cries foul

Popular cryptocurrency exchange Poloniex shocked the crypto industry when they announced that they would be offering an unprecedented interest rate to users looking to engage in USDC and USDT lending, offering interest rates as high as 65 percent APR to customers located in the European Union. дальше »

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Fintech Firm Amun Gets SFSA Regulatory Approval To Offer Its Crypto ETP In European Union

Amun, a fintech asset management firm based in Switzerland which was offering its crypto Exchange Traded Product (ETP) in Germany and Switzerland has got the approval from Swedish Financial Supervisory Authority (SFSA), to offer its product in European Union and Sweden. дальше »

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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […] дальше »

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MoneyGram Is “Now Live” With XRP And Ripple

One of the largest providers of global money transfers is ready for cryptocurrency. MoneyGram, which ranks just behind Western Union in cross-border transfers, is now ready to use Ripple’s xRapid network, which uses the XRP currency. дальше »

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Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency

One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already […] The post Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency appeared first on CCN Markets дальше »

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Finnish-Based Crypto Broker Prasos Granted EU’s Payment Institution License (PIL)

Prasos, a Helsinki based company offering crypto brokerage and exchange services has finally been granted a Payment Institution License (PIL) to operate within the European Union, CoinDesk reports. Announcing the new developments, Prasos Limited indicated that it was only the third company dealing with cryptos to be awarded with the licence in Europe. The license […] дальше »

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No Bitcoin Regulation Talk in India’s Union Budget 2019; Good News?

India’s Finance Minister Nirmala Sitharaman presented the country’s Union Budget for 2019-2020, and there was no mention of Bitcoin or cryptocurrency regulation. Some crypto watchers interpret it as a positive sign. дальше »

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Is Facebook’s Libra the birth of a regulation-friendly cryptocurrency?

When the time comes for the ultimate decision, either cryptocurrency or fiat must stoop to form the new status quo for finance. Facebook’s entry into the crypto space stirred the pot, bringing focus on crypto’s role within the existing market regulations. дальше »

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German State-Backed Crypto To Set Ball Rolling On E-Euro As Facebook Libra Fears Mount

Germany’s Christian Democratic Union (CDU) and sister party the Bavaria-based Christian Social Union (CSU) have released a joint report calling for the setting up of a German euro-backed stablecoin cryptocurrency. дальше »

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Zimbabwe Trade Union Demands More Stable Currency, This is Why Crypto is Important

A Zimbabwean government policy to ban the use of the US dollar and other currencies has been met with bitter opposition by the largest trade union in the country. The ongoing spat highlights the need for people to have the kind of free choice of currency that crypto assets can provide. дальше »

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Europol Nabs Crypto Thieves Behind International $27 Million Heist

The European Union Agency for Law Enforcement Cooperation (Europol) executed six arrests in connection with an investigation into an international $27 million heist that scammed victims into depositing funds at a fake crypto exchange. дальше »

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YouNow Live Streaming Project Files New Crypto Offering With The US SEC For Props Token

YouNow — a live streaming venture that is funded by Union Square Ventures — recently filed a public offering for its native token offering (called ‘Props’) with the US Securities and Exchange Commision. дальше »

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Blockchain Giants, Arax Wallet and COSS are Merging to Create a ‘Crypto One-Stop Solution’

Foremost blockchain platform Arax Wallet Announced its effective partnership with Singapore based Cryptocurrency exchanges COSS. The partnership will be directed towards creating a one-stop solution, with the token swap expected to take place on June 25, 2019. дальше »

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Will Visa and Western Union Collaboration Weaken Ripple From Pushing for Institutional Adoption?

Ripple has been in the forefront working to bring cryptocurrency to the mainstream, pushing for institutional adoption not just for its native token XRP but for all digital assets. But now the Fintech crypto and blockchain adoption crusader may encounter a formidable force of Visa and Western Union partnership. дальше »

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SEC’s harsh crypto regulations would drive innovation away from the US to Asia, says Fred Wilson

Circle-acquired Poloniex, one of the leading cryptocurrency exchanges in the world, announced the geofencing of nine assets on its platform recently. The reason revealed by them was the uncertain regulatory climate in the US, leading them to take a cautionary step fearing the Securities and Exchange Commission’s [SEC] retribution. дальше »

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European Central Bank: Bitcoin isn’t a threat, cryptocurrency not a new asset class

The European Central Bank (ECB), Eurozone’s chief financial regulator, has released its report on cryptocurrencies and their implications on the financial stability of the region. The paper took a neutral stance towards digital assets and said that they weren’t a threat to the economy. дальше »

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“Crypto Spring” May Be Back, but Investors Should Remain Cautious

Is crypto spring finally here? Renowned venture capitalist and angel investor, Fred Wilson, believes it just may be, as he mentioned in a blog post, May 15, 2019. His fund, Union Square Ventures (USV), is one of the most significant private investment funds in the space and has funded the likes of Blockstack, Coinbase, PolychainRead MoreRead More. дальше »

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The Digital Euro Wallet Designed by Leading Crypto Currency Exchange Globitex

Launched in February of 2019, the Euro Wallet provides the financial market with an unrivaled solution to crypto exchange transfer speed. An efficient alternative that no bank can provide, transferring cryptocurrencies between exchanges, individuals and into FIAT has never been simpler. дальше »

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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges

It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »

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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year

Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »

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bitFlyer Conducts European Study of Consumer Crypto Confidence

On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations. дальше »

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New York Makes First Money Laundering Conviction Involving Cryptocurrency

In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments. дальше »

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New York State Sees First Conviction for Crypto Money Laundering

A case involving millions of dollars in bitcoin and Western Union payments resulted in New York State's first conviction for crypto money laundering. дальше »

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Men plead guilty in first NY conviction for money laundering involving Bitcoin

Two US men have pleaded guilty to running a steroid and controlled substance business that laundered millions of dollars in cryptocurrency and Western Union payments. Representing the first conviction for money laundering involving cryptocurrency by New York State prosecutors, the defendants sold their products, which they made, marketed, and shipped, on a website they controlled called ‘NextDayGear,’ as well as on the dark web. дальше »

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