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A New EU Report Suggests Banks Could Indulge in Financial Misconduct to Stay Away From Cryptos

A new report from an EU department shows that all is not well in the fintech sector as competition intensifies between traditional finance and crypto finance. The report prepared by the Police Department for Economic, Scientific, and Quality of Life Policies on the recommendation of the European Parliament Committee on Economic and Monetary Affairs (ECON). дальше »

2018-7-23 17:19


Why trading crypto is becoming a millionaire’s game — And how to stop it

Cryptocurrency trading is an interesting area. It’s a totally new concept, a way of trading that seems to shake off a lot of the restraints of more traditional finance. Since its inception, crypto has been more or less open to everyone, allowing people without any significant financial background to achieve massive success from virtually nowhere. […] дальше »

2018-7-22 01:27


South Korea’s Finance Watchdog’s New Crypto Division

South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »

2018-7-20 21:30


Venezuela’s Oil-Backed Petro Cryptocurrency To Finance Country’s Housing Project

As per an announcement reported via native news, Telesur, it is believed that the next use of Venezuela’s oil-based cryptocurrency, Petro has been established. The minister of the Habitat and Housing of Venezuela, Ildemaro Villarroel confirmed that new efforts are in place to provide housing to the country’s homeless through a project called “La Gran […] дальше »

2018-7-5 08:54


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EU Regulator: legal uncertainty still faced by DLT in trade finance

An EU banking regulator has published a new report exploring the benefits and risks associated with the use of distributed ledger technology (DLT) in finance. In a report published on Tuesday that discusses the rising trend of financial technology, the European Banking Authority (EBA) highlighted two banking-related use cases of blockchain: cross-border trade finance and дальше »

2018-7-4 19:43


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Controversial New Changes Are Being Planned For Japan’s Crypto Taxation

Japan’s Minister of Finance thinks that it is doubtful the public would accept a change in the taxation of cryptocurrency transactions, Cointelegraph Japan reports today, June 25. During the same meeting, Aso noted that the position of cryptocurrency in the international financial sector is uncertain. He also spoke of the importance of the development of дальше »

2018-6-26 00:50