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Bitwala Is Offering German Citizens Joint Crypto and Fiat Banking Accounts
German blockchain startup Bitwala has launched crypto banking in Germany. After securing €4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users. дальше »
2018-12-13 22:32 | |
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Mike Novogratz Adamant That Bitcoin (BTC) Won’t Fall To $0
Bitcoin fanatic and blockchain enthusiast Mike Novogratz, a former Wall Street hotshot, recently doubled-down on his pro-crypto sentiment, even while this infant market continues to fall victim to shortcomings. дальше »
2018-12-12 07:30 | |
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PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’
Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity. дальше »
2018-12-11 06:50 | |
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South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services
South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018. дальше »
2018-12-11 04:00 | |
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‘You Will Be Kicked Out’ – China Officially Bans Security Token Offerings (STO)
The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies. дальше »
2018-12-10 15:00 | |
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Governor of China’s central bank defines STOs as illegal financial activity in the country
The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […] дальше »
2018-12-10 09:29 | |
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Deputy governor of China’s central bank defines STOs as illegal financial activity in the country
The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […] дальше »
2018-12-10 09:29 | |
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With Large Financial and Tech Partnerships Secured This Year, Is Hydrogen the Next Ripple?
Hydrogen has signed long-term deals with financial giants TD Bank and Principal Financial, and secured a tech partnership with… The post With Large Financial and Tech Partnerships Secured This Year, Is Hydrogen the Next Ripple? appeared first on Invest In Blockchain. дальше »
2018-12-10 08:49 | |
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People’s Bank Of China (PBoC) Says Security Tokens (STO) Are An “Illegal Financial Activity In China”
China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […] дальше »
2018-12-10 06:11 | |
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Chile’s Finance Minister Comments on How Cryptocurrency Regulation is Progressing
Filipe Larrain, Chile’s Minister of Finance, recently stated that several governmental entities are “making progress” on creating crypto regulation. He added that the finance ministry is collaborating with the country’s central bank and Financial Stability Board to develop a balanced framework in the industry. дальше »
2018-12-9 22:28 | |
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Malaysian Financial Regulators to Intensify Scrutiny of ICOs, Cryptocurrencies
Malaysia’s securities regulator and central bank are to strengthen their scrutiny of initial coin offerings (ICOs) through new rules meant to eliminate issues of unfair trade practices and alleged risk of money laundering and terrorism financing. дальше »
2018-12-9 23:30 | |
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South Africa to Update, Review Old National Payment System, Cryptos Can Be Positively Affected
The financial authorities of South Africa are now looking for comments on a proposed policy that could enact changes that would offer more regulatory certainty in the country. This happened soon after the South African Reserve Bank (SARB) and the National Treasury decided to overhaul the current system that is being used in the country, […] дальше »
2018-12-7 17:41 | |
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Islamic Financial Institution to Launch Interbank Blockchain Tools
An agreement has been signed between iFinTech Solutions, a Tunis-based fintech firm, and the Islamic Corporation for the Development of Private Sector (ICD), the private sector arm of Islamic Development Bank Group (IsDB), according to its press release. дальше »
2018-12-7 16:26 | |
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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions
Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. дальше »
2018-12-7 20:30 | |
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This Year's G20 Put an Emphasis on Cryptocurrency Regulation
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. дальше »
2018-12-4 23:44 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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Wyoming Passes Blockchain Bank Bill Despite Industry Opposition
Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. дальше »
2018-12-3 00:00 | |
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EU Workers Now Have the Option to Take Their Pay in a Euro Stablecoin
Blockchain Payroll Platform WorkChain. io has partnered with tokenization platform STASIS to enable euro-backed crypto paychecks for its European Union (EU) users with the EURS stablecoin. дальше »
2018-12-1 21:00 | |
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Goldman Sachs Still Not Ready to Hold Crypto Assets
Goldman Sachs digital assets market head brushed off the possibility of the bank holding crypto assets for their customers, saying that it’s still unviable from a regulatory perspective, Bloomberg reported on November 27, 2018. дальше »
2018-11-30 02:00 | |
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Bitcoin is Criminal Money Says the Media While Deutsche Bank Gets Raided for Laundering
Deutsche Bank has been raided today on the suspicion of money laundering. The German institution was stormed by 170 officials and, weirdly enough, no Bitcoin was found on the scene. Deutsche Bank Believed to Have Handled $354 Million in “Dirty Money” in 2016 The way the mainstream media talks about Bitcoin in relation to financial. дальше »
2018-11-29 20:00 | |
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In Cautionary Speech, Chairman Clayton Parrots SEC’s Bitcoin ETF Concerns
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF). дальше »
2018-11-29 21:56 | |
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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
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First Bitcoin ATM Installed in ECB’s Own Backyard
Germany has just got its second Bitcoin ATM in Frankfurt, home of the European Central Bank, as the total worldwide machine count hits 4000 for the first time. Bitcoin ATM Arrives in Frankfurt As local media reported November 23, Bitcoin-Store Frankfurt in Germany’s financial center and home of the European Central Bank (ECB) is now home to one of only two BTMs currently operational in the country. дальше »
2018-11-29 21:00 | |
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France’s Regulators Issues Warning over Purchasing Bitcoin from Tobacconists
French financial regulators and the national central bank have responded to the news that tobacco shops will start selling Bitcoin in 2019. In the post, they reiterate the risks associated with investing in or trading digital assets. дальше »
2018-11-26 23:00 | |
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Crypto Beginners Guide: 5 Simple Questions Answered
Cryptocurrency has been around since 2009, when bitcoin was launched by a pseudonymous programmer called Satoshi Nakamoto. Nakamoto’s big innovation was developed with the intention of verifying secure financial transactions outside the authority of a centralized bank. дальше »
2018-11-26 20:36 | |
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It’s stupid to buy Bitcoin from tobacco stores, says French regulator
The central bank of France and its local financial markets regulator,ncies are often unregulated and, generally, not well-suited for uninformed investors. “[In light of recent announcements to offer cryptocurrency coupons in tobacco stores,] the AMF, the Bank of France, and the French Prudential Supervision and Resolution Authority warn that the acts of purchasing, selling, and investing in Bitcoin are currently… This story continues at The Next WebOr just read more coverage about: Bitcoin дальше »
2018-11-26 17:07 | |
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Cryptocurrencies issued in Malaysia must go through central bank
If you thought cryptocurrencies could be kept away from the watchful eyes of banks and governments, think again. Malaysian Finance Minister, Lim Guan Eng, said that all cryptocurrencies must go through Bank Negara Malaysia, the country’s central bank, before being issued to the public, reports the New Straits Times. дальше »
2018-11-26 16:16 | |
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Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market
“It Sucks To Build A Business In A [Crypto] Bear Market” Per an exclusive report from the Financial Times, a Western world-centric media subsidiary of Nikkei Inc. , Mike Novogratz, CEO of crypto-focused merchant bank Galaxy Digital, has directly suffered due to this nascent market’s most recent downturn. дальше »
2018-11-25 21:16 | |
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Bank Frick Funds a Blockchain Research Center at the University of Liechtenstein
To mark two decades of its existence, Bank Frick is sponsoring a blockchain research and certificate program at the Liechtenstein University. Specifically, the bank will provide financial support for blockchain and fintech-related research at the university for five years. дальше »
2018-11-23 05:03 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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New Cease and Desist Order Issued Against Union Bank Payment Coin (UPBC) by North Dakota Financial Watchdog
It has just come to light recently that the North Dakota Securities Department has just issued a ‘cease and desist order’ against Union Bank Payment Coin (UBPC) in relation to the bank “illegally” promoting a scammy ICO project. дальше »
2018-11-21 20:52 | |
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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms
Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18. дальше »
2018-11-22 19:23 | |
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Blockchain Boutique to Be Launched by Ping An Bank, Using Blockchain Technology
In an announcement published in People’s Daily on November 20th, Ping An Bank has announced the upcoming launch of a boutique. The subsidiary of the Ping An Insurance Group will use blockchain, the Internet of Things (IoT), and cloud services to me this boutique possible. дальше »
2018-11-21 11:04 | |
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A Wallet Provider Develops Service for Minting “Meta Coins” Pegged by Real Bitcoin
In an effort to create a financial ecosystem around the wallet application, SovereignWallet company develops what it calls the “Algorithmic central bank” for the platform, along with the “Meta blockchain”, capable of using different protocols. дальше »
2018-11-21 10:29 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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North Dakota Regulator Issues Cease and Desist Order Against Union Bank ICO Fraud
The North Dakota Securities Department, responsible for the enforcement of the securities laws in the U. S. state, has issued a cease and desist order against Union Bank Payment Coin (UBPC) for allegedly promoting a fraudulent initial coin offering (ICO). дальше »
2018-11-21 00:00 | |
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State regulator orders fraudulent Russian cryptocurrency out of North Dakota
Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICO). дальше »
2018-11-20 20:00 | |
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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis
An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. дальше »
2018-11-19 09:00 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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ECB Official Decries Bitcoin as ‘Evil Spawn’ of Financial Crisis, Ripple Consolidates Lawsuits
In recent regulatory news, an executive board member of the European Central Bank (ECB) has given a dismissive appraisal of bitcoin and rejected the prospect of central banks issuing state-backed digital currencies in the foreseeable future. дальше »
2018-11-16 19:10 | |
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European Central Bank (ECB) Executive: Bitcoin Is The “Evil Spawn Of The 2008 Financial Crisis”
European Central Bank Exec Affirms That Bitcoin Is The “Evil Spawn Of The Financial Crisis” Benoir Couere, an executive of the board of the European Central Bank (ECB) has affirmed that Bitcoin is the “evil spawn of the financial crisis”, connecting the creation of the asset with the 2008 financial crisis. He made the acid […] дальше »
2018-11-16 02:52 | |
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The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019
The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin. de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin. дальше »
2018-11-16 02:00 | |
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Ripple’s RippleNet Welcomes CIMB Group to Power Instant Payments Across ASEAN
A new financial group has decided to join one of the most innovative and fast growing financial networks. The CIMB Group, which is ASEAN’s fifth largest bank, has partnered with Ripple so as to enable cross-border payments for CIMB’s markets. дальше »
2018-11-15 21:07 | |
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