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Circle CEO To Testify During Senate Hearing On Crypto Regulation
This Tuesday, the Senate Banking Committee will convene to discuss current and potential crypto regulation plans. During the hearing, Circle CEO Jeremy Allaire will testify on behalf of the Blockchain Association and ask that Congress treat digital assets as their own asset class. дальше »
2019-7-30 23:53 | |
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Top expert: Those who ban crypto, send country 40 years in the past!
For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency. дальше »
2019-7-29 20:01 | |
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Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India
Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. дальше »
2019-7-27 11:00 | |
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Fed Will Take Interest Rates to Zero, Says Billionaire Investor Kyle Bass
The Federal Open Market Committee (FOMC) could take a final call on lowering interest rates by a quarter percentage point in its meeting next week. But according to billionaire investor Kyle Bass, the bells of a recession could force the committee to consider even zero rates. дальше »
2019-7-26 17:26 | |
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India’s Crypto Dial Leaned Regulation Before Central Bank’s ‘Ban’ Shove
India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets. дальше »
2019-7-27 13:13 | |
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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed. дальше »
2019-7-26 13:05 | |
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Senate Intelligence Committee: Russia targeted all 50 US states ahead of 2016 elections
In a heavily redacted report released by the Senate Intelligence Committee today says Russians targeted election systems in all 50 US states ahead of the 2016 elections. This shows a much larger impact than previous reports (which separately noted that 21 states, and then 39 states were affected) as targets of the Russian interference. дальше »
2019-7-26 09:50 | |
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Special Committee Calls For Complete Crypto Ban In India As Supreme Court Continues To Delay Crypto Hearing
The tussle between the Indian crypto community and the government is still ongoing as the government aims to completely ban cryptocurrencies from the country. The government also seeks to establish its own cryptocurrency. дальше »
2019-7-25 20:39 | |
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Andrew Yang Political Action Committee To Accept BTC Donations Through the Lightning Network
For the first time in history, a U. S. presidential candidate is going to be accepting Bitcoin (BTC) through the Lightning Network (LN). The information was released by the Political Action Committee (PAC) called Humanity Forward Fund (Humanity FWD) on its website on July 25. дальше »
2019-7-25 20:32 | |
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U.S. Regulators Set to Examine Regulatory Frameworks for Cryptos and Blockchain
According to the United States Senate Committee on Banking, Housing, and Urban Affairs, July 24, 2019, the Senate will conduct a full committee hearing which will solely focus on “Examining Regulatory Frameworks for Digital Currencies and Blockchain. дальше »
2019-7-25 13:00 | |
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. дальше »
2019-7-24 17:08 | |
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India Bitcoin Ban Recommendation Based on Flawed Arguments
WazirX founder Nischal Shetty believes that the recent IMC (Inter-Ministerial Committee) report put forward by the Indian government calling for a complete bitcoin and crypto ban in India drew its conclusion from inaccurate assumptions. дальше »
2019-7-24 17:00 | |
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Senate Committee schedules another hearing; has Libra woken up a regulatory sleeping giant?
All eyes will be on Washington D. C. once again. The cryptocurrency industry, from a regulatory standpoint, will be divided into two phases of history; one before Libra and the other after. Since Libra was unveiled in mid-June, regulators the world over have not let up. дальше »
2019-7-24 14:00 | |
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Senate Banking Committee to Indulge in a Crypto Regulation Hearing Next Week
Coinspeaker Senate Banking Committee to Indulge in a Crypto Regulation Hearing Next WeekThe crypto community is on a wait-and-see mode awaiting regulation hearings by the Senate Banking Committee expected to shape the future of the nascent crypto industry with more regulations introduced. дальше »
2019-7-24 13:22 | |
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Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP
The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets дальше »
2019-7-24 13:22 | |
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Facebook Accused of Moving Fast to “Break Things” During Senate Hearing
Libra project head, David Marcus, has had the uphill task of mollifying skeptical lawmakers. Appearing before the Senate Banking Committee hearing earlier this week, the former PayPal executive was in… The post Facebook Accused of Moving Fast to “Break Things” During Senate Hearing appeared first on CoinCentral. дальше »
2019-7-24 22:06 | |
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India: IMC’s recommendation to ban private cryptos does injustice to the country’s unbanked, crypto-community
While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies. дальше »
2019-7-23 17:30 | |
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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-23 16:05 | |
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Indian Government Unveils Draft Crypto Bill
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-24 16:05 | |
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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
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Crypto exchange exec says Bitcoin ban in India not final yet, is there any hope?
This week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on crypto assets like bitcoin. According to Reuters, the panel led by finance secretary Subhash Chandra Garg has suggested a fine of $3. дальше »
2019-7-23 10:57 | |
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India’s Ban On Cryptocurrency: Several Crypto Proponents Ready To Hold Talks With Indian Regulators
The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency. дальше »
2019-7-23 09:22 | |
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India: Government Committee Recommends Cryptocurrency Ban
Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »
2019-7-23 20:33 | |
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Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban
An Indian inter-ministerial committee on cryptocurrency and blockchain technology has finalized a report recommending both the establishment of a digital Rupee and a ban of cryptocurrencies. Ban Crypto, Establish E-Rupee The roughly 200-page report spends thousands of words breaking down and praising the potential uses of blockchain technology, specifically in areas like land management. дальше »
2019-7-22 18:38 | |
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India: Gov’t Committee Recommends Blanket Cryptocurrency Ban
The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize Total Bitcoin Ban In a report submitted on Monday (July 22, 2019) the IMC recommended that the government institutes a total bitcoin ban. дальше »
2019-7-23 17:09 | |
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India’s Inter-Ministerial Committee recommends ban on private cryptocurrencies
While most countries have remained uncertain about cryptocurrencies and crypto-adoption, India perhaps leads the race in terms of keeping its citizens in the gray. With Right to Information (RTI) requests going vaguely answered and strange rumours about a ban floating around, India’s Ministry of Finance has now openly addressed the ongoing crypto-confusion. дальше »
2019-7-22 16:42 | |
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Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?
Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry. дальше »
2019-7-21 03:30 | |
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Breaking Down The Facebook Libra Hearings
Facebook’s libra is under the scrutiny since pretty much everyone is freaking out that a company that’s run by a fun-sized Chucky doll is jumping in the cryptocurrency water. Watch the video to see the latest news on Facebook Libra hearings at House Financial Services Committee. дальше »
2019-7-20 21:57 | |
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Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
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Bitcoin’s allies in Congress, House Committee lauds cryptocurrency while denouncing Libra
In a historic moment in Congress, pro-cryptocurrency representatives warned the House of Representatives of the “unstoppable” power of Bitcoin, calling for the United States to clarify regulations and seize the lead in blockchain innovation. дальше »
2019-7-19 05:29 | |
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US Treasury Sec: We Don’t Want Bitcoin Becoming a “Swiss-Numbered Bank Account”
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. дальше »
2019-7-19 00:00 | |
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Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible?
With the recent price losses that have seen Bitcoin fall below $10k, it is only fair that people begin to ask if $8k is another price level for the cryptocurrency to test. Well, given the animosity from the United States Senate Committee on Banking, Housing, and Urban Affairs and more recently the Secretary of the […] The post Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible? appeared first on ZyCrypto. дальше »
2019-7-18 19:45 | |
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Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project
The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […] дальше »
2019-7-18 19:28 | |
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Anti-Bitcoin Congressman: Libra Could be as Damaging as 9/11
Bitcoin Skeptic Bashes Libra On Wednesday, Libra was the primary topic of discussion for the House Committee on Financial Services. Unsurprisingly, there was a multitude of U. S. politicians that expressed disdain towards the corporate cryptocurrency. дальше »
2019-7-18 16:45 | |
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Libra is Not Bitcoin, CoinShares Exec Testifies Before US Congress
Facebook cryptocurrency Libra is an imitator of Bitcoin, Meltem Demirors of CoinShares testified before the US Congress on Wednesday. The chief strategy officer appeared before the House Financial Services Committee to explain the difference between Bitcoin and thousands of cryptocurrency projects that takes inspirations from it. дальше »
2019-7-18 16:00 | |
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Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings
Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions. дальше »
2019-7-18 03:30 | |
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Media Blockchain Pilot Welcomes McDonald’s, Virgin Media, and Nestle for Advertising Purposes
Jicwebs has a blockchain trial that is presently active, involving many major companies. The goal of the pilot is to improve digital advertising. Blockchain technology is being adapted to many different use cases, leading to the blockchain trial by the Joint Industry Committee for Web Standards. дальше »
2019-7-18 02:46 | |
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Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building
Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants including Facebook, has been touted as a “centralized digital crypto” by many skeptics. дальше »
2019-7-18 00:30 | |
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“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation
Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space. дальше »
2019-7-18 00:26 | |
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Facebook's House Committee Focuses Heavily On What Exactly Libra Is
With yesterday's Senate hearing centering on lawmakers' distrust of Facebook, the social media giant's House Financial Services Committee hearing focused much more on what exactly Libra is and saw regulators speaking in a surprisingly positive manner about Bitcoin. дальше »
2019-7-18 00:08 | |
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Crypto dip follows political pushback against Facebook's Libra
David Marcus, head of Calibra, was grilled at a Senate Banking Committee hearing yesterday following pushback against the Libra from both sides of the political aisle. The market responded with a sharp sell-off, with BTC dropping below $10,000. Is the US turning bearish on crypto? дальше »
2019-7-18 23:00 | |
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Rep. Patrick McHenry: Libra Can be killed, But You Can’t Kill Bitcoin
US congressman Patrick McHenry was a guest at CNBC’s Squawk Box where he weighed in on Facebook’s Libra and bitcoin following Libra’s hearing before the Senate at Capitol Hill. Patrick presently represents the 10th District of North Carolina and is also a ranking member of the Financial Services Committee. дальше »
2019-7-18 20:54 | |
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Facebook Hawks Libra as Western Union 2.0 Amid Capitol Hill Slugfest
House Financial Services Committee Chairwoman Maxine Waters has been on a crusade against Facebook’s entry into cryptocurrency via the Libra project. Her rampage continued on Wednesday during a second day of congressional hearings devoted to Libra. дальше »
2019-7-18 20:40 | |
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Crypto Custodian Anchorage To Set Up Subsidiary In South Dakota, Anchorage Trust Company
After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U. дальше »
2019-7-17 19:03 | |
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