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Global Banking Standard Setter Admits Bitcoin and Crypto are a Risk to Banks
A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market. дальше »
2019-3-15 11:20 | |
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Bitcoin Supporting 2020 US Presidential Candidate Andrew Yang Makes an Important Stride
Yang’s Milestone Pro-crypto and U. S presidential candidate Andrew Yang achieved an important milestone recently, and hence his campaign to become the president of the U. S. gained good traction within a few days. дальше »
2019-3-14 21:41 | |
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House GOP Leader McCarthy Says US Govt Must Go All-In on Blockchain
Republican House Minority Leader Kevin McCarthy (R-CA) is sounding a lot like a tech entrepreneur these days. In a plea before a select committee on March 12 introducing ideas for Congress to prioritize in the 21st century, the GOP leader made his case for integrating blockchain technology into the government’s day-to-day operations. дальше »
2019-3-14 21:35 | |
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Wells Fargo CEO ‘Earns’ Major Raise as Bank Racks up Billions in Fines
The day after his Tuesday appearance on Capitol Hill to answer questions from the House Financial Services Committee, banking empire Wells Fargo disclosed it would be giving the company’s CEO, Tim Sloan, a 5 percent raise for 2018. дальше »
2019-3-14 20:41 | |
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Donald Trump Might Have Received $100,000 Campaign Donation from 1MDB Fugitive: DOJ
The U. S. Department of Justice (DOJ), which is currently headed by Donald Trump appointee William Barr, is investigating whether a $100,000 donation made to the president’s political fundraising committee came from one of the central figures in Malaysia’s 1MDB corruption scandal, Jho Low. дальше »
2019-3-14 17:01 | |
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Basel Committee Warns Banks on Crypto Assets
The Basel Committee has claimed that crypto assets are a threat to global financial stability and advised banks to deal with them at their own risk, according to an official March 13, 2019 report published by the Bank for International Settlements (BIS). дальше »
2019-3-14 12:00 | |
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Bank Watchdog: Crypto Assets Fail as Money – and Digital Gold
The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures. дальше »
2019-3-14 01:30 | |
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Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market
The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto industry to be prudent in their approach. дальше »
2019-3-13 23:15 | |
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Global Bank Authority Issues Warning Crypto Will Disrupt Financial Industry
A recent warning from a consortium bank regulators may actually shed light on the growing state of cryptocurrency adoption. On Mar. 13 the Basel Committee, a group of global bank regulators and the standard setter. дальше »
2019-3-14 20:41 | |
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Ocasio-Cortez Blasts Wells Fargo for Lending, Embarrasses Herself in Grilling
At a House Financial Services Committee hearing on Tuesday, Congress freshman Alexandria Ocasio-Cortez (AOC) once again managed to turn herself into the center of attention by focusing on the ludicrous by castigating Wells Fargo for doing its primary job of lending. дальше »
2019-3-13 18:34 | |
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Basel Committee: Growth of Bitcoin is a Bad Sign For Global Banking System
The growth of crypto assets like bitcoin is a bad sign for the global banking system, warned the Basel Committee. The banking supervision forum said that crypto assets had become popular despite exhibiting a high degree of volatility and risk. дальше »
2019-3-13 17:13 | |
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French Finance Committee Believes Anonymous Cryptocurrencies Should Be Banned
On March 7, 2019, Forbes reported that the Finance Committee of France’s National Assembly has put together a review where it advises that anonymous cryptocurrencies should be banned. Hostility Towards Anonymous Cryptocurrencies In a recent report on digital currencies put together by the Finance Committee of France’s National Assembly, the French National Assembly’s Finance Head,Read MoreRead More. дальше »
2019-3-9 00:00 | |
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UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges
The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News. дальше »
2019-3-9 23:25 | |
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New Connecticut House Bill 7310 Looks To Legalize Blockchain Smart Contracts For Businesses
Connecticut Lawmakers Want To Legalize Smart Contracts The lawmakers at the Commerce Committee of Connecticut have recently filled the House Bill 7310, which, if it passes, can legalize the usage of smart contracts based in the blockchain technology for the first time in the state. дальше »
2019-3-9 22:44 | |
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Israeli Regulators Set to Soft Pedal on Crypto and ICO Regulations
The Israel Securities Authority (ISA), the country’s market regulator, made recommendations for the creation of a standardized digital assets platform that would support crypto trading and allow firms to raise funds by issuing tokenized assets to investors, reports Reuters on March 6, 2019. дальше »
2019-3-8 18:30 | |
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Israel Securities Authority (ISA) Finalizes Cryptocurrency Regulations for Protecting Bitcoin Investors
The Israel Securities Authority (ISA) has recently decided to publish its final report on crypto regulation in the country. The area was being studied by a committee which was originally formed in 2017 when the crypto assets started to become more prominent. дальше »
2019-3-8 16:22 | |
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Crypto Asset Users In Russia May Be Required To Use A Special Identification Process
Financial Markets Committee From Russia Considers Identity Verification From Crypto Users Russia’s Duma Committee on Financial Markets has reunited recently to consider whether people should be mandatorily identified to use digital assets or not. дальше »
2019-3-8 22:47 | |
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French Finance Committee: Ban on Anonymous Cryptocurrencies Appropriate
In a report published earlier today, the Finance Committee of France’s National Assembly has stated that it would be appropriate to ban all cryptocurrencies focused on providing greater anonymity to the user. дальше »
2019-3-7 00:00 | |
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Israel Securities Authority Wants a Dedicated Token Exchange
An Israel Securities Authority (ISA) committee tasked with examining the regulation of crypto coin offerings has submitted its final recommendations today, March 6. They include the option of creating a dedicated platform for trading digital assets. дальше »
2019-3-6 19:36 | |
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Trump Counterpunches Sweeping Democratic House Probe: ‘They Didn’t Give One Letter of the Requests’
U. S. President Donald Trump completely reversed course on whether the White House will cooperate with the House Democrats’ investigation in corruption and obstruction of justice – a probe that’s widely viewed as a pretense for impeaching the president. дальше »
2019-3-6 03:24 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Want to Insult a Black Person? Call Them a Prop; Cohen Hearing Brought Out the Worst
Former Donald Trump attorney Michael Cohen had been on the Democrats’ most disliked list. That was when he supported President Trump unconditionally. Now, even though he’s a convicted perjurer, he’s in the good graces of his haters. дальше »
2019-3-4 19:49 | |
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Indian Government Confirms Cryptocurrency Regulation in Final Stages
The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. дальше »
2019-3-2 09:30 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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Russia: Oil-Backed Cryptocurrency in ‘Final Stage of Development’
Russia’s State Duma is reportedly planning to review and adopt a cryptocurrency law to facilitate the creation of an oil-backed cryptocurrency. Russia to Adopt Cryptocurrency Law Russia’s lower house of the Federal Assembly, otherwise known as the State Duma, is reportedly planning to review and adopt a cryptocurrency law in March. дальше »
2019-2-22 18:00 | |
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Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook
Lawmakers in the UK have released a damning report on Mark Zuckerberg and Facebook, calling them “digital gangsters. ” The report refers to Facebook’s deliberate violation of privacy laws and its role in spreading “fake news” and disinformation. дальше »
2019-2-18 21:22 | |
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US Regulators File Charges Against Apple Insider Trading Lawyer, for Insider Trading
The job of a top lawyer at Apple Inc. was to ensure that no employees violate the company’s insider-trading policies. It turned out that he was the one who was trading Apple Shares illegally, according to US regulators. дальше »
2019-2-16 11:50 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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After the US, Twitter faces wrath from India’s right wing over alleged bias
Last September, when Twitter CEO Jack Dorsey appeared in front of US Congress, several Republican representatives asked him about the company’s bias against conservatives on the platform. While Dorsey denied this claim, the accusations continued to roll in over the following months. дальше »
2019-2-12 09:49 | |
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New Hampshire Lawmakers to Allow Residents Pay Tax with Bitcoin and Cryptocurrency
A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […] дальше »
2019-2-9 17:48 | |
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Indian Govt. Committee Expresses Worry on How Cryptos Can Impact National Fiat Currency Stability
India has a very rough relationship with cryptocurrencies. The country, which has enacted a ban on crypto exchanges last year, is now focused on deciding whether this ban, which is being called an exaggeration by the local crypto industry, should be lifted or not. дальше »
2019-2-5 01:21 | |
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Indian Government Fears That Cryptocurrencies Could Destabilize the Rupee
The Indian government is looking into the impact of digital currencies and worried about the consequences for the Rupee. The high-level panel assigned with the task of making the country’s digital currency rules is now suggesting that cryptocurrencies could destabilize the Indian Rupee. дальше »
2019-2-4 18:19 | |
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Indian Gov’t Committee Is Worried About Crypto’s Impact on Rupee’s Stability: Report
An Indian governmental committee is reportedly concerned about the potential impact of crypto on the stability of the country’s fiat currency
дальше »2019-2-5 17:36 | |
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Report: India Finalizing Crypto Regulatory Framework
The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. дальше »
2019-1-28 06:30 | |
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Report: Indian Government Finalizing Crypto Regulatory Framework
The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. дальше »
2019-1-28 06:30 | |
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Italy Joins the Crypto World with First Blockchain Regulation
A January 23, 2019 approval by the Italian Senate Committee has seen Mediterranean country approve its first piece of blockchain legislation which defined various blockchain terms and states that the technology can be used for authenticating the time stamp of documents. дальше »
2019-1-26 14:00 | |
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Italian Senate Committee Approves ‘Decreto semplificazioni’ Amendment For Blockchain Regulations
Italian Government Makes An Important Step As It Introduces Blockchain Regulation For The First Time Italia, which has not regulated its crypto and blockchain space so far, has made some important steps in order to do it recently. дальше »
2019-1-24 21:49 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments
Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. дальше »
2019-1-22 18:01 | |
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