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Philippines SEC Warns Against ‘Decentralized’ Multi-Level Marketing Scheme, Forsage
The security and exchange commission of the Philippines has released a fresh warning against Forsage gifting schemes and has outed one Lado Okhotnikov as the mastermind behind the Forsage gifting schemes being operated in the country. дальше »
2020-7-2 05:54 | |
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Crypto Mostly a Speculative Investment: U.K. FCA Survey
Awareness in the U. K. appears to be on the rise as the latest survey shows that about 1. 9 million adults in the country own cryptocurrencies. This increasing crypto adoption also seems to be happening evenly across several age demographics. дальше »
2020-7-1 22:19 | |
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FCA Research Finds 3.86% of the UK’s General Population Currently Owns Crypto
UK financial regulator, the Financial Conduct Authority (FCA) today published the results of its latest research into the current state of the crypto ecosystem in the country. According to the results, about 3. дальше »
2020-7-1 18:07 | |
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Indian Crypto Banks and Exchanges See Massive Growth Amid Rising Covid-19 Crisis: Survey
The crypto industry in India is experiencing massive growth, according to a new survey of crypto banks and exchanges. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. дальше »
2020-7-1 13:15 | |
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Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. дальше »
2020-6-30 14:15 | |
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Venezuela Bypasses Sanctions With Bitcoin Payments for Passports
The South American nation of Venezuela appears to have run a very brief trial accepting Bitcoin payments for passport applications. SAIME (the country’s Administrative Service for Identification, Migrants, and Foreigners) added the option yesterday for some overseas applicants before quickly removing it again. дальше »
2020-6-26 21:21 | |
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Vietnam Warns Against Investing in Crypto Schemes
Vietnam’s anti-crypto stance appears to be going nowhere as a former police chief recently advised the public not to invest in cryptocurrency schemes. Advertising Crypto Investment Schemes Illegal in Vietnam According to the Saigon Times, an ex-police Vu Hoang Kien chief says advertising crypto investments in the country are illegal. дальше »
2020-6-24 01:00 | |
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LibertyX Allows Bitcoin Purchase at 20,000 Retail Stores and Pharmacy Chains Across the U.S.
LibertyX, America’s pioneer Bitcoin (BTC) ATM installer has launched the “Bitcoin on Every Block” initiative which aims to make it possible for U. S. residents to buy Bitcoin (BTC) with cash at 20,000 retail stores and pharmacy chains in the country, including 7-Eleven, CVS Pharmacy, and Rite Aid, according to a press release on June 22,Read MoreRead More. дальше »
2020-6-24 18:07 | |
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Vietnamese Official Urges Public to Avoid Funding Campaigns for Crypto Business
A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them.
дальше »2020-6-23 14:16 | |
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China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.
дальше »2020-6-23 14:00 | |
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One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. дальше »
2020-6-23 06:00 | |
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Italian Banking Association Wants A Digital Euro; Ready to Participate in Pilot Program
Italian Banks are ready to participate in the launch of a digital Euro according to an announcement last week by the country's banking association (ABI). This body made up of over 700 banks said in a statement that it would be willing to speed up the roll-out of an ECB backed digital currency. Talks in […] дальше »
2020-6-22 18:52 | |
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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic
Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […] дальше »
2020-6-22 16:47 | |
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Securitize Japan Joins Self-Regulatory Association, JSTOA, To Scale Market Opportunities
The Japan subsidiary of SEC approved digital token offering firm, Securitize, has joined the country's Security Token Offering Association (JSTOA). Securitize Japan debuts as the first international token issuer in the self-regulatory association as it seeks to expand its footprint in one of the most crypto advanced jurisdictions. This move comes months after the firm […] дальше »
2020-6-22 14:49 | |
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UK Financial Watchdog Reminds Crypto Businesses to Register Ahead of Deadline
The U.K.’s Financial Conduct Authority is urging all crypto businesses operating in the country to submit their applications by June 30 to make it for the 2021 deadline. дальше »
2020-6-22 14:39 | |
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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
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Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. дальше »
2020-6-22 13:50 | |
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United States in Distress: Changemakers Needed Now
The world’s leading technological and economic country is significantly outdated on two major levels requiring dramatic changes: government and politicians. дальше »
2020-6-22 18:58 | |
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Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony
According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed ‘Project Bakong’ to disrupt the dollar’s hegemony in the country. дальше »
2020-6-20 17:00 | |
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Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC
Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions. дальше »
2020-6-20 19:54 | |
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Thailand: Central Bank Partners with SCG for CBDC Pilot Test
Thailand’s central bank in partnership with SCG — one of the country’s largest conglomerates — is set to run a pilot test for a central bank digital currency (CBDC). Thailand Moving Forward with Digital Currency Plans According to the Bangkok Post, SCG has signed a memorandum of understanding (MoU) with the Bank of Thailand (BOT),Read MoreRead More. дальше »
2020-6-20 17:07 | |
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Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry
Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […] дальше »
2020-6-18 16:15 | |
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South Korea to Impose Crypto Tax, Says Finance Minister
According to a report by a local media outlet, Korea JoongAng Daily, the South Korean finance minister today confirmed that the country will go ahead with its plan to tax cryptocurrency transactions. дальше »
2020-6-18 21:07 | |
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Mauritius: Financial Regulator Issues Security Token Offering Guideline
The Mauritius Financial Services Commission (FSC) has released guidelines for regulated security token offerings (STO) in the country. The news forms another milestone for the island-state in its drive towards expanding its emerging digital economy. дальше »
2020-6-18 17:07 | |
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India Won’t Ban Crypto Again, Rumors are “Overblown”
A new ban on Bitcoin ownership in India is unlikely, say companies working in the country’s crypto industry. The rumors about a new ban began last week after a news... The post India Won’t Ban Crypto Again, Rumors are “Overblown” appeared first on Crypto Briefing. дальше »
2020-6-17 00:22 | |
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U.S Treasury Secretary Says the Country Will Not Shut Down Despite Second Wave COVID-19 Fears
U. S Treasury Secretary, Steve Mnuchin, has ruled out the possibility of a second lockdown despite a spike in new COVID-19 cases within the United States. This comes as Wall Street and Asian markets dipped towards the end of last week in fears of possible second wave. дальше »
2020-6-15 17:44 | |
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The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo
China’s DCEP may cause little disruption in the country’s present financial system and still... The post The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo appeared first on Coin Journal. дальше »
2020-6-15 14:31 | |
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South Korea Establishes Panel for CBDC Review
South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere. дальше »
2020-6-16 14:02 | |
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India Crypto Ban Round 2: Finance Ministry Calls for Debate
Discussions over whether to ban cryptos in India might be on the agenda again. The country’s Finance Ministry is calling for a broad-based consultation on the matter. While India’s Supreme Court struck out on a previous crypto trading ban, the subject of a blanket cryptocurrency ban is once again making headlines in the country. дальше »
2020-6-13 18:20 | |
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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 »
2020-6-12 18:07 | |
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QuadrigaCX was an “Old-fashioned Fraud Wrapped in Modern Technology” – OSC Report
“What happened at Quadriga was an old-fashioned fraud wrapped in modern technology,” said the Ontario Securities Commission in an investigation. The 10-month long investigation into the exchange by the country’s biggest securities regulator revealed that the collapse of the Canadian cryptocurrency trading platform QuadrigaCX was because of a Ponzi scheme operated by its founder Gerald […] дальше »
2020-6-12 17:20 | |
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Indian Government Considering Banning Cryptocurrencies, Again
India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies. дальше »
2020-6-12 08:35 | |
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Bitcoin, Ethereum's popularity in China not a fluke
The cryptocurrency club is becoming exclusive, with countries around the world in a race to put forward their version of a central bank digital currency [CBDC]. China is the only country that has annoThe post Bitcoin, Ethereum's popularity in China not a fluke appeared first on AMBCrypto. дальше »
2020-6-9 13:00 | |
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Set to Grow, India’s Crypto Industry Must First Toil Tough Ground
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. дальше »
2020-6-9 19:14 | |
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New COVID-19 Relief Proposal Could Provide 1 BTC a Month Worth per American Household
As of today, over two million cases of coronavirus and 112,472 deaths have been reported in the US. The lockdowns in the country resulted in the unemployment hitting 14. 7% with the loss of 20 million jobs in April. дальше »
2020-6-8 17:26 | |
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Kyrgyzstan Lawmakers Mulling Over Taxing and Regulating Cryptocurrency Mining
Kyrgyz Republic's lawmakers are looking to introduce a taxation bill for cryptocurrency mining which, if passed would make it the first piece of crypto legislation in the country. The bill would amend the Tax Code of the Kyrgyz Republic and bring crypto mining under its tax code. дальше »
2020-6-6 21:07 | |
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Japanese Banks Exploring Digital Currency Payments Interoperability
Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services. дальше »
2020-6-5 01:03 | |
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Will Chaos in U.S. Surge Bitcoin above $10,000 Again?
Since Floyd’s death on May 25 in Minneapolis, Minnesota, civil unrest has sprung up across the country. Six states and 13 cities have declared states of emergency, and the National Guard has been called to help in 21 states and Washington, DC. дальше »
2020-6-4 17:23 | |
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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines
Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. дальше »
2020-6-4 05:30 | |
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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
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Iranian Official: Central Bank Should be In Charge of Crypto’s; ‘Take Bitcoin Seriously’
An Iranian lawmaker has argued that the country's Central Bank ought to be the oversight body of Bitcoin and other digital currencies. Tasnim news agency was the first to report on this development after Rep Mohammad Hossein Farhangi (Tabriz) shared his sentiments in Parliament. дальше »
2020-6-4 23:48 | |
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