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Canada mandates registration of cryptocurrency exchanges by June 2020

The Financial Transactions and Report Analysis Center of Canada(FinTRAC) released a report on 10 July, revealing financial regulations that the Canadian government has planned, for 2020. According to the report, cryptocurrency exchanges will be entailed to register with the Financial Transactions and Report Analysis Center of Canada, in order to restrain money laundering activities in […] The post Canada mandates registration of cryptocurrency exchanges by June 2020 appeared first on AMBCrypto. дальше »

2019-7-12 23:30


Rakbank, Who Has Integrated RippleNet, Has CEO Asks Peers To Embrace Blockchain Technology

Rakbank CEO Peter England says that traditional banks have to work towards empowering companies that are working to develop blockchain technology. England said that APIs and distributed ledger technology present an opportunity to change the way international payments are handled, adding: “Blockchain technologies do have the potential to disrupt the financial services industry and create […] дальше »

2019-7-11 21:26


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Two Americans Fined $360,000 for Impersonating CFTC in Bitcoin Scam

Texas court has granted a motion against two American citizens that were soliciting Bitcoin impersonating the U. S. Commodity Futures Trading Commission (CFTC). The criminals were using Facebook and email tactics to persuade citizens into sending them bitcoin, claiming they were investing those funds into financial products. дальше »

2019-7-12 21:00


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Two Americans Fined $360,000 for Impersonating CFTF in Bitcoin Scam

Texas court has granted a motion against two American citizens that were soliciting Bitcoin impersonating the U. S. Commodity Futures Trading Commission (CFTC). The criminals were using Facebook and email tactics to persuade citizens into sending them bitcoin, claiming they were investing those funds into financial products. дальше »

2019-7-12 21:00


Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman

Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto. дальше »

2019-7-11 18:30


Austria Financial Market Authority Warns Crypto Investors Against Using Unlicensed Bitcoin Trader

The Austrian Financial Market Authority, FMA, is warning the public against doing any business with cryptocurrency investments websites dubbed Bitcoin Trader. Speaking on Wednesday, the regulator said that, despite the entity carrying out businesses in the country, it hadn’t been granted the licenses to operate yet. In an announcement, FMA said that Bitcoin Trader is […] дальше »

2019-7-11 17:06


Altcoins fall below key support levels

The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto. дальше »

2019-7-11 11:00


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Russia May Postpone Implementation of Cryptocurrency Law 

Anatoly Aksakov, head of the State Duma Committee on the Financial Market revealed that Russia’s digital financial assets law has been practically agreed upon but it may be postponed to autumn because the authorities have been unable to reach a concrete agreement on how bitcoin and altcoins should be handled in Russia, reports Tass on JulyRead MoreRead More. дальше »

2019-7-11 09:00


XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking

Ripple-powered XRPL Labs has been working on tech to simplify payments for not only major financial institutions, but also the crypto-community. One such XRPL Labs developer is Wietse Wind, the creator of XRP TipBot, who has been regularly talking about XRPL-bridged back accounts for users to hold, send and receive EUR on XRP ledger, ILP, […] The post XRPL Labs introduces XUMM in an attempt to replace traditional banking with decentralized banking appeared first on AMBCrypto. дальше »

2019-7-10 17:00


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Чамат Палихапития: биткоин — единственная страховка от рисков традиционной финансовой системы

Основатель венчурной фирмы Social Capital Partnership и владелец баскетбольного клуба «Голден Стейт Уорриорс» Чамат Палихапития убежден, что биткоин является «единственным и лучшим» средством хеджирования против рисков традиционной финансовой системы. дальше »

2019-7-10 13:59


Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’

The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »

2019-7-10 12:01


Popular Aussie commentator calls for ban on Bitcoin and its imitators citing an episode of ‘Billions’

Following a correction wave and some pullback, the world’s largest cryptocurrency is surging again. This has caused many to turn bullish about the coin again. However, award-winning Australian journalist and the owner of financial services company Switzer Financial Group, Peter Switzer, thinks otherwise, after he called for a ban on Bitcoin and other cryptocurrencies. дальше »

2019-7-10 23:30


Regulators Give Thumbs Up To Non-Custodial Exchanges

Cryptocurrency exchanges are navigating uncharted waters, but new regulatory guidelines could help these businesses reach land. The two leading U. S. regulators, the SEC and Financial Industry Regulatory Authority (FINRA), have released a joint statement on broker-dealer obligations for digital assets, clarifying some of the rules that apply to cryptocurrency exchanges. дальше »

2019-7-10 20:26


Facebook’s Libra Is The Push Behind China’s Latest Move To Develop Its Own Digital Currency

Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems. дальше »

2019-7-10 18:37


xRapid User Fleetcor Acquires a Payroll Card Provider; Will This Move Ripple into SMB Territory?

Fleetcor Technologies announced the acquisition of SOLE Financial, a payroll card provider that enables instant and affordable wage access for workers, on July 8. The leading global business payments company will combine SOLE with its existing digital paycard business and increase the overall addressable market for the company. “SOLE is a good strategic fit with […] дальше »

2019-7-9 16:45