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Bitcoin is Dying in This G20 Giant Because of its Suffocating Government
It is quite evident by now that the government of India doesn’t like bitcoin in particular and cryptocurrencies in general. Regulators in the country have officially clamped down on bitcoin and other cryptocurrencies, with a draft legislation making it clear that holding, buying or selling cryptocurrencies in the country is a crime. дальше »
2019-7-23 16:39 | |
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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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The Crypto and Libra world should get over the idea that U.S. Dollar is a stable currency, says George Gilder
Former director of U. S. Mint, Ed Moy, and American investor and economist, George Gilder, debated the nature of sound money and how Bitcoin and other cryptocurrencies, including Facebook’s Libra, compare to it. дальше »
2019-7-23 04:00 | |
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Why China Wants to Ban Cryptocurrency Mining
China is looking to ban cryptocurrency mining and regulators in the country are seeking public opinion on the matter. The nation is home to the world’s biggest mining-pools and hardware… The post Why China Wants to Ban Cryptocurrency Mining appeared first on CoinCentral. дальше »
2019-7-23 23:10 | |
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Just How Badly Will the U.S. Crypto Crackdown Hurt Bitcoin?
Following U. S. Treasury Secretary Steve Mnuchin’s warning that the federal government will pursue “very, very strong” enforcement of existing cryptocurrency regulations, various federal agencies and self-regulatory organizations have started to take a step further in tightening oversight on the budding bitcoin industry. дальше »
2019-7-22 20:15 | |
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German Central Bank President Sees Hope For Libra
During the G7 meeting in France last week, Jens Weidmann, president of Bundesbank, Germany's central bank, came out in favor of Facebook's Libra project, noting that regulators should not work to suppress innovation before clarifying details can be provided. дальше »
2019-7-23 19:13 | |
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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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FINRA’s Friendly Reminder Towards Firms to Keep Regulators Updated of Crypto Activities
Back in 2018, FINRA first revealed an initiative in which member firms had to notify of their current and planned activities involving crypto activities (i. e. cryptocurrencies and any other forms of digital assets). дальше »
2019-7-22 23:28 | |
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Will Regulators Apply Stricter Rules on Bitcoin Upon Investigating Facebook’s Libra Stablecoin?
In a tweet made out on Thursday, July 18, 2019, blockchain and crypto attorney, Stephan D Palley shared his viewpoint on Facebook’s Libra. Said activity isn’t the first of its kind, as many world leaders, countries and business tycoons have been assessing Libra’s pros and cons. дальше »
2019-7-22 23:13 | |
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With Libra Hearings Depicting Bitcoin As The Hero, What Can We Expect Next?
In the crypto world, the past week has been dominated by Libra hearings. Libra, Facebook’s cryptocurrency has come under fire for some time now. Soon after its launch a few months ago, regulators raised concerns that the social media giant was out to disrupt the financial system. дальше »
2019-7-21 20:31 | |
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Bitcoin (BTC) Sees Watershed Moment in China, And It’s Bullish
Bitcoin is “Property” Under Chinese Law Boom, Bitcoin (BTC) has just seen a watershed moment in China. Despite the fact that the nation’s regulators turned on cryptocurrency, enforcing heavy regulations about digital asset trading, events,. дальше »
2019-7-21 02:30 | |
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Libra Is An “Innovative Concept” And Should Not Be Suppressed: Germany’s Central Bank Head
Jens Weidmann, the President of Germany’s Central Bank Bundesbank, stated that global regulators should not suppress Facebook’s Libra project in its early stages. The statement appeared in an email newsletter shared by Mati Greenspan, a senior marketing analyst at eToro. дальше »
2019-7-20 20:40 | |
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Economist Bashes Libra, Mocks Facebook Crypto as ‘Fake Money’
In a new article called “Facebook’s Fake Money,” economist Thorsten Polleit bashes Facebook’s foray into cryptocurrency through its Libra token. Facebook Libra Isn’t Sound Money Far from alone in his criticism of Facebook’s fintech ambitions, Polleit bases his doubts on an entirely different set of metrics than do legislators and regulators. дальше »
2019-7-20 20:05 | |
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BitMEX Probe: One Single American Citizen Could Make This A Whole Lot Worse
US regulators are looking into BitMEX over accusations the popular cryptocurrency derivatives platform broke strict trading laws. The probe might expand into a full-blown investigation if American citizens are found to have been victims of fraud or manipulation by the derivatives platform. дальше »
2019-7-20 16:28 | |
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BitMex Allegedly Being Probed by American Regulators Weeks After Showdown with Roubini
After the tangle in Taipei between Arthur Hayes and Nouriel Roubini, Bloomberg journalist Tim Culpan claims that securities regulators in the United States – most likely the CFTC – are looking into the matter. дальше »
2019-7-19 15:56 | |
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What the CFTC investigating BitMEX could mean for the Bitcoin and crypto market
The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U. дальше »
2019-7-20 15:00 | |
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What the CFTC investigating BitMEX could mean for bitcoin and crypto market
The Commodities and Futures Trading Commission (CFTC) has started an investigation into BitMEX, the largest margin trading platform in the crypto market, according to a Bloomberg report. BitMEX, along with other major margin trading platforms, have not allowed U. дальше »
2019-7-19 15:00 | |
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New Jersey Sues Blockchain Firm for Unregistered $46 Million ICO
As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc. дальше »
2019-7-20 13:20 | |
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JP Morgan CEO Does Not Think Libra Is A Threat To The Banking Or Credit Card Sector
JP Morgan Does Not Think Libra Is A Threat To The Banking Sector Libra, the nascent cryptocurrency project of social media giants Facebook has created quite a storm among policymakers and regulators all around the globe. дальше »
2019-7-18 18:29 | |
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China Should Take Precautions against Facebook Crypto: Ex-PBoC Head
Facebook's foray into the payment sector has drawn backlash from governments and regulators across the globe. This time, it is China fencing its borders to keep the social media giant out. The post China Should Take Precautions against Facebook Crypto: Ex-PBoC Head appeared first on NewsBTC. дальше »
2019-7-18 17:00 | |
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German Minister Calls for Close Monitoring of the Cryptocurrency Sector
A German minister has recently called on regulators to pay attention to the cryptocurrency industry, including Facebook’s Libra. According to a report by Reuters on July 16, 2019, the minister said that regulators should ensure that the nascent industry doesn’t threaten the stability of the financial sector Governments Increasingly Wary of Cryptos Since the adventRead MoreRead More. дальше »
2019-7-18 15:00 | |
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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine
Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »
2019-7-18 15:00 | |
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Is It Time to Regulate Crypto Exchanges?
Yes, it’s about time. Now more than ever, crypto regulators need to walk the talk. Discussions around having regulated crypto exchanges are not new to the industry. A March 2019 report by a London-based regulator called Coinfirm revealed that out of the 216 crypto exchanges globally, only 14% are regulated. дальше »
2019-7-18 11:43 | |
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French Regulators Set to Approve Bitcoin-Linked Firms
France’s financial watchdog, the Financial Markets Authority (AMF) has announced plans to implement a new set of rules that will govern bitcoin and crypto-based businesses in the region. The regulation is expected to go live later this month, and it takes care of essential pain points like consumer protection, tax remittance and capital requirements, reportsRead MoreRead More. дальше »
2019-7-18 09:00 | |
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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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Bitcoin Bulls Resign, BTC Price Slumps 24.6% in Rout
Bitcoin (BTC) is down 24. 6 percent Governments ready to tame cryptocurrencies as they avert a possible clash with central banks According to analysts, governments and regulators are planning to “kill” cryptocurrencies and Bitcoin. дальше »
2019-7-17 20:00 | |
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Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’
Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee. дальше »
2019-7-17 14:00 | |
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Bitcoin Suisse Applies for Banking License with Swiss Regulators
In a bid to expand its crypto product offerings and strengthen its position as a global provider of crypto-based financial services, Bitcoin Suisse AG has applied for a banking license with the Swiss Financial Markets Supervision Authority (FINMA), according to a press release on July 16, 2019. дальше »
2019-7-17 13:00 | |
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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin
The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U. S. дальше »
2019-7-17 08:06 | |
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Ripple CEO Defends XRP Following Washington, DC’s Crypto Response
Ripple CEO Brad Garlinghouse has taken the opportunity to plug XRP as a solution to the concerns raised by Treasury Secretary Steven Mnuchin. Speaking on Twitter, Garlinghouse said that he hopes regulators recognize that not all cryptocurrencies are cut from the same cloth in terms of their potential to facilitate crime and money laundering. дальше »
2019-7-17 23:15 | |
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Top US Politician Promotes Blockchain Benefits for Being a Viable Big Tech Regulation Alternative
United States Republican Politician and Congress Minority leader Kevin McCarthy on July 16 said that with the current trend of regulators not nimble enough to adapt to the ever-changing world of the technology industry, those concerned about maintaining their online presence should think about turning to blockchain technology. Protection of the Citizens The experienced lawmaker […] дальше »
2019-7-16 19:06 | |
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Will Libra’s example finally persuade U.S. regulators to embrace the digital assets realm?
Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra. дальше »
2019-7-16 16:30 | |
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Regulators give nod to non-custodial exchanges
A new statement from the SEC and FINRA suggests that non-custodial exchanges may have a headstart when it comes to navigating regulatory issues. дальше »
2019-7-16 15:01 | |
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Binance is working with ‘local partners’ to set up South Korean fiat-to-crypto exchange
Binance is spreading its golden wings. The world’s largest cryptocurrency exchange is expanding its fiat-to-crypto base to South Korea. According to local Korean media outlet, BlockInPress, the Maltese-headquartered exchange is in talks with domestic regulators to set up the exchange. дальше »
2019-7-16 14:30 | |
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Crypto Exchange and Bitlish Wallet: Benefits, Commissions and Legal Framework
The market for crypto-trading platforms is changing at an incredible speed. Regulators' pressure, changes in the regulatory environment, cyber-attacks, Bitcoin rate fluctuation, unscrupulous attempts to wind up trading volume to attract ICO, and now IEO-projects, all these contribute to changes in the balance of power in the crypto market. дальше »
2019-7-16 11:59 | |
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UK Finance Chief Ready to Engage with ‘Potentially Transformative’ Libra
The UK is studying the properties of Libra in-depth to prevent the digital currency from damaging the economy. This is what Philip Hammond, Chancellor of the Exchequer of the United Kingdom, said in a recent interview with CNBC’s Squawk Box. дальше »
2019-7-16 23:30 | |
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Crypto Derivatives Firm Seed CX Receives BitLicense From New York Regulators
New York regulators grant BitLicense to the crypto derivatives firm Seed CX BitLicense is one of the most difficult licenses to acquire to operate a crypto-related firm The cryptocurrency exchange Seed CX has just received virtual currency licenses to operate two of its subsidiaries that offer crypto derivatives solutions. The BitLicense was granted by the […] дальше »
2019-7-15 21:02 | |
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Congressional leaders draft bill that proposes to ban big tech firms from launching digital currency
Facebook’s upcoming stable coin Libra seems to have caught the regulators and policymakers around the globe off-guard. Ever since its official announcement back in June, Libra has been subjected to tons of scrutiny, calls for the halt of the project, and in certain cases even outright ban. дальше »
2019-7-14 10:00 | |
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Georgian Government To Exempt Bitcoin From Value-Added Tax (VAT), No Income Tax For Traders
Since the inception of the crypto industry nearly a decade back, various regulators across the globe have been faced with the task of taxing digital currencies in a way that is not only fair but also quite streamlined. дальше »
2019-7-13 19:37 | |
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Did Facebook’s Libra put Bitcoin and the cryptocurrency industry in the regulators’ crosshairs?
What’s your party trick? Is it the way you pop open a beer bottle? The handstand on the dance floor? Or your smooth-talking skills? If you are a regulator however, your party trick is a full-on crackdown, while everyone is enjoying a bullish party. дальше »
2019-7-13 18:30 | |
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Facebook’s Libra is proof that Big-Tech can go toe to toe with Big Banks, claims US Senator
By the look of things, Libra will be attracting more regulators than customers. Facebook’s foray into the cryptocurrency world began last month when Libra was unveiled and lawmakers across the world lost it. дальше »
2019-7-13 10:00 | |
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Tech Entrepreneur: Facebook’s “Cryptocurrency” Libra is a “Big Mistake”
Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies. дальше »
2019-7-13 02:00 | |
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Ethereum Co-Founder Mihai Alisie Comments On Facebook's Libra
Since Facebook announced Libra, world regulators have been quick to express their fears surrounding the cryptocurrency, but Ethereum co-founder Mihai Alisie believes the project will do more to negatively impact all the good fortune blockchain tech has been able to harbor over the years. дальше »
2019-7-13 01:09 | |
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Outlier Ventures: Blockchain Fundamentals and Market Growth have Never Been Stronger
In a report by Outlier Ventures head of research, Lawrence Lundy, the VC firm confirmed that data points signal a huge boom in crypto, and despite price lagging behind the market has never been stronger. дальше »
2019-7-13 21:00 | |
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President Donald Trump Shuns Bitcoin and Facebook’s Libra Project
The President of the United States, Donald Trump has made it clear that he is not a fan of bitcoin (BTC), Libra, and other cryptocurrencies. He added that firm’s like Facebook looking to issue digital assets must obtain a banking charter and come under the purview of financial regulators in the country, reports The GuardianRead MoreRead More. дальше »
2019-7-12 14:13 | |
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P2P Exchanges See Uptick In Use As Regulators Join The Cryptosphere
Peer-to-peer exchanges including Bisq and Local.Bitcoin.com have seen a rise in user rates from traders looking to maintain a level of anonymity as regulators call for more oversight of online exchanges. дальше »
2019-7-12 23:38 | |
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FED Chairman: Facebook’s Libra Cannot Go Forward!
Coinspeaker FED Chairman: Facebook’s Libra Cannot Go Forward!Federal Reserve Chairman Jerome Powell said that Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability, adding that the project “cannot go forward” until Facebook’s answers to regulators’ questions. дальше »
2019-7-11 10:01 | |
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