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PortuguêsRipple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP’s security status. The original lawsuit…
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So far there has been little indication that US regulators will change their harsh stance towards bitcoin and the crypto industry. Blinkered by false notions, they continue with their anti-crypto…
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The U.S. House Financial Services Committee plans to question the Securities and Exchange Commission (SEC) about cryptocurrencies and Facebook’s Libra project next week, among a host of other topics. According…
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The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for…
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CoinDesk has acquired documents detailing a draft proposal for new cryptocurrency mining regulations in Iran, which sources in Tehran say is well on its way toward official approval. Based on…
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Wallet developer Jack Mallers, the founder of Zap Solutions, wants to improve the Lightning Network’s user experience. To achieve that goal, Zap is launching a dollar-denominated bitcoin buying feature inside…
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Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s…
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The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its…
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Crypto exchange Binance is now explicitly positioning its Venus stablecoin project as a government-friendly alternative to Facebook’s Libra, just a month after downplaying any suggestions of rivalry between the two.…
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Germany’s government has passed a new strategy outlining the ways the leading EU state is planning to use blockchains. Approved by Chancellor Angela Merkel’s cabinet on Wednesday, the strategy sets…
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It seems Facebook’s woes are starting to mount as the European Central Bank (ECB) revives plans to create its own digital currency in direct competition to Libra and bitcoin. Yet…
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Regulator-compliant crypto exchanges are required to share your information with other financial institutions. | Source: Horth Rasur/Shutterstock Transferring more than $1,000 in bitcoin or any other crypto from one exchange…
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The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive…
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Research from the Bank for International Settlements (BIS), often dubbed the “bank for central banks,” has come out in favor of building regulation into blockchain-based financial markets. A working paper…
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The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial…
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The head of Facebook’s Calibra – the entity created by Facebook to provide financial services including a digital wallet for the planned Libra cryptocurrency – has spoken out in response…
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The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project…
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Regulatory pressure on cryptocurrency exchanges to stop providing users with access to so-called privacy coins is growing. The South Korean arm of the Malta-based OKEX exchange announced early on Monday…
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The Facebook-led Libra project is to face questions from 26 central banks over the perceived risks to financial stability posed by the cryptocurrency project. On Monday, the Committee on Payments…
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PayPal representatives have said they remain cautious about the future of Facebook’s planned stablecoin Libra, according to a Sept. 14 report from Agence France Press (AFP). PayPal investor relations vice…
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The U.S. has sanctioned three North Korean entities for cyber crimes, mentioning cryptocurrency thefts as one of the reasons for the action. In a Sept. 13 announcement, the U.S. Department…
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Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $50,000 in fiat…
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The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens nations’ financial stability. In interview with French daily Les Echos on Thursday, Bertrand Perez,…
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French Finance Minister Bruno Le Maire has said that Europe should consider its own “public digital currency” that could challenge Facebook’s Libra. The Minister’s remarks — the latest in a…
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CF Benchmarks has become the first cryptocurrency index provider to be recognized as a Benchmark Administrator under the European Benchmarks Regulation (EU BMR). The U.K.’s Financial Conduct Authority (FCA) authorized…
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The head of the Swiss financial markets watchdog has spoken out on the perceived pressure for the nation arising from Facebook’s Libra cryptocurrency project being based in Geneva, as well…
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The French finance minister has said the nation plans to block Facebook’s Libra cryptocurrency in the EU over concerns that it poses a threat to “monetary sovereignty.” According to The…
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A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages…
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The world’s largest crypto exchange will be opening its US platform across most of the country next week. It has announced the listing of six crypto assets for trading but…
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Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form…
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The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland. Swiss financial regulator FINMA confirmed in a guidance…
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Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to…
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Researchers at CoinCenter are in favour of a federal level regulatory framework to overlook intermediaries doing business with crypto assets in the United States. The non-profit organisation argues that the…
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Blockstack has raised more than $20 million in a token sale approved by the U.S. Securities and Exchange Commission, the company announced Tuesday. In a blog post, Blockstack co-founder Muneeb…
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Cryptocurrency entities based outside of the Netherlands may get the boot under new crypto regulations. Following up a report by CoinDesk on the DNB’s recent registry mandate for cryptocurrency companies,…
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A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to…
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CipherTrace has unveiled its answer to one of the thorniest questions now facing the cryptocurrency industry: how to securely share information about customers under new global regulatory guidelines. On Tuesday,…
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Facebook’s Libra must achieve the highest standards of U.S. regulatory compliance prior to any launch, a U.S. Treasury official has said. Speaking to reporters in Geneva, Switzerland, Sigal Mandelker, under secretary…
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Facebook‘s fiat-pegged ‘cryptocurrency‘, the Libra, may reportedly avoid including China‘s Yuan among its list of supported state currencies. | Source: Shutterstock The basket of fiat currencies in the line up…
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Incoming European Central Bank President Christine Lagarde advocates for an open approach to cryptocurrency regulation. | Image: Shutterstock Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential…
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