Tag: regulation

Jan 18 2021

Ecuadoran Presidential Candidate Wants to Create a National Cryptocurrency

Jan 18 2021 Published at Blockonomi under tags  ecuador finance national crypto regulation

Ecuadoran presidential candidate Giovanny Andrade shared his plans to create a national cryptocurrency for the Latin American country based on the gold standard. Giovanny Andrade is the president of the Ecuadorian-Chilean Chamber of Mining and has been a supporter of the dollarization of the Ecuadorian economy started in the year 2000 under the presidency of [...] The post Ecuadoran Presidential Candidate Wants to...

Jan 14 2021

Blockchain Bites: OCC’s Head Stepping Down, Anchorage to Become First National ‘Digital Asset Bank’

Brian Brooks finalized the controversial Fair Access to Banking rule in what could be his last act in office.

What does the January 15 deadline hold for Tether, the world’s biggest stablecoin

Jan 14 2021 Published at CryptoSlate under tags  btcusd legal regulation stablecoins

Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan....

Bitcoin “Funny Business” Needs Regulation Says Lagarde

Jan 14 2021 Published at FullyCrypto under tags  bitcoin bitcoin news regulation

Reading Time: 2 minutes Christine Lagarde has called for “global” regulation of Bitcoin The European Central Bank president told Reuters that Bitcoin has been the medium for “totally reprehensible money laundering activity” Cryptocurrency regulation is at its tightest...

Jan 13 2021

Is Gary Gensler’s appointment as head of the U.S. SEC good for Bitcoin?

Jan 13 2021 Published at CryptoSlate under tags  btcusd regulation

The incoming chairman is said to hold a favorable view of Bitcoin and other cryptocurrencies. Bad for Wall Street, Good for Bitcoin Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President- elect Joe Biden, as per a...

La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región

Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Regulation

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a speculative asset.

“Self-driving Banks” Coming, Says Departing Currency Comptroller

Jan 13 2021 Published at FullyCrypto under tags  blockchain blockchain news defi regulation

Reading Time: 2 minutes “Self-driving banks” based on blockchain technology and DeFi are coming, the outgoing US currency comptroller has said Brian Brooks has warned that regulators need to be ahead of the game on self-driving banks Brooks says decentralized finance...

Jan 12 2021

Poland’s KNF Warns Crypto Investors Risk Losing Their Money

The KNF’s concerns include price volatility, the complexity of products offered and the lack of consumer protection.

UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.

New Zealand’s Financial Watchdog Warns on Crypto Investment Risks

The warning comes a day after the regulator's U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.

FCA Issues Cryptocurrency Investment Warning

Reading Time: 3 minutes The FCA has renewed its concern over retail investors getting into cryptoasset trading The UK’s financial watchdog highlighted five concerns regarding crypto investment schemes The advice was nothing it hasn’t issued before and makes sense to the...

Jan 11 2021

Here’s why the UK financial regulator said crypto investors can “lose all their money”

Jan 11 2021 Published at CryptoSlate under tags  btcusd regulation

The regulator issued the warning shortly after crypto markets took a hit on Monday. No getting rich quick U.K.’s Financial Conduct Authority (FCA) warned on Monday that investments and lending products related to crypto come with “very high risks,” as per a report on news outlet...

2020: Year 11 Of “The Transformation”

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...

Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating

Jan 11 2021 Published at CoinDesk under tags  business mas news policy & regulation regulation

The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.

FCA Warns Crypto Investors May “Lose All of Their Money”

Jan 11 2021 Published at Crypto Briefing under tags  business fca regulation

The FCA has warned investors of the risks associated with investing in cryptoassets. Their article references potential dangers, including the lack of protection for consumers and the price volatility of cryptoassets. "Prepare to Lose All Your Money" Great Britain's Financial Conduct Authority (...

UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

Jan 11 2021 Published at CoinDesk under tags  fca news policy & regulation regulation

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

Jan 08 2021

Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto

Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments.

2021 in Crypto: What to Expect in the Year Ahead

Jan 08 2021 Published at Unchained Podcast under tags  2021 bitcoin blockchain coinbase crypto

Frank Chaparro, director of news at The Block, gives his predictions for what will happen in crypto in 2021. In this episode, we discuss: the big stories in crypto in 2020 how the market has changed in 2020...

Jan 07 2021

40 Crypto Firms Apply for Austrian License, 18 Get Tick of Approval

The majority of digital-asset providers that were applied for a license operate crypto wallets and exchange platforms.

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