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Category: AML standards
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Canadian Exchanges to Report Transactions Over $10k per Proposed Regulations
Canadian bitcoin investors and cryptocurrency traders are going to be subjected to an increased level of market surveillance soon if the government has its way. Once the proposed regulations are implemented, every transaction above $10,000 CAD will have to be reported. Also Read: Bitcoin in Brief Monday: Korean Exchange Hack Takes a Toll on Crypto Markets […]
The post Canadian Exchanges to Report Transactions Over $10k per Proposed Regulations appeared first on Bitcoin News.
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NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses
This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the […]
The post NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses appeared first on Bitcoin News.
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