OECD Calls for ‘Delicate Balance’ in Global ICO Regulation
ICO development should be facilitated by global regulators, according to the Organisation for Economic Cooperation and Development Go to Source Powered by WPeMatico
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Crypto Is Tightening Up Its Anti-Money Laundering Game, While Banks Are Still Being Fined for Non-Compliance
Morgan Stanley fine reveals that it’s the financial industry that has a problem with money laundering, not crypto Go to Source Powered by WPeMatico
Irish Gov’t Approves Anti-Money Laundering Bill Affecting Cryptocurrency
The Irish Cabinet has approved a bill that would give effect to the fifth EU money laundering directive and strengthen existing legislation Go to Source Powered by WPeMatico
The Daily: Arguing Over Augur, Regulated Stablecoins Attract Flak
Welcome to the final installment of The Daily for 2018. It seems fitting that the year’s ultimate edition should focus on one of 2018’s overarching themes within the cryptoconomy – stablecoins. We’ve also got space to squeeze in a critique of Augur’s crowdsourced prediction market and to consider yet another bitcoin-based Patreon alternative. Also read: 1 … Read more
Following the Crypto-Anarchist Dream: 3 Reasons to Reject KYC and AML
Last year, crypto KYC and AML requirements came bursting onto the scene with thunderous applause and approbation. Many traders felt like the ICO sector was rife with scammers and con artists. In this sense, they believed there would be redemption through government. The scammers and hucksters would go to prison for defrauding investors and all … Read more
US Lawmakers Introduce Bill to Impose Sanctions on Iranian National Cryptocurrency
A bill in the House of Representatives calls to impose further sanctions on Iranian financial institutions and its national digital currency Go to Source Powered by WPeMatico
Bermuda Financial Regulator Releases Draft Regulation for Crypto Custodial Services
Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services Go to Source Powered by WPeMatico
Swiss Federal Council: Existing Financial Law Should Be Adjusted to Blockchain Industry
The Swiss Bundesrat said that existing financial law in the country suits the blockchain industry, but needs some tech-specific adjustments Go to Source Powered by WPeMatico
Dutch Central Bank Proposes License Requirement for Cryptocurrency Service Providers
In the Netherlands, cryptocurrency service providers will soon be required to obtain a license issued by the Dutch central bank Go to Source Powered by WPeMatico
Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector
A report on the U.K.’s money laundering and terrorist financing strategy highlights the need to address the “emerging” crypto sector Go to Source Powered by WPeMatico