China’s Alibaba Launches Crypto Mining Platform Despite Restrictions, Say Local Sources
Alibaba and Tencent have both produced crypto-related trademark registrations, according to unconfirmed sources #NEWS Go to Source Powered by WPeMatico
Bitcoin Regulation
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German Central Bank Director: Crypto Regulations Must Be International
A member of the board of Germany’s Bundesbank, has suggested that any attempt to regulate cryptocurrencies would require international cooperation. #NEWS Go to Source Powered by WPeMatico
New Report: Bitcoin Drug Money Laundering Is Highly Centralized
A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. #NEWS Go to Source Powered by WPeMatico
China: After Banning Exchanges, Authorities Move To Close ‘Exchange-Like Services’
The Chinese government is looking to extend the scope of its cryptocurrency exchange ban in response to a trading “uptick.” #NEWS Go to Source Powered by WPeMatico
Cryptocurrencies Occupying Minds of Banks and Regulators
It is not only the individuals and the investors, banks and other financial regulators are deep in thought about this crypto mania. #ADOPTION Go to Source Powered by WPeMatico
South Korea Clarifies Position on Crypto Regulation Amidst Confusion in Mainstream Media
South Korean crypto traders to face fines for anonymous trading, gov’t clarifies position on trading ban rumors #NEWS Go to Source Powered by WPeMatico
Metropolitan Bank Halts All Cryptocurrency-Related Wire Transfers
In a move that will have far-reaching implications, Metropolitan Bank Holding Corp. has halted all cryptocurrency related wire transfers, effective immediately. #NEWS Go to Source Powered by WPeMatico
Central Bank of Indonesia Warns Against All Cryptocurrency Use, Cites High Risk
The central bank of Indonesia warns all citizens against cryptocurrency use, taking a harsher tone than previous advisory statements. #NEWS Go to Source Powered by WPeMatico
Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-Fiat
Ukraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and calls for its legalization. … Read more
‘Nothing Finalized’: South Korea Gov’t Ministries Diverge Over Crypto Ban Proposal
Conflicting reports on South Korea’s crypto trading ban proposal, FUD causes sell-off #REGULATIONS Go to Source Powered by WPeMatico