Major Central Banks to Discuss Digital Currencies Amid IMF Conference
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference Go to Source Powered by WPeMatico
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Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference Go to Source Powered by WPeMatico
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD Go to Source Powered by WPeMatico
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close to 2% inflation. Sharing few … Read more
Deribit clarifies new requirements for customer information to take effect following move to Panama, itself an effort to avoid new E.U. AML regulation Go to Source Powered by WPeMatico
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group Go to Source Powered by WPeMatico
European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. AMLD5 introduces stricter customer due diligence requirements and some in the industry have realized their business models, based on key principles of the crypto … Read more
Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus on crypto oversight. Further, China’s central bank has made digital currency a priority. Also … Read more
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules Go to Source Powered by WPeMatico
Swiss crypto firm gets approval from Swedish authorities to offer its exchange-traded products to investors in the EU Go to Source Powered by WPeMatico
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement Go to Source Powered by WPeMatico