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G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their … Read more
In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” Olivia Capozzalo and Molly Jane Zuckerman discuss the latest news in the crypto industry Go to Source Powered by WPeMatico
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering Go to Source Powered by WPeMatico
A comprehensive instantaneous payments system may be in place in the European Union by 2020 Go to Source Powered by WPeMatico
According to a recent survey of 10,000 European residents, 63% believe that cryptocurrencies will still be around in 10 years. However, polled respondents were not so confident about bitcoin core (BTC) lasting over the next decade as only 49% of participants believe BTC will be around. Also read: Researchers Find Hundreds of Ethereum Wallets at … Read more
Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators. Also read: Indian Supreme Court Postpones … Read more
The emergence of DLT-based securities may create the need for new regulation, according to a German private banking association Go to Source Powered by WPeMatico
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. The U.K. based e-wallet service licensed by the Financial Conduct Authority (FCA) aims to provide a variety of end-to-end solutions for people … Read more
Smart contracts fall subject to international law, a professor of Private International Law at the Friedrich Schiller University in Germany has argued Go to Source Powered by WPeMatico
The European Banking Authority (EBA), a regulatory agency of the European Union, has published its assessment into the application of EU law to crypto assets. The agency, which is headquartered in London, recommends that the European Commission tables a response to the risks regulators associate with the field such as money laundering. Also Read: FBI … Read more
