Zuckerberg: Facebook Will Not Launch Libra Without US Approval
Mark Zuckerberg plans to assure Congress that Libra will not launch until all U.S. regulators’ concerns are addressed Go to Source Powered by WPeMatico
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Germany Warns of Privacy Token Usage in Money Laundering and Terrorism
German Finance Ministry urges oversight over the development of privacy tokens to prevent illicit usage Go to Source Powered by WPeMatico
UK Gov’t: FCA Will Make Final Decision on Banning Crypto Derivatives
The U.K. government has stressed that is up to the “operationally independent” financial regulator, not the executive, to decide on a proposed crypto derivatives ban Go to Source Powered by WPeMatico
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working” Go to Source Powered by WPeMatico
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative effect on my own experience, thanks to the same regulations, … Read more
McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where users won’t need to exchange their cryptocurrencies for fiat. Crypto will … Read more
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday Go to Source Powered by WPeMatico
Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review
This week’s selected cryptocurrency and blockchain news from Spain and Latin America, courtesy of Cointelegraph en Español Go to Source Powered by WPeMatico
How to Trade Crypto in Person Safely
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many of the problems plaguing mainstream exchanges currently. The goal of this breakdown … Read more
Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings
In letter to investors, Telegram calls February hearings “a positive step” in process of determining that Gram tokens are not securities Go to Source Powered by WPeMatico