Has New York State gone astray in its pursuit of crypto fraud?
A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable. Go to Source Powered by WPeMatico
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Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption
Regulation will touch every person in every jurisdiction worldwide; crypto must find ways to preserve its decentralization and privacy. Go to Source Powered by WPeMatico
FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. Go to Source Powered by WPeMatico
Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles
Blockchain and virtual currencies are set to become vital part of the Argentine capital’s 12-step digital transformation effort. Go to Source Powered by WPeMatico
Acting OCC comptroller calls for standards on stablecoins
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins. Go to Source Powered by WPeMatico
Cuban central bank makes it official: VASP licensing coming in May
The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16. Go to Source Powered by WPeMatico
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project
The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more clarity to the sector in the country. The proposal, which was approved in the first discussion, was composed of two different projects presented to the economic affairs commission of the Assembly. Panama Moves to Regulate … Read more
US Senate confirms Lael Brainard as Fed vice chair
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years. Go to Source Powered by WPeMatico
City of Fort Worth votes in favor of Bitcoin mining program
“We are going to become the first city in the world to mine Bitcoin here on site at city hall,” said Fort Worth Mayor Mattie Parker. Go to Source Powered by WPeMatico
The new HM Treasury regulations: The good, the bad and the ugly
With the U.K. never having been particularly crypto-friendly, could new regulations and Her Majesty’s Treasury’s recent announcements be a game changer? Go to Source Powered by WPeMatico