Russian Central Bank Links Crypto Transactions With Money Laundering
The Russian central bank now considers any crypto exchange transaction as a money laundering risk Go to Source Powered by WPeMatico
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Legal Framework for Tokenization Submitted to Russia’s Crypto Bill
Russia may soon have a legal framework for asset tokenization in place following a successful pilot by major mining firm Nornickel Go to Source Powered by WPeMatico
Tether to Track Stablecoin Network Activity With Chainalysis Suite
Tether has partnered with Chainalysis to track possibly illicit activities on its stablecoin network Go to Source Powered by WPeMatico
Crypto Crime Doubled in 2019, but Still Under 1% of Transactions
Crypto darknet proves resilience accounting for around 1% of transactions, as governments may look to tighten the leash Go to Source Powered by WPeMatico
Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. Also read: Swiss Financial … Read more
Trump’s New Budget Would Have Secret Service Investigate Crypto Crimes
President Trumps’ new budget for 2021 claims a consolidated Treasury and Secret Service will be more efficient in tackling cryptocurrency-enabled crime Go to Source Powered by WPeMatico
40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law
More than 40 financial institutions in Germany have reportedly declared to the country’s financial regulator, BaFin, their interest to offer cryptocurrency services under the new German law. News.Bitcoin.com reached out to the regulator for some more information. The law, which went into effect early this year, enables banks to offer crypto services after obtaining a … Read more
Bitcoin ETFs in Japan: FSA Explains New Rules for Funds Investing in Cryptos
Japan’s top financial regulator, the Financial Services Agency (FSA), has explained to news.Bitcoin.com its recently adopted rules regarding the creation and sale of cryptocurrency exchange-traded funds (ETFs). Meanwhile, Japan now has a crypto index, launched by major Japanese companies. Also read: US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks Crypto-Focused Funds With … Read more
UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations
The United Kingdom’s financial regulator, the FCA, is looking to hire a cryptocurrency specialist Go to Source Powered by WPeMatico
Uganda Targets Cryptocurrencies in Ponzi Scheme Crackdown
Uganda wants to ban pyramid schemes, but cryptocurrencies may come under fire as well Go to Source Powered by WPeMatico