BitMEX charges send ‘a message’ to global exchanges: Crypto Mom
The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously Go to Source Powered by WPeMatico
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NYC court has no right to hear ‘international’ case argues Bancor firm
Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.” Go to Source Powered by WPeMatico
Blockchain firm Monerium thinks Europe ‘already has’ a digital euro
The ECB should grant e-money issuers access to central bank reserves, says Monerium. Go to Source Powered by WPeMatico
UK FCA crypto derivatives ban ignored 97% of consultation respondents
The U.K.’s Financial Conduct Authority is accused of ignoring its own consultation and cherry-picking data. Go to Source Powered by WPeMatico
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors. Go to Source Powered by WPeMatico
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax … Read more
Spain’s new bill proposal complicates crypto for citizens
Spain’s new anti-tax fraud bill includes crypto implications. Go to Source Powered by WPeMatico
Ripple CEO Threatens to Relocate Company Overseas Due to Unfavorable US Regulation
Ripple chief executive officer Brad Garlinghouse has threatened to move the company’s headquarters overseas should the U.S. fail to level the playing field with an unambiguous regulatory framework. In a series of tweets on Oct.12, Garlinghouse said: “The lack of a single national regulatory framework is putting U.S. innovation and U.S. companies at a significant … Read more
G7 will block Libra launch until regulations in place
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.” Go to Source Powered by WPeMatico
BoE governor continues to assert Bitcoin has ‘little intrinsic value’
“It may have extrinsic value in the sense that people want it,” said Bailey. Go to Source Powered by WPeMatico